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Posted on 02/04/2025

Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital can fund potential acquisition

SINGAPORE] A potential acquisition of Indonesia’s Panin Bank could benefit from DBS’ strong track record of turning around unprofitable targets, and is a good place for South-east Asia’s biggest bank ...

Posted on 02/04/2025

How a tiny island nation became Asia’s finance powerhouse—why Singapore attracts expats

Singapore, a speck on the map, has defied the odds to become Asia’s financial colossus. Its journey from a struggling, resource-starved nation to a global hub of finance and innovation is nothing ...

Posted on 02/04/2025

Singapore’s finance giants exploit contract hiring frenzy to cut costs

SINGAPORE: According to the 2025 Salary Guide Report of Morgan McKinley, a recruitment consultancy firm in Singapore, the city-state’s financial services sect ...

Posted on 02/04/2025

Banking Singapore’s brains: How the grey matter of the dead can help improve lives

Brain Bank Singapore collects human brain tissue after a donor’s death and preserves it for use in research that aims to help prevent, diagnose and treat various conditions.

Posted on 02/04/2025

New head of Singapore’s DBS grapples with weight of succession

SINGAPORE -- At an earnings briefing in February, Tan Su Shan, who helms her first financial quarter from this month as the CEO of DBS Group Holdings, noted that her predecessor, Piyush Gupta, was ...

Posted on 02/04/2025

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

Under the deal, billionaire Prajogo Pangestu’s Chandra Asri Pacific and partner Glencore will take over Shell’s oil refining and petrochemicals operations in Singapore.

Posted on 02/04/2025

Taiwan’s UMC Opens $5 Billion Singapore Facility To Make AI, Automotive Chips

Singapore—a major chip manufacturing hub—has in recent years been attracting new investments from global semiconductor companies.

Posted on 02/04/2025

New study aims to improve Singapore’s green spaces for humans and wildlife

The three-year study is backed by a $2.75 million research grant from the Government. Read more at straitstimes.com.

Posted on 02/04/2025

What Makes Singapore a Tax Haven?

Its low tax rates and breaks for new businesses have made this city-state a magnet for international business and finance.

Posted on 02/04/2025

63,000 public healthcare staff to get up to 7% pay rise, but netizens voice tax and manpower concerns

SINGAPORE: The Ministry of Health (MOH) announced on Thursday (March 27) that 63,000 public healthcare workers in Singapore would get a salary increase of up to ...

Posted on 01/04/2025

4 Singapore Stocks Hitting Their 52-Week Highs: Are They Screaming Buys?

These four stocks could be attractive buys after their share price hit a year-high. The post 4 Singapore Stocks Hitting Their 52-Week Highs: Are They Screaming Buys? appeared first on The Smart ...

Posted on 01/04/2025

Wedding Loan vs Personal Loan: What’s the Best Way to Finance a Wedding in Singapore

Ah, weddings. A day to celebrate your love with your partner and solemnly vow to stand by them in sickness and in health, to love and cherish, until debt do you part. That’s right—debt. With wedding ...

Posted on 01/04/2025

CORRECTING and REPLACING CAPTION UMC Unveils New Fab Expansion in Singapore in Grand Opening Ceremony

Please replace the photo caption with the following corrected caption: (From Left to Right) Michael Hsu, UMC Vice President; Jermaine Loy, EDB Managing Director; Dr Beh Swan Gin, MTI Permanent ...

Posted on 01/04/2025

UOB Cuts Interest Rates on One Account: A Trend in Singapore’s Banking Landscape

The recent changes in UOB's One Account interest rates come amidst a backdrop of shifting monetary policies. Over the preceding year, rates on the One Account had reached as high as 5% per annum for ...

Posted on 01/04/2025

UOB joins OCBC in cutting interest rates for savings accounts from May 1

The move by UOB follows a similar one by OCBC, with both banks saying there is a need to be in line with market conditions.

Posted on 01/04/2025

Semiconductor firm UMC opens new facility in Singapore, expects to create 700 jobs

The new roles will include engineering jobs in process and equipment as well as in R&D. Read more at straitstimes.com.

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