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Posted on 22/03/2025

Singapore businesses struggle to reskill workforce amid AI transformation

SINGAPORE: Singapore businesses are facing a pressing challenge—not a lack of talent, but the ability to reskill employees quickly enough to keep pace with ev ...

Posted on 22/03/2025

Singapore Airlines cancels flights to and from London’s Heathrow after airport closure

SINGAPORE: Singapore Airlines (SIA) has cancelled several flights to and from London's Heathrow Airport, which will be closed all day on Friday (Mar 21) after a large fire at an electricity substation ...

Posted on 22/03/2025

5 Singapore Companies Boasting Dividend Yields of 4.8% or Higher

Here are five stocks with attractive dividend yields that income investors will relish. The post 5 Singapore Companies Boasting Dividend Yields of 4.8% or Higher appeared first on The Smart Investor.

Posted on 22/03/2025

Rain check: Monsoon soaks Singapore, disrupts travel, business and leisure

A relentless monsoon surge has drenched Singapore since Wednesday, bringing widespread disruptions to businesses, outdoor activities, and travel. According to The Straits Times (ST), the heavy ...

Posted on 22/03/2025

State of independence: How Singapore grew into a global maritime powerhouse

Singapore will mark 60 years of independence on 9 August, a journey that has transformed it from a colonial trading port into a global economic powerhouse. This evolution is also mirrored in the ...

Posted on 21/03/2025

UOB CEO Wee Ee Cheong’s 2024 pay down 5.7% at S$15 million despite record net profit

SINGAPORE] UOB chief executive officer Wee Ee Cheong’s annual salary for 2024 dipped, despite the bank reporting a record net profit for the full year. Read more at The Business Times.

Posted on 21/03/2025

Singapore shares end Friday in the red as trade war fears escalate; STI down 0.1%

Investors opted for a defensive stance and nudged the Straits Times Index (STI) down 0.1 per cent or 4.04 points to 3,926.45 while losers outpaced gainers 284 to 234 on trade of 1.3 billion securities ...

Posted on 21/03/2025

Majority of Chocolate Finance withdrawal requests have been fulfilled, says fund manager

SINGAPORE] As at Friday (Mar 21), all redemption requests that Chocolate Finance received between Mar 10 and the 1 pm cut-off on Mar 18 have been successfully paid out, said the wealth investment firm ...

Posted on 21/03/2025

UOB, one of eight TNFD adopters in S’pore, identities nature-related risks in 2024 sustainability report

UOB estimates that 60% of its $58.0 billion sustainable financing portfolio falls within the “climate-nature nexus”, an overlap between climate and nature.

Posted on 21/03/2025

UOB CEO Wee Ee Cheong’s FY2024 pay trimmed by 6% y-o-y to $15 mil despite record earnings

Wee’s basic salary rose from $1.2 million in FY2023 to $1.44 million in FY2024, although his bonus fell to $13.56 million in FY2024 from $14.69 million the year before.

Posted on 21/03/2025

Man admits to roping in others to open bank accounts that received over $1.3m in scam proceeds

Three of the four men have pleaded guilty and they will be sentenced on March 26. Read more at straitstimes.com.

Posted on 21/03/2025

Chocolate Finance says all withdrawals paid out; future requests to take three to six business days

The firm said that it is unable to commit to a timeline for the resumption of instant withdrawals. Read more at straitstimes.com.

Posted on 21/03/2025

Citi Private Bank Launches Philanthropy Advisory Solutions in Asia

Citi Private Bank announces the launch of new philanthropy advisory solutions in Asia, beginning with Singapore. These solutions, led by the bank's Global Family Office Group, complement existing ...

Posted on 21/03/2025

Two men fined more than S$1mil each for skirting duties on 15,820 bottles of alcohol

SINGAPORE: Two men schemed to avoid the payment of duties on alcohol meant for export by removing some bottles from shipping containers and replacing them with cheaper beer.

Posted on 21/03/2025

Singapore oil trader jailed for facilitating commercial fuel export to North Korea

The oil broker, Justin Low Eng Yeow, later agreed to help procure gasoil, a type of commercial fuel, for another client in a deal that Kwek Kee Seng, the ship agent, had brokered. Both Low, 56, and ...

Posted on 21/03/2025

RRP Electronics to buy silicon wafer line from Singapore’s PTW

RRP Electronics to acquire silicon wafer line from PTW, aiming to establish India's first major wafer producing plant.

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