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Tag: stock market

Posted on 19/02/2024

13 blue-chip stocks that could benefit from Singapore’s Budget 2024

Find out more about subscription packages here. UNLIKE last year’s budget focusing more on wealth re-distribution, Singapore’s Budget 2024 has an investment tilt that lifts market sentiment. The ...

Posted on 19/02/2024

Singapore to invest S$1bn in AI over five years

The funding will go towards compute, talent, and industry development to support Singapore’s national AI strategy ...

Posted on 19/02/2024

Singapore Sees ‘Challenging’ Trade Climate Regardless of Trump

Singapore must be prepared for a more challenging trade environment going forward regardless of who wins the US presidential election in November as the city-state seeks a place in what its top trade ...

Posted on 19/02/2024

Singapore bags $750m in aerospace investment projects, sector to hire 2,500 more workers: EDB

The aerospace industry is expected to hire more than 2,500 workers here over the next three to five years to support the sector's continued growth. These new jobs include operator, technician, ...

Posted on 19/02/2024

Singapore lands more than S$750million in investments from aerospace companies

Aerospace companies have committed to invest more than S$750 million in Singapore over the next three to five years. The Economic Development Board said that 2,500 jobs are expected to be filled over ...

Posted on 18/02/2024

Singapore’s fiscal position, details of Refundable Investment Credit scheme could give it an edge over competitors: watchers

WHILE jurisdictions elsewhere have introduced or are planning measures similar to Singapore’s new Refundable Investment Credit (RIC) scheme, the city-state’s strong track record and fiscal ability, ...

Posted on 18/02/2024

Singapore finance minister announces expanded social, corporate support in 2024 budget

Singapore's Finance Minister Lawrence Wong on Friday told parliament the 2024 budget would boost spending to counter inflationary pressures on households and businesses in the city-state as its ...

Posted on 18/02/2024

Singapore bags S$750 million in aerospace investment commitments, 2,500 jobs to be filled: EDB

SINGAPORE has bagged over S$750 million in investment commitments from more than 10 aerospace projects. The sector is also expected to hire over 2,500 roles over the next three to five years. Read ...

Posted on 18/02/2024

Retail investors net buy S$1 billion of Singapore stocks in early 2024

THE net institutional fund flows for the first six weeks of 2024 showed a similar trend as the same period in 2023, with net withdrawals of S$463 million. This was slightly higher than the net ...

Posted on 18/02/2024

S$40b to be spent on Forward Singapore exercise a very significant signal: Analyst

The announcement that S$40 billion will be spent by the end of the decade in the Forward Singapore exercise, has been described as a very significant signal. Political analyst Eugene Tan says it also ...

Posted on 18/02/2024

Singapore to Invest Over $743 Million in AI in Five Years

Singapore has announced a major investment in artificial intelligence (AI), with more than $1 billion earmarked over the next five years to propel the city-state to new heights in AI development.

Posted on 18/02/2024

Commentary: Budget 2024 – Remaking Singapore, one Budget at a time

In seeking to remake Singapore root and branch, Budget 2024 has set the tone for subsequent Budgets, says SMU associate professor of law Eugene Tan.

Posted on 17/02/2024

Singapore’s budget has ‘something for everyone’ amid rising living costs. Does move signal an election is near?

Measures such as US$445 for each household, and rebates for businesses, would provide ‘near-term relief’, No 2 leader Lawrence Wong said.

Posted on 17/02/2024

Singapore to invest over $1 billion in AI over the next five years: Budget 2024

It will also upgrade the national broadband network to ensure that it can effectively support AI development and deployment.

Posted on 16/02/2024

Anchor Fund @ 65 and Growth IPO Fund invest in 9 companies; preparing them for IPO

A TOTAL of nine companies have already received investments from two funds that were established in 2022 to support high-growth enterprises to raise capital in Singapore’s public equity market. Read ...

Posted on 16/02/2024

Singapore eyes corporate tax rise, AI investment in 2024 budget

SINGAPORE -- Singapore is set to raise corporate taxes on multinationals from the start of next year while it will beef up efforts to become an artificial intelligence hub, Finance Minister Lawrence ...

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