MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according to a source familiar with the matter, marking the largest such ...
Tax incentives may be used to help revive market
SINGAPORE: A Singapore government-led review group is proposing incentives to revitalise the stock market, the first steps taken in a market plagued by low liquidity and a dearth of new listings.
OCBC Bank upbeat on JS-SEZ as a resilient investment destination
Bhd is optimistic about the significant potential of the Johor-Singapore Special Economic Zone (JS-SEZ) amid ongoing global economic uncertainties, which include the tariff impositions by the United ...
DBS punches above $46 to record high but SGX slides; Temasek units make bid for Paragon mall
Other market movers last week include Seatrium, ST Engineering and Yangzijiang Financial. Read more at straitstimes.com.
Business sentiment improves in 2024 despite ongoing challenges—UOB
SINGAPORE: Business sentiment in Singapore saw a notable improvement in 2024, with 80% of businesses reporting a somewhat or very positive outlook, according to a recent report by UOB. This marks a 5% ...
Businesses demand bold moves in Singapore’s 2025 budget; half push for inflation relief and digital adoption boost
SINGAPORE: As Singapore prepares to unveil its budget for 2025, a new survey by United Overseas Bank (UOB) featured in the latest Singapore Business Review report highlights growing business ...
Singapore’s 2035 climate target: A commitment to act now despite waning global interest
It pledges to reduce emissions to between 45 million tonnes and 50 million tonnes by 2035. Read more at straitstimes.com.
Best fixed deposit rates in Singapore (February 2025): Minimum deposits from $500, rates up to 2.90%
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
SGX falls 5.8% as initial MAS review group proposals dampen earlier optimism; Citi downgrades stock to ‘sell’
SHARES of Singapore Exchange (SGX) fell as much as 6.3 per cent or S$0.85 to S$12.62 on Friday (Feb 14) as investors were less than impressed with the initial proposals to revive the equities market.
With ‘ample’ fiscal ammo, HSBC expects ‘generous’ Budget 2025
Apart from fiscal policy, HSBC expects the Monetary Authority of Singapore (MAS) to remain on pause for the remainder of 2025. “However, if downside risks to growth were to intensify given the tariff ...
Coldplay ‘Man in the Moon’ puts Singapore on the tourism map again but growth might slow this year, economists warn
Singapore reported better-than-expected 2024 GDP growth but given looming uncertainties, economists have kept their 2025 forecasts flagging slower growth this year. In 4Q 2024, Singapore's GDP grew 5%, bringing 2024 growth to 4.4%, a significant jump over 2023's 1.8%. However, growth was uneven, even within specific industries.
HSBC hires ex-BNP banker Sun as head of debt markets for Asia
HSBC Holdings hired former BNP Paribas banker George Sun as head of global debt markets for Asia, attracting an outsider even as the bank undergoes a restructuring. Read more at The Business Times.
SGX shares fall 5.8% a day after first proposed measures to boost stock market unveiled
While noting that further measures to revive the exchange have yet to be announced, Citi analyst Tan Yong Hong in a Feb 13 report nevertheless downgraded his 12-month share price target for the SGX by ...
Resurgence of fake sites, posts on govt payouts that phish for victims’ bank details: Police
Victims are misled into giving personal details to claim CDC vouchers or Assurance Package payouts. Read more at straitstimes.com.
Singapore’s 2024 GDP grows by 4.4%, better than advance estimates of 4%
SINGAPORE’S economy grew 4.4 per cent in 2024, more than the advance estimate of 4 per cent, data from the Ministry of Trade and Industry (MTI) showed on Friday (Feb 14). Read more at The Business ...
SGX falls 6% as initial MAS review group proposals dampen earlier optimism; Citi downgrades to ‘sell’
CITI Research has downgraded its call on the Singapore Exchange (SGX) to “sell”, and revised its target price to S$11.90, as it expects the recent optimism priced into the counter’s valuation to ...