Saudi Arabia’s Public Investment Fund emerged as the world’s most active sovereign investor last year, boosting its deal activity even as most global peers slashed spending.
Seatrium secures contract from Shell estimated at $400 million by DBS
The contract includes the installation of equipment provided by Shell and follows the LOI signed by both parties in August 2023.
Singapore’s Q4 GDP speeds up on firmer construction, manufacturing
Singapore's economy grew 2.8% in the fourth quarter year-on-year, preliminary government data showed on Tuesday, faster than some economists expected and helped by improvements in construction and manufacturing.
Singapore Economy Beats Expectations on Construction, Services
Singapore’s economy grew faster than expected in 2023, as year-end gains in manufacturing and construction coupled with relative strength in the services sector helped add momentum to activity.
Saudi Arabia tops sovereign wealth spending league with $31.5bn investment spree
Saudi Arabia’s sovereign wealth fund spent more than any other last year after splashing out $31.5bn (£24.7bn) on investments ranging from a stake in Heathrow to ownership of a US gaming company. The Kingdom’s Public Investment Fund (PIF) has topped an annual ranking of sovereign investment fund spending,
Lower borrowing costs in Singapore likely if the US Fed cuts rates in 2024
SINGAPORE – The United States Federal Reserve is expected to pivot towards interest rate cuts in 2024, a move that would bring relief to Singaporeans through lower mortgage rates, but also cut their ... ( read original story ...)
Four detained at Tuas Checkpoint over import of e-vaporisers
They had purchased the e-vaporisers from a shopping mall in Johor Bahru and tried to enter Singapore. Read more at straitstimes.com.
Comparing the Best Fibre Broadband Packages in Singapore – Singtel, Starhub, M1 and More
There are no less than six telcos providing home fibre broadband services in Singapore, but which one is the best?
Singapore in 2024: Key changes and events to look out for
Key events and changes include PM Lee Hsien Loong passing the baton and new train stations to be opened. Read more at straitstimes.com.
A retired banker in Singapore was looking for his next venture. He found it by reviving a dying trade: traditional coffee shops.
Killiney Kopitiam is one of Singapore's most successful coffeechains. Woon Tek Seng told BI kopi culture will keep flourishing.
Fun stuff, networking opportunities, and business events in SG for 1st week of Jan 2024
SINGAPORE: Now that 2024 has formally begun, it is time to pull out your new,... The post Fun stuff, networking opportunities, and business events in SG for 1st week of Jan 2024 appeared first on The ...
Singapore’s Zhong Bu to set up adhesive unit in T.N.
Zhong Bu to set up adhesive factory in Tamil Nadu's footwear park, part of India's Make-In-India policy & post-COVID China Plus One strategy.
Singapore equestrienne Caroline Chew looks forward to new Olympic campaign with new horse in new year
The 31-year-old is set to compete in Paris 2024, and was also the first Singaporean equestrienne to qualify for the Olympics in 2021. Read more at straitstimes.com.
HSBC France retail bank sold to US fund Cerberus
HSBC on Monday (Jan 1) transferred for an undisclosed amount its retail banking network in France to My Money Group, controlled by US private equity fund Cerberus. Read more at The Business Times.
Singapore plans sales tax hike amid likely social spending surge
SINGAPORE: As part of the city state's efforts to boost finances ahead of an expected surge in social spending due to a rapidly aging population, Singaporean households will face a sales tax hike that ...
Best free-flow brunch buffets in Singapore for all budgets
A scrumptious brunch is what many will crave for every weekend. If you too are craving a hearty brunch during the weekend, here are some of the best free-flow brunch buffets in Singapore that you can check out.