Singapore will set up a task force to address economic uncertainties after the U.S. announced plans to impose a reciprocal tariff of 10% on imports from the city-state, Prime Minister Lawrence Wong ...
Trump’s tariffs: what are Singapore’s possible options in responding?
Singapore applies zero tariffs on US products, as long as they qualify as originating goods under the FTA’s rules of origin. The exception is for Singapore’s goods and services tax, which applies to ...
Thakral clarifies IPO rumours on associate GemLife; says ‘no certainty’ that any transaction will proceed
SINGAPORE] Thakral Corp clarified rumours that its associate GemLife, a resort-living developer in Australia, is gearing up for an initial public offering (IPO), and said there is “no certainty” that ...
JPMorgan fund firm launches 3 active ETFs in Singapore; listing here ‘not off the table’
SINGAPORE] JPMorgan Asset Management (JPMAM) registered three active exchange-traded funds (ETFs) in Singapore on Monday (Apr 7), getting the green light to market them to retail investors. The fund ...
Singapore banks lose over S$37 billion in market value as tariff sell-off continues
SINGAPORE] Shares of Singapore’s three local banks continued to slide on Monday (Apr 7), weighed down by a broader market sell-off triggered by concerns over US tariffs. Read more at The Business ...
Here are the biggest losers among Singapore stocks in Trump tariff sell-off
The STI extended its losing streak on April 7, plunging more than 325 points. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore stocks with regional exposure face spillover drag from high tariffs on Asean peers
SINGAPORE] Singapore stocks with regional exposure could suffer “negative spillover” effects from slowing South-east Asia economies hurt by high Trump tariffs, CGS International analysts said. Read ...
84-Year-Old British Woman Arrested in S$200K Scam in Singapore
In a striking turn of events, an 84-year-old British woman has been apprehended in Singapore for her alleged involvement in a scam that defrauded victims of over S$200,000. This incident highlights ...
Singapore Stocks Suffered a Bloodbath Last Friday: How Should Investors React?
The Straits Times Index shrivelled 3% after Trump enacted a wide range of tariffs in the ongoing trade war. The post Singapore Stocks Suffered a Bloodbath Last Friday: How Should Investors React?
More than 230 money mules charged under new Singapore sentencing guidelines, all adult offenders jailed
SINGAPORE: When a man received a video call from a fake cop in May 2024 accusing him of money laundering, he made more than ten bank transfers totalling S$300,000 (US$223,560).
Singapore’s STI drops 2.6%; Asia markets extend declines on Trump tariff troubles
SINGAPORE] Singapore equities began Friday (Apr 4) in negative territory, following the slump in all three major Wall Street indices and European shares on Thursday. Read more at The Business Times.
Impacts of Trump’s Tariffs on Singapore: A Call for Resilience and Integration
In a recent discussion, Minister Balakrishnan described the tariffs as "a profound setback" to the global economic framework, highlighting the historical context of economic integration over the last ...
Singapore will keep working closely with Malaysia, Asean to deepen economic integration: PM Wong
Singapore will continue working closely with Malaysia and its Asean partners to deepen regional economic integration and engage constructively with their global trading partners, Prime Minister ...
Car dealer Vin’s Holdings and candy maker YLF Group Marketing potentially first two IPOs this year
Vin's Holdings's listing is arranged by RHB Bank; YLF's listing is arranged by Xandar Capital and KGI Securities (Singapore) is the placement agent ...
Singapore’s Berge Bulk grabs 7.3% stake in US-listed Genco Shipping
A major private bulker owner from Singapore has bought a 7.3% stake in New York-listed peer Genco Shipping & Trading, according to a filing with US securities regulators. The purchase of 3.13m shares ...
Singapore is top destination for corporate relocations
This is due to high volumes of foreign direct investment. Singapore is the top destination for corporate relocations based on corporate tax and business environment, and foreign direct investment (FDI ...