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Posted on 02/12/2025

OCBC Plans WeChat Pay QR Support in China as Cross-Border Usage Rises

OCBC will add WeChat Pay QR support in China next year, reflecting rising overseas mobile payment activity among its Singapore users.

Posted on 02/12/2025

‘Domestic construction boom’ to cushion S’pore’s trade-related GDP slowdown in 2026: DBS

Singapore’s construction sector, the largest domestic segment, will be a “bright standout” in 2026 and over the coming years, says DBS Group Research.

Posted on 02/12/2025

Bukit Sembawang Estates is a ‘potential dividend powerhouse’: DBS

[SINGAPORE] Bukit Sembawang Estates : B61 -1.2% has been identified as a “potential dividend powerhouse” by DBS Group Research, which sees the possibility of a special dividend of up to S$1 per share ...

Posted on 02/12/2025

More Chinese tourists expected in Singapore over next few months – here’s what it means

In light of an ongoing political spat between Japan and China, over 490,000 flight tickets from China to Japan have been cancelled. If you’re travelling to the Land of the Rising Sun in the next ...

Posted on 02/12/2025

Singapore Pools Toto: Group 2 winner pockets over $260K

However, the 1 December draw did see a lucky winning ticket walk away with the Group 2 share of $261,108. The winning numbers for the draw were 2, 10, 24, 35, 45, and 49 while the additional number ...

Posted on 02/12/2025

UOB prices £750 million floating rate covered bonds due 2029

[SINGAPORE] UOB announced on Tuesday (Dec 2) that it has priced £750 million (S$1.3 billion) floating rate covered bonds due June 2029. The issue date of the covered bonds is expected to be Dec 8, ...

Posted on 02/12/2025

DBS, OCBC and others owed $306m by S’pore car-sharing service Shariot and related firms

The 18 linked companies made an application to the High Court to halt creditor actions. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/12/2025

Singapore’s YouTrip enters Australian market

Announced on Tuesday (Dec 2), the move establishes Australia as YouTrip’s third market, following its previous expansion to Thailand in 2019. YouTrip launched in Singapore in August 2018.

Posted on 02/12/2025

More global brands are betting on Singapore as a gateway to high-growth Asian markets

Global brands are increasingly choosing Singapore as a strategic hub to expand into high-growth Asian markets, leveraging its strong infrastructure and vibrant business environment. Read more at ...

Posted on 02/12/2025

All Singapore jets to be at Ebbing in Fort Smith by summer 2027

Singapore’s F-35 fighter jets are expected to arrive at Ebbing Air National Guard Base in Fort Smith in late 2026, with the country’s F-16 fighters set to arrive in ...

Posted on 02/12/2025

In an age of instability, governments and business look to Singapore: Mike Bloomberg

The city-state has long shown what’s possible when countries prize cooperation over conflict Read more at The Business Times.

Posted on 02/12/2025

DBS, OCBC and others owed $306m by Singapore car-sharing service Shariot and related firms

A group of 18 related companies, including Autobahn Rent A Car and car-sharing service Shariot, have applied to the High Court for a six-month moratorium to halt creditor actions, including the ...

Posted on 02/12/2025

Singapore to open embassy in Mexico City in 2026 as part of deepening ties

President Tharman Shanmugaratnam announced this on his first state visit to Mexico. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/12/2025

Ripple to Expand XRP, RLUSD Payments in Singapore After Securing License

XRP is falling hard alongside Bitcoin on Monday, but Ripple just got good news regarding its payments service in Singapore.

Posted on 02/12/2025

Around 23,700 travellers fined over S$7 million for tax evasion at checkpoints: Singapore Customs

This is a surge from the 13,099 and 7,139 travellers apprehended during the same time period in 2024 and 2023, respectively Read more at The Business Times.

Posted on 02/12/2025

Over RM22.5mil in fines meted out for tax evasion at Singapore checkpoints from Jan to Oct 2025

A woman arriving from Malaysia on Oct 18 attempted to exit the arrival hall at Changi Airport via the green channel without declaring a pewter Bearbrick collectible figurine that was in her possession ...

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