It plans to primarily use the proceeds from the offering to expand its Haidilao chain globally. Read more at straitstimes.com.
Singapore’s monetary policy should remain tight until inflationary pressures recede: IMF
Visiting IMF economist says intensified geopolitical conflicts could increase volatility in global energy and food prices. Read more at straitstimes.com.
Singapore’s first new PM in 20 years holds inaugural cabinet meeting
Singapore's first prime minister in 20 years held an initial cabinet meeting on Thursday after taking office with a pledge to sustain what he called the miracle of the wealthy city state amid an ...
Loan growth & higher fees prop up Singapore banks’ earnings in Q1
OCBC is forecasted to raise its final dividend to 44 Singapore cents in H2, representing a 5% increase. One future notable project that the bank may embark on is the redevelopment of the OCBC Centre, ...
Singapore Airlines CEO Says Travel Out of China Not Yet Recovered
"Travel into China has been strong, travel out of China has not yet recovered fully," Singapore Airlines CEO Goh Choon Phong told media. He said the visa-free scheme between China and Singapore which ...
Shein suppliers work 75-hour weeks, report claims as Chinese fast-fashion giant looks to IPO
A new report suggests that workers at some of its suppliers are still clocking 75 hours a week, despite assurances the company would improve labor standards.
Mitsui to invest in Singapore refrigerated warehouse
Japanese shipping giant Mitsui OSK Lines will invest in a new cold storage warehouse project in Singapore that will include Asia’s tallest industrial refrigerator. This is a news story by the ...
Air India-Vistara merger awaiting foreign direct investment, other approvals, says Singapore Airlines
Helped by robust air travel demand, the group posted a 24 per cent rise in net profit at 2,675 million Singapore dollars for FY 2023-24.
Himanta Biswa Sarma congratulates Singapore’s new PM, eyes enhanced collaboration
Assam Chief Minister Himanta Biswa Sarma congratulates Singapore's new Prime Minister, Lawrence Wong. Sarma emphasises on strengthening ties between Assam and Singapore under PM Modi's Act East Policy ...
Prime Bank Investment holds roadshow in Singapore
Prime Bank Investment Ltd (PBIL) recently organised an "Investment Roadshow Singapore 2024", aiming to empower remittance earners and unlock the nation's potential in the Capital Market. Powered by ...
Dubai beats Singapore, London as top city for ‘greenfield’ FDI projects
FDI Markets data, compiled by the Financial Times, found the UAE's financial capital ranked top overall in global "greenfield" FDI projects attracted in 2023.
Singapore’s new prime minister vows to ‘lead in our own way’ as Lee dynasty ends after half-century
Amid China-U.S. rivalry, he said Singapore — which has stayed neutral — would continue to engage both nations. Wong has retained the Cabinet and held onto his finance portfolio as he prepares for his ...
Singapore’s new PM takes office pledging to lead his own way
Wong will retain his position as finance minister and takes charge of a country led for two decades by Lee Hsien Loong, the 72-year-old son of Lee Kuan Yew, the founder of modern Singapore who stayed ...
Singapore’s Incoming Leader Wong Confronts Domestic, International Risks
Here's what that might look like. Joe Biden told Yahoo Finance he thinks China will retaliate to sweeping new tariffs on Chinese imports, but he expects any trade conflict to be manageable. Bitcoin's ...
Seatrium, Other Singapore Stocks Slump After Being Cut From MSCI Index
By Kimberley Kao A handful of Singapore stocks led by Seatrium fell Wednesday after stock market index compiler MSCI removed the companies from its ...
Best Fixed Deposit Rates in Singapore (May 2024)—Rates Up To 3.75%, Minimum Deposits From $500
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...