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 …
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 …
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.
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 …
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 …
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.
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 …
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).
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).
Singapore imposes civil penalty on Credit Suisse for managers’ misconduct
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$3.9 million on Credit Suisse AG for the bank’s failure to prevent or detect misconduct by its relationship managers, the …