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Posted on 21/02/2025

PhonePe starts its IPO process two years after moving its main office to India from Singapore

P honePe, a prominent player in digital payments, has announced its initiation of the process for a potential public listing on the Indian stock exchanges, as stated in a release ...

Posted on 21/02/2025

BUDGET 2025: S-REIT tax breaks extended, but immediate gains remain limited

The extension of the 10% final withholding tax rate is expected to encourage broader investor participation in S-REIT ETFs. The Singapore government has extended the income tax exemption on ...

Posted on 21/02/2025

Singapore’s leader of the opposition is convicted of lying

O n February 17th Pritam Singh, the leader of Singapore’s opposition, was convicted of “wilfully” lying twice to a privileges committee in 2021 and hit with the maximum fine of S$7,000 ($5,200) on ...

Posted on 20/02/2025

BUDGET 2025: R&D investments critical, but SME access remains uncertain

It also aims to foster the development of new capabilities, supporting industry transformation whilst creating better jobs. The Singapore government has announced an additional $3b top-up to the ...

Posted on 20/02/2025

Singapore Land JV, China Jinmao wins Shanghai residential bid for $1.23 billion

A joint venture between Singapore Land, UOL Group among others and China Jinmao Holdings has won the bid for the development of a residential site in Shanghai, the Singapore-listed companies said on ... ( read original story ...)

Posted on 20/02/2025

Singapore’s Wilmar misses full-year profit view, flags palm oil refining headwinds

Singaporean food conglomerate Wilmar International reported a bigger-than-expected fall in full-year core net profit on Thursday and flagged challenging conditions for its palm oil refining segment in ...

Posted on 20/02/2025

Singapore Airlines reports record quarterly revenue

Singapore Airlines on Thursday reported a record quarterly revenue stemming from robust demand for air travel at the end of last year, but said its capacity expansion outstripped passenger growth, ...

Posted on 20/02/2025

S’pore’s Budget surplus derived from COE premiums, personal income tax & state investment returns

NIRC represents as much as half of the net investment income and up to half of the long term expected real returns of Temasek, GIC and the Monetary Authority of Singapore. Personal income tax ...

Posted on 20/02/2025

Man to be charged over receiving scam proceeds and converting them into crypto

The man received more than $44,000 across seven transactions in the same bank accounts, which he then converted into Bitcoin or BTC, the world’s largest cryptocurrency. He then also transferred the ...

Posted on 20/02/2025

Nearly 10 years’ jail for woman who committed cheating linked to over $5.7m of mostly crypto funds

Ho Kai Xin used her ill-gotten gains to live a lavish lifestyle, including placing a down payment for a penthouse. Read more at straitstimes.com.

Posted on 20/02/2025

Genting Singapore posts 34% fall in H2 net profit to S$222 million

GENTING Singapore posted a 34 per cent fall in net profit to S$222 million for the half year ended Dec 31, 2024, from S$334.9 million in the corresponding year-ago period. Read more at The Business ...

Posted on 20/02/2025

Singapore’s Wilmar International posts 23% fall in annual profit

Singapore-listed agribusiness firm Wilmar International reported a 23.3% fall in full-year core net profit on Thursday, hurt by weak performance from its plantation and sugar milling as well as feed ...

Posted on 20/02/2025

Singapore: Stove flare-up startles home cook in Singapore

On October 14, 2024, in Singapore, @kristina_na70 shared a video of a slight accident while cooking. In the video, the author attempts to turn on the stove when a sudden burst of fire flares up from ...

Posted on 20/02/2025

Singapore Airlines’ third-quarter profit more than doubles

Singapore Airlines reported a near 150% jump in third-quarter net profit on Thursday, helped by a one-time gain from the Air India-Vistara merger.

Posted on 20/02/2025

Singapore banks guarded by tax relief and financing amid economic pressures

SINGAPORE: In his Budget 2025 address on February 18, Singapore’s Prime Minister, Lawrence Wong, unveiled a series of measures aimed at supporting local busin ...

Posted on 20/02/2025

Robinhood To Introduce Cryptocurrency Services In Singapore By 2025

Robinhood is set to enter the Singaporean cryptocurrency market in 2025, marking a significant expansion of its services beyond traditional stock ...

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