Singapore on Monday (Feb 10) committed to reduce its greenhouse gas emissions to between 45 and 50 million tonnes by 2035, down from around 60 million tonnes in 2030. Read more at The Business Times.
Room for Singapore-listed companies to improve anti-corruption disclosure: NUS study
The average overall anti-corruption disclosure score for Singapore-listed companies was 63 per cent. Read more at straitstimes.com.
Manulife appoints new Singapore CEO amid leadership shake-up in Asia
INSURER Manulife has appointed Benoit Meslet, the current chief executive officer of its Japan office, to head its Singapore division. Read more at The Business Times.
Singapore shares rise, with DBS driving gains; STI up 0.4%
On the STI, Venture Corporation was the top gainer, rising 1.9 per cent, or 24 cents, to $12.80. It was followed by DBS, which climbed 1 .6 per cent, or 70 cents, to $45.38 on a cum dividend basis.
Singapore tycoon Ong Beng Seng reportedly battling bone marrow cancer amid court case
Singapore's property magnate Ong Beng Seng, embroiled in a corruption case linked to former transport minister S. Iswaran, is reportedly fighting bone marrow cancer. ( read original story ...)
OCBC Investment Research raises DBS’s TP to $50 after FY2024 record profit
Lee’s new target price still gives DBS an attractive dividend yield estimate of 6%, assuming a total dividend payout of $3 in FY2025.
Netizens voice concerns over e-payments in school affecting kids’ financial awareness and money skills
Singapore schools are adopting e-payments, but netizens worry children will struggle with cash transactions. Critics argue that relying on digital payments may weaken financial literacy, making kids ...
Singapore puts pressure on employers to drive OMIP’s success; strict new guidelines unveiled
The first safeguard requires employers to submit a business growth or transformation plan, demonstrating how the overseas posting aligns with the company’s global expansion strategy. Additionally, ...
U.S. tariffs and interest rate uncertainties make 2025 a “choppy year” for Singapore’s biggest bank: DBS CEO Piyush Gupta
Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net profit reaching a record high.
Most Asia shares fall on trade war jitters; Singapore stocks hit record high
EMERGING markets were jittery on Monday on rising global trade tensions, with equities in three export-reliant Southeast Asian countries dropping sharply, while stocks in Singapore hit a record high ...
ST Engineering iDirect Demonstrates Public Safety Connectivity with Verizon Frontline at Super Bowl LIX
Hosted by Verizon Frontline, the event will highlight its range of innovative solutions designed to deliver vital connectivity in emergency scenarios. Powered in part by ST Engineering iDirect's state ...
Sustainability concerns will shape Singapore’s priorities in attracting investments: EDB chairman
THE Republic’s priorities in attracting investments are being reshaped by the city-state’s sustainability commitments, said Singapore Economic Development Board (EDB) chairman Png Cheong Boon in a ...
Shifting housing demand from Singapore to Johor could offer room to ease ABSD rates
If Singapore residents move to Johor Bahru, ABSD can be lowered to spur buying by investors and foreigners. Read more at The Business Times. ( read original story ...)
Singapore’s STI breaks through to a new record as banks hit fresh highs
Singapore’s benchmark index the Straits Times Index has broken through to a new record high on Monday (Feb 10). Read more at The Business Times.
Markets react to Trump’s tariffs on steel and aluminium imports
U.S. President Donald Trump said on Sunday he will introduce new 25% tariffs on all steel and aluminum imports into the U.S., on top of existing metals duties. He also said he will announce reciprocal ...
Singapore’s DBS reports record profits as long-serving CEO bows out
Piyush Gupta, DBS's long-serving chief executive, signed off his 16-year tenure at south-east Asia’s biggest bank with record profits announced on Monday.