Singapore has introduced a new law empowering police to freeze the bank accounts of scam victims as a last resort to curb rising financial fraud. With scam losses hitting record highs, the Protection ...
China may trim fuel oil imports amid 2025 tax hike, sources say
China's fuel oil imports are expected to drop in early 2025 following a hike in the product's import tax from Jan. 1, prompting some sellers to lower prices to boost demand, several trade sources ...
Singapore slots itself into the HBM supply chain—key to the AI boom—with a $7 billion Micron investment
It's Singapore's first facility dealing with HBM, part of the AI chips that's powering companies like Nvidia and TSMC to new heights.
Singapore’s Stock Benchmark Hits Record High as Banks Rally
Singapore’s stock benchmark closed at an all-time high on Wednesday, boosted by the ongoing rally in bank shares. The Straits Times Index rose 1.5%, pushing the gauge above the previous record level seen in October 2007.
Singapore Art Week 2025: Artist Yang Derong weaves a digital tale of Singapore
Drawing on his fashion background, DIGikat blends weaving, food and multimedia installations in a conversation about Singaporean identity. Read more at straitstimes.com.
Micron’s $9.5b chip plant to give Singapore foothold in AI space; will create up to 3,000 jobs
Operations are scheduled to start in 2026 with the expansion of packaging capacity beginning in 2027. Read more at straitstimes.com.
Micron To Build $7 Billion Advanced Chip Facility In Singapore Amid AI Boom
Micron Technology is investing $7 billion to build an advanced chip packaging facility in Singapore as the semiconductor giant expands its capacity to cater to booming demand for AI chips.
Micron’s $9.5b chip plant in Woodlands to drive Singapore’s AI growth, create up to 3,000 jobs
Singapore can be expected to play a larger role in developing complex artificial intelligence (AI) applications when Micron's new $9.5 billion high-bandwidth module (HBM) advanced packing facility in ...
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.
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.
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 ...
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.
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 ...
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.
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.
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.