Singapore's tax authority has clarified that leveraged FCNR(B) deposit structures may attract withholding tax on loan interest, raising concerns over returns for NRIs.
Singapore’s Wave Films Taps Former Cambodian Broadcasting Chief Dave Ulmer To Drive U.S. Expansion
Production services outfit Wave Films has tapped Dave Ulmer, former CEO of Cambodian Broadcasting Service, as an Exec Producer based in Los Angeles.
Singapore’s first Concours d’Elegance brings rare vintage cars to IMBA this August
If you're the kind of person who slows down every time a vintage Ferrari drives past, here's one for you: a new Singapore car show is bringing together some of the world's rarest classics, and you'll ...
S’pore banks using AI agents to vet private banking clients, speed up onboarding
Discover how agentic AI is revolutionising banking compliance and customer onboarding, speeding up processes while maintaining regulatory standards. Read more at straitstimes.com. Read more at ...
Hongkong Land To Acquire Singapore’s Wheelock Place From Wharf For $900 Million
The deal marks the first purchase for Hongkong Land’s Singapore Central Private Real Estate Fund, lifting the fund’s assets under management to $7.3 billion. ( read original story ...)
Asian property giant Hongkong Land to acquire Singapore’s 21-story building for $900M
Hongkong Land, one of Asia's largest commercial property owners, will acquire Singapore’s Wheelock Place, a mix-used property, for about SGD1.1 billion (US$900 million). ( read original story ...)
Singapore employment grows in Q2 despite global uncertainty, even as retrenchments rise
Unemployment rates remained low and broadly stable, said the Manpower Ministry in an advance release of its quarterly labour force report.
This free night-time light trail in Bras Basah-Bugis transforms Singapore’s myths into interactive art
The free night-time experience that runs from Aug 1 to Sep 5 features five light installations inspired by Singapore's myths, folklore, legends and everyday superstitions.
Singapore adds more jobs in Q2 even as retrenchments rose
Discover the latest Singapore labour market data showing a rise in retrenchments alongside job growth in the second quarter of 2026. Read more at straitstimes.com. Read more at straitstimes.com.
Citi downgrades OCBC to ‘neutral’ despite expecting 2QFY2026 to come ahead of expectations
Citi Research’s Tan Yong Hong has downgraded Oversea-Chinese Banking Corporation (OCBC) to “neutral” despite expecting the bank’s 2QFY2026 results to beat expectations.
DBS COO’s most important tip for AI transformation: Lead with ‘why’
In executing the bank’s artificial intelligence strategy, Derrick Goh sees his role as a ‘midfielder’ Read more at The Business Times.
Catalan leader looks to Singapore’s housing model as he deepens Asia ties
Catalan President Salvador Illa says Singapore's public housing model offers lessons for Europe, as he seeks closer economic cooperation in logistics, technology, agri-food and air connectivity.
FCNR(B) hurdle: Singapore holds ground on withholding tax
Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basis would erase effective returns. Where spreads are thin and ...
French student pleads guilty and is fined for a straw-licking stunt in Singapore
Didier Gaspard Owen Maximilien, 19, admitted to licking the straw and returning it to a vending machine in what lawyers described as a social media stunt.
Singapore fines French teen $465 for viral straw-licking stunt
The 19-year-old was "truly sorry" for causing trouble, his lawyers said.
Singapore’s IPOs are returning – but why are so many trading below their offer prices?
Analysts explain the roles played by valuation, share allocation and price discovery. Read more at straitstimes.com. Read more at straitstimes.com.