And from a first read, things don't look too good at Genting Singapore (SGX:G13), so let's see why. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use ...
OCBC to recover more than $20 million from selling Sentosa Cove plot linked to money laundering probe
SINGAPORE - OCBC Bank has accepted an offer of more than $20 million for a plot of land in Sentosa Cove that once belonged to Cambodian money launderer Su Baolin, after two attempts to auction the ...
New mobile app by AXS allows cardless payment at commercial carparks
AXS Drive is an accounts-based payment system similar to the Parking.sg app for at HDB and URA carparks. Read more at straitstimes.com.
Singapore prepares more land to woo semiconductor giants looking to ride AI wave
Government industrial planner JTC is preparing 11 per cent more land in Singapore’s wafer fabrication parks, which will be ready by the end of 2024.
Universities in Singapore revising IT, digital modules to keep up with industry demands
SINGAPORE: Some Singapore universities are introducing more specialised courses in their information technology and digital curriculum to keep up with changing industry demands. T ...
Bitcoin L2s help crypto miners in Asia supplement income with staking
Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving. One crypto narrative that has garnered significant traction across the ...
Singapore’s Largest Inclusive Orchestra The Purple Symphony Turns 10, Performs In 2 Shows To Ring In Anniversary
The Purple Symphony, Singapore’s largest inclusive orchestra, held a concert to celebrate its 10th anniversary. The orchestra comprises over 100 musicians with and without disabilities. Themed ‘When ...
Singapore Home Minister Shanmugam Clarifies ISA Curbs On Self-Radicalised Teen And Woman Who Support Terrorism
He addressed the media in Singapore today regarding the restriction orders placed — under the Internal Security Act (ISA) — on two individuals: a male student aged 14 who wanted to join a militant ...
Three Indian nationals among crew detained on Singapore-flagged ship carrying drugs to Brisbane
Three Indian nationals are among the crew who have been detained by Indonesian authorities on a Singapore-flagged ship for carrying drugs to Brisbane, according to a media report. Acting on a ...
Dreame Technology Exceeds 1 Million Sales of Robotic Flex Arm Cleaners, Setting New Trends in Smart Cleaning
Dreame Technology, a global leader in the smart cleaning industry, recently announced that its robot vacuum sales have exceeded 2.4 million* units worldwide in 2023, with a remarkable 300% ...
Allianz plans majority stake in Singapore firm to widen access to Asia markets
Europe's largest insurer, Allianz, is aiming to substantially enhance its presence in Singapore. In a statement, Allianz said the offer was a subsidiary collaboration formed through Allianz Europe BV ...
Exclusive: Singapore-Laos clean power deal stuck over transmission, sources say
The extension of a multilateral deal by Singapore to import hydropower from Laos is stuck due to disagreements over how the energy will be transmitted through Malaysia and Thailand, two regional ...
Battery-swapping leader Gogoro to begin sales of electric scooters in Singapore
“While battery swapping technology and two-wheel electric vehicles are relatively new in Singapore, our partnership with Gogoro will accelerate the growth,” said Wilfrid Foo, Managing Director of ...
Buying a second property overseas
WHAT seems better than having a home in Singapore? Most likely, a second one. But in the wake of punishing high Additional Buyer’s Stamp Duty, that puts the idea of a second property out of the reach ... ( read original story ...)
HSBC CFO Georges Elhedery appointed at new group CEO
HSBC Holdings plc announced on July 17 that group Chief Financial Officer Georges Elhedery has been appointed as Group Chief Executive, with effect from September 2.
UOB cardholders to enjoy Woori Card privileges in South Korea
The full list of merchant privileges under the partnership will be announced in the coming months Read more at straitstimes.com.