Sunway Bhd’s latest acquisition will beef up its presence in the Singapore property market after it secured another piece of land in the city-state. ( read original story ...)
AGC seeks 20 years for OK Lim’s jail term, defence asks for 7 years
LIM Oon Kuin, founder of liquidated oil trader Hin Leong Trading, could be staring at a jail term of 20 years for his three cheating and forgery charges, if prosecution succeeds in persuading the ...
Prosecutors seek 20 years’ jail for Hin Leong oil tycoon OK Lim, 82
Lim Oon Kuin, once lauded as a successful businessman in Singapore's oil trading industry, was plunged into legal troubles after the sudden collapse of Hin Leong Trading in 2020 amid fraud allegations ...
Singapore SMEs extend expansionary momentum in Q3, buoyed by broad-based growth: OCBC
SINGAPORE’S small and medium-sized enterprises (SMEs) extended their growth momentum for a second consecutive quarter in Q3, according to the latest OCBC SME Index released on Tuesday (Oct 15). Read ...
India less export-oriented, would be relatively unaffected by potential US tariff hikes: Fitch
Fitch said higher trade barriers in the wake of the US elections could pose additional challenges for issuers across multiple credit sectors in Asia-Pacific (APAC).
Chevron Singapore gives customers a smarter, more rewarding way to refuel with the launch of the refreshed CaltexGO mobile app
Chevron Singapore, which operates the retail brand Caltex, has announced the launch of the refreshed CaltexGO mobile app, designed to enhance customer convenience and ...
Rainfall recorded over western Singapore on Oct 14 among the highest in over 40 years
The amount corresponds to 80 per cent of Singapore’s average monthly rainfall in October. Read more at straitstimes.com.
Singapore’s CPF Special Account closure for older workers to take place from second half of January
The closure of the CPF Special Account (SA) for members aged 55 and above will take place from the second half of January 2025 onwards, after changes to the CPF Act were passed in Parliament on Oct 14.
Singapore to invest $107m for Active Ageing Centre infrastructure upgrades
The funding will support over 100 existing AACs. Singapore’s Ministry of Health will invest $107m (S$140m) from FY2025 to FY2027 to enhance and expand Active Ageing Centres (AACs) across the country, ...
Singapore still attractive investment location, drew $5.4 billion in first-half commitments: Gan Kim Yong
The minister was responding to a question about MNCs relocating, downsizing, or retrenching workers in Singapore. Read more at straitstimes.com.
Minimum 15% tax on multinational enterprises will sustain Singapore’s edge: Indranee
CHANGES to Singapore’s tax regime will help to sustain the Republic’s economic competitiveness and provide better support to companies and individuals, while ensuring it stays aligned with ...
Indranee Rajah on Bills to sustain Singapore’s economic competitiveness
Bill and Multinational Enterprise (Minimum Tax) Bill will sustain Singapore’s economic competitiveness and provide better support to businesses and individuals, said Second Minister for Finance ...
GIC, BlackRock snap up Hyundai India shares in record $4.3 billion IPO
Singapore sovereign wealth fund GIC and US asset management giant BlackRock together picked up stakes worth a total of US$77.3 million, while American financial major Fidelity bought shares worth ...
Singapore to block Allianz deal for Income but open to new offer, PM says
Singapore will block a bid by German insurer Allianz to buy a majority stake in Singapore's Income Insurance but remains open to a new deal if its concerns can be addressed, Prime Minister Lawrence ...
Singapore Paincare to invest $1.5 mil in digital transformation to scale healthcare operations
The transformation is set to include the implementation of artificial intelligence (AI), Internet of Medical Things (IoMT), and big data analytics in its clinics nationwide.
Is Bitcoin still the best crypto bet vs. the “Wild West” of altcoins?
With altcoins likened to more speculative bets, investors face tough choices in a rapidly evolving crypto world.