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Tag: Singapore

Posted on March 2, 2025

Singapore bank UOB hits record high after Q4 earnings beat, $2.2 billion capital return

Shares of Singapore’s United Overseas Bank, or UOB , hit a record high on Wednesday after it posted a 9% rise in fourth-quarter net profit that beat expectations and announced a S$3 billion ($2.24 …
Posted on March 2, 2025

Singapore charges three with fraud in cases reportedly linked to smuggling of Nvidia chips to China

Officials in Washington are reportedly scrutinizing chip shipments to Singapore following the recent success of Chinese startup DeepSeek.
Posted on March 2, 2025

Singapore charges three with fraud in cases reportedly linked to smuggling of Nvidia chips to China

Officials in Washington are reportedly scrutinizing chip shipments to Singapore following the recent success of Chinese startup DeepSeek.
Posted on March 2, 2025

Budget 2025 debate: Don Wee on Singapore as leader in green finance and sustainability

Singapore must continue to lead in green finance and sustainability, said MP Don Wee. Speaking in parliament on Thursday (Feb 27), he urged the government to liberalise the GST treatment for input tax …
Posted on March 1, 2025

Singapore’s PM Wong gives assurance that HDB flats will remain affordable in the longer term

SINGAPORE: Housing Board flats will remain affordable in the long run, said Prime Minister Lawrence Wong as he sought to assure Singaporeans that the Government will ensure their basic needs would …

( read original story …)



Posted on February 28, 2025

Indonesia begins fasting on Saturday (March 1); Singapore, Thailand and Cambodia follow on Sunday

Muslims in Indonesia will begin fasting on Saturday (March 1), while Singapore, Thailand, and Cambodia will commence fasting on Sunday (March 2).
Posted on February 28, 2025

CDL through the years: From humble roots to family rift at Singapore’s property giant

The dispute has culminated in a High Court hearing on Feb 26 to hear Kwek Leng Beng’s lawsuit against his son and several board directors. Read more at straitstimes.com.

( read original story …)



Posted on February 28, 2025

Property Tycoon Ong to Plead Guilty Over Singapore Ex-Minister Scandal

Property tycoon Ong Beng Seng is set to plead guilty on two charges related to a case involving jailed former transport minister S. Iswaran.

( read original story …)



Posted on February 26, 2025

Father-son feud and an alleged ‘attempted coup’ rock one of Singapore’s largest property developers

Kwek Leng Beng, the chairman of City Developments Limited, is accusing his son Sherman Kwek, who is the CEO, of “serious lapses of corporate governance”.

( read original story …)



Posted on February 26, 2025

Thai fortunes dominate Southeast Asia’s 5 richest families list

Three of the five richest families in Southeast Asia are from Thailand, with the other two from Indonesia and Singapore/Malaysia, according to a recent list compiled by Bloomberg.

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