News

MAS eyes enhanced safeguards for elderly and non-english proficient financial clients

Authorities aim to implement enhancements no later than H2 2025.

New law targets SIM card misuse

Offenders may face fines of up to $10,000, jail for up to 3 years or both.

MOF to list GST-exempt government fees by April

There are three categories of fees subject to GST.

Hiap Tong sells Tuas South property for $4.8m

The sale reflects a loss on disposal of $236,155

Equity capital markets off to slow start, down 54.2% YoY

Of the total proceeds raised in 1Q24, US$458.95m were via follow-on offerings.

$350m contracts boost Seatrium's portfolio

The company is set to complete the new contracts by the end of 2025.

Singapore M&A suffers 5.5% YoY decline in value

Both inbound and outbound M&A deals also declined in 1Q24.

Seatrium awards crane contract to Norway's Motus

The crane will be for Equinor’s Empire Wind 1 Offshore Substation.

Singlife Philippines secures $10.7m for digital expansion

The capital injection will be used for platform enhancement, product innovation, and partnerships.

Contactless, mobile pay dethrone cash in Singapore

Five in 10 say cash is their least preferred payment method.

Daily Markets Briefing: STI up 0.4%; Top stock is DBS

DBS is the top stock with a 0.808% increase.

Bitcoin halving event sparks interest in Singaporean investors: report

With no offerings of Bitcoin ETFs in the city-state, retail investors set sights overseas.

Singaporeans’ top social concerns: mental health, vulnerable groups

Healthy and environment-friendly habits emerge amid growing worries.

Premium bicycle technologies gain momentum in Singapore

There is a rising demand for premium bicycle technologies among Singaporean cyclists.