The company raised $6 mil for 30 cents per placement share in its IPO, and will use about $3.2 mil for enhancement of IT and services, and expansion of showrooms.
Singapore Cuts Growth Expectations Amidst Tariffs
Singapore has been a strong economy for the past few decades, surviving storms like COVID quite well. This is due to their strong investment in finance and technology companies, helping the countries ...
S’pore man returns S$2,250 cash he found in UOB ATM tray, urges people to be more careful
After the man pressed the cancel option, the ATM's tray opened with S$2,250 cash inside. Speaking to Mothership, the man, surnamed Au, shared that he reached the ATM at around 6pm on Apr. 9. His first ...
DBS CEO Tan Su Shan sees ‘silver linings’ for Asia amid trade upheaval
SINGAPORE] US President Donald Trump’s “reciprocal tariffs” may signal the end of an era of free trade and a rules-based global economy, but Asia’s business leaders can still seize new opportunities ...
‘Tailor-made for crime’: Singapore’s Shanmugam warns US tariffs could spark job losses, social unrest in Singapore
The imposition of broad US tariffs risks undermining global security by disrupting international norms and forcing countries to prioritise self-reliance, Singapore’s Home Affairs Minister K. Shanmugam ...
Singapore Stocks Tipped To Open In The Green
(RTTNews) - The Singapore stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had added almost a dozen points or 0.3 percent. The Straits ...
Singapore PM on relations with big powers, US tariffs and the future of the greenback
SINGAPORE: Singapore's foreign policy approach is to have many best friends, including the US, China and Europe, and the city state does not want a world where it can have only one friend, said Prime ...
OCBC Centre is ‘anchor’ for the bank; no plans to sell heritage site: board chairman
SINGAPORE] OCBC has no plans to sell its properties in Singapore’s central business district – and this includes the OCBC Centre, which has heritage value for the lender, said board chairman Andrew ...
‘Fallacy’ to say OCBC does not know insurance business: board chairman
SINGAPORE] It will be a fallacy to say that OCBC does not know the insurance business, given that its insurance arm, Great Eastern Holdings (GEH), has been associated with the banking group for the ...
Ageing population drives demand for wellness services in Singapore
SINGAPORE: With around one in four Singaporeans expected to be aged 65 and above by 2030, there is increasing demand for wellness services and offerings. Developers and investors are seeking to ...
NTU Singapore receives S$110 million gift from UOB and Wee Foundation which will support new educational initiatives
UOB and the Wee Foundation have pledged a combined gift of S$110 million to Nanyang Technological University, Singapore (NTU Singapore). With ...
Singapore’s March exports ease to analysts’ surprise; forecast tipped for downgrade
In February, it maintained its forecast range at 1 to 3 per cent. UOB associate economist Jester Koh noted that Singapore’s NODX momentum plummeted at the height of the US-China trade war during Trump ...
Singapore to expand trade pacts, push WTO reform amid escalating US-China tensions: DPM Gan
SINGAPORE] Singapore will expand trade ties, forge new alliances and push to reform the World Trade Organization (WTO) in response to escalating global trade tensions, said Deputy Prime Minister Gan ...
Singapore Airlines announces $34m investment to Changi Airport lounges
The project to improve customer experience at the airline's main hub starts now and is expected to finish by mid-2027.
Singapore’s Export Growth Slows as Tariffs Cast Shadow Over Outlook — Update
Potential U.S. tariffs on pharmaceutical and semiconductor products, uncertainty surrounding trade negotiations and the escalating trade war between the U.S. and China can all hurt Singapore's exports ...
OCBC Cycle 2025, scheduled for election weekend, to go virtual due to ‘limited’ security resources
The organiser of the mass cycling event cited constraints on security and road closures on the weekend of May 3, when Singapore heads to the polls.