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Tag: finance

Posted on 25/05/2025

Badminton player Loh Kean Yew a ‘role model’ for children at HSCB event

SINGAPORE] A smash and sharp drop were some of the moves made at the Singapore Badminton Hall East Coast @ Expo on Saturday (May 24). Read more at The Business Times.

Posted on 25/05/2025

Reit privitisation unsurprising amid higher-for-longer interest rates, but investment opportunities remain: SGX equities head

SINGAPORE] Real estate investment trusts (Reits) being taken private is unsurprising as the sector is facing some challenges, but investment opportunities are still there for those “willing to look ...

Posted on 25/05/2025

Billionaires, tycoons choose Singapore to set up charity foundations

Some of the richest people in the world, such as American hedge fund billionaire Ray Dalio, Indonesian coal king Low Tuck Kwong and Brazil-born Facebook co-founder Eduardo Saverin, have set up ...

Posted on 25/05/2025

Universities and hospitals get the largest multimillion-dollar donations in Singapore

The gifts that crossed the $100 million mark all went to the universities and hospitals in the republic. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 25/05/2025

Recession-Proof Stocks To Invest In On The SGX

Sheng Siong, Sembcorp Industries and SPDR Gold Shares are some companies and ETFs that will likely remain resilient during a recession ...

Posted on 25/05/2025

25 years after investing big in biomedical sector, Singapore has tasted some success but the big league remains elusive

Despite world-class infrastructure and billion-dollar investments, Singapore’s biomedical sector remains under the radar. As the nation nurtures homegrown startups and pushes for commercial success, ...

Posted on 25/05/2025

Singapore’s MAS says chief didn’t say US dollar assets are irreplaceable

Singapore’s central bank said both cyclical and structural factors can affect the pricing and confidence in US dollar assets, adding that its managing director didn’t say earlier this week that dollar ...

Posted on 25/05/2025

Singapore Says 2.5m Transactions Failed in DBS, Citi Outage

About 2.5 million Singapore payment and ATM transactions couldn’t be completed during DBS Group Holdings Ltd and Citigroup Inc.’s recent outage, causing widespread inconvenience to the city ...

Posted on 24/05/2025

Loh Kean Yew a hit with kids at HSBC clinic for ST School Pocket Money Fund beneficiaries

The 27-year-old will play Frenchman Alex Lanier in the first round of the May 27-June 1 KFF Singapore Open. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 24/05/2025

Is the Citi SMRT Card Singapore’s Most Underrated Cashback Card? (MoneySmart Review 2025)

Let’s be honest—the Citi SMRT Card doesn’t exactly have the coolest name. You might even mistake it for just another transport card. But if you ask me, this card ...

Posted on 24/05/2025

Singapore jails mastermind behind US$10.9 million fake wine investment scheme

Eldric Ko, who was on the run for 13 years, offered a venture that purported to source wine from French suppliers and sell the product to investors.

Posted on 24/05/2025

‘Replicating Singapore’s path’: Ambani to double bet to Rs 75,000 cr, Adani to invest Rs 50,000 cr in Northeast

India’s corporate giants Reliance Industries and Adani Group on Thursday announced massive new investment commitments for the Northeast, signalling a bold push to transform the region into an economic ...

Posted on 23/05/2025

Mukesh Ambani pledges Rs 75,000 crore for North-East, sees ‘Singapore-like success’; Gautam Adani to invest Rs 50,000 crore

Reliance Industries and Adani Group have pledged substantial investments of Rs 75,000 crore and Rs 50,000 crore respectively, at the Rising Northeast Investors Summit 2025.

Posted on 23/05/2025

More companies, including some from Singapore, eye listings in Hong Kong

Singapore biotech firm Mirxes began trading in Hong Kong on May 23 at a valuation exceeding US$1 billion. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 23/05/2025

Trust Bank’s FY2024 net interest income soars 124.7% to S$72.8 million; losses narrow

SINGAPORE] Trust Bank on Friday (May 23) reported net interest income of S$72.8 million for the financial year ended Dec 31, 2024, up 124.7 per cent from S$32.4 million a year ago. Read more at The ...

Posted on 23/05/2025

Trust Bank revenue doubles to S$97m whilst losses narrow in 2024

Costs reportedly rose only 4% in 2024, the Singapore-based digital bank said. Trust Bank’s revenue rose 148% to S$97m in 2024 from S$39m in 2023, according to a report. Operating losses narrowed to ...

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