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Posted on 28/03/2024

Singapore’s DBS bank confident of 15%-17% ROE in next 3-5 years, CEO says

Singapore's biggest bank DBS Group is confident of achieving a return on equity (ROE) of 15% to 17% in the medium term or over the next three to five years, its chief executive said on Thursday."Rates ...

Posted on 28/03/2024

Singapore middle distillates stocks dip 2% but China imports stay brisk

Singapore's middle distillates stockpiles drew for a second week, falling by 2% week on week, but China import volumes for diesel/gasoil and jet fuel/kerosene stayed prominent, official data showed on ...

Posted on 28/03/2024

Singapore shares inch up on Thursday—STI up by 0.03%

SINGAPORE: Singapore shares inch up on Thursday morning, with the Straits Times Index (STI) barely... The post Singapore shares inch up on Thursday—STI up by 0.03% appeared first on The Independent Si ...

Posted on 28/03/2024

Journey to ERP 2.0: A timeline of road pricing in Singapore

THE LAND Transport Authority (LTA) has released more details on the next-generation Electronic Road Pricing (ERP), or ERP 2.0, which will ...

Posted on 28/03/2024

From Smoke Signals To Smart Detection — How Singapore’s AI Innovation Is Keeping Public Areas Free Of Smoke

Singapore has improved its AI technology, Balefire, to strengthen the enforcement of smoking restrictions in public areas. The updated system is designed to aid local law enforcement by accurately ...

Posted on 28/03/2024

Singapore UV index hit ‘extreme’ levels on 27 March, NEA advises public to wear more sunscreen and keep umbrellas handy

SINGAPORE — The National Environment Agency (NEA) has advised the public to put on more sunscreen and keep umbrellas and hats handy after the ultraviolet (UV) index hit 'extreme' levels on Wednesday ...

Posted on 28/03/2024

Singapore sees sharp decrease in PE investment last year

The venture capital (VC) investment in Singapore last year stood at 9.3 billion dollars, remaining stable with 2022, while VC deals fell from 998 to 651, according to the report on private capital in ...

Posted on 28/03/2024

Do you need to pay tax on foreign/overseas income received in Singapore?

Not all foreign or overseas income is subject to taxation in Singapore, according to IRAS. Find out what's taxable and what's not.

Posted on 28/03/2024

Singapore Producer Price Inflation Accelerates

(RTTNews) - Singapore's producer price inflation accelerated in February ... producer prices moved up 0.3 percent in February versus a 0.2 percent rise in January. The import price index fell 5.1 ...

Posted on 28/03/2024

Singapore charges two ex-employees of Sembcorp Marine with bribing Brazilian officials

Singapore authorities on Thursday charged a former CEO of Sembcorp Marine and an ex-senior general manager of one of the company's unit with bribing Brazilian officials to advance the company's ...

Posted on 28/03/2024

Singapore charges two ex-employees of Sembcorp Marine in Brazil graft case

SINGAPORE (Reuters) -Authorities in Singapore charged on Thursday two former officials of Sembcorp Marine with handing bribes to Brazilian officials to advance the company's interests in the South ...

Posted on 28/03/2024

Three companies in Singapore fined for food safety breaches; one tampered with expiry date markings on pre-packed food

Three companies in Singapore were fined for food safety lapses like running an unlicensed cold store, and tampering with expiry date on pre-packed food. Read more ...

Posted on 28/03/2024

HSBC setting up US$1 billion growth fund to scale up digital platform businesses in Southeast Asia

SINGAPORE: HSBC on Wednesday (Mar 27) said it is setting up a US$1 billion growth fund called ASEAN Growth Fund that provides lending to companies that are scaling up via digital platforms across ...

Posted on 28/03/2024

Singapore Charges Ex-Sembcorp Marine CEO in Brazil Bribery Case

Sembcorp Marine’s former CEO was accused of bribing Brazilian officials millions of dollars to advance the Singapore company’s interests in the South American country.

Posted on 28/03/2024

Seatrium to pay $76.5 mil to Singapore authorities under deferred prosecution agreement

Under the DPA, Seatrium is required to pay a financial penalty of US$110 million. Of the total sum, the AGC has agreed to credit up to US$53 million of the payments to the Brazilian authorities ...

Posted on 28/03/2024

10 Money Changers in Singapore with the Best Rates

So here’s our list of 10 money changers in Singapore to head to for the best rates. 10 Best Places to Change Money in Singapore The Arcade—Best for those who want to choose and/or need less ...

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