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NXP, TSMC affiliate plan to expand US$7.8 billion Singapore plant
NXP Semiconductors and a Taiwan Semiconductor Manufacturing Co (TSMC) affiliate are discussing an expansion of their US$7.8 billion…
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Singapore
Fashion
Singapore investors think AI investments boost companies’ productivity, profitability: PwC survey
SINGAPORE investors think technological advances will be the most significant driver of change for the businesses they invest in – ahead…
Fashion
Singapore, Hong Kong to make up half of StanChart’s affluent business in ‘ambitious’ expansion plans
It is targeting US$200 billion in new assets and double-digit income growth in its wealth business over the next five years SINGAPORE and…
Fashion
ExxonMobil considering sale of Singapore petrol stations for US$1 billion: sources
THE largest bloc of petrol stations in Singapore may soon hit the market. US energy major ExxonMobil – which is believed to have 59 petrol…
Fashion
The world’s super rich are moving to Dubai, but keeping their assets in Singapore, Switzerland
Nevertheless, influx of wealth into the UAE city will likely support its growth as a booking centre MORE high-net-worth individuals around…
Fashion
ExxonMobil is said to weigh sale of US$1 billion Singapore gas stations
OIL major ExxonMobil is considering a sale of its gas stations in Singapore, which could raise about US$1 billion, according to sources…
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MOF launches open call for feedback on Singapore Budget 2025
THE Ministry of Finance (MOF) on Monday (Dec 2) announced an open call for public feedback for Budget 2025, which is scheduled to be…
Fashion
Singapore stocks open in the green; STI up 0.7%
SINGAPORE stocks opened higher on Monday (Dec 2), following gains in Asia as markets enter a seasonally strong period. The benchmark…
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Singapore stocks close up 0.3%, tracking strong gains in Asia on positive China data
heightened tension to ultimately provide fuel for two multi-year trends benefiting Singapore: FDI and wealth inflows. SINGAPORE stocks…
Culture
MAS is right to resist push for even looser leverage requirements for Singapore Reits
A more liberal regulatory stance towards these trusts – including the ones that are here just for the external manager model – may be a…
Fashion
Voice of citizenship from a stable country louder in Singapore expats
In an increasingly interconnected world, having the right tools to expand horizons is key to long-term success. Singapore has long been…
Fashion
Singapore shares open lower on Friday; STI down 0.4%
SINGAPORE stocks were trading in negative territory on Friday (Nov 29), following continued worries regarding Trump’s tariff threats. As…
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Singapore shares end higher on Friday amid cautious optimism; STI up 0.1%
SINGAPORE stocks closed on Friday (Nov 29) in the black, as global markets appeared to take Donald Trump’s impending presidency with…
Fashion
Amazon injects S$2 billion into its Singapore businesses in 2023
AMAZON on Thursday (Nov 28) announced that it injected more than S$2 billion into its retail and cloud businesses in Singapore in 2023.…
Culture
Amazon says it injected S$2 billion into its Singapore businesses in 2023
AMAZON on Thursday (Nov 28) announced that it injected more than S$2 billion into its retail and cloud businesses in Singapore in 2023.…
Culture
Singapore stocks rise on optimism over rebound in real incomes and easing inflation; STI up 0.8%
SINGAPORE stocks ended higher on Thursday (Nov 28) after the Republic reported a rebound in real incomes for 2024, according to…
Fashion
UBS cuts four loan bankers in Singapore, Hong Kong as deal flow slows
UBS Group cut four loan syndication bankers in Asia, according to people familiar with the matter, as elevated funding costs cast a pall…
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Singapore banks, insurers in ‘good position’ to withstand severe macrofinancial shock: MAS
Most investment funds also have enough liquidity to meet redemption shocks, its liquidity stress-simulation tests have found SINGAPORE’S…
Culture
Sanofi boosts preparedness with S$800 million Singapore plant
Modulus can also be reconfigured within a few days to transform between technological platforms, a process which traditionally takes…
Fashion
Current higher yields on Singapore Savings Bonds and Treasury Bills unlikely to last: analysts
December tranche gives a 10-year average return of 2.81%; sees S$164.8 million in applications versus S$600 million on offer THE latest…
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Most Singapore companies able to service debt despite higher interest expense: MAS
DESPITE higher interest expenses, most companies in Singapore have been able to generate enough earnings to service their debt, said a…
Culture
Financial institutions, companies in Singapore have enough buffer to weather shocks: MAS
COMPANIES and financial institutions in Singapore have enough buffers to manage shocks to their incomes and financing costs as their…
Fashion
Singapore shares rise at Wednesday’s open; STI up 0.3%
SINGAPORE stocks began trading higher on Wednesday (Nov 27), despite US president-elect Donald Trump’s tariff threat on major trading…
Culture
Singapore stocks edge lower as tariff concerns weigh on investor sentiment; STI down 0.1%
SINGAPORE stocks closed slightly lower on Wednesday (Nov 27), mirroring a mixed performance across other Asian markets as investors…