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Month: October 2025

Posted on 01/10/2025

Khazanah’s chief investment officer urges investors to ‘co-parent’ Asian firms amid weak returns

He says public market investors can play a more active role, while private equity can acquire underperforming assets Read more at The Business Times.

Posted on 01/10/2025

World Liberty Financial to launch debit card as early as this year

World Liberty Financial, a crypto venture backed by the family of U.S. President Donald Trump, plans to launch a debit card that would "bridge crypto assets with everyday spending", its CEO Zach ...

Posted on 01/10/2025

Exxon expects to cut Singapore staff by 10% to 15% by end-2027

Exxon Mobil Corp expects to cut the number of its employees in Singapore by 10% to 15% and move its office to the site of its Jurong plant from downtown by the end of 2027, in global restructuring ...

Posted on 01/10/2025

Investment strategist Phua Zhenghao and portfolio manager Grace Yan join asset management team at CGSI

Phua will oversee the CGSI’s public markets investment strategies, while Yan will “play a key role” in advancing the firm’s equity and thematic strategies.

Posted on 01/10/2025

Singapore Court Blocks Foreign Liquidators’ Bid to Sue Standard Chartered, BSI Bank

Singapore's high court has blocked a bid by foreign liquidators to sue Standard Chartered Bank and BSI Bank over transactions allegedly tied to 1Malaysia Development Bhd.

Posted on 01/10/2025

Verstappen’s late-season surge faces steamy Singapore examination

Drivers can shed up to three kilos during the longest outing on the calendar, where completing the 62 laps often lasts the maximum two hours race time allowed Read more at The Business Times.

Posted on 01/10/2025

Singapore’s Third Quarter Private Home Price Growth Largely Steady

Singapore's private home prices grew at a slightly faster pace in the third quarter, sustained by new home launches. The overall private residential property price index rose 1.2% on quarter, ... ( read original story ...)

Posted on 01/10/2025

Singapore Strengthens Position as Third-Largest Global Forex Center

Singapore has strengthened its position as the third-largest global foreign-exchange center behind the U.K. and the U.S., the Monetary Authority of Singapore said Wednesday.

Posted on 01/10/2025

Singapore Stops 1MDB Liquidators from Suing StanChart, BSI Bank

Singapore’s High Court has stopped foreign liquidators from suing Standard Chartered Plc and BSI Bank Ltd. over transactions allegedly linked to the Malaysian sovereign wealth fund 1Malaysia ...

Posted on 01/10/2025

Wealthy clients increasingly seek private market funds to diversify from traditional assets: OCBC

The bank is exploring offering other types of alternative investments such as tokenised assets. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/10/2025

Business leaders have responsibility to shape outcomes in fragmented world: Chan Chun Sing

Describing the two extremes of global fragmentation and integration, the defence minister said corporate leaders need to raise their voices for the type of world they want to see.

Posted on 01/10/2025

Singapore overtakes London in list of top 20 IPO markets

The pool of UK-listed firms continues to decline as private equity funds snap up undervalued companies Read more at The Business Times.

Posted on 01/10/2025

Nintendo establishes Singapore unit to accelerate South-east Asia business

The maker of video games series Pokemon and the Switch gaming console is also considering setting up a local unit in Thailand Read more at The Business Times.

Posted on 01/10/2025

From one-man show to S$5 million revenue: Declarators makes a business of customs declarations

The Covid-era e-commerce boom fuelled growth, helping the company more than double its top line Read more at The Business Times.

Posted on 01/10/2025

1MDB liquidators lose Singapore court bid to sue StanChart, BSI

High Court ruled cross-border insolvency law cannot be applied to deals made before it took effect in 2018. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/10/2025

IN FOCUS: No new petrol cars in Singapore from 2030 – what infrastructure needs to change?

As Singapore pushes towards an entirely cleaner-energy vehicle population by 2040, what will happen to petrol stations and will there be enough EV chargers?

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