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Posted on 13/06/2024

Three business leaders in manufacturing awarded national honours for contributions to Singapore

They have significantly expanded the presence of their firms in Singapore, creating good jobs and business opportunities, said EDB chairman. Read more at straitstimes.com.

Posted on 13/06/2024

Singapore court rules mistress can keep US$8 million after death of US lover in Hong Kong

James Eng Jnr, who died in September 2018, had a romantic relationship with Lolita Tsang since 2005, intended to grant Tsang about US$6million in October 2016. ( read original story ...)

Posted on 13/06/2024

Exclusive: Singapore offers carbon tax rebates for refiners near term, sources say

Singapore is offering refiners and petrochemical companies rebates of up to 76% for its planned carbon tax for 2024 and 2025 to help them ease cost stress and remain competitive versus rivals ...

Posted on 13/06/2024

Commentary: As Johor-Singapore SEZ plans accelerate, who stands to benefit?

Singapore has talent and technology; Johor has land and infrastructure, say UOB’s Lim Lay Wah and Tay Xiaohan of the planned Special Economic Zone.

Posted on 13/06/2024

Transforming Singapore’s tourism sector with AI

The global tourism space is transforming and STB's CTO Wong Ming Fai shares some of the latest trends in the market.

Posted on 13/06/2024

Business leaders in manufacturing awarded national honours for contributions to Singapore

PRESIDENT Tharman Shanmugaratnam has conferred national awards on three business leaders from the manufacturing sector for their significant contributions to Singapore, the Singapore Economic ...

Posted on 13/06/2024

Singapore shares rise on lower US inflation, rate-cut possibility; STI up 0.5%

SINGAPORE shares ended higher on Thursday (Jun 13), as markets were encouraged by easing US Consumer Price Index (CPI) figures and the possibility of more interest-rate cuts by the US Federal Reserve.

Posted on 13/06/2024

Singapore stocks open higher again on Thursday—STI rose by 0.6%

SINGAPORE: Singapore stocks opened higher again on Thursday, June 13, following a strong global sentiment after US consumer prices remained steady in May. The Straits Times Index (STI) rose by 0.6%, ...

Posted on 13/06/2024

ETFs, new investment products and a Big Bang IPO

Whatever the case, ETFs are only an intermediate step to attracting more liquidity to the local market. Moreover, ETF issuers like OCBC Securities, Lion Global and Nikko Asset Management have gained a ...

Posted on 13/06/2024

Standard Chartered sets up first global fund management unit in Singapore

The platform aims to set up a series of funds focused on a long-term strategic asset allocation as part of a client’s foundation portfolio.  To deliver unique and hard-to-access strategies, Standard ...

Posted on 13/06/2024

Crypto Sector Ruffled by Slump in Curve Finance Exchange’s Token

The native token of Curve Finance, one of the cryptocurrency sector’s top decentralized exchanges, has tumbled to an all-time low.

Posted on 13/06/2024

Singapore’s H2 recovery hinges on external factors: UOB

Singapore’s economy could stage a meaningful recovery in the second half should the US Federal Reserve start its rate cut cycle, according to UOB.

Posted on 13/06/2024

DBS targeting to grow wealth management assets to S$500 billion within next 2 years

SINGAPORE: DBS Group has set an ambitious goal to increase its wealth management assets to... The post DBS targeting to grow wealth management assets to S$500 billion within next 2 years appeared firs ...

Posted on 13/06/2024

George Yeo raises stakes in Creative Technology and Wilmar International; SGX buys back shares

Former minister George Yeo bought shares at two listed companies where he serves as their respective independent directors. On June 7, Yeo acquired 200,000 Wilmar International F34 - ...

Posted on 13/06/2024

Siltronic Opens $2.2 Billion Wafer Fab In Singapore Amid Booming Chip Demand

Germany's Siltronic has opened a $2.2 billion wafer factory in Singapore as demand for chips used in mobile devices, electric vehicles and data centers increases.

Posted on 13/06/2024

Singapore wants to revive its stock market. Could major Asian markets have the answers?

Could Singapore take lessons from Japan and South Korea’s value up programs to make its exchange more attractive? Analysts weigh in.

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