SINGAPORE stocks closed on Friday (Nov 29) in the black, as global markets appeared to take Donald Trump’s impending presidency with cautious optimism. The benchmark Straits Times Index (STI) gained 0 ...
Singapore’s Aging Population Poses Economic Pressure Even as Labor Market Improves
The city-state’s labor force participation fell further in 2024, the ministry said, citing aging workers and slowing residential population growth.
Inside Singapore’s animation industry ‘bloodbath’: Why some animators say there is still hope
Despite the global downturn in the industry, Singapore studios are still giving it their best shot. Read more at straitstimes.com.
HSBC pulls back credit card business in China: Reuters
China is a relatively small market for HSBC’s credit card business. The gross carrying amount in this segment was just US$287 million, or about 1% of the global total last year.
Suntec REIT biggest beneficiary from MAS’s ‘looser’ leverage, ICR rules: OCBC
S-REITs are now subject to a single aggregate leverage limit of 50% and a minimum interest coverage ratio (ICR) of 1.5 times.
DBS, EnterpriseSG and IMDA launch gen AI programme to help up to 50,000 SMEs adopt tech
The programme, called Spark GenAI, will help SMEs understand gen AI use cases in areas like customer engagement and marketing.
DBS gets approval to raise China securities JV stake to 91%
Singapore-based DBS Group has obtained regulatory approval to increase its stake in DBS Securities China to 91 percent, up from 51 percent, Shanghai Securities News reported on Tuesday. The ...
DBS, EnterpriseSG, IMDA programme to help SMEs leverage generative AI
DBS, in partnership with Enterprise Singapore (EnterpriseSG) and the Infocomm Media Development Authority (IMDA), has designed a programme that aims to raise awareness of generative artificial ...
One-time property tax rebate of up to 20% for owner-occupiers in 2025 to cushion cost-of-living pains
The government will give a one-off property tax rebate of up to 20 per cent for owner-occupied residential properties in 2025, said the Ministry of Finance (MOF) and Inland Revenue Authority of ...
Taiwanese pork approved for export to Singapore
After a 15-year hiatus, fresh Taiwanese pork may once again be exported to Singapore, the Ministry of Agriculture announced today. The Singapore Food Agency approved fresh pork produced by the ...
Singapore hangs 4th person in three weeks
Singapore hanged a 35-year-old Singaporean-Iranian man for drug trafficking on Friday, its fourth in less than a month, despite appeals from Tehran to "reconsider" his execution. So far this year, ...
Singapore hotel performance slips in post-F1 October
SINGAPORE - Singapore hotels’ performance slipped in October, following highs in September when the Formula One (F1) night race came to town, Singapore Tourism Board (STB) data showed on Nov 29. This ...
Singapore Airlines A380 Rolls Back At Delhi Airport After Pilots Allegedly Forgot To Apply Parking Brake
At Indira Gandhi International Airport (DEL) in New Delhi, a Singapore Airlines Airbus A380 arrived from Singapore on Monday night and rolled back from the gate after pulling in. The pilots forgot to ...
Resilient UOB relishes regional role
In Thailand’s highly competitive banking industry, UOB has proven its resilience as a foreign bank over the past 25 years thanks to a strong Southeast Asian network, brand strength and its ability to ...
Singapore man jailed 15 months for bomb hoax targeting DBS HQ over credit card woes
A Singaporean man was sentenced to 15 months in jail yesterday for making false bomb threats involving the DBS headquarters in Marina Bay earlier this ...
DBS Remains a Buy on Comfortdelgro (CDGLF)
DBS analyst Zheng Feng Chee maintained a Buy rating on Comfortdelgro (CDGLF – Research Report) today and set a price target of S$1.80. The ...