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Posted on 08/05/2025

Singapore and European Union sign agreement to deepen digital trade

A new Singapore and European Union (EU) agreement will pave the way for paperless electronic trade, among other things. It will also facilitate a legal framework on cross-border data flow. These will ...

Posted on 07/05/2025

Bitcoin gains as crypto investors bet on positive US-China trade talks

The rally followed news that the US treasury secretary and trade representative will meet with the Chinese government in Switzerland this week.

Posted on 07/05/2025

Singapore’s 6 billionaires under 50 boast nearly $20B in net worth

Only six of Singapore’s 49 billionaires are under 50, but they collectively hold a US$19.8 billion in wealth, according to Forbes’ 2025 ranking.

Posted on 07/05/2025

Chevron Phillips sells Singapore polyethylene unit to Aster Chemicals

Aster Chemicals and Energy announced on Wednesday that it will acquire Chevron Phillips Singapore Chemicals (CPSC) through its affiliate, Chandra Asri Capital. Aster is a joint venture company between ...

Posted on 07/05/2025

Singapore stocks track regional gains on Wednesday; STI up 0.1%

SINGAPORE] Local stocks ended higher on Wednesday (May 7), tracking gains in the region. Read more at The Business Times.

Posted on 07/05/2025

DBS Net Profit Likely Fell in First Quarter — Earnings Preview

Shares of DBS, which is also Southeast Asia's largest lender, rose 6.3% in the first quarter, trimming their year-to-date losses to about 2%. The stock has yet to fully recover from a brief selloff in ...

Posted on 07/05/2025

Credit Suisse agrees to pay over US$510M in US tax case involving Singapore accounts

The bank was sentenced for conspiring to conceal over US$4 billion from the US Internal Revenue Service (IRS) across at least 475 offshore accounts, which were maintained by the Swiss bank in ...

Posted on 07/05/2025

Singapore GasCo set up to centralise natural gas imports; ex-Pavilion Energy’s Alan Heng named CEO

By centralising procurement, GasCo aims to reap economies of scale and negotiate for more favourable gas contracting terms ...

Posted on 07/05/2025

Singapore, European Union sign new trade agreement to boost digital connectivity

SINGAPORE] Singapore and the European Union (EU) have signed a new agreement to facilitate end-to-end digital trade between both sides. Read more at The Business Times.

Posted on 07/05/2025

Singapore and EU sign digital trade pact, deepening cooperation amid global uncertainties

The EUSDTA is Singapore’s fifth such pact with other countries. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/05/2025

Singapore-based biotech firm Nuevocor raises US$45 million Series B round

SINGAPORE] Biotechnology company Nuevocor announced on Wednesday (May 7) that it completed a US$45 million Series B funding round from new and existing investors. Read more at The Business Times.

Posted on 07/05/2025

Singapore leads Southeast Asia in green finance and energy goals: report

Technology and clean energy investment are other areas where Singapore is gaining ground, the report said. Singapore is emerging as a critical force in Southeast Asia’s green transformation, taking ...

Posted on 07/05/2025

Singapore’s blended finance initiative to set up dedicated office to support Asia’s decarbonisation

SINGAPORE] The Republic’s blended finance initiative aimed at supporting Asia’s decarbonisation will be setting up an office with a dedicated management team to oversee the deployment of capital ...

Posted on 07/05/2025

Singapore hotel figures slip in Q1, with main drags in March; visitor arrivals steady

Tourism board pointed to “exciting line-up of events” in the next few months, including Lady Gaga concerts. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/05/2025

Singapore LTA slams false reports of post-election ERP tol hike circulating on social media

Singapore’s Land Transport Authority (LTA) today refuted circulating claims that it has announced new Electronic Road Pricing (ERP) rates for June ...

Posted on 07/05/2025

Global trade war could trigger discounted prime property deals in Singapore

Notwithstanding uncertainties worldwide, Singapore’s industrial property segment continues to be a stronghold. Alan Cheong, executive director of research and consultancy at Savills Singapore, ...

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