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MAS review group proposes tax perks to boost Singapore’s equities market; more details on Feb 21
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and investments in Singapore’s equities market, in its first set...
MAS review group proposes tax perks to boost Singapore’s equities market as a start
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and investments in the local equities market, in its first...
Barclays sets new performance goals as 2024 pretax profit rises
BARCLAYS upped its 2025 performance guidance on Thursday (Feb 13) after posting a 24 per cent rise in annual pretax profit for 2024 that beat expectations, as its investment...
Sony hikes profit forecast on strong gaming business
It expects a net profit of 1.08 trillion yen (S$9.44 billion) in the year ending March 31, compared with an earlier projection of 980 billion yenJapanese entertainment and electronics...
Siemens posts better than expected profit despite weakness at factory automation
Siemens reported an 8% drop in industrial profit to 2.52 billion euros (S$3.54 billion), beating forecasts for 2.44 billion eurosSiemens reported better than expected profit for its latest quarter...
Latest Singapore six-month T-bill cut-off yield drops to 2.9%
THE cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.9 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday (Feb...
Jollibee shares jump after foreign ownership limit scrapped
SHARES of Jollibee Foods climbed more than 5 per cent on Thursday (Feb 13) after the Philippines’ top restaurant operator said it has secured the bourse’s approval to remove...
Ong Beng Seng’s HPL Shifts Focus to Orchard Road Post-Cuscaden Exit
HOTEL Properties Ltd (HPL), the real estate player owned by tycoon Ong Beng Seng, will focus on developing its assets and holdings after exiting a Temasek-backed consortium that owns...
UAE company plans nuclear power plant in Indonesia
EMIRATES Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian economic affairs ministry said in a...
Asia: Stocks rise, oil falls as Trump fans Ukraine peace hopes
ASIAN markets mostly rose on Thursday (Feb 13) and oil prices extended losses as forecast-topping US inflation was overshadowed by hopes for an end to the Ukraine war after...
China’s coal plant boom is undercutting clean energy push
Long-term coal-power contracts are also reinforcing the fuel’s dominance at the expense of renewablesCHINA embarked last year on its biggest coal-power building boom in a decade, reinforcing the role...
Osim overhauls product details after competition watchdog raises concerns
THE Competition and Consumer Commission of Singapore (CCCS) received a complaint in 2021 from a customer who purchased an Osim product and realised it was not suitable for use...