What’s more, its over-the-counter foreign exchange business is on track to achieve an average daily volume of US$100 billion soon, with 1H FY2023 clocking up a volume of US$68 billion. The bourse ...
US chip giant opens $4bn Singapore plant
SINGAPORE: The world's third-largest contract semiconductor maker, GlobalFoundries, on Tuesday opened a $4-billion manufacturing plant in Singapore as part of a global expansion to help ease an ...
GlobalFoundries opens $4 bln Singapore chip fabrication plant
GlobalFoundries , the world's third-largest contract chipmaker, opened a $4 billion semiconductor fabrication plant in Singapore on Tuesday, as part of a major global manufacturing expansion.
GlobalFoundries opens US$4 billion expanded fabrication plant in Singapore
THE global demand for chips may have softened recently, but it is likely to rebound and continue its growth trajectory in the long-term with the growth of artificial intelligence and 5G technology, ...
Opportunities abound for Singapore firms in Africa as countries urbanise and go digital, but challenges remain
Trade between Singapore and Africa grew 15 per cent each year between 2019 and 2022, with Singapore companies investing over S$32 billion (US$23.5 billion) in the continent as of 2021.
UPDATE 1-GlobalFoundries opens $4 bln Singapore chip fabrication plant
GlobalFoundries, the world's third-largest contract chipmaker, opened a $4 billion semiconductor fabrication plant in Singapore on Tuesday, as part of a major global manufacturing expansion.The U.S ...
Former HSBC CFO Stevenson Resurfaces at Singapore Tech Investor
Former HSBC Holdings Plc Chief Financial Officer Ewen Stevenson is set to join a Singapore-based technology investor as its chairman, marking his first role since leaving Europe’s largest bank at the ...
NTU, NUS and Temasek to invest $75 mil to drive commercialisation of deep tech ventures
The Nanyang Technological University, Singapore (NTU), the National University of Singapore (NUS) and Temasek have signed a memorandum of understanding (MOU) to embark on a joint $75 million pilot ...
Standard Chartered-Backed Zodia Custody Now Available in Singapore
Zodia Custody, a cryptocurrency storage provider and a subsidiary of Standard Chartered, has launched in Singapore, to provide digital asset custody services for financial institutions.
More Singaporeans dealing with rising mortgage stress
In its annual financial wellness survey, OCBC Bank uncovered a trend of rising financial stress amongst Singaporeans. One of the key drivers for this increase in financial stress comes from their ... ( read original story ...)
Standard Chartered’s crypto custody arm Zodia launches in Singapore
Zodia Custody owned by Standard Chartered, announced Tuesday that it is launching its services in Singapore for financial institutions.
Singapore remains vibrant, competitive semiconductor hub despite challenges: DPM Wong
DPM was speaking at the opening of chip giant GlobalFoundries' expanded Singapore plant. Read more at straitstimes.com.
Singapore firms struggle to manage the risks of emerging technology
Yet, many recognise that the network can support cybersecurity effectiveness and support greater innovation: HPE Aruba Networking ...
GlobalFoundries opens $4 billion Singapore expansion fab to meet ‘demand for essential semiconductor chips’
GlobalFoundries expects its $4 billion expansion fabrication plant in Singapore to meet the "growth in demand for essential semiconductor chips." "Automotive seems to be staying strong. Cloud for ...
Money Talks – Is owning a second property in Singapore worth the cost?
Owning a second private property is an aspiration for many – as retirement income and investment. But with the new additional buyers’ stamp duty announced earlier this year, is two always better than ... ( read original story ...)
Fewer Singapore home buyers chasing condo ownership
SINGAPORE: There are fewer Housing Board (HDB) flat upgraders chasing the condominium dream after several rounds of property cooling measures. ( read original story ...)