SINGAPORE] UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. Read more at The Business Times.
Indonesian Billionaire’s Chandra Asri, Glencore Complete Purchase Of Shell’s Singapore’s Assets
Under the deal, which was first announced in May 2024, CAPGC—majority owned by Pangestu’s Chandra Asri Pacific, a major petrochemicals company in Indonesia—will take over Shell’s oil refining and ...
Asian stocks bleed on Monday: Nikkei crashes 4%, Hang Seng down 2%
Asian stock markets tumbled on Monday, tracking Wall Street’s weak close on Friday as concerns over US President Donald Trump's upcoming tariffs rattled investors.
Shell completes Singapore refinery sale to Chandra Asri-Glencore JV
Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, the company said on Tuesday, while trade sources noted that the new owners have ...
OCBC should sell Chulia Street properties so assets can be redeveloped to benefit Singapore
Enable CBD rejuvenation by selling OCBC Centre cluster of buildings for redevelopment Read more at The Business Times.
Oracle’s Pioneering Isolated Cloud Initiative with Singapore
Oracle announced a groundbreaking deal to provide Singapore's defense technology with isolated cloud and AI services. This marks Oracle's first initiative of its kind in Southeast Asia, aiming to ...
Shell completes sale of Singapore refining assets to Chandra Asri-Glencore group
Shell has closed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, following its announcement of the deal last year, the company said in a statement on ...
Singapore Dollar Consolidates Amid Cautious Mood as U.S. Tariffs Loom
The Singapore dollar consolidated against its U.S. counterpart in the Asian session amid a cautious mood as U.S. tariffs loom.
42-year-old Indian man threatens to kill cabin crew on Singapore flight, arrested
An Indian man was arrested after he threatened to kill a cabin crew member on a Singapore-bound flight and otherwise engaged in unruly behaviour while under the influence of alcohol. According to a ...
Public and private property price growth show signs of moderation in Q1 2025
Minister Desmond Lee attributed the slower price growth to an increase in housing supply in both the public and private markets. Read more at straitstimes.com. ( read original story ...)
Singapore’s financial firms prioritize contract roles amidst cautious hiring
Hiring processes have become lengthier as employers consider cultural fit and regulatory compliance. The financial services sector in Singapore continued to remain cautious in their hiring, with an ...
Ascott Expands Pet-Friendly Offerings With lyf one-north Singapore
Singapore joins Citadines Balestier Singapore, Citadines Raffles Place Singapore, and Oakwood Studios Singapore as the latest pet-friendly accommodation, offering exciting pet-related activities for ...
CapitaLand Ascendas Reit completes redevelopment of 1 Science Park Drive in Singapore Science Park’s Geneo cluster
SINGAPORE] CapitaLand Group has completed its S$883 million redevelopment of 1 Science Park Drive, a property situated in Geneo, the life sciences and innovation cluster in Singapore Science Park (SSP ...
Leasehold condos gain ground, profitability gap with freehold shrinks
Such condos, typically with a 99-year tenure, near MRT stations see rising profits as buyers prioritise location. Read more at straitstimes.com. ( read original story ...)
HSBC to provide US$40 million facility for Vietnam infra firm
The SACE Push facility is financed by HSBC Singapore, and LBBW will act as the mandated lead arranger. HSBC Singapore and HSBC Vietnam will act as sole ECA coordinating bank, facility and security ...
DBS, UOB, OCBC chiefs’ salary packages still lag global peers
SINGAPORE] Piyush Gupta, who on Mar 28 stepped down as chief executive of DBS after 15 years at the helm, saw his salary package more than double since the start of his tenure. Read more at The ...