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Posted on 02/10/2025

Foreign student whose bank account was used in fake SAF bulk order scams gets jail, in first such sentencing

SINGAPORE: A foreign student in need of money sold her bank account details. It was later used to funnel almost S$18,000 (US$13,980) in scam proceeds, with most of the money coming from a fake ...

Posted on 02/10/2025

Singapore Mint launches its first investment-grade gold bullion

The Lion Bullion is the first investment-grade gold bullion by the Singapore Mint, and can be purchased only through the institution. With regard to products stored in the mint’s vault, transactions ...

Posted on 02/10/2025

Exxon’s Job Cuts Hit Singapore With Around 500 Layoffs by 2027

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.

Posted on 01/10/2025

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.

Posted on 01/10/2025

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.

Posted on 01/10/2025

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.

Posted on 01/10/2025

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 ...

Posted on 01/10/2025

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.

Posted on 01/10/2025

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.

Posted on 01/10/2025

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.

Posted on 01/10/2025

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 ...

Posted on 01/10/2025

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.

Posted on 01/10/2025

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.

Posted on 01/10/2025

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 ...

Posted on 01/10/2025

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 ...

Posted on 01/10/2025

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 ...

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