Singapore’s sovereign wealth fund GIC Pte has pulled cash from Jain Global, roughly 18 months after backing one of the biggest startups in hedge fund history.
Gold proxies gain on soaring prices, but ‘be prudent, earnings matter!’ reminds OCBC
With gold prices remaining well-supported by central bank buying and geopolitical tensions, this results in a “conducive environment” supportive of the pawnbroking business, notes OCBC's Carmen Lee.
Singapore and NZ agree on digital certification system for food and primary exports
New Zealand and Singapore have signed a new electronic certification arrangement to streamline trade in food and primary products, a senior New ...
Property flyers distributed to HDB homes must not be left visible from Apr 1
Under a new agreement, agents from five major real estate firms will face consequences for leaving property flyers visible to members of the public in HDB estates. ( read original story ...)
Singapore’s Big Five real estate agencies to crack down on improper distribution of property fliers
Singapore's top five real estate agencies implement new guidelines to tackle improper distribution of property fliers in HDB estates. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore light distillates stocks hit over 3-yr high on robust imports
Singapore light distillate stocks swelled to the highest level since July 2022 this week amid high supplies of naphtha and gasoline while demand for both products was lower-than-expected.
New growth capital work group set up in Singapore to support firms from start-up to IPO
It will explore measures to strengthen venture capital, private equity and securitised assets. Read more at straitstimes.com. Read more at straitstimes.com.
Why Singapore’s prime minister gave DBS and Grab a shout-out during the country’s budget speech
Lawerence Wong called on Singapore's companies to adopt AI “comprehensively”, and described DBS and Grab as firms "moving decisively on AI transformation." ...
Trade bellwether Singapore says global ‘fragility’ will hit economy
As one of the world’s most outwardly facing economies, Singapore is especially susceptible to disruption to global trade. The finance, commerce and shipping hub acts as a vital conduit, connecting ...
Burning smell across Singapore may be due to ‘mixture of gases’ from region’s peatland, vegetation fires: NEA
SINGAPORE: The National Environment Agency (NEA) said that the burning smell detected across many parts of Singapore on Friday (Feb 13) could be attributed to the release of a "complex mixture of ...
Singapore’s Big Five real estate agencies to crack down on improper distribution of property flyers
The agencies acknowledged the need to minimise the disamenities caused by improperly-left flyers. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)
Singapore’s car tax revenue now so high it exceeds Fiji’s GDP
The Singapore government reaped billions of dollars more in vehicle quota premiums and car taxes than it projected as the cost of driving reached record highs in the city-state.
New growth capital workgroup set up in Singapore to support firms from start-up to IPO
It will explore measures to strengthen venture capital, private equity and securitised assets. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore could experience haze in the weeks ahead
If you're outside and not smelling the haze, breathe in deep - you may just end up missing the fresh air in the coming weeks, as Minister for Sustainability and the Environment Grace Fu warned in ...
HSBC Group COO Suzy White Joins HSBC Singapore Board
HSBC Singapore has appointed Suzy White to its board, the bank announced. White is currently Group Chief Operating Officer of HSBC. She has spent 25 years with the bank in senior leadership roles ...
DBS launches free online remittance service to popular Chinese e-wallet Weixin Pay
DBS Bank customers can now use their digital banking accounts to transfer money to friends and family with Weixin Pay accounts, a popular e-wallet used in China also known as WeChat Pay.