The strategies have distinct benefits,” says Bloomberg Intelligence’s Rena Kwok. “Special dividends offer flexibility without long-term commitments and share buybacks boost earnings per share.” ...
UOB founder’s heirs granted access to US$10bil estate
The transfer of control over Wee Cho Yaw’s estate marks one of Singapore’s largest wealth transfers in decades.
DBS CEO Piyush Gupta earned $17.58m in 2024
About $9.35m of this is a deferred award, of which 17.1% will be in cash. DBS CEO Piyush Gupta earned a total of S$17.58m for 2024. A bulk of this— about $9.35m— is a deferred award, of which 17.1% ...
China’s Jan-Feb crude oil imports fall as sanctions, port ban curb flows
China's crude oil imports fell 5% in the first two months of 2025 versus year-ago levels, data showed on Friday, as tougher U.S. sanctions on ships carrying Russian and Iranian oil and a Chinese port ...
Singapore’s Work Visa overhaul: What it means for Indians
Singapore will implement changes to make it easier for foreign workers, including Indians, to get long-term employment. The reforms include removing stay limits, increasing the maximum employment age, ...
US firm Western Digital’s new Singapore CEO sees AI driving a ‘massive opportunity’ for hard-disk drives
US data storage giant Western Digital completed the planned separation of its flash business on Feb 21 this year, leaving it with its traditional hard-disk drive business. Read more at The Business ...
2,700 infected devices uncovered in Singapore as part of cyber operation against global botnet
"Malicious actors" exploited "poor cyber hygiene practices" to infect devices, including baby monitors and internet routers, says Minister for Digital Development and Information Josephine Teo.
Singapore firms optimistic about GenAI but face IT infrastructure gaps
Only 60% of Singaporean businesses have adopted application containerisation. Singapore organizations are highly optimistic about Generative AI (GenAI) but a lack of containerization adoption ...
Pegging flat prices to construction costs will take Singapore backwards: Desmond Lee
The Progress Singapore Party’s (PSP) proposed “affordable homes scheme”, where Build-To-Order (BTO) flats are priced primarily on construction costs, will take Singapore backwards to a time when flats ...
More Singapore companies offering flexible work arrangements in 2024 than before
More Singapore companies are still offering flexible work arrangements, even though the Covid-19 pandemic has long passed.
Singapore to introduce initiatives to improve proficiency in AI use
"Our most important task, therefore, is to help as many people and businesses as we can become more productive, with the use of AI," says Minister for Digital Development and Information Josephine Teo ...
Singapore semicon companies, including startups, can tap new S$500 million national fab facility by 2027
Singapore semiconductor companies, including startups, will be able to tap the new S$500 million national fabrication facility announced in Budget 2025. Read more at The Business Times.
Singapore ranks fourth in global cross-border investment in 2024
The total investments reached $6.7b. In 2024, Singapore was the fourth most in-demand destination for cross-border investment with total investments reaching $6.7b (U$5b), Knight Frank reported.
Heavy traffic expected at Singapore-Malaysia land checkpoints during March school holidays, Hari Raya Puasa
More than 3 million travellers crossed Woodlands and Tuas checkpoints during the recent Chinese New Year period.
How Gardens by the Bay showcases Japan’s sakura in Singapore
Gardens By The Bay's 10th sakura event will feature 440 cherry blossom trees representing 48 cultivars. Read more at straitstimes.com.
Vietnam’s Party leader to visit Indonesia, Singapore
Vietnam's Communist Party General Secretary To Lam and his spouse will pay a state visit to Indonesia, an official visit to the ASEAN Secretariat based in the country, and an official visit to ...