Ten to 14 years ago we were not even in the position to bid for this contract,” ComforDelGro CEO Cheng Siak Kian said in an interview with Fortune.
Singapore PM Wong to attend Asean Summit in Kuala Lumpur from Monday (May 26), his first regional meet since taking office
Singapore Prime Minister and Minister for Finance Lawrence Wong will travel to Kuala Lumpur from Monday (May 26) to attend the 46th Asean Summit and related meetings.
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 ...
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 ...
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 ...
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, ...
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 ...
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.
‘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 ...
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.
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.
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 ...
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 ...
Issue 149: Funds take lion’s share of global blended finance volumes; Singapore upgrades sustainability reporting training syllabus
Blended finance at critical crossroads, says Convergence; accounting regulator publishes guide for sustainability reporting trainers Read more at The Business Times.
Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal
HONG KONG] Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that could value the company at about US$3 billion, two ...
Singapore market a ‘safe haven’ amid global volatility; market reforms signal upside potential: Morgan Stanley
SINGAPORE] Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a total return of 13 per cent. Read more at The ...