In contrast, only one company has debuted thus far in Singapore, which is on track for its lowest annual volume of initial public offerings (IPOs) since 1998. Relative political stability, eased ...
Singapore sets aside S$2.1 billion of green bond proceeds for electric rail expansion in FY2023
SINGAPORE has allocated about S$2.1 billion from its green bond proceeds to finance the expansion of its electric rail network – specifically the Jurong Region Line and Cross Island Line – in its 2023 ...
Citibank to close last branch in Singapore in October amid shift to wealth hubs
Citi currently has three wealth centres here, in Orchard Road, Parkway Parade and Holland Village. Read more at straitstimes.com.
Here are Singapore’s top 10 startups to watch in 2024, according to LinkedIn
From fintech to healthcare, these Singaporean startups have trailblazed their way through economic challenges, achieving incredible growth.
Commentary: Even as Singapore’s population exceeds 6 million, it doesn’t have to feel crowded
A city that is densely populated does not need to feel crowded, says Woo Jun Jie of the Lee Kuan Yew School of Public Policy.
Singapore stocks extend losses despite a broader market rally; STI down 1.1%
The Straits Times Index (STI) declined 1.1 per cent or 39.47 points to 3,583.27, although gainers beat losers 302 to 289 on trade of 1.4 billion securities worth $1.4 billion. Mapletree Pan Asia ...
Singapore’s apex business chamber leads delegation to 21st China-Asean Expo in Nanning
SINGAPORE is continuing its efforts to bolster trade and investment ties with China and Asean countries, with the Singapore Business Federation (SBF) leading a delegation to the China-Asean Expo in ...
5% increase in non-residents propels Singapore’s population to hit record 6 mil in June 2024
For the first time in the nation’s history, Singapore’s total population passed the six million threshold. This landmark milestone was recorded in June by the National Population and Talent Division (NPTD) in its annual Population in Brief (PIB).
DBS moving to raise China securities joint venture stake to 91%, CEO says
DBS Group Chief Executive Piyush Gupta said on Wednesday (Sep 25) it is in the process of increasing ownership in its China securities joint venture to 91 per cent from 51 per cent. The comments came ...
Tax incentives in the Forest City Special Financial Zone could position Johor as a thriving financial hub
Kenanga Research noted that the tax incentives were highly competitive, especially compared to Singapore's corporate tax rate of 17% ...
Singapore places fourth in world financial centres ranking, ahead of San Francisco, Shanghai
New York and London took the top two spots respectively in the latest Global Financial Centres Index released Sept 23. Hong Kong ranked third, reclaiming the position of Asia’s top financial centre ...
Singapore dollar trades at a fresh 10-year high of S$1.28 against the greenback
RECENT weakness in the US dollar has spurred strength in the Singapore currency, a development that spells good news for Singaporeans going on holiday and for importers. At around S$1.28 per US dollar,
Singapore’s war on rats goes futuristic: Thermal cameras and AI to the rescue!
Armed with AI sensors, thermal cameras and cutting-edge surveillance, Singapore is turning its fight against rats into a high-tech showdown that’s straight out of science fiction ...
Singapore stocks declined on Wednesday—STI fell by 0.4%
The Straits Times Index (STI) fell by 0.4%, or 14.52 points, to 3,608.22 by 9:02 am, as reported by The Business Times. In the broader market, 90 stocks gained, while 40 declined after a total of 56.8 ...
Intergenerational co-living: A new housing option for seniors in Singapore?
Such arrangements are growing in popularity as people realise that "seniors and the young do have things that they can learn from each other and can support each other with”, says a researcher. ( read original story ...)
Singapore bank UOB trims Vietnam’s 2024 growth forecast to 5.9% on typhoon Yagi
Singapore-based United Overseas Bank (UOB) has revised down its GDP growth forecast for Vietnam by 0.1 percentage point to 5.9% this year due to the damage caused by super typhoon Yagi.