Singapore must be prepared for a more challenging trade environment going forward regardless of who wins the US presidential election in November as the city-state seeks a place in what its top trade ...
Singapore bags $750m in aerospace investment projects, sector to hire 2,500 more workers: EDB
The aerospace industry is expected to hire more than 2,500 workers here over the next three to five years to support the sector's continued growth. These new jobs include operator, technician, ...
Wee Cho Yaw’s impact on Singapore’s banking industry
In February 2024, banker Wee Cho Yaw passed away at the age of 95. His father founded the predecessor of UOB but it was Mr Wee that grew the bank, and made UOB what it is today. Together with DBS and ...
How evolving regulations are transforming cross-border treasury operations
The Asset provides authoritative, unbiased coverage of the financial markets together with independent financial research on Asian issues, trends & developments ...
More firms look for inflation support, green incentives, SkillsFuture credits in Budget this year: UOB survey
COMPARED to 2023, more businesses this year hope that the Budget will provide inflation-related support, incentives to go green and SkillsFuture credits, according to the UOB Business (SME & Large ...
Singapore lands more than S$750million in investments from aerospace companies
Aerospace companies have committed to invest more than S$750 million in Singapore over the next three to five years. The Economic Development Board said that 2,500 jobs are expected to be filled over ...
7 SG Credit Cards compete for love in February: Best CC Promotions!
SINGAPORE: Singapore’s leading banks have rolled out enticing credit card promotions, offering rewards ranging from... The post 7 SG Credit Cards compete for love in February: Best CC Promotions! appe ...
Singapore’s fiscal position, details of Refundable Investment Credit scheme could give it an edge over competitors: watchers
WHILE jurisdictions elsewhere have introduced or are planning measures similar to Singapore’s new Refundable Investment Credit (RIC) scheme, the city-state’s strong track record and fiscal ability, ...
Scam victims in Singapore lost S$651.8 million in 2023, with record high cases
DESPITE numerous media reports and warnings by the authorities about scams, the number of scam cases here hit a record high in 2023, with 46,563 cases reported. Read more at The Business Times.
Singapore finance minister announces expanded social, corporate support in 2024 budget
Singapore's Finance Minister Lawrence Wong on Friday told parliament the 2024 budget would boost spending to counter inflationary pressures on households and businesses in the city-state as its ...
Singapore bags S$750 million in aerospace investment commitments, 2,500 jobs to be filled: EDB
SINGAPORE has bagged over S$750 million in investment commitments from more than 10 aerospace projects. The sector is also expected to hire over 2,500 roles over the next three to five years. Read ...
Retail investors net buy S$1 billion of Singapore stocks in early 2024
THE net institutional fund flows for the first six weeks of 2024 showed a similar trend as the same period in 2023, with net withdrawals of S$463 million. This was slightly higher than the net ...
S$40b to be spent on Forward Singapore exercise a very significant signal: Analyst
The announcement that S$40 billion will be spent by the end of the decade in the Forward Singapore exercise, has been described as a very significant signal. Political analyst Eugene Tan says it also ...
Singapore to Invest Over $743 Million in AI in Five Years
Singapore has announced a major investment in artificial intelligence (AI), with more than $1 billion earmarked over the next five years to propel the city-state to new heights in AI development.
Commentary: Budget 2024 – Remaking Singapore, one Budget at a time
In seeking to remake Singapore root and branch, Budget 2024 has set the tone for subsequent Budgets, says SMU associate professor of law Eugene Tan.
Singapore billionaire Wee Cho Yaw, ex-UOB chairman dies at 95
Billionaire Wee Cho Yaw (pic), chairman emeritus and honorary adviser of UOB, has died at the age of 95. The bank announced Wee’s death in a statement on Facebook yesterday.