Singapore

Singtel invests $250m in African telco

Singtel invests $250m in African telco

It will be utilised for Airtel Africa's preparation for an intended IPO.

Prudential scraps retirement age for employees

The statutory retirement age of 62 is quite still far from Singapore's average lifespan of 83.1.

ICBC Singapore issues $250m offshore bonds

It was soon oversubscribed upon announcement.

Banks fall from grace as lending and non-interest income take blow

The volatile stock markets may bring about as much as 15% decline in non-interest income for DBS and OCBC.

Keppel's earnings revival remains distant as property and O&M arms take hit

The M1 acquisition and Keppel Capital's expansion into new assets may pressure cashflow.

Dairy Farm and NETS to enable Chinese e-payment service WeChat Pay

The service will be available from 1 November at 7-Eleven, Guardian, Cold Storage and Giant.

StarHub's aggressive cost-cutting could yield $210m in savings: analyst

The telco will cut 300 employees to improve operational efficiency.

UOB to support Shandong-based firms' Southeast Asian expansion with $600m funding

It inked a memorandum of understanding with Chinese conglomerate Shanghai Qilu.

shopper360 clinches advertising agreement for NTUC FairPrice supermarkets

It will provide digital and traditional advertising for 68 supermarkets islandwide.

Digital upgrade failed for 3 in 4 SMEs

But some firms think they could still gain 26% from doing so.

Singapore inflation dipped 1.8% in September

Prices of services grew, but they were not enough to offset the moderation in retail prices.

Temasek's Vertex Ventures invests in crypto exchange Binance

The investment is geared towards the development of a crypto exchange in Singapore.

Pavilion Energy inks charter agreement for new BW vessels

It will hire two liquified natural gas (LNG) carriers to boost global trading expansion.