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Posted on 06/11/2025

Singapore bank sets aside record $470mn provision for Hong Kong property loans

Singaporean lender United Overseas Bank set aside its largest ever loan provision of S$615mn (US$470mn) on Thursday in anticipation of potential losses in the Hong Kong and US property markets. ( read original story ...)

Posted on 06/11/2025

Hotel Miramar to be reborn as Singapore’s first DoubleTree

Artist's impression of the upcoming DoubleTree by Hilton Singapore Robertson Quay. (Source: Aravest, Hilton and Wee Hur) Asset management firm Aravest, together with Wee Hur Property, has partnered ... ( read original story ...)

Posted on 06/11/2025

METT Singapore is now officially open

METT Singapore opened its doors, welcoming guests to discover a fresh new chapter at the iconic property at Fort Canning Park. ( read original story ...)

Posted on 06/11/2025

Cregis Joins Singapore Fintech Festival 2025

Hongkong, Hongkong, November 6th, 2025, FinanceWireCregis, a leading digital asset solution provider, will exhibit at the ...

Posted on 06/11/2025

Singapore to allow imports of nonprocessed Korean pork for first time

As the global appetite for K-content continues to grow, so too does the craving for K-food. This now includes handon, or fresh Korean pork, which just secured a coveted export route to Singapore.

Posted on 06/11/2025

KKR, Singtel seek to fully own Singapore data centre firm in US$3.9 billion deal

SINGAPORE] KKR & Co and Singapore Telecommunications are in advanced talks to buy more than 80 per cent of ST Telemedia Global Data Centres – which would give them full ownership – for over US$3.9 ...

Posted on 06/11/2025

Singapore to preserve 38 Oxley Road for history, not as Lee Kuan Yew memorial

Speaking on the issue, Acting Minister David Neo refers to the preservation of India’s Gandhi Ashram due to its historical significance.

Posted on 06/11/2025

KKR, Singtel seek to fully own Singapore data centre firm in $3.9 billion deal, sources say

KKR & Co and Singapore Telecommunications are in advanced talks to buy more than 80% of ST Telemedia Global Data Centres - which would give them full ownership - for over S$5 billion ($3.9 billion), ...

Posted on 06/11/2025

Singapore can’t confirm neighbours’ progress in nuclear energy, is working with IAEA to ‘triangulate’ data: Tan See Leng

Minister-in-charge of Energy and Science & Technology Tan See Leng noted some countries in the region already have research reactors and have made "exhortations" about wanting to develop nuclear ...

Posted on 06/11/2025

Singapore sees more job openings but tougher competition, say job-matching platforms

SINGAPORE: Job postings are on the rise in Singapore – but so is the competition for them, job-matching platforms told CNA. This comes amid growing job uncertainty as sluggish global growth becomes ...

Posted on 06/11/2025

Singapore second-most expensive data centre construction market: report

A Turner & Townsend report shows that Singapore is once again the second-most expensive market in which to build data centres Read more at The Business Times.

Posted on 06/11/2025

DBS Group Shares Hit New Intraday High, UOB Stock Falls After Third-Quarter Results

DBS Group shares rose to a new intraday high, while that of Singapore peer United Overseas Bank fell, after the pair of banks reported third-quarter results. Shares of DBS rose nearly 3% to S$55.10 on ...

Posted on 06/11/2025

Singapore banks DBS, UOB flag margin pressure; Q3 earnings diverge

By Yantoultra Ngui SINGAPORE (Reuters) -Singapore banks flagged margin pressure for 2026 as falling interest rates weigh on profitability, with DBS Group posting a smaller-than-expected earnings dip ...

Posted on 06/11/2025

$500m in assets seized from mysterious crypto scam billionaire

Both the US and UK governments have also imposed joint sanctions against Mr Zhi, his associates, and his company ...

Posted on 06/11/2025

Singapore bank UOB’s third-quarter net profit slumps 72%, misses forecast

Singapore's United Overseas Bank, or UOB , reported on Thursday a 72% fall in net profit in the third quarter from a year earlier mainly due to a surge in allowance for credit and other losses.

Posted on 06/11/2025

Singapore’s DBS sees weaker 2026 net profit after Q3 earnings dip

SINGAPORE: Singapore’s biggest lender DBS Group said on Thursday (Nov 6) it expects 2026 net profit to dip slightly from this year's after reporting a 2 per cent drop in third-quarter earnings, which ...

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