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Posted on 07/05/2024

Amazon Commits $9 Billion to Double Singapore Cloud Investment

Amazon.com Inc. plans to spend $9 billion expanding its cloud computing infrastructure in Singapore, the latest global tech company to boost investment in Southeast Asia.

Posted on 07/05/2024

Singapore’s Public Toilets Taskforce kicks off discussions to clean up dirty loos

A government taskforce to battle dirty public toilets is now in full force. The goal is to improve cleanliness at common toilets, especially those found at coffee shops and hawker centres. The ...

Posted on 07/05/2024

Singapore Stock Market May Find Additional Support On Tuesday

The Singapore stock market rebounded on Monday, one session after ending the three-day winning streak in which it had risen more than ...

Posted on 07/05/2024

Jollibee founder Tony Tan backs hotel SPAC deal despite lull in IPOs

SINGAPORE -- The founder of the Philippine fast-food giant Jollibee, Tony Tan, is throwing his full weight behind the initial public offering of a hotel brand on New York's Nasdaq via a merger with a ...

Posted on 07/05/2024

Singapore shares rise at Tuesday’s open tracking global rally; STI up 0.2%

SINGAPORE stocks entered Tuesday (May 7) morning slightly stronger following overnight gains on Wall Street and Europe brought about by optimism over potential rate cuts by central banks. Read more at ...

Posted on 07/05/2024

2 men convicted in $3b money laundering case deported to Cambodia, barred from re-entering Singapore

SINGAPORE - Two men convicted in Singapore's largest money laundering case were deported to Cambodia on Monday (May 6). Su Wenqiang and Wang Baosen, both 32, will be barred from re-entering Singapore, ...

Posted on 07/05/2024

Singapore Airlines signs historic deal to buy 1,000 tonnes of sustainable jet fuel from Finland’s Neste

Sustainable aviation fuel is made from 100 per cent renewable waste and residue raw materials and cut greenhouse gas emissions by up to 80 per cent, Neste said Singapore said in February it would ...

Posted on 07/05/2024

No shortage of candidates to be Singapore’s next finance minister

DEPUTY Prime Minister Lawrence Wong will soon announce his new Cabinet, a few days before he is sworn in as Singapore’s fourth prime minister on May 15. Read more at The Business Times.

Posted on 07/05/2024

4 Asset Classes That Low-Risk Singapore Investors Can Invest In Now

Singapore investors who aim for a return of between 5% and 7% p.a. prefer four low-risk asset classes, such as fixed deposits and government bonds.

Posted on 07/05/2024

Singapore Firm Pays $1.3M in Bitcoin Over Cyber Attack

The incident follows a ransomware attack on the Singapore Law Society’s private network system in May last year.

Posted on 07/05/2024

Singapore ranks 9th most crypto-friendly country in the world

Singapore ranked 9th amongst the world’s most crypto-friendly countries, with a score of 67.47 out of 100. In Singapore, 11.1% of the population holds crypto assets despite the 61.3% gap in the cost ...

Posted on 07/05/2024

New Singapore PM Wong will bring in a greater degree of openness

Donald Low is a senior lecturer and professor of practice in public policy at the Hong Kong University of Science and Technology. He is also the director ... When Lee Hsien Loong became prime minister ...

Posted on 07/05/2024

Singapore leads APAC in attracting cross-border capital

Overseas investments made up 45.6% of Singapore's capital in 1Q24. Singapore received the highest portion of cross-border capital in Asia-Pacific, receiving US$906m from institutional investors.

Posted on 07/05/2024

Glencore, PT Chandra Asri nears $1bn deal for Shell’s Singapore assets

Indonesia’s PT Chandra Asri Pacific is expected to become operator and majority owner of Shell’s Singapore assets.

Posted on 07/05/2024

HSBC names ex-Citi banker as head of global banking in Singapore

Gilbert Ng has experience in corporate finance and risk management. HSBC has announced Gilbert Ng as the new head of global banking (GB) in Singapore, effective 2 May. Ng is tasked with growing the ...

Posted on 07/05/2024

Crypto.com says it now has more than 100 million global users

Singapore-based digital asset exchange Crypto.com today said that more than 100 million people around the world are now using its services. Per its press release, this milestone was achieved shortly ...

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