Z hang Ying, the wife of Chinese billionaire Jack Ma, bought three properties in Singapore for a total of up to S$50 million ($37 million), according to a report by local business newspaper the ...
Singapore to invest up to S$100 million to boost broadband network to 10Gbps; upgrade to start from mid-2024
SINGAPORE: The nationwide broadband network will undergo an upgrade of up to S$100 million (US$74.3 million), with more than half a million households expected to sign up and benefit from higher ...
Singapore-Listed U.S. REITs Gain on Distributions
By Amanda Lee Units of two Singapore-listed real-estate investment trusts rose after the companies announced distributions to unitholders for 2023, ...
Singapore To Charge Passengers a Fee for Mandatory Sustainable Aviation Fuel Usage
Singapore introduces a passenger levy to fund the mandatory use of SAF on departing flights, aiming to balance growth with environmental sustainability in the aviation sector.
Singapore Market falls 0.83%
At closing bell, the Straits Times Index (STI) index was down 26.95 points, or 0.83%, to 3,217.11 after trading between 3,214.53 and 3,247.63. Volume of 2.24 billion shares worth S$1.47 billion ...
Ask The Finance Minister 2024
Finance Minister Lawrence Wong responds to burning questions from Singaporeans in an insightful discussion after his 2024 Budget speech. The candid conversation focuses on the bread-and-butter issues ...
Singapore’s monetary authority advises banks to get busy protecting against quantum decryption
Singapore is a regional hub for Asia's financial services community and is growing in importance as that sector considers China's increasing influence in Hong Kong. Few major finance industry players ...
Singapore to invest up to S$100 million to boost fibre network to 10Gbps; upgrade to start from mid-2024
SINGAPORE: The nationwide broadband network will undergo an ... access to speeds of up to 10Gbps in the second half of this decade, said Mr Wong, who is also Finance Minister. The speed would be 10 ...
Singapore to invest up to S$100 million in 10 Gbps fibre network upgrade
This will support maintaining Singapore’s global competitiveness and unlocking further economic opportunities.” IMDA’s investment is in line with Finance Minister Lawrence Wong’s announcement last ...
Singapore Market closes 0.56% higher
At closing bell, the Straits Times Index (STI) index was up 18.15 points, or 0.56%, to 3,244.06 after trading between 3,244.06 and 3,219.52. Volume of 1.93 billion shares worth S$978.65 million ...
OCBC to give 4,600 junior staff in Singapore S$1,000 each to cope with rising cost of living
OCBC will give a one-off payout of S$1,000 each to about 4,600 junior employees in Singapore to help them “better cope with rising cost-of-living concerns”, the bank announced on Tuesday (Feb 20).
Yinson mulls US$1 bil funding round for unit before IPO, sources say
The Kuala Lumpur-listed company is working with a financial adviser on the fundraising for Yinson Production Offshore Pte.
Singapore, Hong Kong Spac failures highlight thwarted ambitions
Singapore may have beaten Hong Kong to listing the first Spacs in January 2022, but Mak called that victory “hollow”. Three Spacs — Vertex Technology Acquisition, Novo Tellus Alpha Acquisition and ...
Singapore boosts AI ambitions with £740m investment plan
Singapore has announced plans to inject around £740m (S$1.2bn) into AI development over the next five years, The substantial investment, announced by Deputy Prime Minister Lawrence Wong on Friday (16 ...
Saudi Wealth Fund, Singapore’s PSA consider Global Ports IPO
SAUDI Global Ports, which is owned by the kingdom’s sovereign wealth fund and Singapore’s PSA International, is considering an initial public offering in Riyadh, according to people familiar with the ...
Singapore Institute of Advanced Medicine’s IPO fully subscribed
THE initial public offering (IPO) on the Catalist board for Singapore Institute of Advanced Medicine (SAM) Holdings, a cancer-treatment provider, has closed with all 114 million new shares subscribed ...