Business
Jefferies moving to bigger Singapore office amid expansion push
Jefferies Financial Group is set to move to a larger office space in Singapore, according to sources familiar with the matter, in a…
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Singapore
Business
Grab's new Singapore taxi licence approved as it will need to grow its business organically: regulators
Ride-hail and delivery giant Grab’s entry into the taxi sector was approved because it intends to start a new taxi fleet rather than…
Business
Singapore shares slide ahead of Trump’s tariffs; STI down 0.4%
Singapore shares fell on Wednesday (Apr 2), ahead of the United States unveiling tariffs against its trade partners. The blue-chip gauge,…
Business
Maybank initiates coverage on Centurion with ‘buy’ call with construction boom in Singapore expected
Maybank on Friday (Mar 28) initiated coverage of Centurion with a “buy” call, on optimism over the tighter supply of worker dormitory beds…
Business
Here are the 5 top-performing Singapore stocks in Q1 – DBS, UOB and OCBC are not among them
The Straits Times Index (STI) achieved multiple highs in the first quarter of 2025, driven by factors such as investors flocking to safe…
Business
RHB Singapore appoints new CEO Goh Ken-Yi
Goh Ken-Yi has been named the new chief executive officer (CEO) of RHB Singapore, effective Tuesday (Apr 1). He succeeds Danny Quah, who…
Business
LTA issues Grab taxi operator licence in Singapore
GrabCab receives street-hail service operator licence valid for 10 years from Apr 9, is sixth such operator here The Land Transport…
Business
Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital can fund potential acquisition
A potential acquisition of Indonesia’s Panin Bank could benefit from DBS’ strong track record of turning around unprofitable targets, and…
Business
UltraGreen.ai is said to mull up to S$400 million IPO in Singapore
The company is working with financial advisers to help plan an offering that could take place in Singapore as soon as this year…
Business
European private equity company Inflexion opens Singapore office
Move includes hiring a managing director for investor relations focusing on Asia-Pacific London-based private equity company Inflexion is…
Business
Shell completes Singapore refinery sale to Chandra Asri-Glencore joint venture
Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, the company said on…
News
Singapore companies in Myanmar, Thailand largely unaffected by earthquake
Companies from Singapore that operate in Myanmar and Thailand said that operations have been largely unaffected by the severe earthquake…
Business
Singapore shares close lower despite earlier crossing 4,000-mark for the first time
Shares on the local bourse retreated on Friday (Mar 28), despite the benchmark Straits Times Index (STI) hitting an all-time high in early…
News
S$800m rail test centre opens, allows trains and rail systems to be tested in Singapore
Trains and rail systems can now be tested in Singapore, with the completion and opening of a new S$800 million test centre in Tuas. Opened…
Business
Growing Singapore border demand boosts Malaysian bus firm IPO
Malaysian bus operator HI Mobility Bhd. is betting on increased traffic at the Singapore border to drive growth as the company readies to…
Business
Growing Singapore border demand boosts Malaysian bus firm’s IPO
Malaysian bus operator HI Mobility is betting on increased traffic at the Singapore border to drive growth as the company started trading…
Business
Singapore fund inflows surge 167% to S$7.6 billion for 2024: Morningstar
Total net inflows into Singapore-registered funds hit S$7.6 billion for 2024, a surge of 167 per cent from S$2.85 billion in 2023,…
Business
Singapore stocks rise on Wednesday; STI up 0.2%
Stocks on the Singapore bourse ended higher on Wednesday (Mar 26), tracking gains in the region and overnight on Wall Street. The…
Politics
Latest Singapore six-month T-bill cut-off yield rises to 2.73%
The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) rose to 2.73 per cent, the auction results by the Monetary…
Business
'When you walk into a Cold Storage, you must feel like you’re (boarding) Singapore Airlines': New owner Andrew Lim
As the acquirer reaps economies of scale from larger import volumes, consumers can expect lower prices and a wider range of products in…
Business
Singapore stocks track regional gains on Tuesday; STI up 0.5%
Singapore Exchange is the top gainer on the index while Venture Corp sees the biggest drop Singapore stocks ended higher on Tuesday (Mar…
Business
Temasek-backed insurance services firm Specialist Risk Group sets up Asia-Pacific hub in Singapore
London-headquartered Specialist Risk Group (SRG) announced the formal launch of its Asia-Pacific operations on Tuesday (Mar 25),…
Business
Singapore shares rise on Monday; STI up 0.3%
Singapore shares ended higher on Monday (Mar 24), bucking a regional trend. The Straits Times Index (STI) rose 0.3 per cent or 9.88 points…
Business
DFI up 5.8% on sale of Singapore food business
It is selling its Singapore food business to South-east Asian retail conglomerate Macrovalue (Malaysia) for an initial purchase price is…