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Posted on 01/01/2025

Crypto mogul Do Kwon extradited to U.S. to face fraud charges

Montenegro on Tuesday extradited a Korean mogul known as “the cryptocurrency king” to the United States, following a decision of its justice ministry earlier this month to accept a U.S. request.

Posted on 01/01/2025

Singapore telecom and pay-tv services revenue to decline at 0.4% over 2024-29: report

The total telecom and pay-TV services revenue in Singapore is expected to decline at a compounded annual growth rate (CAGR) of 0.4% over the forecast period 2024-2029, with a steady decline in revenue ...

Posted on 01/01/2025

What Multinationals Should Know About Singapore’s 15% Tax Rate

Learn how Singapore's 15% tax rate under BEPS 2.0 impacts multinationals, the revamped tax incentives available, and why Singapore remains a premier hub for global business.

Posted on 01/01/2025

In New Year message, Singapore PM Lawrence Wong says economy beat growth expectations with 4pc rise in 2024

Singapore’s economy grew by 4.0 per cent in 2024, exceeding expectations, according to Prime Minister Lawrence Wong. Wong, who is also finance ...

Posted on 01/01/2025

4 Singapore Stocks to Keep Your Eye On in 2025

iFAST expects its digital bank to also become an important growth driver in 2025 and beyond. DBS is Singapore’s largest bank by market capitalisation and is also a familiar name to many Singaporeans.

Posted on 01/01/2025

Look to US market for capital gains, says investment guru Adam Khoo

Mr Khoo, who also founded online investor school Piranha Profit, warned against investing with a Fomo (fear of missing out) mindset: “Don’t rush (into) stocks just because your friend or neighbour ...

Posted on 01/01/2025

2025 likely to see continuation of bull market, but trade with caution

Analysts expect higher inflation in 2025 and slower growth in 2026 as Trump’s policies kick in. Read more at straitstimes.com.

Posted on 01/01/2025

Plans by Singapore banks to broaden product providers, offerings under SRS framework shelved

THE Competition and Consumer Commission of Singapore (CCCS) has halted its review of a proposed Supplementary Retirement Scheme (SRS) framework following the withdrawal of a joint application by DBS, ...

Posted on 31/12/2024

Singapore’s DBS Bank appoints Rajat Verma as India CEO from March 2025 — Who is he?

DBS Group has appointed Rajat Verma as CEO of DBS Bank India, effective March 1. He succeeds Surojit Shome, who retires in February. Verma, currently heading institutional banking, will join DBS' ...

Posted on 31/12/2024

Singapore Growth Beats Estimates as PM Wong Flags Global Risks

Singapore’s Prime Minister Lawrence Wong said the country’s economy performed better than expected in 2024, building a strong foundation for the city state to confront a more complex international ...

Posted on 31/12/2024

Singapore economy grew 4% in 2024; government will continue to cushion impact of cost-of-living increases: PM Wong

SINGAPORE’S economy grew by 4 per cent for the whole of 2024, exceeding the most recent official forecast of an expansion of around 3.5 per cent. Read more at The Business Times.

Posted on 31/12/2024

Upgraded China-Singapore free trade pact takes effect, will enhance market access for businesses

SINGAPORE: China and Singapore have upgraded a 15-year-old free trade deal to further open up their markets to investors and services suppliers on both sides, and expand cooperation in telecom ...

Posted on 31/12/2024

Singapore stocks lower on last trading day of the year; STI up 16.9% in 2024

On the STI, Singapore Exchange was the top gainer, rising 1.5 per cent to $12.74. Read more at straitstimes.com.

Posted on 31/12/2024

New laws punishing misuse of Singapore SIM cards to come into effect on Jan 1

Criminal syndicates have turned to local SIM cards to get around measures to block overseas scam calls and SMSes. Read more at straitstimes.com.

Posted on 31/12/2024

New Year countdown parties, fireworks: Top spots in Singapore to usher in 2025

SINGAPORE: Singaporeans will be able to usher in the new year and join in celebrations counting down to the nation’s 60th birthday at key places such as Marina Bay and Sentosa as well as 17 heartland locations on Dec 31.

Posted on 31/12/2024

Singapore stocks traded lower before the new year—STI fell 0.4%

In the broader market, 69 stocks fell while 15 gained, with 33.6 million securities valued at S$28.3 million traded ...

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