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Posted on 20/02/2025

Singapore’s Abaxx Exchange plans gold futures as precious metal surges

Not all attempts to launch precious-metals products have been successful. Singapore Exchange – which runs the local stock exchange, and also offers futures for commodities including iron ore – started ...

Posted on 20/02/2025

Singapore biotech tycoon Huang Zhenhua has assets frozen over $1.1 billion suit by pharma giant

Wegovy maker Novo Nordisk is accusing Mr Huang and his firm of fraudulent claims over a hypertension drug. Read more at straitstimes.com.

Posted on 20/02/2025

Man on Singapore death row granted stay of execution under new law

SINGAPORE: A Malaysian national was granted a stay of execution on Feb 19, under a new Singapore law that provides clarity on when the death sentence may be carried out after all avenues of appeal ...

Posted on 20/02/2025

Singapore set for multi-year high diesel imports in Feb while exports falter, sources say

Singapore is set to import multi-year high diesel volumes for February, according to data from two shiptrackers and trade sources, as sellers shipped cargoes to Asia's key oil storage hub amid tepid ...

Posted on 20/02/2025

Singapore’s Car Permits, Sovereign Wealth Funds Help Surplus

The Singapore government sourced billions of dollars more than it initially expected from the auction of near-record high car permits, income tax and contributions from its state wealth funds, ...

Posted on 20/02/2025

Grab shares rise after Singapore announces 50% corporate income tax rebate in Budget 2025

SINGAPORE: Shares of Grab Holdings Limited traded higher on Tuesday (Feb 20) after a 50 per cent corporate income tax rebate for Singapore companies in the 2025 ...

Posted on 20/02/2025

Will President Trump propel the crypto industry to new heights or new lows?

US President Donald Trump’s evolving stance on cryptocurrencies — from scepticism in his first term to a pro-innovation approach in his second — has sparked significant debate about the future of the crypto industry.

Posted on 20/02/2025

Efforts to draw businesses to Johor-Singapore Special Economic Zone being stepped up

Efforts to ease business entry into the Johor-Singapore Special Economic Zone are ramping up, driven by both public and private sectors. Authorities are also actively addressing concerns raised by ...

Posted on 20/02/2025

Robinhood tips Singapore launch, touts memecoin interest: Report

Robinhood plans to launch cryptocurrency trading products in Singapore through its Bitstamp subsidiary, Bloomberg reported on Feb. 18. The online brokerage has not yet set a launch date but aims to start rolling out services by late 2025,

Posted on 20/02/2025

SingPost 3QFY2025 operating profit down 23.8% y-o-y; domestic business back in an operating loss

In its 3QFY2025 business update, SingPost says that overall delivery volumes in the Singapore postal and logistics business grew by 3.4%, as letter mail volume growth offset lower ecommerce volumes ...

Posted on 20/02/2025

Citri Mobile: Elevating MacBook and Phone Repairs with Cutting-Edge Solutions in Singapore

In a world where smartphones and laptops are essential to daily life, the demand for quick and reliable repair services is higher than ever. Citri Mobile, a leading repair service provider in ...

Posted on 20/02/2025

Singapore’s UOB posts record profits as it bets its Southeast Asia focus will drive growth amid global uncertainties

The bank’s CEO, Wee Ee Cheong, said an enlarged customer base and enhanced platforms in the region position UOB well.

Posted on 20/02/2025

EMERGING MARKETS-Singapore stocks hit record high; rupiah falls ahead of policy meeting

Singapore stocks up on budget, UOB results and shareholder returns * Indonesian stocks snap a three-day rally, rupiah down 0.6% * Bank Indonesia rate decision awaited * South Korean stocks up for 7-days straight By Rajasik Mukherjee and Roushni Nair Feb 19 (Reuters) - Most Asian equities gained on Wednesday,

Posted on 20/02/2025

Singapore’s business support measures to sustain banks’ asset quality

Wealth management income will benefit from stock exchange-related incentives. Singapore’s commitment to aiding companies— via tax incentives, rebates, and more financing options— will help local banks ...

Posted on 20/02/2025

Alleged Malaysian drugs trafficker gets last-minute stay of execution in Singapore

A Singapore court has granted a stay of execution to a Malaysian man just hours before he was set to be hanged for drug trafficking

Posted on 20/02/2025

Former manager at DBS Bank Singapore admits cheating four clients of S$348k in total

SINGAPORE: A wealth planning manager with DBS Bank cheated four of his clients of S$348,000 in total by duping them into investing in fictitious fixed deposits with "attractive terms".

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