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Posted on 01/04/2025

UMC Unveils New Fab Expansion in Singapore in Grand Opening Ceremony

United Microelectronics Corporation (UMC), a leading global semiconductor foundry, today officially unveiled its new fab facility in Singapore in a grand opening ceremony. The first phase of the new ...

Posted on 01/04/2025

Omi beef specialist trading company opens second steak specialty store “STEAK SUDAKU” in Singapore and starts recruiting franchisees

OMIGYU TRADING SINGAPORE PTE. LTD., a wholly owned subsidiary of General Omi Beef Trading Co., Ltd. (Head office: Moriyama City, Shiga Prefecture / CEO: Takaoki Nishino), will open a directly managed ...

Posted on 01/04/2025

UltraGreen.ai Is Said to Mull Up to $300 Million IPO in Singapore

UltraGreen.ai, a provider of fluorescence technology used in medical and surgical imaging, is considering an initial public offering to raise as much as S$400 million ($298 million), people familiar ...

Posted on 01/04/2025

Temasek-backed 65 Equity Partners, Inflexion to make minority investment in Kee Safety

SINGAPORE] Global investment firm 65 Equity Partners and Inflexion, a mid-market private equity firm, announced on Tuesday (Apr 1) their plans to jointly invest in safety equipment provider Kee Safety ...

Posted on 01/04/2025

Singapore’s GLP closes first digital infrastructure fund at $358 million in assets under management

Singapore-based GLP has successfully wrapped up its inaugural digital infrastructure-based fund, the GLP China IDC Income Fund I, with assets under management of 2.6 billion yuan ($357.76 million), ...

Posted on 01/04/2025

YZJ Financial falls 10% after announcement of divestment of entire treasury shareholding

SINGAPORE] Shares of Yangzijiang Financial, the financial arm of Yangzijiang shipbuilding, fell 10 per cent after the company on Sunday (Mar 30) said it agreed to divest its entire treasury ...

Posted on 01/04/2025

Singapore’s Private Home Price Growth Moderated in First Quarter

Prices of non-landed properties rose 0.6% in the first quarter, a significant moderation from the 3.0% rise in the previous quarter, the data showed. Meanwhile, prices of landed properties increased ... ( read original story ...)

Posted on 01/04/2025

HDB resale prices in Singapore rise 1.5pc in Q1, slowest growth in five quarters as more flats enter market

Prices of Housing and Development Board (HDB) resale flats rose by 1.5 per cent in the first quarter of 2025, marking the slowest pace of growth in five quarters. Minister for National Development ... ( read original story ...)

Posted on 01/04/2025

UOB lowers interest rate on flagship One Account, joins OCBC in 360 Account cut

From May 1, maximum interest rate on One Account will be cut to 3.3 per cent per annum on the first $150,000 from 4 per cent. Read more at straitstimes.com.

Posted on 01/04/2025

UOB trims interest rate on flagship One Account, joins OCBC in 360 Account cut

SINGAPORE] UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. Read more at The Business Times.

Posted on 01/04/2025

Indonesian Billionaire’s Chandra Asri, Glencore Complete Purchase Of Shell’s Singapore’s Assets

Under the deal, which was first announced in May 2024, CAPGC—majority owned by Pangestu’s Chandra Asri Pacific, a major petrochemicals company in Indonesia—will take over Shell’s oil refining and ...

Posted on 01/04/2025

Asian stocks bleed on Monday: Nikkei crashes 4%, Hang Seng down 2%

Asian stock markets tumbled on Monday, tracking Wall Street’s weak close on Friday as concerns over US President Donald Trump's upcoming tariffs rattled investors.

Posted on 01/04/2025

Shell completes Singapore refinery sale to Chandra Asri-Glencore JV

Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, the company said on Tuesday, while trade sources noted that the new owners have ...

Posted on 01/04/2025

OCBC should sell Chulia Street properties so assets can be redeveloped to benefit Singapore

Enable CBD rejuvenation by selling OCBC Centre cluster of buildings for redevelopment Read more at The Business Times.

Posted on 01/04/2025

Oracle’s Pioneering Isolated Cloud Initiative with Singapore

Oracle announced a groundbreaking deal to provide Singapore's defense technology with isolated cloud and AI services. This marks Oracle's first initiative of its kind in Southeast Asia, aiming to ...

Posted on 01/04/2025

Shell completes sale of Singapore refining assets to Chandra Asri-Glencore group

Shell has closed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, following its announcement of the deal last year, the company said in a statement on ...

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