City Developments will sell its majority stake in a landmark Singapore office complex as it aims to cut debt and regain investor confidence after a public feud between billionaire chairman Kwek Leng ...
Invest in Asia’s resilient economies to protect portfolios in volatility: HSBC
Navigating global trade uncertainty, HSBC urges clients to gain exposure towards Asia’s domestic resilience and structural growth opportunities.
OCBC, Ant International launch embedded finance in Indonesia
Ant International, a global digital payment and financial technology provider headquartered in Singapore, and OCBC Indonesia have teamed up to deliver embedded financial services to small and ...
UOB Kay Hian maintains positive view on S-REITs amidst stability
Singapore government bond yield at 2.4% and the 3-month compounded SORA at 2.3%. Singapore’s real estate investment trusts (S-REITs) continue to be a bright spot for investors seeking stability amidst ...
UOB Kay Hian raises target price for DFI Retail to US$3.50 following divestment of associate stake in the Philippines
Adrian Loh of UOB Kay Hian expects DFI to continue to pare down debt and potentially deliver higher dividends, estimated at 10.3 US cents per share ...
Singapore gets tough on Crypto: Local firms ordered to cease overseas operations by Jun 30
In a bold regulatory move, the Monetary Authority of Singapore (MAS) has issued a directive mandating all local cryptocurrency service providers to halt their overseas operations by June 30, a ...
Penghu Uncle eyes Singapore as next big export market for premium sauces
Penghu Uncle has set its sights on Singapore as for its premium seafood-based sauces and snacks, hoping to use it as a springboard into ASEAN ...
Billionaire Kwek Family’s CDL Sells Stake In Singapore’s South Beach To Malaysia’s IOI Properties
Under the deal, IOI Properties will buy CDL’s 50.1% stake in South Beach in a deal valuing the the property at S$2.75 billion ($2.1 billion).
Malaysia to fine Singapore drivers without vehicle entry permits US$70 from July 1
Drivers of unregistered vehicles will not be allowed to leave Malaysia until they have completed the permit process and paid the fine.
Sales of multi-million dollar bungalows in Singapore shrink in first quarter, figures show
Singapore in the first quarter of this year sold only two plush "good class" bungalows, according to data compiled by a real estate group, its lowest quarterly sales figure for the sought-after ...
Singapore to acquire 0-79ha of Malaysia-owned land for Woodlands Checkpoint extension
SINGAPORE: The Woodlands Checkpoint will be redeveloped and extended over the next 10 to 15 years, with the first phase of construction works set to begin in the third quarter of 2025 ...
VEP requirement for Singapore-registered cars to be enforced by Malaysia from July 1
A RM300 (S$91) fine will be imposed for privately owned vehicles without a valid VEP. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore to acquire two Malaysian-owned land plots for Woodlands Checkpoint expansion
The two land parcels have a total area of 0.79ha, slightly larger than a football field, and are vegetated and unused.
Singapore Paincare worth up to S$0.37 a share, more than double its privatisation offer: Sias
SINGAPORE] The Securities Investors Association (Singapore), or Sias, is urging minority shareholders of Singapore Paincare to hold off on selling their shares amid the proposed privatisation deal.
Singapore’s Temasek cuts back on start-up investments
Set up in 1974 to manage the Singaporean government’s stakes in the country’s biggest companies, Temasek has become a global investor over the past two decades. In that time, it increased its exposure ...
How Singapore can ride the AI wave into the future
WHEN Singapore gained independence in 1965, it quickly embarked on a rigorous industrialisation programme to boost economic development. In 10 years, manufacturing’s share in Singapore’s gross ...