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Posted on January 1, 2024

A retired banker in Singapore was looking for his next venture. He found it by reviving a dying trade: traditional coffee shops.

Killiney Kopitiam is one of Singapore’s most successful coffeechains. Woon Tek Seng told BI kopi culture will keep flourishing.

( read original story …)



Posted on January 1, 2024

Saudi Arabia’s Public Investment Fund outpaces Singapore’s GIC with US$31.6 billion splurge in 2023

The Public Investment Fund was the world’s most active sovereign investor last year, deploying US$31.6 billion in 2023 versus US$20.7 billion the previous year, according to research consultancy Globa …
Posted on January 1, 2024

Saudi Fund Outpaces Singapore’s GIC With $31.6 Billion Splurge

Saudi Arabia’s Public Investment Fund emerged as the world’s most active sovereign investor last year, boosting its deal activity even as most global peers including GIC Pte and Temasek Holdings Pte …
Posted on December 31, 2023

Singapore residents to feel 2024 GST hike’s ‘psychological pinch’ even with government’s cushioning measures

Businesses in Singapore have unveiled promotions to lure shoppers ahead of the rise in GST from 8 per cent to 9 per cent on January 1.
Posted on December 31, 2023

Singapore economy grows 1.2 per cent in 2023; growth hurt by softer global demand for its exports

who is also the finance minister. “This is not the first time we are having a leadership transition. But transitions are always delicate,” he said, adding that Singapore “will come under close …
Posted on December 31, 2023

2023 Year-End Review Of The Singapore Property Market: Key Numbers And Trends You Need To Know

Things are finally starting to calm down in Singapore’s private property market, with 2023 seeing the tail-end of the post-pandemic supply crunch. But for many buyers, complaint …

( read original story …)



Posted on December 30, 2023

Coffee chains are crowding Singapore in hopes of jump-starting their global expansions

Singapore’s prominence as a global financial hub has attracted international coffee chains to the country despite an already competitive market.
Posted on December 30, 2023

Top Stock Market Highlights of the Week: ComfortDelGro, Sumitomo Life Purchasing Singlife and Singapore’s Core Inflation

One of the largest insurance deals in Asia has just been announced. Sumitomo Life Insurance Company has offered to buy a 35% stake in Singapore Life Holdings (“Singlife”) from TPG and make an offer to …
Posted on December 28, 2023

Singapore’s 2024 Budget statement to be delivered in Parliament on Feb 16

SINGAPORE: Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore’s 2024 Budget statement in Parliament on Feb 16, the Ministry of Finance (MOF) said on Thursday (Dec 28).
Posted on December 28, 2023

Singapore’s 2024 Budget statement to be delivered in Parliament on Feb 16

SINGAPORE: Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore’s 2024 Budget statement in Parliament on Feb 16, the Ministry of Finance (MOF) said on Thursday (Dec 28).

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