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Posted on 28/02/2024

Singapore does not need further GST increases up to 2030 as ‘we’re in a sound position’: DPM Wong

There will be no further increases in the Goods and Services Tax (GST) up to year 2030, said Deputy Prime Minister Lawrence Wong in Parliament today (Feb 28) as he wrapped up the debate on his Budget ...

Posted on 28/02/2024

Singapore businesses ‘jump on bandwagon’ as Taylor Swift mania hits crescendo ahead of Eras shows

From bracelet-making workshops to singalong events, Singapore business owners are cashing in on the staggering economic benefits of Swift’s Eras Tour, which is the first to gross more than US$1 ...

Posted on 28/02/2024

More Singapore businesses will have to report sustainability information, starting with listed firms in 2025

Singapore will require all listed firms to make climate-related disclosures from financial year 2025, followed by large non-listed firms two years later.

Posted on 28/02/2024

Singapore-registered firm accused of swindling $1.2b from 26,000 people in Japan’s largest scam

Sky Premium was billed as Singapore's first invitation-only “exclusive privileges club”. Read more at straitstimes.com.

Posted on 28/02/2024

Adani Group holds Singapore meet for first dollar bond

For the first time since the Hindenburg crisis, the Adani Group met with investors in Singapore, marketing an overseas bond to bolster investor confidence around its businesses before fresh bond sales ...

Posted on 28/02/2024

Committee of Supply 2024 debate, Day 1: Lim Wee Kiak on decarbonisation and green finance

As a small island state, Singapore is highly vulnerable to the effects of climate change. How is Singapore keeping pace with emerging decarbonisation pathways? How can Singapore further engage the ...

Posted on 28/02/2024

Ko Jin-young looks to go three in a row at HSBC Women’s World Championship

Ko, 28, won back-to-back titles in 2022 and 2023 to become the second golfer in tournament history to win the event twice after Korean golf legend and LPGA Hall of Famer Park In-bee.   The ...

Posted on 28/02/2024

Woman charged after allegedly misappropriating $5.6m from crypto exchange to buy luxury car, goods

Singaporean Ho Kai Xin, who was ordered by the High Court in July 2023 in civil proceedings to pay back the stolen sums to ByBit Fintech, had purportedly used the funds to buy a $362,000 Mercedes car ...

Posted on 28/02/2024

Singapore must transform to meet ‘very ambitious’ productivity targets, achieve real growth: Lawrence Wong

This requires continual transformation, he said: Firms must learn new ways to do business, workers must learn new skills and embrace new technologies, and new sectors must replace declining industries ...

Posted on 28/02/2024

Singapore’s OCBC Q4 profit misses expectations, sees softer 2024 margins

Singapore's Oversea-Chinese Banking Corp (OCBC) expected a drop in 2024's net interest margin (NIM), a key profitability gauge, after posting a 12% jump in fourth-quarter net profit that missed ...

Posted on 28/02/2024

Singapore’s first execution for murder since 2019: Bangladeshi man who killed ex-fiancee in Geylang hotel

A man who strangled his former fiancee in a budget hotel in Geylang in 2018 was hanged on Feb 28.The Singapore Police Force (SPF) said the capital sentence was carried out on Bangladeshi national ...

Posted on 28/02/2024

Singapore entrepreneur sold family home twice to fund startups, and gave up S$750,000 annual salary

Biotech entrepreneur Steven Fang sold his family home twice to fuel his startup ventures, including Invitrocue, which he is now growing. After experiencing the loss of a dear friend to lung cancer and ...

Posted on 28/02/2024

Glencore eyes Shell Singapore assets as CNOOC pulls out, sources say

SINGAPORE - Swiss miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after earlier ...

Posted on 28/02/2024

UPDATE 2-Olam Group’s Singapore-Saudi dual IPO plan for agricultural unit delayed again

Saudi IPO to not happen in H1 2024*Annual operational PATMI dips 41%*Declares final dividend 4 Singapore cents per share(Adds background in paragraphs 2-3, details in paragraphs 5 and 8)Feb 28 ...

Posted on 28/02/2024

Singapore shares dip on Wednesday morning—STI fell by 0.3%

SINGAPORE: Singapore shares dipped on Wednesday morning ... Banking stocks exhibited a mixed trend in the early morning session. DBS experienced a slight decline of 0.2%, dropping S$0.05 to S$33.45.

Posted on 28/02/2024

Woman accused of pocketing US$4.2 million from crypto firm charged with cheating and other offences

A pair of slippers, a bag, a car and a pair of sunglasses were seized as proceeds of crime. (Photos: Singapore Police Force) SINGAPORE: A woman who handled the payroll for a cryptocurrency exchange ...

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