SINGAPORE] Keppel Infrastructure Fund Management, the manager of Keppel Infrastructure Trust (KIT), is divesting a 24.6 per cent stake in an Australian bus service business, Ventura Motors, for A$130 ...
Singapore stocks snap 5-day winning streak, with STI inching down 0.1%
Chinese stocks drop on speculation that US-China trade talks may not be progressing smoothly. Read more at straitstimes.com. Read more at straitstimes.com.
Jumbo ventures beyond chilli crab to bring famous Siji Minfu Peking duck chain to Singapore
SINGAPORE] Home-grown seafood restaurant group Jumbo has inked a joint venture with Chinese roast duck brand Siji Minfu to bring its signature Peking duck to Singapore. Read more at The Business Times ...
🚨 Oil Fraud Fallout: U.S. Sanctions Cripple CCIC Singapore — Firm Collapses After Aiding Iran Shipments
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against CCIC Singapore, a major cargo inspection company based in Singapore. The company, which is Chinese-owned, was ...
Singapore Expects S$642m in Carbon Tax Revenue for 2024, ST Says
Singapore expects its carbon tax revenue to triple in 2024 amid a five-fold hike in tax rate last year, the Straits Times reported Tuesday.
Projected carbon tax revenue for 2024 lower than expected after fivefold hike in tax rate
The $642 million estimate is likely due to allowances given to trade-exposed emitters, say experts. Read more at straitstimes.com. Read more at straitstimes.com.
S’pore’s projected carbon tax revenue for 2024 lower than expected after fivefold hike in tax rate
The $642 million estimate is likely due to allowances given to trade-exposed emitters, say experts. Read more at straitstimes.com. Read more at straitstimes.com.
Corporate financier expects to help list at least four Singapore firms on SGX in next 18 months
These include a Yangzijiang spin-off and a proposed reverse takeover involving vehicle leasing firm Skylink. Read more at straitstimes.com. Read more at straitstimes.com.
Kim Heng inks deal with Singapore Energy Interconnections on submarine power projects
SINGAPORE] Offshore marine services contractor Kim Heng has inked an agreement with a newly incorporated government-linked energy company to cooperate in submarine power projects, the Catalist-listed ...
Singapore stocks close Monday higher ahead of US-China talks; STI up 0.1%
SINGAPORE] Local stocks rose on Monday (Jun 9), in line with gains in Asian markets on hopes that a fresh round of US-China trade talks will ease tensions. Investors also digested the latest China ...
Singapore stocks edge up higher ahead of US-China talks
Investors hope that fresh negotiations will ease tensions between the two economic superpowers. Read more at straitstimes.com. Read more at straitstimes.com.
DBS tops US$100 billion market value in Singapore Exchange first
SINGAPORE] DBS Group Holdings became the first listed company in Singapore to top US$100 billion in market value, helped by a softer US currency that amplified gains on the local stock market. Read ...
Who are the Malaysian billionaire brothers behind the firm buying CDL’s stake in $2.1B Singapore complex?
IOI Properties, which is buying Singaporean developer CDL’s majority stake in the US$2.1 billion South Beach complex in Singapore, is part of a Malaysia-listed conglomerate led by billionaire brothers ...
Singapore among 12 global hubs for tech talent: study
Singapore has been recognized as one of 12 global technology “powerhouses,” well-positioned to attract the capital and talent necessary to foster a robust AI ecosystem.
CCIC Singapore says it laid off staff as US sanctions over Iran oil shipments hit harder than expected
The China-linked Singapore firm is among 15 companies blacklisted by the US in May for helping to conceal the origins of Iranian oil being shipped to China.
Myntra Eyes Global Expansion: Singapore Launch Targets Indian Diaspora, Taps Growing E-Fashion Opportunity
At less than 15 per cent, e-fashion in India is still significantly underpenetrated compared to global benchmarks, presenting a tremendous opportunity, the CEO said.