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Month: September 2025

Posted on 18/09/2025

ICA foils attempt to smuggle more than 450 packets of duty-unpaid cigarettes into Singapore via Woodlands Checkpoint

Immigration and Checkpoints Authority (ICA) officers foiled an attempt to smuggle more than 450 packets of duty-unpaid cigarettes into Singapore via Woodlands Checkpoint on Aug 26. In a Facebook post ...

Posted on 18/09/2025

EquitiesFirst and Singapore’s Deep Tech Challenge: Financing the Next Innovation Wave

Singapore's digital economy expanded at 11.2% annually between 2018 and 2023, according to government data, nearly double the broader economy's growth rate.

Posted on 17/09/2025

UOB lowers SGD fixed deposit promo rates from 17 Sep 2025, max now 1.2% p.a.

From 17 September 2025 to 30 September 2025, UOB is offering updated fixed deposit promotional interest rates for individual customers. This applies strictly to fresh fund placements, meaning funds ...

Posted on 17/09/2025

Singapore’s key exports fall 11.3% in August, weaker than forecast

Singapore's non-oil domestic exports fell 11.3 per cent year-on-year in August, weaker than analysts' estimates as exports of both electronics and non-electronics fell. The fall compared with a ...

Posted on 17/09/2025

BlueFive Capital to raise $1 billion private equity fund for Asia investments by Q4

Investment firm BlueFive Capital will announce the close of a new $1 billion fund focused on private equity investments in Asia by the fourth quarter of 2025, its chief executive Hazem Ben-Gacem said ...

Posted on 17/09/2025

OCBC aims to provide social loans to 10,000 women entrepreneurs across four markets by 2030

As of June, OCBC says it has supported over 2,000 women entrepreneurs with total social loan commitments of close to $600 million.

Posted on 17/09/2025

DBS acquires 250,000 shares in SingPost for $110,000

This brings the bank’s stake in SingPost to 0.062%, and Temasek’s deemed interest through DBS and Singtel to 22%.

Posted on 17/09/2025

Agoda axes 50 Singapore staff; warns them not to report to govt agencies or lose their severance pay: sources

A document to affected staff noted that reports to MOM, Tafep will revoke their entitlement to severance benefits Read more at The Business Times.

Posted on 17/09/2025

Singapore among world’s top 5 most innovative economies for third year in a row

Singapore has been ranked fifth among 139 economies in the Global Innovation Index (GII) 2025, marking the third consecutive year it has remained in the top five.

Posted on 17/09/2025

Exclusive: Vitol and Glencore set to make formal bids for Chevron’s Singapore refinery stake, sources say

Global commodities traders Vitol and Glencore are expected to make formal bids for Chevron's 50% stake in Singapore's second-largest refinery, five people familiar with the matter said.

Posted on 17/09/2025

Share buybacks by SGX-listed companies surge 80% y-o-y to $1.65 bil; UOB, DBS and OCBC top spenders

Other companies such as AEM Holdings, Kingsmen Creative and Jason Marine Group filed buybacks for the first time in 2025.

Posted on 17/09/2025

Lower shipments to US, China weigh on Singapore August exports

Singapore's exports slid again in August according to official figures out Wednesday, as shipments to its biggest markets -- the US and China -- keep dropping. Singapore's non-oil domestic exports ...

Posted on 17/09/2025

OCBC aims to provide social loans to 10,000 women entrepreneurs by 2030, up from 2,000 now

The programme in Indonesia, Singapore, Hong Kong and Malaysia offers financing to women-led startups within their first two years of incorporation Read more at The Business Times.

Posted on 17/09/2025

OCBC aims to provide social loans to 10,000 women entrepreneurs by 2030, up from 2,000 now

The programme in Indonesia, Singapore, Hong Kong and Malaysia offers financing to women-led startups within their first two years of incorporation Read more at The Business Times.

Posted on 17/09/2025

Singapore key exports disappoint with 11.3% drop in August as US tariffs take bigger toll

Key exports to the US shrank 28.8 per cent while shipments to China fell 21.5 per cent. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/09/2025

Expats praise safety in Singapore, complain about high costs, visas; Back-to-back MRT faults in TEL, EWL spark commuter frustration: Singapore live news

Are expats leaving Singapore over cost concerns? Consecutive MRT faults in the TEL and EWL test patience and public confidence.

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