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Posted on 08/01/2025

Crypto data platform SoSoValue raises $15 million in new funding to launch multi-coin indices

SoSoValue’s dashboard lets users access a range of information including real-time crypto prices, an AI-curated news feed, and interactive charts. But the platform is best-known ...

Posted on 08/01/2025

Singapore shares climb on Wednesday; STI up 1.5%, led by banks, Yangzijiang Shipbuilding

Yangzijiang Shipbuilding is most traded by volume, while DBS’ counter breaches S$45 for the first time Read more at The Business Times.

Posted on 08/01/2025

Why is Singapore allowing police to take over people’s bank accounts?

Singapore has introduced a new law empowering police to freeze the bank accounts of scam victims as a last resort to curb rising financial fraud. With scam losses hitting record highs, the Protection ...

Posted on 08/01/2025

China may trim fuel oil imports amid 2025 tax hike, sources say

China's fuel oil imports are expected to drop in early 2025 following a hike in the product's import tax from Jan. 1, prompting some sellers to lower prices to boost demand, several trade sources ...

Posted on 08/01/2025

Singapore slots itself into the HBM supply chain—key to the AI boom—with a $7 billion Micron investment

It's Singapore's first facility dealing with HBM, part of the AI chips that's powering companies like Nvidia and TSMC to new heights.

Posted on 08/01/2025

Singapore’s Stock Benchmark Hits Record High as Banks Rally

Singapore’s stock benchmark closed at an all-time high on Wednesday, boosted by the ongoing rally in bank shares. The Straits Times Index rose 1.5%, pushing the gauge above the previous record level seen in October 2007.

Posted on 08/01/2025

Singapore Art Week 2025: Artist Yang Derong weaves a digital tale of Singapore

Drawing on his fashion background, DIGikat blends weaving, food and multimedia installations in a conversation about Singaporean identity. Read more at straitstimes.com.

Posted on 08/01/2025

Micron’s $9.5b chip plant to give Singapore foothold in AI space; will create up to 3,000 jobs

Operations are scheduled to start in 2026 with the expansion of packaging capacity beginning in 2027. Read more at straitstimes.com.

Posted on 08/01/2025

Micron To Build $7 Billion Advanced Chip Facility In Singapore Amid AI Boom

Micron Technology is investing $7 billion to build an advanced chip packaging facility in Singapore as the semiconductor giant expands its capacity to cater to booming demand for AI chips.

Posted on 08/01/2025

Micron’s $9.5b chip plant in Woodlands to drive Singapore’s AI growth, create up to 3,000 jobs

Singapore can be expected to play a larger role in developing complex artificial intelligence (AI) applications when Micron's new $9.5 billion high-bandwidth module (HBM) advanced packing facility in ...

Posted on 08/01/2025

Over 8,700 bank customers saved from losing $73m to conmen due to joint effort by police and 6 banks

This was the six joint operation in 2024 between the police and the banks to combat scams. Read more at straitstimes.com.

Posted on 08/01/2025

KPMG and SID prioritise innovation and green transition for Singapore businesses in Budget 2025 proposal

A central focus of the proposal is advancing sustainability, with a call for businesses to adopt greener practices through the establishment of national frameworks, grants, and detailed reports.

Posted on 08/01/2025

Overall softness in Singapore retail sector, but premium groceries hold long-term prospects: DBS

DBS Group Research has identified DFI Retail Group and Thai Beverage (ThaiBev) as the top stock picks within the Singapore retail sector for positive near-term business outlook with added corporate ...

Posted on 08/01/2025

DBS shares reach S$45 for the first time

Shares of Singapore’s biggest bank DBS soared to S$45 for the first time on Wednesday (Jan 8). Read more at The Business Times.

Posted on 08/01/2025

Haldiram-Temasek $10 Billion Deal: Singapore Firm to Bite 10% Stake in Snack Giant

Haldiram’s promoters are also considering a Dalal Street debut for the company and are likely to launch an initial public offering (IPO) this year ...

Posted on 08/01/2025

Malaysia-Singapore economic zone to offer tax rates as low as 5%

The Johor-Singapore Special Economic Zone is nearly twice the size of Shenzhen, whose success it is hoping to emulate.

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