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Tag: business

Posted on 03/03/2025

CDL no longer Singapore’s largest listed developer as shares close down 2.3% after trading resumption

The firm says it is “business as usual” amid a battle for board control between its chairman and his CEO son. Read more at straitstimes.com.

Posted on 03/03/2025

ST Engineering drives gains for Singapore shares on Monday; STI up 0.3%

SINGAPORE stocks ended higher on Monday (Mar 3), tracking gains on Wall Street. Read more at The Business Times.

Posted on 03/03/2025

How Singapore is supporting businesses and workers amidst global uncertainties: PM Wong’s Budget 2025 round-up speech

Prime Minister and Minister for Finance Lawrence Wong also addressed two other major concerns, such as whether Singapore has become overly conservative in its fiscal projections and plans, especially ...

Posted on 03/03/2025

Nominations open for EY Entrepreneur of the Year 2025 awards in Singapore

Ernst & Young (EY) is now taking in nominations for its Entrepreneur of the Year (EOY) 2025 awards in Singapore. Nominations for the 24 th edition of the awards will open till April 1.

Posted on 03/03/2025

Singapore probes suspected breach of US export controls on Nvidia chips

Singapore has charged three men in a case suspected to involve Nvidia semiconductor sales that potentially breach US export controls, the government announced on Monday.

Posted on 03/03/2025

Chips allegedly moved through Singapore were headed for Malaysia; final destination under investigation: Shanmugam

Law and Home Affairs Minister K Shanmugam said Singapore’s investigations were carried out independently and not requested by the US, which has placed export controls on the chips.

Posted on 03/03/2025

Servers Used in Singapore Fraud Case May Contain Nvidia Chips, Minister Says

Singapore's Home Affairs and Law Minister K Shanmugam told reporters on Monday that the servers involved in the case were supplied by Dell Technologies and Super Micro Computer before they were sent ...

Posted on 03/03/2025

Singapore’s CDL Loses Biggest Developer Spot After Feud

Singapore’s largest listed developer after its stock fell on Monday, underscoring investors’ concern about the family feud unfolding in public. Shares of the Singapore-based developer fell as much as ...

Posted on 03/03/2025

CDL lifts trading halt amid boardroom tussle, says ‘business as usual’

It had called for a trading halt on Feb 26 in view of the falling-out between Kwek Leng Beng and his son Sherman. Read more at straitstimes.com.

Posted on 03/03/2025

CDL shares to resume trading; company says it’s “business as usual”

SINGAPORE: The trading halt on shares of City Developments Limited (CDL) is being lifted on Monday (Mar 3) with the company saying it's "business as usual" after the boardroom leadership tussle ...

Posted on 03/03/2025

Robinhood to Launch Crypto Services in Singapore by 2025

Market experts predict that if Robinhood successfully establishes itself in Singapore, it may expand to other Asian markets, further solidifying its presence in the global crypto ecosystem.

Posted on 02/03/2025

High-stakes father-son feud rocks Singapore property giant

A high-stakes father-and-son feud has plunged Singapore property giant City Developments Ltd (CDL) into turmoil, with the private boardroom dispute of one of the city-state's wealthiest families ...

Posted on 02/03/2025

More Singapore firms keen to explore new markets like Central Asia: SBF

An agreement between Singapore and Kazakhstan aims to pave the way for Singapore firms to expand business operations there. The Singapore Business Federation says there is a growing number of firms ...

Posted on 02/03/2025

3 Men Charged In Singapore Amid US Export Crackdown Of Nvidia Chips To China

Three men were charged with fraud in Singapore on Thursday following raids linked to the alleged illegal movement of Nvidia chips to China, bypassing U.S. export controls. The men were among nine ...

Posted on 01/03/2025

Singapore stocks fall in line with regional bourses as US trade tariff concerns re-emerge

SINGAPORE - Singapore stocks fell in tandem with other regional markets on Feb 28 as investors reassessed the potential impact of tariffs imposed by US President Donald Trump. The Straits Times Index ...

Posted on 01/03/2025

Over 50 travellers nabbed for failing to declare cash, pay taxes at Singapore checkpoints

SINGAPORE: More than 50 travellers were caught for carrying undeclared cash and engaging in other illegal cross-border activities during a week-long operation at Singapore's checkpoints.

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