OCBC has no intention to change its planned US$192 million investment in Hong Kong and Macau, CEO Helen Wong says.
Indonesia’s plan to raise fuel imports from US in shift from Singapore raises questions over costs
Higher transport and insurance costs would make fuel shipped from the US less competitive in Indonesia. Read more at straitstimes.com.
Singapore Pools brings home SBR Technology Excellence Awards 2025 for data centre modernisation
The transformative upgrade has yielded annual savings of $4.2m and estimated annual reduction of 305 tonnes of CO₂*.
SGX RegCo, MAS proposals viewed as a positive step forward but inadequate without deeper market reform
SINGAPORE] The Singapore stock market will need deeper structural reforms to address longstanding challenges, market watchers told The Business Times. Read more at The Business Times.
Singapore-based OMS Energy raised US$33.3m from Nasdaq debut
This is even as regulators look to entice new listings here. Read more at straitstimes.com. Read more at straitstimes.com.
HSBC sees Japan, India, China as favoured in trade deal talks
SYDNEY] Japan, India and China are likely in “pole position” to secure a long-term trade deal with the US, while Singapore and Australia could also “unexpectedly race ahead,” according to Frederic ...
Singapore Marathon winner Geoffrey Yegon caught doping, denied US$45,000 prize
A search for the results on the Standard Chartered Singapore Marathon website now shows Uganda's Abel Sikowo as the winner, though organisers have not formally announced this.
2024 StanChart Singapore Marathon winner Geoffrey Yegon banned for doping
The Kenyan's urine sample from the Dec 1 race tested positive for synthetic steroid triamcinolone acetonide. Read more at straitstimes.com. Read more at straitstimes.com.
No plans for layoffs; HK$1.5 billion investment in Greater China to continue: OCBC’s Helen Wong
SINGAPORE] OCBC has no plans to implement “major” layoffs despite macroeconomic uncertainties arising from US tariffs, said the bank’s group chief executive officer Helen Wong on Friday (May 16). Read ...
DBS Group Research upgrades SIA Engineering to a buy on ‘compelling growth,’ raises target price
SINGAPORE] DBS Group Research upgraded SIA Engineering’s (SIAEC) stock to a “buy” from a “hold”, citing limited exposure to tariff-related factors, growth ahead, among other factors. Read more at The ...
Indonesia’s plan to shift fuel imports from US instead of Singapore, raises questions over costs
Higher transport and insurance costs would make fuel shipped from the US less competitive in Indonesia. Read more at straitstimes.com.
Changes to Singapore Economic Resilience Taskforce members possible after Cabinet reshuffle: DPM Gan
PM Lawrence Wong is expected to announce his new Cabinet line-up soon. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore not revising GDP outlook even if US-China talks are ‘encouraging’: DPM Gan
SINGAPORE] Despite the US tariff pause and ongoing talks on pharmaceutical rates, Singapore is not further revising its growth projection for now, amid heightened global uncertainty, Deputy Prime ...
Singapore shares climb on May 16; STI gains 0.2%
Across the broader market, gainers beat losers 307 to 203. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore says its growth forecast may need further adjustment amid uncertainty
Singapore's economic growth forecast may need to be adjusted further, its trade minister said on Friday, as uncertainty remains despite a recent breakthrough in U.S.-China tariff negotiations.
Demand for flights to China has risen recently, Singapore Airlines exec says
Singapore Airlines has seen a surge in passenger traffic into China in recent months, but outbound travel has still not recovered to pre-pandemic levels, Chief Commercial Officer Lee Lik Hsin said on ...