Singapore
Singapore shares rally at Monday’s open; STI up 0.3%
SINGAPORE stocks were pulled into positive territory on Monday (Mar 4) after global equities ended the previous week with record gains. As at 9.01 am, the Straits Times Index...
Cultivated meat producer Eat Just pauses operations in Singapore
The current pause in production in Singapore comes amid overseas reports of legal and financial woes confronting the US firm. Eat Just is in a legal dispute with a...
Singapore banks’ dividends leave market mixed despite resilient Q4; outlook for 2024 remains stable
SINGAPORE banks wrapped up 2023 with another set of resilient earnings, with results for the fourth quarter largely in line with estimates. But amid expectations of higher dividend yields,...
Singapore to spend up to S$500 million on AI compute, S$27 million on AI training for students
SINGAPORE will invest up to S$500 million in high-performance compute resources to support artificial intelligence (AI) innovation and capacity building, said Senior Minister of State for Communications and Information...
Singapore to tackle resilience, security risks with new law for digital infrastructure service providers
SINGAPORE intends to introduce a Digital Infrastructure Act to govern key digital infrastructure service providers, in order to address resilience and security risks. “Large cloud service providers and data...
PropertyGuru reports S$1.1 million net profit in Q4 amid higher Singapore revenue
ONLINE property portal PropertyGuru posted a net income of S$1.1 million for the fourth quarter ended December, reversing from a net loss of S$5.2 million a year prior and...
Singapore partners ExxonMobil-Shell consortium to study cross-border carbon capture and storage
THE Singapore government is partnering a consortium formed by ExxonMobil and Shell to study the feasibility of a cross-border carbon capture and storage (CCS) project, with the aim of...
Singapore shares open flat on Friday; STI remains unchanged
SINGAPORE shares opened flat on Friday (Mar 1) morning, despite overnight gains in global markets. The Straits Times Index (STI) was flat, falling just 0.09 point to 3,141.76 as...