NIRC represents as much as half of the net investment income and up to half of the long term expected real returns of Temasek, GIC and the Monetary Authority of Singapore. Personal income tax ...
Man to be charged over receiving scam proceeds and converting them into crypto
The man received more than $44,000 across seven transactions in the same bank accounts, which he then converted into Bitcoin or BTC, the world’s largest cryptocurrency. He then also transferred the ...
Nearly 10 years’ jail for woman who committed cheating linked to over $5.7m of mostly crypto funds
Ho Kai Xin used her ill-gotten gains to live a lavish lifestyle, including placing a down payment for a penthouse. Read more at straitstimes.com.
Genting Singapore posts 34% fall in H2 net profit to S$222 million
GENTING Singapore posted a 34 per cent fall in net profit to S$222 million for the half year ended Dec 31, 2024, from S$334.9 million in the corresponding year-ago period. Read more at The Business ...
Singapore’s Wilmar International posts 23% fall in annual profit
Singapore-listed agribusiness firm Wilmar International reported a 23.3% fall in full-year core net profit on Thursday, hurt by weak performance from its plantation and sugar milling as well as feed ...
Singapore: Stove flare-up startles home cook in Singapore
On October 14, 2024, in Singapore, @kristina_na70 shared a video of a slight accident while cooking. In the video, the author attempts to turn on the stove when a sudden burst of fire flares up from ...
Singapore Airlines’ third-quarter profit more than doubles
Singapore Airlines reported a near 150% jump in third-quarter net profit on Thursday, helped by a one-time gain from the Air India-Vistara merger.
Singapore banks guarded by tax relief and financing amid economic pressures
SINGAPORE: In his Budget 2025 address on February 18, Singapore’s Prime Minister, Lawrence Wong, unveiled a series of measures aimed at supporting local busin ...
Robinhood To Introduce Cryptocurrency Services In Singapore By 2025
Robinhood is set to enter the Singaporean cryptocurrency market in 2025, marking a significant expansion of its services beyond traditional stock ...
Singapore’s Abaxx Exchange plans gold futures as precious metal surges
Not all attempts to launch precious-metals products have been successful. Singapore Exchange – which runs the local stock exchange, and also offers futures for commodities including iron ore – started ...
Singapore biotech tycoon Huang Zhenhua has assets frozen over $1.1 billion suit by pharma giant
Wegovy maker Novo Nordisk is accusing Mr Huang and his firm of fraudulent claims over a hypertension drug. Read more at straitstimes.com.
Man on Singapore death row granted stay of execution under new law
SINGAPORE: A Malaysian national was granted a stay of execution on Feb 19, under a new Singapore law that provides clarity on when the death sentence may be carried out after all avenues of appeal ...
Singapore set for multi-year high diesel imports in Feb while exports falter, sources say
Singapore is set to import multi-year high diesel volumes for February, according to data from two shiptrackers and trade sources, as sellers shipped cargoes to Asia's key oil storage hub amid tepid ...
Singapore’s Car Permits, Sovereign Wealth Funds Help Surplus
The Singapore government sourced billions of dollars more than it initially expected from the auction of near-record high car permits, income tax and contributions from its state wealth funds, ...
Grab shares rise after Singapore announces 50% corporate income tax rebate in Budget 2025
SINGAPORE: Shares of Grab Holdings Limited traded higher on Tuesday (Feb 20) after a 50 per cent corporate income tax rebate for Singapore companies in the 2025 ...
Will President Trump propel the crypto industry to new heights or new lows?
US President Donald Trump’s evolving stance on cryptocurrencies — from scepticism in his first term to a pro-innovation approach in his second — has sparked significant debate about the future of the crypto industry.