The global tourism space is transforming and STB's CTO Wong Ming Fai shares some of the latest trends in the market.
Business leaders in manufacturing awarded national honours for contributions to Singapore
PRESIDENT Tharman Shanmugaratnam has conferred national awards on three business leaders from the manufacturing sector for their significant contributions to Singapore, the Singapore Economic ...
Singapore shares rise on lower US inflation, rate-cut possibility; STI up 0.5%
SINGAPORE shares ended higher on Thursday (Jun 13), as markets were encouraged by easing US Consumer Price Index (CPI) figures and the possibility of more interest-rate cuts by the US Federal Reserve.
Singapore stocks open higher again on Thursday—STI rose by 0.6%
SINGAPORE: Singapore stocks opened higher again on Thursday, June 13, following a strong global sentiment after US consumer prices remained steady in May. The Straits Times Index (STI) rose by 0.6%, ...
ETFs, new investment products and a Big Bang IPO
Whatever the case, ETFs are only an intermediate step to attracting more liquidity to the local market. Moreover, ETF issuers like OCBC Securities, Lion Global and Nikko Asset Management have gained a ...
Standard Chartered sets up first global fund management unit in Singapore
The platform aims to set up a series of funds focused on a long-term strategic asset allocation as part of a client’s foundation portfolio. To deliver unique and hard-to-access strategies, Standard ...
Crypto Sector Ruffled by Slump in Curve Finance Exchange’s Token
The native token of Curve Finance, one of the cryptocurrency sector’s top decentralized exchanges, has tumbled to an all-time low.
Singapore’s H2 recovery hinges on external factors: UOB
Singapore’s economy could stage a meaningful recovery in the second half should the US Federal Reserve start its rate cut cycle, according to UOB.
DBS targeting to grow wealth management assets to S$500 billion within next 2 years
SINGAPORE: DBS Group has set an ambitious goal to increase its wealth management assets to... The post DBS targeting to grow wealth management assets to S$500 billion within next 2 years appeared firs ...
George Yeo raises stakes in Creative Technology and Wilmar International; SGX buys back shares
Former minister George Yeo bought shares at two listed companies where he serves as their respective independent directors. On June 7, Yeo acquired 200,000 Wilmar International F34 - ...
Siltronic Opens $2.2 Billion Wafer Fab In Singapore Amid Booming Chip Demand
Germany's Siltronic has opened a $2.2 billion wafer factory in Singapore as demand for chips used in mobile devices, electric vehicles and data centers increases.
Singapore wants to revive its stock market. Could major Asian markets have the answers?
Could Singapore take lessons from Japan and South Korea’s value up programs to make its exchange more attractive? Analysts weigh in.
Singapore Port Container Logjam Worsens as Ships Avoid Red Sea
Singapore’s port, already one of the busiest in the world, is facing a sustained period of congestion as vessel diversions to avoid the Red Sea push more container ships to the Asian maritime hub.
Man, 46, to be charged for stealing, damaging carpark facilities in Singapore
SINGAPORE - A 46-year-old man who allegedly stole a carpark’s gantry barrier arms and caused damage to a building management’s wheel clamps has been arrested, the police said ...
Singapore aims to better manage electricity supply with enhanced energy management system
The new system uses sensors, satellite imagery and machine learning to forecast sunlight levels an hour ahead at greater accuracy than ever before.
Container prices surge 26%; some lines shifting transshipment from Singapore to regional ports amid congestion
THE average shipping container prices in Singapore has increased by 26 per cent from October 2023 to May 2024, reflecting a “substantial increase” in demand for capacity amid global port congestion.