(Bloomberg) -- Shell Plc has agreed to sell its Singapore refining and chemicals assets to a joint venture between commodity trader Glencore Plc and Indonesian company PT Chandra Asri Pacific. Most ...
Amazon to Invest $9 Billion in Singapore Cloud Infrastructure
The tech giant will spend $9 billion to expand its cloud services in Singapore, coming as global tech companies are boosting their data-center footprints in Asia amid a boom in demand for ...
Singapore government briefings for international banks not ‘unusual’ as asserted in FT article: Indranee
In an Apr 20 article, the Financial Times reported that Singapore had given international banks an "unusual series of top-level briefings on geopolitics".
In Data: Global cloud industry set to exceed $1.4trn by 2027 as AWS doubles Singapore cloud investment
The global cloud industry is set to exceed $1.4trn by 2027 according to research and analysis company GlobalData as news comes today (7 May) that Amazon Web Services (AWS) will double its investment ...
WP’s Louis Chua explains why $1 is worth less in Singapore than elsewhere
SINGAPORE: Workers’ Party MP Louis Chua posted an interesting question on Facebook on Tuesday morning... The post WP’s Louis Chua explains why $1 is worth less in Singapore than elsewhere appeared fir ...
Singapore stocks end lower even as regional markets rally; STI slips 0.1%
SINGAPORE shares closed lower on Tuesday (May 7), bucking a regional rally and overnight gains in the US. Read more at The Business Times.
Singapore takes the crown for offering highest average annual salary in Asia
SINGAPORE: When it comes to the highest yearly salaries in Asia, Singapore is ranked number... The post Singapore takes the crown for offering highest average annual salary in Asia appeared first on T ...
Singapore stocks kicked off on Tuesday—STI up by 0.2%
SINGAPORE: Singapore stocks ... were gaining than losing in the broader market, with 55 gainers for every 36 losers, after 21 million securities valued at S$37.6 million changed hands. The most traded ...
Singapore Stock Market May Find Additional Support On Tuesday
The Singapore stock market rebounded on Monday, one session after ending the three-day winning streak in which it had risen more than ...
Jollibee founder Tony Tan backs hotel SPAC deal despite lull in IPOs
SINGAPORE -- The founder of the Philippine fast-food giant Jollibee, Tony Tan, is throwing his full weight behind the initial public offering of a hotel brand on New York's Nasdaq via a merger with a ...
Singapore shares rise at Tuesday’s open tracking global rally; STI up 0.2%
SINGAPORE stocks entered Tuesday (May 7) morning slightly stronger following overnight gains on Wall Street and Europe brought about by optimism over potential rate cuts by central banks. Read more at ...
No shortage of candidates to be Singapore’s next finance minister
DEPUTY Prime Minister Lawrence Wong will soon announce his new Cabinet, a few days before he is sworn in as Singapore’s fourth prime minister on May 15. Read more at The Business Times.
4 Asset Classes That Low-Risk Singapore Investors Can Invest In Now
Singapore investors who aim for a return of between 5% and 7% p.a. prefer four low-risk asset classes, such as fixed deposits and government bonds.
Singapore leads APAC in attracting cross-border capital
Overseas investments made up 45.6% of Singapore's capital in 1Q24. Singapore received the highest portion of cross-border capital in Asia-Pacific, receiving US$906m from institutional investors.
Glencore, PT Chandra Asri nears $1bn deal for Shell’s Singapore assets
Indonesia’s PT Chandra Asri Pacific is expected to become operator and majority owner of Shell’s Singapore assets.
HSBC names ex-Citi banker as head of global banking in Singapore
Gilbert Ng has experience in corporate finance and risk management. HSBC has announced Gilbert Ng as the new head of global banking (GB) in Singapore, effective 2 May. Ng is tasked with growing the ...