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Posted on 14/03/2025

UOB targets 10 million Asean retail card customers by 2027 as entertainment spending grows

SINGAPORE] UOB aims to grow its Asean retail card customer base to 10 million by 2027, through more partnerships in the entertainment space. Read more at The Business Times.

Posted on 14/03/2025

How Singapore is Enhancing Philanthropy Through Policy Reforms

Singapore has introduced new policies, tax incentives, and donation-matching funds to strengthen charitable giving and nonprofit support.

Posted on 14/03/2025

Wall Street Goes All In On Great Crypto Comeback Fueled By Trump

What followed the FTX fallout was a huge crypto crackdown by regulators under President Joe Biden. The Commodity Futures Trading Commission, the US’s top derivatives regulator, recovered a record ...

Posted on 14/03/2025

CNA938 Rewind – Open for Business – What’s next for CDL after Kwek Leng Beng drops legal action against son Sherman

Billionaire tycoon Kwek Leng Beng is dropping the lawsuit filed against his son Sherman Kwek and other directors of City Developments Limited (CDL). Shares of CDL jumped more than 4% following the ...

Posted on 14/03/2025

Swiss announce new defence minister, Singapore cooperation deal

The Swiss government said on Friday Martin Pfister will be the country's new defence minister when Viola Amherd steps down at the end of the month.

Posted on 14/03/2025

Singapore’s ruling party under scrutiny for ties with Israel amid Gaza war and upcoming elections

As Singapore prepares for its next general election, the government faces scrutiny over its ties with Israel amid the Gaza war. With Israel increasingly isolated internationally and humanitarian ...

Posted on 14/03/2025

Under-35s are UOB’s fastest-growing card spenders, especially for travel and dining

They spent over 40 per cent more on these spending categories in 2024 than in 2023. Read more at straitstimes.com.

Posted on 14/03/2025

Crypto Adoption in Southeast Asia Set to Grow

Cryptocurrency adoption in Southeast Asia continues to gain momentum, with the region accounting for 60% of global crypto activity. A Statista report forecasts the crypto market to reach $1.78 billion ...

Posted on 14/03/2025

Singapore stocks end flat on March 14 amid mixed regional finishes

SINGAPORE – Local shares had nowhere to go on March 14 as investors here and elsewhere tried to get a grip on the trade war threats roiling financial markets.

Posted on 14/03/2025

Singapore and Thai firms, organisations ink 5 pacts covering e-commerce and other areas

The MOUs were signed on the sidelines of a bilateral economic ministers’ meeting here. Read more at straitstimes.com.

Posted on 14/03/2025

Singapore Coast Guard performs two-hour security sweep of tanker after illegal boarding

SINGAPORE: When Inspector Muhammad Rasidi Suriade of the Police Coast Guard (PCG) got a call on Feb 28 about a Singapore-registered chemical tanker being boarded illegally by unknown suspects, he ...

Posted on 14/03/2025

Sora, benchmark interest rate for home loans in Singapore, fell to lowest since end-2022 this week

Singapore dollar’s outperformance vs most Asian currencies helped push down borrowing costs. Read more at straitstimes.com.

Posted on 14/03/2025

Singapore’s DBS raises $2 billion through US dollar bonds, term sheet shows

DBS Group , Southeast Asia's biggest bank, has raised $2 billion through a multi-tranche U.S. dollar senior bond issuance for general business purposes and to finance treasury activities, according to ...

Posted on 14/03/2025

AIA Singapore’s value of new business rises 15% in 2024 to US$454 million

SINGAPORE] AIA Singapore’s value of new business (VONB) rose 15 per cent on the year to US$454 million for the full year ended Dec 31, 2024, from US$394 million in the year-ago period, on a constant ...

Posted on 14/03/2025

Singapore-based Shein remains committed to IPO as firm weathers US tariff storm

LONDON] Shein’s executive chairman said he remains committed to plans to take the fast-fashion retailer public despite being in the crosshairs of US President Donald Trump’s campaign to rebalance ...

Posted on 14/03/2025

UBS sets up wealth teams in Singapore for Australia and Japan

SINGAPORE – UBS Group has established offshore desks in Singapore to cater to its clients in Australia and Japan, according to the bank’s Asia-Pacific wealth management co-head.

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