Exxon Mobil Corp.’s planned global job cuts will affect as much as 15% of its Singapore workforce by the end of 2027, according to a statement from the company.
More companies to IPO in Singapore as confidence, liquidity grows, market insiders say
Four preliminary prospectuses were lodged with the SGX since Monday, following two listings in September. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore court rejects US$2.7 billion 1MDB-linked suit against Standard Chartered, BSI
The judge dismissed the liquidators’ suit as the alleged transactions happened before Singapore’s cross-border insolvency law took effect.
ExxonMobil to cut up to 500 Singapore employees by end-2027 as part of global restructuring
The company also plans to exit its HarbourFront office and move all employees to the newly expanded Jurong Refinery by 2027 Read more at The Business Times.
F1 Singapore GP: Five things to watch out for
Formula 1 takes to the streets of Singapore this weekend, so here are five things that you should watch out for ...
Simba, M1 to retain popular $10 and $12 mobile plans, current prices after proposed merger
IMDA is also asking if the industry and the public have any concerns over the proposed merger. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore overtakes London in ranking of top 20 IPO markets
Singapore jumped to 9th place with US$1.44 billion raised, driven by property trust listings. Read more at straitstimes.com. Read more at straitstimes.com.
DBS, UOB, OCBC lead dividend growth as Singapore companies pay out US$8.2 billion in H1
DBS was among the top 13 banking contributors to H1 dividend growth, says Capital Group Read more at The Business Times.
The Global Crypto Industry Convenes: TOKEN2049 Singapore 2025 Sells Out as the World’s Largest Industry Gathering
The world’s largest crypto gathering begins today in Singapore, bringing together 25,000 attendees, 500+ exhibitors, and 1,000 side-events for the most important week on the ...
Singapore dollar-backed stablecoin XSGD launches on Coinbase amid rising crypto adoption
Separately, XSGD is the basis for Singapore’s first stablecoin scan-to-pay service, OKX Pay, that was also launched this week.
Singapore’s Token2049, world’s biggest crypto event, draws 250,000 amid US policy shift
Crypto enthusiasts from around the globe descend on the city state, preaching a future where blockchain-based technology dominates.
Exxon expects cut of 10% to 15% in Singapore workforce by end-2027
Exxon Mobil Corp expects to cut staff numbers in Singapore by 10% to 15% and move its office to its Jurong plant on the island by the end of 2027, the company said on Wednesday, in a global ...
What is the schedule, weather forecast and TV info for the F1 Singapore GP?
Singapore joined the F1 calendar in 2008 and has remained ever since, apart from the COVID-affected seasons in 2020 and 2021. The race has always been held at Marina Bay Street Circuit and the first ...
CICT overtakes Hong Kong’s Link Reit to become Asia’s largest real estate investment trust
A main factor behind this is the strength of the Singapore dollar, which has gained 5.4% against the greenback so far this year, while the Hong Kong dollar has fallen 0.2% Read more at The Business ...
Khazanah’s chief investment officer urges investors to ‘co-parent’ Asian firms amid weak returns
He says public market investors can play a more active role, while private equity can acquire underperforming assets Read more at The Business Times.
World Liberty Financial to launch debit card as early as this year
World Liberty Financial, a crypto venture backed by the family of U.S. President Donald Trump, plans to launch a debit card that would "bridge crypto assets with everyday spending", its CEO Zach ...