Singapore’s Prime Minister Lee Hsien Loong will address the ongoing graft investigation involving Transport Minister S. Iswaran and property billionaire Ong Beng Seng in parliament on Wednesday.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS,
Venus In Retrograde: Singapore’s Top Psychological Astrologer Predicts Our Political Future
Parliament resumes tomorrow, and it's the first sitting since the political shenanigans of July. After tarot cards failed to turn up answers, we turned to May—a conduit for the astrological planets—to learn what Singapore’s political future holds in store for us all.
Singapore stocks end flat on Tuesday amid mixed regional trading
SINGAPORE stocks closed flat on Tuesday (Aug 1) amid mixed trading in the region. The benchmark Straits Times Index (STI) fell 0.01 per cent or 0.19 points to 3,373.79. Read more at The Business Times.
Vulnerabilities emerging as home loan rates stay high in Singapore
Fixed home loan rates shot up to as high as 4 per cent to 4.5 per cent in 2022, while the Singapore Overnight Rate Average (Sora) went up from below 1 per cent at the beginning of 2022 to above 3 per cent by the year end. Sora is the benchmark interest rate used to ...
Oriana Power IPO: Find GMP, price band, subscription, key investors and other details here
The company will deploy the proceeds towards meeting its working capital requirements, investment in subsidiaries, capital expenditure ...
Singapore PM Lee Hsien Loong to address political scandals in Parliament on Wednesday (Aug 2)
Singapore’s Prime Minister Lee Hsien Loong will address the ongoing graft investigation involving Transport Minister S. Iswaran and property billionaire Ong Beng Seng in parliament on Wednesday (Aug 2 ...
OCBC collaborates with UnionPay QR to expand cross-border payment options
This scan-and-pay feature is the result of an agreement signed between OCBC and UnionPay International (UPI) in April 2023, and is the latest cross-border payment collaboration for OCBC.
Prince Harry to visit Singapore in August to play in polo match for charity
Britain’s Prince Harry will be travelling to Singapore in August to take part in a Polo Cup to help raise funds for charity.
India-Singapore Space Partnership Achieves New Milestone With Satellite Launch By ISRO
ISRO launched 7 Singaporean satellites last week that marks a milestone in the both countries’ space partnership. The mission launched via PSLV-C56/DS-SAR is the dedicated commercial mission of New ...
Singapore’s GIC sets sights on Vietnam, India, and Indonesia
Singapore's sovereign wealth fund, GIC, is shifting its investment strategy to focus more on emerging markets like India, Indonesia, and Vietnam.
CapitaLand Ascendas REIT’s net property income rises 6.7% YoY to $508.8m in 1H23
The REIT attributed the increase to “robust operational performance.” Robust operational performance and high portfolio occupancy boosted CapitaLand Ascendas REIT’s (CLAR) net property income to $508. ( read original story ...)
DBS shares its secret to becoming AI-fuelled
The bank currently has more than 300 AI and machine learning use cases, which helped with revenue uplift and cost avoidance.
Depreciating RMB ‘throwing salt’ on CapitaLand China Trust’s ‘recovering wounds’, 1HFY2023 DPU down 8.8% y-o-y: DBS
Divestment will continue to feature strongly within CLCT’s retail segment among older non-core retail assets, say DBS’s analysts.
Global and Singapore fintech funding in 1H2023 dropped, but payments and AI remain resilient sectors: KPMG
In Singapore, 84 deals in mergers and acquisitions (M&A), private equity (PE), and venture capital (VC) accounted for the US$934 million raised, a drop from the 117 deals in 2H2022. However, the ...
Manufacturing firms optimistic about business in the remaining months of 2023
Across industries, firms in the transport engineering cluster expressed the highest optimism. Manufacturing firms in Singapore are more optimistic about their business conditions in the next six ...
Singtel releases touching National Day documentary charting Singapore’s history
Local telco Singtel has released a short film in honor of Singapore's 58th birthday as well as to commemorate founding prime minister Lee Kuan Yew's 100th birth anniversary.