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Tag: finance

Posted on 09/01/2025

Singapore SMEs sustain expansionary momentum in Q4, led by trade-related sectors: OCBC

SINGAPORE’S small and medium-sized enterprises (SMEs) extended their expansionary streak into the fourth quarter of 2024, according to the latest OCBC SME Index released on Thursday (Jan 9). Read more ...

Posted on 09/01/2025

Johor-Singapore SEZ could be ‘game changer’ for SMEs, but details on support needed: OCBC

THE Johor-Singapore Special Economic Zone (SEZ) could be a “game changer” for Singapore’s small and medium-sized enterprises (SMEs) that enter the zone as suppliers to the multinational corporations ...

Posted on 09/01/2025

UOB Kay Hian ups Digital Core REIT’s TP to 99 US cents, says positive developments were ‘overlooked’

Analyst Jonathan Koh expects a downtown of six months for Linton Hall Road and a new tenant to start contributing in 1Q2026.

Posted on 09/01/2025

Investment banking fees generated in Singapore in 2024 grew 14% y-o-y to US$660.6 mil: LSEG

The growth was fuelled by equity capital markets growing to US$108.7 million, a 42% increase, matched by a similar surge in debt capital markets fees, which also climbed 42% to US$106.4 million.

Posted on 09/01/2025

Why Singapore is leading the crypto revolution

Singapore has blended tradition and innovation. Even the best Swiss watch can’t tick forever without a little quartz-like ingenuity ...

Posted on 09/01/2025

Singapore’s OCBC Launches Sale of Tokenized Bonds to Corporate Accredited Investors

OCBC says that it has become the first bank in Singapore to launch the sale of tokenized bonds to corporate accredited investors (corporate AIs).

Posted on 09/01/2025

UOB Kay Hian reiterates “buy” on SingPost as divestments stay on track

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.

Posted on 09/01/2025

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.

Posted on 09/01/2025

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.

Posted on 08/01/2025

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 ...

Posted on 08/01/2025

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.

Posted on 08/01/2025

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.

Posted on 08/01/2025

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 ...

Posted on 08/01/2025

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.

Posted on 08/01/2025

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.

Posted on 08/01/2025

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 ...

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