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Posted on 08/01/2025

Over 8,700 bank customers saved from losing $73m to conmen due to joint effort by police and 6 banks

This was the six joint operation in 2024 between the police and the banks to combat scams. Read more at straitstimes.com.

Posted on 08/01/2025

KPMG and SID prioritise innovation and green transition for Singapore businesses in Budget 2025 proposal

A central focus of the proposal is advancing sustainability, with a call for businesses to adopt greener practices through the establishment of national frameworks, grants, and detailed reports.

Posted on 08/01/2025

Overall softness in Singapore retail sector, but premium groceries hold long-term prospects: DBS

DBS Group Research has identified DFI Retail Group and Thai Beverage (ThaiBev) as the top stock picks within the Singapore retail sector for positive near-term business outlook with added corporate ...

Posted on 08/01/2025

DBS shares reach S$45 for the first time

Shares of Singapore’s biggest bank DBS soared to S$45 for the first time on Wednesday (Jan 8). Read more at The Business Times.

Posted on 08/01/2025

Haldiram-Temasek $10 Billion Deal: Singapore Firm to Bite 10% Stake in Snack Giant

Haldiram’s promoters are also considering a Dalal Street debut for the company and are likely to launch an initial public offering (IPO) this year ...

Posted on 08/01/2025

Malaysia-Singapore economic zone to offer tax rates as low as 5%

The Johor-Singapore Special Economic Zone is nearly twice the size of Shenzhen, whose success it is hoping to emulate.

Posted on 08/01/2025

Johor-Singapore economic zone seen attracting regional firms: OCBC

OCBC has welcomed the signing of the Johor-Singapore Special Economic Zone agreement by Malaysia and Singapore.

Posted on 08/01/2025

Malaysia Unveils Tax Breaks for New Economic Zone With Singapore

Malaysia unveiled a slew of tax incentives to lure investors to its joint special economic zone with Singapore that seeks to add $26 billion per year to the Malaysian economy by 2030.

Posted on 08/01/2025

Experts propose tax reforms in 2025 budget to enhance business adaptability

Proposed measures include restrictions on the sale of shares in property-holding companies. As Singapore faces global and domestic challenges, tax policies will be pivotal in ensuring economic ...

Posted on 08/01/2025

Singapore Business Federation CEO Kok Ping Soon on Johor-Singapore SEZ deal

Deals signed between Malaysia and Singapore for the Johor special economic zone project have boosted market confidence in Malaysia. However, one advisory firm noted that investors are still cautious ...

Posted on 08/01/2025

Singapore GDP expected to grow by 2.5%-3% in 2025 amid external risks

Additionally, robust growth in the construction sector is anticipated, supported by ongoing infrastructure projects ...

Posted on 08/01/2025

Singapore Bourse Due For Consolidation

The Singapore stock market has moved higher in four straight sessions, gathering more than 40 points or 1 percent along the way. The ...

Posted on 08/01/2025

Micron Breaks Ground on New HBM Advanced Packaging Facility in Singapore

Approximate $7 billion investment over the next several years to meet AI data center demandSINGAPORE, Jan. 08, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: MU) broke ground today on a new High-Bandwidth Memory ...

Posted on 08/01/2025

HSBC Hires Citi Banker to Lead International Wealth Hub in Singapore: BT

HSBC Holdings Plc. has named Jil Chin as the new head of international wealth hub for Singapore, the Business Times reported Tuesday, citing a statement from the bank.

Posted on 08/01/2025

Johor-Singapore SEZ: ‘Build-as-they-invest’ model prudent but businesses raise concerns over infrastructure delays, red tape

Malaysia’s Economy Minister Rafizi Ramli has told reporters that infrastructure for the special economic zone in Johor will be developed on a “project-by-project” basis, while Malaysia would fund ...

Posted on 08/01/2025

Singapore’s trade growth sustained with electronics boosting early 2025

Trade-related sectors, especially electronics, are expected to sustain growth into early 2025, driven by export demand and pre-emptive production boosts.

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