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Posted on 26/02/2025

Basel Medical opens at $4.19, IPO priced at $4 per share

Basel Medical (BMGL) filed for an initial public offering of 2.205M ordinary shares. Cathay Securities is acting as the underwriter for this ...

Posted on 26/02/2025

Singapore department store Metro debuts stablecoin payments: Report

Metro, a publicly-listed department store chain in Singapore, has reportedly enabled its customers to pay for products using stablecoins like Tether’s USDt. Metro has partnered with Singapore-licensed ...

Posted on 26/02/2025

Father-son feud and an alleged ‘attempted coup’ rock one of Singapore’s largest property developers

Kwek Leng Beng, the chairman of City Developments Limited, is accusing his son Sherman Kwek, who is the CEO, of "serious lapses of corporate governance".

Posted on 26/02/2025

CDL through the years: From humble roots to family rift at Singapore’s largest listed developer

The dispute has culminated in a High Court hearing on Feb 26 to hear Kwek Leng Beng’s lawsuit against his son and several board directors. Read more at straitstimes.com.

Posted on 26/02/2025

Indonesian man caught at Singapore ferry terminal to be charged with money laundering, failure to declare cash

SINGAPORE: An Indonesian man is set to be charged with money laundering and failure to declare cross-border movement of cash on Thursday (Feb 27), after he entered Singapore with US$20,000 (S$26,800) ...

Posted on 26/02/2025

A look at Singapore’s most innovative architectural designs in 2025

Modern and modern aesthetic: One Marina Gardens is a perfect example of Singapore's love of modernism. These two 34-storey tall towers are built using windows and sleek lines and a natural flow that ...

Posted on 26/02/2025

Chinese students applying to Singapore prefer STEM fields

Singapore has also become a preferred destination for Chinese companies expanding globally, providing abundant internship and employment opportunities for graduates, according to the report.

Posted on 26/02/2025

Singapore property magnate seeks to oust son in boardroom battle

Kwek family feud between octogenarian chair and CEO offspring leads to share suspension of real estate developer ... ( read original story ...)

Posted on 26/02/2025

Singapore banks declare multi-billion dollar capital returns; OCBC Q4 profit misses

Singapore's second-largest bank, Oversea-Chinese Banking Corp , on Wednesday joined rivals in declaring multi-billion capital returns alongside their 2024 record earnings but warned of an uncertain ...

Posted on 26/02/2025

OCBC CEO Helen Wong thinks AI will create more banking jobs

As part of its earnings report, OCBC revealed that it will return 2.5 billion Singapore dollars to shareholders over two years through dividends and buybacks.

Posted on 26/02/2025

Singapore shares fall as company earnings disappoint; STI down 0.2%

The fallout left the Straits Times Index (STI) down 0.2 per cent or 7.82 points to 3,908.05 but gainers just beat losers 330 to 236 after 1.5 billion securities worth $1.7 billion changed hands.

Posted on 26/02/2025

Singapore Tycoon Kwek accuses son of boardroom coup attempt

The billionaire Kwek, 84, said in a statement that he had sought to dismiss his son, Sherman Kwek, from the CEO position earlier in February due to what he alleged were “serious lapses of corporate ...

Posted on 26/02/2025

Singapore factory output grows 9.1% in January

It was driven by growth in three of the six clusters, with biomedical manufacturing and electronics leading the way. Read more at straitstimes.com.

Posted on 26/02/2025

Two Singapore ministers file defamation lawsuits against Bloomberg

Singapore's law and home affairs minister and its manpower minister have filed defamation lawsuits against Bloomberg News and one of its reporters, according to a schedule of court hearings.

Posted on 26/02/2025

HSBC Names Asia Country, Banking Heads in CEO’s Major Revamp

HSBC Holdings Plc gave country heads in some smaller Asian markets additional responsibilities as the lender streamlines and removes management layers.

Posted on 26/02/2025

Metro Department Store in Singapore to Accept Stablecoin Payments

Singapore 's Metro Department Store has recently decided to embrace stablecoin payments in partnership with dtcpay.

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