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Posted on 05/12/2024

Traveller caught trying to sneak over $1.3m past Singapore Customs

A traveller is currently under investigation for attempting to bring more than $1.3 million into Singapore. On Nov 27, the 49-year-old man was detected carrying cash in multiple currencies. He was ...

Posted on 05/12/2024

NXP, TSMC Affiliate Aim to Expand $8 Billion Singapore Plant

NXP Semiconductors NV and a Taiwan Semiconductor Manufacturing Co. affiliate are discussing an expansion of their $7.8 billion Singapore venture, recognizing a need to diversify chip production in ...

Posted on 05/12/2024

NXP, TSMC affiliate plan expansion of Singapore plant, Bloomberg reports

NXP Semiconductors (NXPI) and a TSMC (TSM) affiliate are discussing an expansion of their $7.8B Singapore venture, as they look to diversify ...

Posted on 05/12/2024

Singapore Stock Benchmark Headed for Record High as Banks Rally

Singapore stocks are headed for a record high as renewed optimism around the city-state’s banks gives a lift to the wider market.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of ...

Posted on 05/12/2024

Traveller tries to sneak $1.3m past Singapore Customs

The authorities are investigating a 49-year-old man who was caught carrying more than $1.3 million in various currencies into Singapore, and under-declaring the amount, on Nov 27. The man, a foreign ...

Posted on 05/12/2024

S’pore to receive more capital inflows in 2025

Singapore could see more capital inflows in 2025, with the stock market poised for another year of outperformance as investors turn defensive and favour the safe haven amid uncertainties over new ...

Posted on 05/12/2024

Singapore-Based VC Firm Jungle Ventures Is On The Prowl To Tap New Frontiers

As Southeast Asia’s funding winter for startups abates, it presents new opportunities for seed stage investments, says Amit Anand, cofounder and managing director of Singapore-based venture capital ...

Posted on 05/12/2024

HDB resale market slows in November amid cooling measures and BTO supply

This marks the first time in over a year that monthly resale volumes have fallen below the 2,000-unit threshold. ( read original story ...)

Posted on 05/12/2024

Singapore’s STI projected to hit 3,950 by 2025 on strong bank performance: DBS

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ...

Posted on 05/12/2024

From cheesecakes to quantum computing – panellists explore opportunities in the Johor-Singapore SEZ

THE Johor-Singapore Special Economic Zone (JS-SEZ) is expected to deliver key infrastructure upgrades to the Malaysian state, including new data centres, expanded office and logistics spaces, and ...

Posted on 05/12/2024

Global and Singapore outlooks stay stable, but threats are on the rise

THE current volatile economic landscape presents both challenges and opportunities, DBS economist Chua Han Teng said at the bank’s Market Outlook 2025 – Beyond New Frontiers event on Wednesday (Dec 4) ...

Posted on 05/12/2024

Singapore faces highest rise in AI-related incidents across Southeast Asia

Over one-third (35%) of Singapore respondents reported experiencing more AI-related incidents in the past financial year, the highest across Southeast Asia, Del ...

Posted on 05/12/2024

Exxon Is Said to Weigh Sale of $1 Billion Singapore Stations

Oil major Exxon Mobil Corp. is considering a sale of its gas stations in Singapore, which could raise about $1 billion, according to people familiar with the matter.

Posted on 05/12/2024

11 Fascinating Facts About Singapore You Didn’t Know

Singapore, a global hub for finance, innovation, and urban planning, is a country that continues to captivate the world. This tiny island nation stands as a beacon of progress and prosperity, offering ...

Posted on 05/12/2024

How Citigroup’s Firing of Asia Equity Sales Traders Is Haunting the Bank Years Later

Citigroup fired an entire team of Hong Kong equity sales traders in 2019 for alleged misconduct. The ensuing regulatory and legal saga spotlights the question: Who should take the blame when banks get ...

Posted on 05/12/2024

ExxonMobil reportedly weighing sale of Singapore gas stations in $1 billion deal

SINGAPORE: US oil giant ExxonMobil is reportedly exploring the possibility of selling its network of gas stations in Singapore, according to sources cited by Bloomberg. The move is expected to ...

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