News
44 projects granted ABSD remission extension, says Wong
44 projects granted ABSD remission extension, says Wong
The figure represents 12% of projects with a sales deadline within 2021-2023.
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
Financials sector dominates Singapore bond offerings
The sector raised US$3.5b in 1Q24.
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.
Singapore’s insurance agent numbers wane, appeals fewer since 2015
Around 90% of these agents were Singapore citizens.
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.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape