Singapore's biggest bank DBS Group posted on Thursday a record net profit in the third quarter, but forecast 2025 net profit to be below 2024 levels because the city-state is introducing a global ...
Singapore bank DBS Group’s third-quarter net profit jumps 15% on year to record high
DBS Group , Singapore's biggest bank, posted on Thursday a 15% jump in net profit in the third quarter from a year earlier to a record high of S$3.03 billion ($2.27 billion) driven by total income ...
Changi Airport Group’s $273 million runways and taxiways investment tax break appeal gets denied by High Court
The decision stresses a key differentiation in tax law between physical infrastructure and operational equipment ...
Yields Soar as Likely Trump Win Stirs ‘Bond Vigilantes’
Treasury yields surged once it became clear Trump had considerably improved on his 2020 election performance against Joe Biden. The two-year yield peaked at 4.312%, its highest since August, and last ...
Singapore Announces Plans To Introduce Autonomous Vehicles For Public And Logistics Use
Singapore’s Transport Minister Chee Hong Tat said that autonomous vehicle AV is the future and that the technology can be scaled and used along fixed routes.
CIIE: Singapore firms take long-term view towards Chinese market
SHANGHAI: Singapore firms take a long-term view towards China, a market with huge potential and growing sophistication, and regard investing in the country as a long game, according to the Singapore ...
Singapore crypto exec fired over alleged drink spiking during job interview at HK bar
SINGAPORE, Nov 6 — A Singaporean man has been dismissed from his roles at two crypto firms following allegations of drugging a woman he was interviewing for a job. Singapore media site AsiaOne ...
What lies ahead for Singapore’s medical device market?
The sector will benefit from rising healthcare expenditure driven by an ageing population. Singapore’s medical device market is projected to rise at a compound annual growth rate of 7.5% in local ...
Asia’s export-driven economies brace for upheaval under Trump
Former US president’s proposals for sweeping tariffs threaten to hobble exports that drive the region’s growth.
World Precision expects loss after tax for 3QFY2024 in profit guidance
The group adds that it also expects a loss after tax for the full-year FY2024 period ending Dec 31. Shares in World Precision Machinery closed flat at 27.5 cents on Nov 5.
USDG: Global Dollar Network Launches Singapore-Based Stablecoin with Robinhood, Kraken Partnership
Seven major crypto companies launched USDG, a Singapore-based stablecoin that will share 97% of reserve earnings with network participants while competing against established players Tether and USDC.
Retail sales in Singapore up 2% in September, boosted by motor vehicle sales
SINGAPORE – Retail sales here went up in September ... Major sporting events, popular concerts, business travel, and meetings, incentives, conventions and exhibitions could support retail sales while ...
Four Singapore shipping companies sanctioned by the US over Russian ties
The US State Department said the LNG Alpha Shipping, LNG Beta Shipping, LNG Delta Shipping, and LNG Gamma Shipping, all companies registered in Singapore, are majority owned by New Transshipment FZE, ...
Only 4 in 10 Singapore firms see AI as fully transformative
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ...
Monetary Authority of Singapore to Drive Tokenized Asset Growth with Industry Partnerships and New Frameworks
Singapore’s MAS has published two frameworks to advance tokenization in the country. The financial authority aims to build a supportive system where different market tools and platforms work well ...
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
The USDG stablecoin is issued out of Singapore by Paxos, and is broadly in line with the Monetary Authority of Singapore's upcoming stablecoin ...