SingPost is expected to continue divesting its non-core assets and businesses even though the timeline and schedule of future sales may be impacted as the new management executives take over.
Phaos Technology Readies U.S. IPO, But Valuation Is Expensive
Phaos Technology Holdings' IPO is excessively priced, with significant risks and a small revenue base. Explore more details here.
DBS shares hit S$45 for the first time
Shares of Singapore’s biggest bank DBS reached S$45 for the first time on Wednesday (Jan 8). Read more at The Business Times.
Singapore Passes Bill That Lets Police Control Bank Accounts
Singapore’s parliament has passed a law allowing the police to control the bank accounts of individuals who are suspected to be the targets of scams, after the number of cases surged in the city-state ...
Woman jailed in Singapore after bank account linked to her received nearly S$4.8mil in scam proceeds
SINGAPORE: In need of money, a woman who was just released from prison agreed to share her Singpass details with another person as she was promised she would receive S$60,000 annually.
Singapore shares climb on Wednesday; STI up 1.5%, led by banks, Yangzijiang Shipbuilding
Yangzijiang Shipbuilding is most traded by volume, while DBS’ counter breaches S$45 for the first time Read more at The Business Times.
Why is Singapore allowing police to take over people’s bank accounts?
Singapore has introduced a new law empowering police to freeze the bank accounts of scam victims as a last resort to curb rising financial fraud. With scam losses hitting record highs, the Protection ...
Micron’s $9.5b chip plant to give Singapore foothold in AI space; will create up to 3,000 jobs
Operations are scheduled to start in 2026 with the expansion of packaging capacity beginning in 2027. Read more at straitstimes.com.
Micron To Build $7 Billion Advanced Chip Facility In Singapore Amid AI Boom
Micron Technology is investing $7 billion to build an advanced chip packaging facility in Singapore as the semiconductor giant expands its capacity to cater to booming demand for AI chips.
Micron’s $9.5b chip plant in Woodlands to drive Singapore’s AI growth, create up to 3,000 jobs
Singapore can be expected to play a larger role in developing complex artificial intelligence (AI) applications when Micron's new $9.5 billion high-bandwidth module (HBM) advanced packing facility in ...
Over 8,700 bank customers saved from losing $73m to conmen due to joint effort by police and 6 banks
This was the six joint operation in 2024 between the police and the banks to combat scams. Read more at straitstimes.com.
KPMG and SID prioritise innovation and green transition for Singapore businesses in Budget 2025 proposal
A central focus of the proposal is advancing sustainability, with a call for businesses to adopt greener practices through the establishment of national frameworks, grants, and detailed reports.
Overall softness in Singapore retail sector, but premium groceries hold long-term prospects: DBS
DBS Group Research has identified DFI Retail Group and Thai Beverage (ThaiBev) as the top stock picks within the Singapore retail sector for positive near-term business outlook with added corporate ...
DBS shares reach S$45 for the first time
Shares of Singapore’s biggest bank DBS soared to S$45 for the first time on Wednesday (Jan 8). Read more at The Business Times.
Malaysia-Singapore economic zone to offer tax rates as low as 5%
The Johor-Singapore Special Economic Zone is nearly twice the size of Shenzhen, whose success it is hoping to emulate.
Johor-Singapore economic zone seen attracting regional firms: OCBC
OCBC has welcomed the signing of the Johor-Singapore Special Economic Zone agreement by Malaysia and Singapore.