The deal, following the renewal of the firm's European banking facility earlier this year, takes Peninsula's total funding capacity to more than $1.5 billion.
Singapore launches “Battlestar Galactica”-like warship with drones
One such vessel, with its fleet of unmanned companions, could execute missions that would otherwise require multiple manned warships.
China Premier Li Qiang to make two-day official visit to Singapore
Mr Li and Singapore Prime Minister Lawrence Wong will witness the exchange of memoranda of understanding and agreements across several areas.
HSBC launches ‘entrepreneurial wealth proposition’ in Singapore
A recent report by the lender names the Republic as entrepreneurs’ top destination for wealth and relocation Read more at The Business Times.
Singapore, Peru open applications for projects to generate carbon credits
[SINGAPORE] Singapore and Peru on Friday (Oct 24) launched a joint call for applications for carbon credit projects, a move that will allow Singapore-based, carbon tax-liable companies to source such ...
Crypto traders shun altcoins to open US$800b shortfall
Bitcoin’s rising popularity among institutions has opened up a near trillion-dollar gap between altcoins and the largest digital asset.
Economists warn of continued uncertainty in export outlook after surprise 6.9% rise in September
The latest non-oil domestic exports (NODX) print marked a 6.9 per cent expansion year on year, reversing from the preceding month’s upwardly revised 11.5 per cent drop, data from Enterprise Singapore ...
Billionaire Prajogo Pangestu’s Chandra Asri To Buy ExxonMobil’s Fuel Stations In Singapore
The deal comes after Chandra Asri and partner Glencore completed the purchase of Shell's refinery and petrochemical assets in Singapore in April.
More Singapore retail investors using AI to make investment decisions than global peers
More than half of Singapore respondents (56%) said AI helps them save time on research, with more women agreeing than men.
$3b money laundering case: 2 years’ jail for former bank employee implicated in saga
SINGAPORE - The bank employee whose role in a forgery case in 2021 contributed to the largest money laundering probe in Singapore was sentenced on Thursday (Oct 23) to two years' jail.Wang Qiming, 28, ...
$3b money laundering case: Second bank employee involved in saga handed prison sentence
SINGAPORE - A second bank employee embroiled in Singapore’s largest money-laundering case was sentenced to four months’ jail on Oct 24. Chinese national Liu Kai, 36, a former relationship manager at ...
Criminal trial judge erred in convicting ex-oil tycoon O.K. Lim of cheating: Defence lawyer
SINGAPORE - The criminal trial judge erred in convicting Hin Leong founder Lim Oon Kuin of cheating charges, argued Lim's lawyer Davinder Singh during a High Court hearing on Oct 24 on his appeal ...
Projected doubling of S’pore GDP by 2040 could see S$ on a par with US dollar, STI hit 10,000: DBS
A weaker US dollar could open more room for the Singdollar to appreciate over the coming years. Read more at straitstimes.com. Read more at straitstimes.com.
Global business body ICC launches worldwide campaign in Singapore to revitalise rules-based trade
The initiative comes as the US withdraws from global trade leadership, leaving a vacuum Read more at The Business Times.
Li Qiang to Visit Singapore and Attend the Leaders’ Meetings on East Asian Cooperation in Malaysia
At the invitation of Prime Minister Lawrence Wong of the Republic of Singapore, Premier Li Qiang of the State Council will pay an official ...
As stocks rally, more analysts are warning of a market bubble waiting to burst
Analysts warn of a potential market bubble in AI stocks, fueled by hype and high valuations, raising concerns about a sharp correction. Read more at straitstimes.com. Read more at straitstimes.com.