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Posted on 08/05/2025

Singapore’s Bank DBS First-Quarter Net Profit Drops 2%, but Beat Forecasts

SINGAPORE (Reuters) -DBS Group, Singapore's biggest bank, posted on Thursday a 2% fall in net profit in the first quarter from a year earlier, the first drop since the first quarter of 2022, mainly ...

Posted on 08/05/2025

Singapore bank DBS first-quarter net profit drops 2% on-year

DBS Group , Singapore's biggest bank, posted on Thursday a 2% fall in net profit in the first quarter from a year earlier, the first drop since the first quarter of 2022, mainly due to higher tax ...

Posted on 08/05/2025

Hazard alerts among climate adaptations with big investment potential: Report

The report by BCG and Temasek was launched during Ecosperity Week. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/05/2025

Singapore sets up new GasCo entity, appoints chief executive, says regulator

Singapore's energy regulator said on Wednesday the country has established a fully government-owned entity called Singapore GasCo to centralise the procurement and supply of gas to the power sector in ...

Posted on 08/05/2025

Singapore-Pacific Alliance FTA offers firms, investors a stable environment to grow: Alvin Tan

Minister of State for Trade and Industry Alvin Tan says the free trade agreement (FTA) between Singapore and Pacific Alliance offers businesses and investors a stable environment to grow. The FTA ...

Posted on 08/05/2025

Willas-Array Electronics Holds Special General Meeting in Singapore

Limited ( ($SG:BDR) ) has issued an update. Willas-Array Electronics (Holdings) Limited held a special general ...

Posted on 08/05/2025

Singapore and European Union sign agreement to deepen digital trade

A new Singapore and European Union (EU) agreement will pave the way for paperless electronic trade, among other things. It will also facilitate a legal framework on cross-border data flow. These will ...

Posted on 07/05/2025

Bitcoin gains as crypto investors bet on positive US-China trade talks

The rally followed news that the US treasury secretary and trade representative will meet with the Chinese government in Switzerland this week.

Posted on 07/05/2025

Singapore’s 6 billionaires under 50 boast nearly $20B in net worth

Only six of Singapore’s 49 billionaires are under 50, but they collectively hold a US$19.8 billion in wealth, according to Forbes’ 2025 ranking.

Posted on 07/05/2025

Chevron Phillips sells Singapore polyethylene unit to Aster Chemicals

Aster Chemicals and Energy announced on Wednesday that it will acquire Chevron Phillips Singapore Chemicals (CPSC) through its affiliate, Chandra Asri Capital. Aster is a joint venture company between ...

Posted on 07/05/2025

Singapore stocks track regional gains on Wednesday; STI up 0.1%

SINGAPORE] Local stocks ended higher on Wednesday (May 7), tracking gains in the region. Read more at The Business Times.

Posted on 07/05/2025

DBS Net Profit Likely Fell in First Quarter — Earnings Preview

Shares of DBS, which is also Southeast Asia's largest lender, rose 6.3% in the first quarter, trimming their year-to-date losses to about 2%. The stock has yet to fully recover from a brief selloff in ...

Posted on 07/05/2025

Credit Suisse agrees to pay over US$510M in US tax case involving Singapore accounts

The bank was sentenced for conspiring to conceal over US$4 billion from the US Internal Revenue Service (IRS) across at least 475 offshore accounts, which were maintained by the Swiss bank in ...

Posted on 07/05/2025

Singapore GasCo set up to centralise natural gas imports; ex-Pavilion Energy’s Alan Heng named CEO

By centralising procurement, GasCo aims to reap economies of scale and negotiate for more favourable gas contracting terms ...

Posted on 07/05/2025

Singapore, European Union sign new trade agreement to boost digital connectivity

SINGAPORE] Singapore and the European Union (EU) have signed a new agreement to facilitate end-to-end digital trade between both sides. Read more at The Business Times.

Posted on 07/05/2025

Singapore and EU sign digital trade pact, deepening cooperation amid global uncertainties

The EUSDTA is Singapore’s fifth such pact with other countries. Read more at straitstimes.com. Read more at straitstimes.com.

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