Culture
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2024/25 on robust growth and higher consumption
Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor[SINGAPORE] The Inland Revenue Authority of Singapore (Iras) collected S$88.9 billion in tax revenue for the financial...
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2025 on robust growth and higher consumption
Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor[SINGAPORE] The Inland Revenue Authority of Singapore (Iras) collected S$88.9 billion in tax revenue for the financial...
Centurion Accommodation Reit to offer 262 million units at S$0.88 apiece in mainboard listing
Spinoff from Centurion Corp intends to raise gross proceeds of approximately S$1.5 billion[SINGAPORE] Mainboard-listed Centurion Corp is spinning off several of its worker accommodation properties into a Singapore-listed real...
Australia’s multi-billion dollar energy link to Asia will focus on local data centres for now
The development is one of the most ambitious global efforts to supply power-hungry Asian economies that lack the land to generate enough clean energy[SYDNEY] The US$24 billion renewable energy...
Asia: Markets mostly up as producer price data stokes rate cut bets
ASIAN equities mostly rose on Thursday as investors built on this week’s rally after US data ramped up expectations for a string of interest rate cuts.Markets have enjoyed a...
Top Japan start-up Sakana AI touts nature-inspired tech
WHEN David Ha started an AI company in Japan with his former Google colleague, they had a choice: create another huge, energy-intensive tool like ChatGPT, or go their own...
Indonesian yield curve steepest since early 2023 on fiscal fears
Longer-dated rupiah bonds are also vulnerable to moves in US Treasuries due to the heavier concentration of global investors in those notes[SINGAPORE] The gap between yields of Indonesia’s short-...
China’s US$4.5 trillion flows mark tipping point in market opening
A world-beating stock market rally has led the recent surge in two-way financial flows, which surged to an unprecedented US$4.5 trillion in the first seven months of the year[BEIJING]...
TVM Capital Healthcare announces first close of US$150 million South-east Asia Fund
Investor commitments to the fund include institutional investors and cornerstone investor Invest International, which was founded by the Dutch government and FMO bank. [SINGAPORE] TVM Capital Healthcare, a private...
Bank of Japan watchers expect hike by January with 36% touting October
The central bank will kick off its September meeting shortly after the US Federal Reserve is expected to cut its policy rate[TOKYO] Most Bank of Japan (BOJ) watchers expect...
