The lowest 10 per cent in terms of household income saw the slowest average nominal income growth. Read more at straitstimes.com.
Hillhouse Investment acquires Singapore’s InCorp Global
InCorp said Hillhouse’s acquisition is a strategic move that will enable it to further accelerate growth. Read more at straitstimes.com.
Median monthly household income in Singapore above $10k in 2023, up 2.8% in real terms
The median monthly income from work for Singapore households was above $10,000 for the second year in a row in 2023.The median monthly income grew by 7.6 per cent in nominal terms from $10,099 in 2022 ...
Import of 3 LNG cargoes from Singaporean firms get cabinet body approval
Cabinet Committee on Government Purchase (CCGP) in a meeting on Wednesday approved three separate proposals to import three LNG (liquified natural gas) cargoes from Singapore-based companies.Finance ...
Deal signed to export DR Congo copper via US-backed corridor
Two firms, Singapore-based Trafigura and Canada's Ivanhoe Mines, signed a major deal on Wednesday to export copper along a US-backed rail route from the Democratic Republic of Congo. Ivanhoe Mines' ...
DBS leads STI up 1% as Singapore shares end Wednesday higher
A bumper profit at banking giant DBS helped propel the local market north on a day when other bourses in the region clocked in with mixed results. It also announced a one-for-10 bonus share issue and ...
Median monthly household income in Singapore above $10,000 in 2023 for second consecutive year
SINGAPORE: The median monthly income from work for Singapore households was above S$10,000 for the second year in a row in 2023.
Standardising food expiry date labels could result in extra costs, impact food imports
Use by” dates are for highly perishable food, while "best before" dates are for food items with longer shelf life. Read more at straitstimes.com.
Singapore bank DBS cuts CEO pay on digital disruptions despite record profit
DBS Group cut CEO Piyush Gupta's pay by S$4.1 million ($3.05 million), penalising him for last year's digital banking disruptions, even as Singapore's largest lender posted a record 2023 profit and ...
Google says Singapore has ‘very high’ potential to be a global AI hub
"In order for AI to really deliver on its potential, you need really good public and private partnerships," Caroline Yap of Google Cloud told CNBC.
Singapore bank DBS’ fourth-quarter net profit rises 2% on-year
SINGAPORE, Feb 7 (Reuters ... Media & Telecomcategory Alphabet is seeking outside investment for its GFiber internet business 5:36 AM UTC Commercial Strategycategory Gilead quarterly revenue drops 4%, ...
Singapore’s private economy expands
SINGAPORE: The seasonally adjusted S&P Global Singapore purchasing managers' index (PMI) posted 54.7 in January, down from 55.7 in December, marking the Singaporean private business condition ...
Crypto Exchange Launched By Three Arrows Capital Founders Abruptly Shuts Down
The crypto exchange created by the founders of the now-defunct hedge fund Three Arrows Capital (3AC) is closing down just a year after its launch.
Singapore widens legal net to counter financing of weapons of mass destruction
JEWELLERY dealers, pawnbrokers, moneylenders and law practitioners will now need to strengthen their internal controls and procedures to match international standards designed to prevent the financing ...
Innovation Unleashed: Funding the Future of Start-Ups in Singapore
In the bustling streets of Singapore’s entrepreneurial landscape, innovation stands as the heartbeat of progress. The Lion City, known for its dynamic economy, has become a hotbed for start-ups fueled ...
Singapore shares dip on US stock slump, STI sheds 0.3%
SINGAPORE - Shares in Singapore dipped on Feb 6, tracking losses in the United States. The benchmark Straits Times Index (STI) fell 0.3 per cent or 8.61 points to 3,125.68. Across the broader market, ...