Positioned at the heart of the dynamic and vibrant region of Southeast Asia, Singapore is not only the freight hub for Asia but for the world. But that's not the end of this story. Its focus
OCBC and SIA: SGX Banking Shares for Steady Dividend Income
SGX-listed Oversea-Chinese Banking Corp. Ltd., or OCBC (SG:O39), and Singapore Airlines Limited, or SIA (SG:C6L), are popular stocks in the market known for their steady dividend income. These stocks ...
Singapore Accelerates Digital Asset Licensing in Global Fintech Race
As the sun sets over Singapore's glittering skyline, an unseen race is being waged. Not on the city's bustling streets or in its high-tech offices, but in the ether of digital space where ...
Analysts mixed on UOB’s outlook after 3QFY2023 results
OCBC Investment Research’s Carmen Lee has also kept her “buy” call on UOB with an unchanged target price of $32.50 after the bank’s 3QFY2023 earnings were in line with her expectations. The analyst is ...
UOB makes steady progress on net zero commitment
UOB today released its first net zero progress report on its commitment to reach net zero by 2050, as it makes positive headway in meeting the targets set for its focus sectors.
DBS upgrades OUE Commercial REIT to ‘buy’ as hospitality sector recovers ahead of expectations
The REIT’s asset enhancement initiative (AEI) at Crown Plaza Changi Airport, which is slated to be completed by December 2023, is expected to attract more travellers in 2024 and beyond.
Singapore exports fall for 12th month in Sept but recovery seen
SINGAPORE: Singapore's exports fell for a 12th straight month in September on a year-on-year basis as the trade-reliant economy grappled again with global headwinds on inflation and declining demand. Singapore's non-oil domestic exports (NODX) fell 13.2% ...
Sarawak gets nod for undersea power cable project to Singapore
Sarawak premier Abang Johari Openg says the cables, which will pass through Indonesian territory, will enable Sarawak to export up to 1,000MW of electricity.
Why The Next Blockbuster Therapy May Come Out Of Singapore
Singapore's recruitment of talent, billions in investment, top universities, and attraction of venture capital makes it an exciting emerging hub for biotech innovation.
Bernard Arnault-backed Singapore Spac nears merger with Kacific: sources
A SINGAPORE blank-cheque company backed by asset manager Tikehau Capital and a group of prominent European financiers is nearing an agreement on a merger with satellite Internet provider Kacific ...
Singapore Partner with Japan, Switzerland, UK Regulators for Joint Crypto Pilots
Singapores central bank is reportedly planning to establish crypto-related cooperation with Japan and some European nations. Thus, it has teamed up with the monetary authorities in Switzerland, Japan, ...
What is Halal Investment? A Guide to Singapore’s Buzzing Islamic Finance Scene
As the financial hub of Southeast Asia, Singapore’s constantly making strides in different arenas. This time round, our eyes are on Halal investing. At its core, Halal investing is more than just a ...
Taxation of Foreign Sourced Income in Singapore Effective January 2024
Singapore will begin taxing foreign-sourced disposable gains from January 1, 2024, with Parliament approving the amendments to the country’s Income Tax Act.
Exclusive: China’s CNOOC, two chemical firms looking at Shell Singapore assets – sources
At least three Chinese companies including state giant China National Offshore Oil Company (CNOOC) are evaluating Shell's Singapore assets and considering non-binding bids in coming weeks for the city ...
Singapore defense minister calls on China to take the lead in reducing regional tensions
Singapore's defense minister has urged China as a dominant power in Asia to take the lead in reducing tensions in the region, warning that a military conflict like the one in Ukraine or the ...
Korea Investment Partners is the latest Korean VC firm to launch a Southeast Asia fund
More South Korean investors are putting money into Southeast Korea startups, creating an “investment corridor” between the two regions. Short for Korea Investment Partners Southeast Asia, KIPSEA has a ...