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Tag: business

Posted on 09/05/2025

Frasers Property H1 profit rises 147.6% to S$142.2 million on tax reversal

SINGAPORE] Frasers Property posted a 147.6 per cent jump in net profit to S$142.2 million for the first half ended Mar 31, 2025, from S$57.4 million in the year-ago period. Read more at The Business ...

Posted on 09/05/2025

GSR’s Josh Riezman on Regulation, Risk, and Readying Crypto for the Next Phase

The market-maker, investor and asset manager aims to be a “one-stop shop for market participants,” says its Chief Strategy Officer. Riezman is a speaker at Consensus 2025 May 14-16.

Posted on 08/05/2025

Weakening US dollar expected to yield mixed impact for Singapore companies with significant exposure

SINGAPORE] Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the world’s largest economy. But market watchers warn that ...

Posted on 08/05/2025

Asian banks see big boost to wealth business as currencies rally

By Selena Li, Yantoultra Ngui and Anton Bridge HONG KONG/SINGAPORE (Reuters) -A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to U.S ...

Posted on 08/05/2025

Sea rebrands its fintech arm to Monee, a ‘cute’ name for an increasingly important business

The tech giant’s fintech division, formerly known as “SeaMoney”, will now get a much shorter title: Monee. The rebranded division will oversee the tech company’s two digital banks—MariBank in ...

Posted on 08/05/2025

Singapore stocks end lower as investors keep eye on tariff negotiations; STI down 0.4%

Venture Corp is top gainer on the index; Mapletree Logistics Trust ranks bottom. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/05/2025

Singapore’s Sea bets on fintech growth with new headquarters

SINGAPORE -- Singaporean tech group Sea on Wednesday opened its new global headquarters for digital financial services, signaling a deeper push into the growing fintech business as the company ...

Posted on 08/05/2025

Tech giant Sea opens new digital finance headquarters in Singapore

SINGAPORE: Tech company Sea Limited on Thursday (May 8) opened its new headquarters in Singapore for its digital financial services business. The company runs digital financial platforms including ...

Posted on 08/05/2025

Sea Limited opens new 10-floor HQ in Singapore for its fintech unit

Sea Limited has opened a 10-floor HQ in Singapore for its fintech unit SeaMoney, which has now been rebranded to Monee.

Posted on 08/05/2025

Singapore’s Bank DBS First-Quarter Net Profit Drops 2%, but Beat Forecasts

SINGAPORE (Reuters) -DBS Group, Singapore's biggest bank, posted on Thursday a 2% fall in net profit in the first quarter from a year earlier, the first drop since the first quarter of 2022, mainly ...

Posted on 08/05/2025

Singapore bank DBS first-quarter net profit drops 2% on-year

DBS Group , Singapore's biggest bank, posted on Thursday a 2% fall in net profit in the first quarter from a year earlier, the first drop since the first quarter of 2022, mainly due to higher tax ...

Posted on 08/05/2025

Singapore sets up new GasCo entity, appoints chief executive, says regulator

Singapore's energy regulator said on Wednesday the country has established a fully government-owned entity called Singapore GasCo to centralise the procurement and supply of gas to the power sector in ...

Posted on 08/05/2025

Singapore-Pacific Alliance FTA offers firms, investors a stable environment to grow: Alvin Tan

Minister of State for Trade and Industry Alvin Tan says the free trade agreement (FTA) between Singapore and Pacific Alliance offers businesses and investors a stable environment to grow. The FTA ...

Posted on 07/05/2025

Bitcoin gains as crypto investors bet on positive US-China trade talks

The rally followed news that the US treasury secretary and trade representative will meet with the Chinese government in Switzerland this week.

Posted on 07/05/2025

Singapore’s 6 billionaires under 50 boast nearly $20B in net worth

Only six of Singapore’s 49 billionaires are under 50, but they collectively hold a US$19.8 billion in wealth, according to Forbes’ 2025 ranking.

Posted on 07/05/2025

Credit Suisse agrees to pay over US$510M in US tax case involving Singapore accounts

The bank was sentenced for conspiring to conceal over US$4 billion from the US Internal Revenue Service (IRS) across at least 475 offshore accounts, which were maintained by the Swiss bank in ...

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