Singapore's central bank expects a slower economic growth in the second half of 2025, amid uncertainties over US tariffs. The Monetary Authority of Singapore recorded a better-than-expected ...
MAS reports net profit of S$19.7 billion due to healthy returns on investments
SINGAPORE: The Monetary Authority of Singapore (MAS) reported a net profit of S$19.7 billion (US$15.4 billion) in the financial year that ended on Mar 31 due to strong investment gains, it said in its ...
Singapore Central Bank Sees Slower Financial Sector Growth
Singapore will likely see slower growth in its financial sector in coming years as a confluence of trade and geopolitical tension clouds the economic outlook for the trade-dependent country, according ...
Data center REIT debuts in Singapore’s biggest IPO in years
A real estate investment trust (REIT) focused on data centers made a lukewarm debut on the Singapore exchange in the city-state's biggest listing in eight years.
GIC-backed NTT DC REIT positions Singapore as ‘regional hub for AI-related investment opportunities’ despite muted trading debut, analyst says
GIC-backed NTT DC REIT positions Singapore as 'regional hub for AI-related investment opportunities' despite muted trading debut, analyst says - Singapore ...
Singapore Managed Assets Soar, Real Estate Drops to 5-Year Low
Real estate and real estate investment trust assets run by money managers in Singapore fell to their lowest levels in at least five years, according to a 2024 survey released on Tuesday by the ...
MAS records net profit of $19.7 billion, fuelled by investment gains
In the previous financial year, MAS was in the black with $3.8 billion from a net loss the year before. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore proposes to strip money launderers of directorships
Singapore proposes barring convicted money launderers from serving as company directors, following a $3-billion scandal that rocked its financial reputation.
Singapore to Bar Money Laundering Offenders from Becoming Company Directors
Singapore may soon bar individuals convicted of certain money laundering offences from serving as company directors.
T5, mega projects fuel optimism for Singapore’s civil engineering sector
SINGAPORE] The five-year outlook for Singapore’s civil engineering sector is expected to be positive five-year outlook, buoyed by large-scale public infrastructure projects such as Changi Airport ...
Singapore and China reaffirm green finance cooperation
They are advancing discussions on taxonomy criteria for transition activities. Singapore and China’s central banks have reaffirmed their commitment to advance cooperation in green and transition ...
Singapore to invest over S$6m to train international aviation, maritime officials
Singapore will invest more than S$6 million to train foreign aviation and maritime officials, especially those from developing countries. The training will cover areas such as sustainability and ...
Singapore stock market sees biggest IPO in years
Valued at US$773 million, NTT DC REIT is backed by Singapore's sovereign wealth fund GIC and Japan's NTT group.
Singapore stock market sees biggest IPO in years with NTT DC REIT’s debut
The Singapore Exchange has seen its biggest real estate investment trust (REIT) listing in more than 10 years, raising more than US$770 million. But Japan's NTT DC REIT's debut was met with a lukewarm ...
NTT DC REIT marks Singapore stock market debut with modest gains
NTT has launched its data center real estate investment trust (REIT) on the Singapore Stock Exchange following an oversubscribed $773 million IPO. The REIT saw its share price rise three percent, from ...
Sumitomo Mitsui Trust Asset Management launches Singapore subsidiary
The new entity, now operational, marks Sumitomo's first office in Asia, complementing its existing locations in London and New York.