Electricity imports are expected to make up a third of the country’s energy needs by that year. Read more at straitstimes.com.
‘Impressed, encouraged by what PM Modi said to all of us’: Blackstone Singapore’s Chairman
Prime Minister Narendra Modi met with Singaporean business leaders to discuss India's reforms aimed at encouraging investment. He announced the creation of an Invest India Office in Singapore and ...
Singapore shares fall as investors await US jobs data; STI down 0.1%
The air of uncertainty saw the benchmark Straits Times Index (STI) drift down a modest 0.1 per cent or 4.19 points to 3,454.47 with gainers easing ahead of losers 211 to 198 on trade of 1.1 billion ...
Parliament to discuss Mobile Guardian breach, extremist preacher and mpox
MP Yip Hon Weng (PAP-Yio Chu Kang) asked how the Immigration and Checkpoints Authority (ICA) mitigates the risk of individuals using fraudulent documents to enter Singapore, and if there are other ...
Singapore’s tycoons see wealth rise in 2024, but still below 2021 peak
Singapore’s wealthiest saw their collective fortune rise over 10 per cent to US$195 billion in 2024, driven by economic growth and stock market gains. Eduardo Saverin, Meta co-founder, led the list with US$29 billion,
For Filipino Catholics in Singapore, Pope’s visit is a time to reckon with changes to their faith
They remain fully behind their pontiff, embracing his call for tolerance and openness. Read more at straitstimes.com.
DBS names Singapore consumer banking head
DBS has appointed Calvin Ong as head of consumer banking for Singapore, effective January 1 2025. He will succeed Jeremy Soo, who will retire from executive duties at the end of the year and stay on ...
UOB makes strong return to GBP covered bond market with GBP750m 3-year issuance
UOB has priced GBP750 million in three-year covered bond due 2027 The covered bond was priced on Thursday 5 Sep at the Sterling Overnight Index Average SONIA Rate plus 53 basis points This is the larg ...
Fierce competition drives Giant to shutter ninth Singapore supermarket this year in Toa Payoh, leaving only 45 nationwide
Supermarket chain Giant will shut its ninth store in Singapore in September 2024 due to intense competition from online retailers and other grocery stores, The Straits Times reported today. According ...
British woman fined US$3,800 for shoplifting spree at Singapore airport
While in transit at Singapore’s Changi Airport waiting for a flight to Bali, a woman went on a theft spree over an hour and forty minutes, filching cosmetics, neck pillows and other items worth more ...
India and Singapore Inks MoU Across Sectors of Semiconductors, Digital Technology
The MoU focuses on collaboration in digital technologies, including cybersecurity, 5G, quantum computing, artificial intelligence (AI) and supercomputing.
Singapore tycoons’ wealth rises 10%, with Eduardo Saverin topping Forbes’ rich list again
SINGAPORE - Singapore’s tycoons saw their collective wealth rise by over 10 per cent to US$195 billion (S$253 billion), from US$177 billion in 2023. But Forbes’ 2024 list of Singapore’s 50 Richest ...
Singapore jails Gurkha Contingent officers for running unlawful cross-border money transfer services
SINGAPORE: Five officers from the Gurkha Contingent (GC), Singapore's most trusted police force division, were sentenced to jail terms after they pleaded guilty to operating unlawful cross-border ...
Tepid take-up of new guidelines on property agent commissions
In November 2023, the Singapore Estate Agents Association (SEAA), an industry group, signed a pact with property agencies to adopt new guidelines, which call for buyer or rental agents to collect ... ( read original story ...)
OCBC’s new digital banking account for children sparks concerns among some Singaporeans
Some Singaporeans fear that young children could become easy targets for scammers as they may lack the maturity to manage digital banking responsibly.
A Guide to Singapore Personal Income Tax
When it comes to personal income taxes, Singapore is among the countries in Asia that has the most favourable rates for individuals and businesses. It follows what is called a progressive income tax ...