Lavin said that “we’re in for a bit of bad news in the near term,” adding that the tariffs will also hurt the auto industry in the U.S.
OCBC analyst raises DBS target price to S$50 after bank’s S$11.4B net profit in FY2024
SINGAPORE: OCBC Investment Research (OIR) analyst Carmen Lee raised her target price for DBS to S$50 after the bank posted an S$11.4 billion net profit for FY2024, an 11 per cent increase from the ...
11,000 employers on Iras auto-inclusion scheme failed to file on time in 2024
SINGAPORE – Some 11,000 employers or one in 10 on the tax authority’s auto-inclusion scheme (AIS), which allows employees to enjoy pre-filled tax returns, missed the deadline in 2024. This caused ...
Singapore Detains Teenager Radicalised by Far-Right Extremism
An 18-year-old Singapore student who was radicalised by violent far-right extremism online and who idolised the gunman behind deadly attacks on two mosques in New Zealand has been detained under the ...
Singapore’s Temasek-Backed Sponsor Plans to Take Retail REIT Private in $2 Billion Deal
Singapore's Temasek-backed sponsor of Paragon REIT offered to take the retail investment trust private, valuing it at more than $2 billion, in a bid to renovate its flagship shopping mall in the heart ...
The Full List of Digital Banks in Singapore and Their Top Benefits (2025)
ANEXT Bank claims to be the “Singapore’s first digital bank for SMEs”, and allows businesses to open an account with no setup or annual fees nor minimum balance maintenances. Its multi-currency ...
Trump tariffs are ‘punitive,’ former U.S. ambassador to Singapore says, warns of U.S. job losses
Lavin said that "we're in for a bit of bad news in the near term," adding that the tariffs will also hurt the auto industry in the U.S.
StanChart Unveils ‘SC PrismFX’ for Global Foreign Exchange Payments
Standard Chartered has launched SC PrismFX, a new suite of cross-currency transactional foreign exchange (FX) solutions.
Singapore Dollar Weakens Amid Rising Global Trade Tensions
The Singapore dollar weakened against its U.S. counterpart amid rising global trade tensions that typically undermine risk appetite.
HSBC buys stake in Singapore EV charging operator SP Mobility
THE asset management arm of HSBC has acquired a stake in Singapore electric vehicle (EV) charging point operator SP Mobility. A joint statement issued on Tuesday (Feb 11) did not elaborate on the size ...
Singapore Says Deeper Emissions Cuts Will Need New Technology
Singapore aims to extend cuts to greenhouse gas emissions through 2035, though warned progress will depend on successful development of new technologies and continued global cooperation on areas like ...
Singapore to deport Iranian, Malaysian husband PR over travel agency accused of facilitating entry of terrorist suspects
Singapore has announced that it will deport an Iranian woman and her Malaysian husband after their travel agency was accused of sponsoring visa applications for terrorist suspects. The Straits Times ...
Singapore to deport Malaysian PR and his Iranian wife over national security concerns
A Malaysian PR and his Iranian wife will be deported and banned from entering Singapore after they were discovered to be engaging in activities that threaten Singapore's security. The long-term visit ...
Pay with crypto to party and travel? Some younger consumers prefer this, but growth is slow
Some merchants are looking to ride on the crypto payments wave but analysts say the pick-up is slow. Read more at straitstimes.com.
Singapore shares rise on Tuesday; STI up 0.3%
SINGAPORE shares began Tuesday (Feb 11) trading in positive territory with markets abroad ended Monday clocking wins as the threat of steel and aluminium tariffs promised by US President Donald Trump ...
Manulife names Benoit Meslet as new Singapore CEO as insurer reshuffles Asia leadership team
Mr Meslet takes over from Mr Khoo Kah Siang on June 1, pending regulatory approval. Read more at straitstimes.com.