Business

Car sales support Singapore s retail sales rose 1.4% year-on-year in May

5 July 2025

Excluding car sales, retail sales remained unchanged year-on-year in May, reaching 3.6 billion yuan. The increase in catering retail sales expanded slightly, increasing by 1.4% year-on-year to 1 billion yuan. In terms of areas where sales decreased,...

Five Singapore payment institutions are fined RMB 960,000 in violation of anti-money laundering regu

29 June 2025

These companies hold licenses that provide cross-border remittance services, namely Remsea, Arcade Plaza Traders, J-Dee Remittance Services, Mobile Community Tech and OxPay SG. The HKMA said that the authorities expect senior management of financial...

PEC Group delisted on June 19th this month three companies have been delisted.

20 June 2025

PEC Group shareholders passed the agreement on May 5 with a high vote, with the total value of the acquisition reaching US$165 million (S$213 million). PEC Group mainly serves customers in the oil and gas and petrochemical industries. Acquirer Allia...

Air India crash SIA shares fell 1.57% early Friday

14 June 2025

An Air India Boeing 787-8 Dreamliner was scheduled to fly from Ahmedabad, India to London, England on Thursday (12th), but soon after taking off, crashing into a medical school dormitory, causing serious casualties. Singapore's stock price once...

Huangsheng Brewing continues to expand its business, with an estimated expenditure of RMB 92 million

10 June 2025

In addition, Huangsheng Winemaking will expand another Scotch whisky aging facility, with an area of from 45.4 hectares to 92 hectares. The expansion will allow the aging facility to accommodate an additional 1.5 million barrels of whiskey. These...

Helewu’s first resort project is renovated in the east and is expected to be put into operation in t

4 June 2025

According to a statement released by Helewu on Tuesday (June 3), the above-mentioned lot that the company won is held by the Singapore Land Administration (SLA), with a total area of 106,949 square feet, including 20 two-story buildings, four sing...

Independent Financial Advisor: Anguo Holdings acquisition offer is fair and reasonable

28 May 2025

Independent financial advisers believe that the offer is "fair", and the reasons include: the stock has been trading at a price lower than the NAV per share in the past three years, with the acquisition price being 1.33 times the NAV; the...

The latest six-month Treasury bond yield fell to 2.2%

23 May 2025

Investors who subscribed by non-competitive bidding received 100% of the total subscription amount, with a subscription amount of 1.5 billion yuan. About 59% of investors who subscribe through bidding were allocated. The Monetary Authority of Singap...

Local stock markets opened on Monday and fell 0.16%

20 May 2025

The transaction volume was 105.01 million shares and the transaction volume was 143.37 million yuan. There are 82 rising stocks, while there are 112 falling stocks. Singapore stock market opened on Monday (May 19), and as of 9:15 am, the Straits Tim...