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Posted on 04/02/2025

Singapore’s DBS finds seat on table as MNCs start to look away from China

DBS Group Holdings Ltd. may want to purchase 29 per cent of Alliance Bank Malaysia Bhd., one of the country's smallest publicly traded banks, from its top investor ...

Posted on 04/02/2025

WazirX Creditors to Decide on Restructuring Plan After $235M Hack

WazirX creditors to vote on restructuring plan after $235 million hack. Approval could lead to swift recovery, rejection may cause delays.

Posted on 04/02/2025

Singapore Establishes Controls on ‘Race-Based’ Business Groups

Singapore’s parliament passed a bill establishing controls on “race-based” business groups and clan associations that is aimed at safeguarding racial harmony and curbing foreign influence in the ...

Posted on 04/02/2025

Singapore set for manufacturing boom, and stay positive on banks

IN LATE 2023, we projected 4 per cent for Singapore’s 2024 gross domestic product growth, which was notably more optimistic than the government’s initial 1 to 3 per cent forecast. Read more at The ...

Posted on 04/02/2025

Singapore’s Syfe makes A$65 million bid for Australian investing platform SelfWealth

SINGAPORE-BASED digital wealth platform Syfe on Tuesday (Feb 4) said it made a non-binding indicative offer to acquire SelfWealth, an Australia-listed digital investing platform, for A$65 million ...

Posted on 04/02/2025

Global markets shaken as Trump’s tariffs send shockwaves through Singapore’s economy

The surprise tariff announcement led to a significant global market sell-off, with stocks, bonds, and industrial commodities such as iron ore and copper all taking a hit. Mansoor Mohi-uddin, chief ...

Posted on 04/02/2025

Sovereign Wealth Funds Betting on Crypto: Who’s Buying Bitcoin and Crypto Stocks

Sovereign wealth funds worldwide are ramping up investments in cryptocurrency and blockchain technology. Several funds hold indirect Bitcoin exposure through investments in companies like ...

Posted on 04/02/2025

Trump’s tariffs and their ripple effect on Singapore’s economy

Analysts say the impact would be cushioned by other factors, but could worsen if more countries are targeted by US tariffs.

Posted on 04/02/2025

Singapore bucks regional showing as Trump defers tariffs on neighbours; STI slips 0.09%

SINGAPORE blue chips failed to sustain the momentum at market open on Tuesday (Feb 4) with the benchmark index Straits Times Index (STI) down 3.46 points or 0.09 per cent lower at 3,823.01 at the ...

Posted on 04/02/2025

Majority of Singapore SMEs plan to invest in GenAI solutions: DBS survey

MORE than seven in 10 Singapore small and medium-sized enterprises (SMEs) are investing in generative artificial intelligence (GenAI) solutions to stay competitive amid macroeconomic uncertainty, DBS’ ...

Posted on 04/02/2025

Singapore to spend S$150 million on drainage projects in 2025 to improve flood resilience

Minister for Sustainability and the Environment Grace Fu says it's “neither practical nor prudent” to continuously expand Singapore’s drainage infrastructure due to the lack of land.

Posted on 04/02/2025

Man accused of killing cat allegedly stabbed four more in Toa Payoh, Singapore

SINGAPORE: A man who allegedly killed a cat in October 2024 is now accused of stabbing and injuring four more cats in Toa Payoh.

Posted on 04/02/2025

India among top three countries on Singapore’s tourist list in 2024

India has emerged as one of the top three markets for visitor arrivals in Singapore with 1.2 million Indians visiting the city-state in 2024, the tourism board here said on Tuesday.

Posted on 04/02/2025

Singapore unlikely to be hit by direct US tariffs, but may still be impacted: Vivian Balakrishnan

SINGAPORE - Singapore is not expected to be hit by trade tariffs from the United States, but still stands to be indirectly impacted as it is a small and open economy, said Foreign Minister Vivian ...

Posted on 04/02/2025

Singaporean golfer Shannon Tan gets sponsor invite to play at HSBC Women’s World Championship

Chen Xingtong is also competing, making it the first time that S'pore has 2 players in the LPGA event. Read more at straitstimes.com.

Posted on 04/02/2025

Tokenized RWA markets return to ATH levels as tokens lead crypto recovery

Real-world asset tokenization markets have returned to their all-time high in terms of value tokenized onchain as related RWA tokens led crypto market recovery on Feb. 3. The total value locked ...

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