SINGAPORE – Swedish home appliances maker Electrolux will be shutting its regional headquarters in Singapore by May, potentially affecting around 100 to 200 employees, The Straits Times has learnt.
Tycoon Wee Cho Yaw’s UOL Submits Top Bid For Prime Singapore Site
Billionaire Wee Cho Yaw's UOL Group and its unit Singapore Land submitted the top bid of $320 million for a prime residential plot in the Orchard Road shopping belt.
Singapore Savings Bond: Latest interest rate and guide to investing (February 2024)
TheMonetary Authority of Singapore (MAS) has released information on the Singapore Savings Bond (SSB) latest tranche which has a total average return per year of 2.81 per cent with a first-year ...
Social media penetration rate in Singapore 2019-2028
Learn more about how Statista can support your business. Request webinar Statista. (January 26, 2024). Social media penetration rate in Singapore 2019-2028 [Graph]. In Statista. Retrieved January ...
5 S’porean millennials share personal finance tips for Gen Zs who are entering the workforce
Finishing school and entering the workforce is a significant milestone for most young Singaporeans. Apart from being able to earn your own keep, starting work is also one of the many markers of ...
S$400,000 confiscated from moneychanger who did not declare full sum of almost S$2m when entering Singapore
Bryan Woo Kah Hou submitted two declaration forms to ICA about the cash he was carrying but did not reveal the full sum each time.
Crypto exchange set up by Three Arrows co-founders to shut down
OPNX, created for the trading of bankruptcy claims, will shut down after a little over a year in operation. Read more at straitstimes.com.
CapitaLand Ascendas REIT delivers DPU of 15.160 Singapore cents for FY2023
FY2023 net property income grew 5.6% year-on-year to S$1,023.2 million. This was underpinned by contributions from acquisitions completed ...
Singapore’s DBS to merge capital markets and brokerage with treasury markets
Singapore's largest lender DBS Group said on Friday it will merge its equity capital markets, brokerage and digital exchange with its existing treasury markets business, with the new group renamed ...
Singapore’s tourism sector expected to improve, but still short of pre-COVID levels | Video
The recovery of Singapore's tourism sector is expected to continue but numbers will fall short of pre-pandemic levels, said the Singapore Tourism Board. Visitor arrivals for 2024 are forecast to reach ...
Banking giant UBS considering cutting 90 jobs mostly in Singapore and China
The jobs to be eliminated may include about 25 relationship managers and supporting roles in the investment and solutions teams ...
CapitaLand Ascott Trust to sell Citadines property for $148 million
Citadines Mount Sophia Singapore is being sold at 19.4 per cent above its book value as at end-2023. Read more at straitstimes.com. ( read original story ...)
UOB, China trade body renew partnership to boost Sino-Asean investment, trade flows
LOCAL bank UOB and the China Council for the Promotion of International Trade (CCPIT) on Wednesday (Jan 31) inked an enhanced memorandum of understanding to boost foreign investment and trade flows ...
Singapore’s DBS to merge capital markets, brokerage with treasury markets
Singapore's largest lender DBS Group said on Friday it will merge its equity capital markets, brokerage and digital exchange with its existing treasury markets business, with the new group renamed global financial markets effective March 1.
Spanish Galleons in Singapore Tell Powerful Trade Story
Don’t fret about the fragmentation of the world economy. Trade routes have had their ups and downs for centuries.
CLAS divests Citadines Mount Sophia Singapore for $148 mil
“We are divesting Citadines Mount Sophia Singapore at close to $1 million per key, which is a significant premium to book value. Including Citadines Mount Sophia Singapore, CLAS has announced divestments of $408.1 million of assets at a premium to book value in the last eight months,” says Serena Teo, CEO of the managers.