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Category: BUSINESS

Posted on 03/02/2024

Singapore banking titan Wee Cho Yaw dies at 95

UOB chairman emeritus Wee Cho Yaw, the billionaire businessman that is one of the most famous names in Singapore’s banking industry, has passed away at the age of 95. Read more at The Business Times.

Posted on 03/02/2024

Electrolux to close Singapore regional office, relocate leadership team to Bangkok

SINGAPORE: Swedish home appliances maker Electrolux is closing its Singapore regional office at Rochester Road and laying off employees.  The company said on Friday (Feb 2) that its Asia-Pacific (APAC ...

Posted on 03/02/2024

Your next plane ride could be powered by used cooking oil. Here’s how a refinery in Singapore is already helping to make it happen.

Why Singapore is the right place for SAF The fact that Singapore ... And for Jauhaianen, the motivations go beyond just business reasons. "As a father of three young children, I strongly believe that ...

Posted on 02/02/2024

Singapore Manufacturing Activity Expanded Further in January

Singapore's manufacturing sector stretched its run of growth to a fifth straight month, a key gauge showed, hitting ...

Posted on 02/02/2024

Singapore factory activity continues to pick up, cautious optimism for 2024

SINGAPORE – The manufacturing sector continues to pick up ... January’s overall PMI reading was attributed to a faster expansion of new orders, new exports and input purchases. Faster expansion rates ...

Posted on 02/02/2024

Singapore court gets tough on rhino horn smuggler

Now, a Singapore court has sent the man who transported the horns to jail for two years. This is the maximum term allowed for the offence under the law that was in effect at the time of the seizure ...

Posted on 02/02/2024

GSA Negotiations with Singapore are Slow, Conrad Asia’s Investment in Mako Field is Hampered

ASIATODAY.ID, JAKARTA - Conrad Asia Energy Ltd (ASX:CRD) confirmed that the final investment decision (FID) for the Mako Field will ...

Posted on 02/02/2024

Crypto exchange set up by Three Arrows co-founders to shut down

OPNX, created for the trading of bankruptcy claims, will shut down after a little over a year in operation. Read more at straitstimes.com.

Posted on 02/02/2024

CapitaLand Ascendas REIT delivers DPU of 15.160 Singapore cents for FY2023

FY2023 net property income grew 5.6% year-on-year to S$1,023.2 million. This was underpinned by contributions from acquisitions completed ...

Posted on 02/02/2024

Singapore’s DBS to merge capital markets and brokerage with treasury markets

Singapore's largest lender DBS Group said on Friday it will merge its equity capital markets, brokerage and digital exchange with its existing treasury markets business, with the new group renamed ...

Posted on 02/02/2024

Singapore’s corporate tax takings in first 9 months of FY23 almost at full-year estimate

IN THE first nine months of the fiscal year, Singapore’s corporate income tax receipts have almost reached the full-year estimate, with overall operating revenue also ahead of the pace, data from the ...

Posted on 02/02/2024

Singapore court denies 3AC’s dismissal request in crypto lawsuit against DeFinance Capital

The High Court of Singapore has dismissed an application by the now-bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) to throw out a lawsuit ...

Posted on 02/02/2024

Rising concerns over crypto drainer attacks prompt Singaporean authorities to issue cybersecurity warning

Crypto drainers, also known as wallet drainers, have emerged as a concerning cybersecurity threat in the cryptocurrency ecosystem.

Posted on 02/02/2024

New Crypto Report by Seedly and Coinbase Reveals More Than 1 in 2 Singaporeans Own Cryptocurrency and Believe That It Is the Future of Finance

Seedly, a Singapore-born personal finance management solution platform and subsidiary of MoneyHero Group (Nasdaq: MNY) has published its The Pulse of Crypto in Singapore Report to unveil the views of ...

Posted on 02/02/2024

Singapore businesses could gain from China’s restructuring: DPM Heng

THERE are many opportunities for Singapore businesses today to benefit from China’s economic transition, said Deputy Prime Minister Heng Swee Keat at an event on Thursday (Feb 1). Read more at The ...

Posted on 01/02/2024

Crypto markets at the start of Feb 2024 – Will love and BTC age well?

As of the beginning of February 2024, the crypto market is experiencing fluctuations influenced by various factors. The U.S. Federal Reserve’s stance on interest rate hikes has played a pivotal role ...

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