PT Marubeni Global Indonesia has inked a memorandum of understanding (MoU) with Singapore’s Tuas Power to export green electricity to the city state. The 9$-billion project would unfold in two phases, ...
Singapore shares fall on Wednesday, STI down 0.2%
Genting Singapore was the STI’s top gainer, rising 3.6 per cent to 85.5 cents, while UOL led the losers, falling 2.9 per cent to $5.73. The local banks were mixed. DBS closed flat at $33.15, while UOB ...
Genting Singapore (SGX: G13) shares up 4% – Rival’s results boost hopes
Genting Singapore (SGX: G13) results are due in a few weeks. There’s a run up in G13 shares before that. The basis of this is that the shares of a major rival, Marina Bay Sands, have been doing well ...
J.P. Morgan targets non-US expansion with plans to bank unicorns in Singapore
Move could yield opportunities to continue banking such companies as they mature and grow. Read more at straitstimes.com.
Triple-A gets funding from Peak XV to help more businesses use crypto
Created by the founder of Thunes, global digital currency payments institution Triple-A wants to close the gap between traditional finance and blockchain-based payments with its white-label solutions ...
Singapore’s hospitality sector closes first ever investment deal of the year in Q3
It’s a deal worth over S$500m for the sale of PARKROYAL on Kitchener Road. In Q3/2023, Singapore’s hospitality sector witnessed the first transaction year-to-date, contributing S$525.0 million or 7.4% ...
Trip.com Group Holds Global Partner Summit in Singapore, Celebrates Growth and Welcomes Collaboration
Leading travel service provider Trip.com Group held its Global Partner Summit in Singapore, inviting guests from across the travel industry, including accommodation, airline and destination marketing ...
Singapore’s Sembcorp unit signs green hydrogen export deal
Sembcorp Industries on Tuesday said its unit, Sembcorp Utilities, had signed a deal to explore the feasibility of green hydrogen production in Indonesia for export to Singapore. The green hydrogen ...
Singapore stocks rise amid mixed regional showing, STI up 1%
SINGAPORE - Singapore stocks broke a four-day losing streak amid a mixed showing in Asian bourses on Tuesday. The Straits Times Index (STI) rose 1 per cent or 30.52 points to 3,083.88. Across the ...
Singapore expands low-carbon power import agreements
SINGAPORE, Oct 24 (Reuters) - Singapore on Tuesday announced conditional approval for Sembcorp Utilities (SCIL.SI) to import 1.2 gigawatts (GW) of electricity from Vietnam, the city-state's latest ...
Singapore’s City Energy eyes hydrogen imports from Malaysia by 2027
Singapore's City Energy said on Tuesday it will conduct a feasibility study with Gentari, Petronas' renewables unit, on a proposed pipeline to export hydrogen from Malaysia to the city state, with a ...
Singapore to import 1.2GW of low-carbon energy from Vietnam
SINGAPORE (The Straits Times/Asia News Network): Singapore will import 1.2 gigawatts (GW) of low-carbon electricity – primarily wind power – from Vietnam, which will fulfil the Republic’s target of ...
Singapore firms to tap Chinese market potential with strong CIIE presence
The Singapore Business Federation (SBF) will attend China's landmark imports expo for the sixth time in November, leading a business delegation ...
The history and evolution of Singapore’s road pricing systems
The Business Times takes a look at the history of road pricing in Singapore. Road pricing is the practice of levying direct charges for the use of roads, the most common example of this being highway ...
Singapore Firm Strikes Cross-border Digital Yuan Deal with Chinese Bank
A Singaporean payments firm has sealed a “cross-border” digital yuan cooperation deal with a major Chinese bank, in another breakthrough for the CBDC.
S’pore to import 1.2GW of low-carbon energy from Vietnam to help meet renewable imports target
The imports could potentially constitute 10 per cent of Singapore’s annual needs. Read more at straitstimes.com.