Overseas investments made up 45.6% of Singapore's capital in 1Q24. Singapore received the highest portion of cross-border capital in Asia-Pacific, receiving US$906m from institutional investors.
Glencore, PT Chandra Asri nears $1bn deal for Shell’s Singapore assets
Indonesia’s PT Chandra Asri Pacific is expected to become operator and majority owner of Shell’s Singapore assets.
HSBC names ex-Citi banker as head of global banking in Singapore
Gilbert Ng has experience in corporate finance and risk management. HSBC has announced Gilbert Ng as the new head of global banking (GB) in Singapore, effective 2 May. Ng is tasked with growing the ...
Crypto.com says it now has more than 100 million global users
Singapore-based digital asset exchange Crypto.com today said that more than 100 million people around the world are now using its services. Per its press release, this milestone was achieved shortly ...
SICCI head: Ties between Singapore and India will continue to flourish under Lawrence Wong
SINGAPORE: At the centennial celebration of the Singapore Indian Chamber of Commerce and Industry (SICCI) on... The post SICCI head: Ties between Singapore and India will continue to flourish under La ...
SINGAPORE’S PRIVATE ECONOMY EXPANDS FOR 14 CONSECUTIVE MONTHS
SINGAPORE, May 6 (Bernama-Xinhua) -- The seasonally adjusted S&P Global Singapore Purchasing Managers' Index posted 52.6 in April, marking the Singaporean private business condition's continued ...
SIA and Scoot first airlines to get Neste’s Singapore-made sustainable fuel at Changi Airport
SINGAPORE: The Singapore Airlines (SIA ... shippers and freight forwarders to claim the associated environmental benefits for flights related to their business travel and operations, validating the ...
Five years’ jail for scam mastermind in Singapore who cheated company director of RM5.25mil
Under the pretence of facilitating a loan deal, a man who was a bankrupt duped a director of three firms into handing over $1.5 million in February 2021.
Luxury watch investment firm in breach of contract over timepieces worth $2.5m: High Court
The company was ordered to repurchase the watches at the prices it had offered. Read more at straitstimes.com.
Singapore reviewing proposal by SVCA to revive local stock market: FT
The document, according to the FT, is being reviewed by the Singapore Exchange S68 - Other agencies involved include the Economic Development Board, the Monetary Authority of Singapore and the ...
Man fined $8,000 for illegally importing 6.3 tonnes of meat products
SFA officers found and seized the goods, which included chicken, duck and mutton products. Read more at straitstimes.com.
Surge in Chinese tourist arrivals in Singapore for Labour Day ‘Golden Week’
Tour operators said arrival numbers rose by at least 20 per cent during the May 1 to 5 period. Read more at straitstimes.com.
Singapore Airlines buys sustainable aviation fuel from Neste
Singapore Airlines Group (SIA) ordered 1,000 tons of sustainable aviation fuel from refiner Neste , the first supply of such fuel produced in Neste's refinery in the city-state to airlines at Changi ...
Regulatory hurdles: South Korea blocks crypto charity donations
South Korea has decided to remove virtual currencies as a form of donation. Kyunghyang Shinmun reported on May 5 that the Ministry of Public Administration has revised the “Donations Act,” but the ...
Crypto Venture Capital Funding Raised Over $1B in April and March, Signaling Onset of Bull Season
The blockchain infrastructure sector attracted over $1 billion in crypto funding in April, closely followed by the DeFi, and CeFi.
Singapore shares close higher, with Reits leading gainers
Market analysts say the outperformance comes amid improved investor sentiment towards inflation and interest rates. Read more at straitstimes.com.