BlackRock has increased its SGX stake to 5% by buying 18,800 shares for $182,042.28, amidst controversy over its MABH investment in Malaysia.
Singapore Business
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LTA To Spend SGD 900 Million To Ramp Up Singapore’s Bus Network
As Singapore’s rail network expands with new stations and lines like the Circle Line, Jurong Region Line (JRL), and Cross Island Line (CRL), public buses will play a crucial role
Banking and Finance
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GFI and ICP Hub Singapore Target Financial Education and Knowledge Sharing Through MoU
GFI and ICP Hub Singapore partner to advance fintech and Web3 ecosystems, focusing on community engagement, talent development, and innovation through a new MoU.
Energy
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Singapore, US Sign Deal to Explore Nuclear Energy Cooperation
Singapore and the US signed a “123 Agreement” to explore nuclear technology for climate and energy needs, without committing Singapore to deploy nuclear energ
Singapore Business
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KTC Civil Engineering awarded $590m contract for Jurong Lake District MRT station and tunnels
LTA awarded KTC Civil Engineering a $590M contract to build Jurong Lake District MRT station, part of Cross Island Line Phase 2, opening in 2032
Singapore Business
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Singapore to trial passport-less immigration clearance at Changi Airport on August 5
Additionally, a QR code clearance system, already in use for cars and buses at land checkpoints, will soon extend to motorcyclists, offering a passport-less option for border crossing.
Cars
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GetGo and Charge+ partner to offer shared EVs in Singapore condos
GetGo and Charge+ partner to install shared EVs and charging points in 100 Singapore condos by 2025, promoting sustainable transport and reducing car ownership.
Branding
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Charles & Keith opens third global flagship in Singapore
Charles & Keith opens its third global flagship store in Jewel, Changi Airport, Singapore, featuring immersive displays, personalisation services, and a unique desig
Singapore Business
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Singapore Rises to 5th in Global Startup Rankings, Surpassing Sweden
Singapore has risen to 5th place globally in startup rankings, surpassing Sweden and solidifying its position as Asia’s top startup ecosystem.
Economy
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Economist Lowers Singapore’s Q2 2024 GDP Growth Forecast to 2.6%
RHB economists cut Singapore’s Q2 2024 GDP growth forecast to 2.6%, citing declining manufacturing output and potential global risks, including U.S. trade policy shifts