9 hours ago
ComfortDelGro introduces new temporary driver fee, increases meter fare to better support cabbies
Ry-Anne Lim - The measures will take effect from Mar 24 to May 31
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
9 hours ago
Q&M's Ng raises deemed stake in company with open market buying at 55.9 cents apiece
The Edge Singapore - Quan Min Holdings, an entity used by Dr Ng Chin Siau and related parties to control Q&M Dental Group, has increased its stake in the growing dental chain. On March 17, Ng paid $1.33 million to buy 2.38 million shares from the open market, which works out to an average of 55.9 cents apiece. This ...
9 hours ago
Secura wins $12.9 mil contract to provide security to Singapore's public museums
The Edge Singapore - Secura Group has been given a three-year contract worth $12.9 million from the National Heritage Board to provide security services across the various museums and heritage institutions under this government body. Under the contract, Secura will introduce a security system that incorporates AI-suppor ...
9 hours ago
Amazon launches 1-hour shipping in US cities to challenge Walmart
NEW YORK, March 17 : Amazon is ramping up its speedy delivery service by offering 1-hour and 3-hour shipping in markets across the U.S., including Los Angeles and Chicago, in its latest efforts to stave off e-commerce competition from its biggest rival Walmart. Fast delivery has been a significant p ...
9 hours ago
Iran rejects de-escalation offers; Israel says it has killed Iranian security chief Larijani
The Strait of Hormuz remains largely closed off, and US allies have rebuffed US President Trump’s calls for them to help...
9 hours ago
Iran rejects de-escalation offers; Israel says it kills Iranian security chief Larijani
Head of Basij militia also killed, Israeli Defence Minister Israel Katz says
9 hours ago
Israel says Iran’s security chief Larijani is killed, Teheran strikes Gulf neighbours
[DUBAI/JERUSALEM] Defence Minister Israel Katz said on Tuesday (Mar 17) the Israeli military had killed Iran’s security chief and the head of...
10 hours ago
Banks power Singapore stocks higher on Tuesday; STI up 1.4%
Renald Yeo - The iEdge Singapore Next 50 Index advances 0.6% to 1,445.35
10 hours ago
MAS issues prohibition orders against ex-bankers involved in S$3 billion money laundering scandal
Ry-Anne Lim - The two former bankers are barred from conducting any MAS-regulated activities and cannot participate in the management of any financial institution
10 hours ago
Indonesia holds rates steady, signals Iran war limits room for cuts
JAKARTA, March 17 : Indonesia's central bank kept its key interest rates unchanged on Tuesday and signalled little room for rate cuts ahead given the impact of the war in the Middle East. Bank Indonesia held the benchmark 7-day reverse repurchase rate at 4.75 per cent, as had been forecast by 2 ...
10 hours ago
Fans of niche Japanese crisps brand panic after oil shortage halts production
TOKYO, March 17 : Die-hard fans of a niche Japanese crisps brand took to the internet on Tuesday to lament a production halt the snack maker Yamayoshi Seika blamed on a shortage of cooking oil caused by the conflict in the Middle East.The U.S. and Israel's war on Iran and the resulting effectiv ...
10 hours ago
China state bankers face 30% bonus cuts as pay reform deepens
Authorities are particularly focused on fixing an inverted pay structure
10 hours ago
Japan's Idemitsu to invest $500 million in Australian Midocean to enter LNG business
TOKYO: Idemitsu Kosan, Japan's second-biggest oil refiner, said on Tuesday (Mar 17) it will invest US$500 million in Australia's MidOcean Energy as part of a move towards a full-scale entry into the LNG business.MidOcean Energy is an LNG platform backed by U.S. energy-focused private equit ...
10 hours ago
MAS issues prohibition orders on former Citi and Julius Baer RMs convicted for roles in $3 bil money-laundering case
The Edge Singapore - The Monetary Authority of Singapore (MAS) has issued prohibition orders to two former relationship managers previously convicted for their roles in the $3 billion money-laundering case of 2023. Wang Qiming, a former RM then with Citibank, was given a two-year sentence last October. He was guilty of ...
10 hours ago
Serial Achieva signs MOU with new shareholder UFCT to tap AI opportunities
Jean Low Jie Ying - The partnership promises opportunities in artificial intelligence, cloud computing and other advanced storage technologies
10 hours ago
Samsung to stop selling US$2,899 TriFold phone after three months
The Korean company will begin by halting sales in its home market
11 hours ago
Bitcoin surprises as oasis of calm while Iran war jolts markets
The cryptocurrency has gained nearly 14% since the conflict broke out
11 hours ago
TPG establishes elderly healthcare firm in Singapore, Malaysia
Demand for nursing homes and community-based care is rising
11 hours ago
Singapore car rental company and customer end up in court over alleged unpaid deposit
Derryn Wong - Charlotte Vehicle says the statements are ‘false and misleading’
11 hours ago
Singapore car rental company and customer end up in tribunal over alleged unpaid deposit
Derryn Wong - Charlotte Vehicle says the statements are ‘false and misleading’
11 hours ago
Citigroup cuts 12-month bitcoin, ether targets as US crypto legislation stalls
March 17 : Citigroup cut its 12-month forecast for bitcoin and ethereum, citing slow U.S. legislative progress that narrows the window for regulatory catalysts expected to boost ETF-driven demand and broader institutional adoption.Progress on U.S. crypto market-structure legislation has stalled in t ...
11 hours ago
Seatrium adopts Workday to streamline global workforce operations
Nurdianah Md Nur - Seatrium is turning to Workday to streamline its workforce management and improve decision-making across its global operations. The Singapore-headquartered offshore and marine engineering group will use Workday’s Human Capital Management platform to gain real-time workforce insights, improve data ...
11 hours ago
Johor Regent’s Holland Road land could yield up to 200 homes, including GCBs: analysts
Jovi Ho - A proposal by the Regent of Johor (ROJ) Tunku Ismail Sultan Ibrahim to redevelop land parcels at Holland Road for residential uses could yield up to 200 low-rise, low-density homes — Good Class Bungalows (GCB) included, says Marcus Chu, CEO of ERA Singapore. The “highly exclusive” GCBs represe ...
12 hours ago
NCS, Nvidia to drive sovereign agentic AI adoption in regulated sectors
Nurdianah Md Nur - NCS is deepening its partnership with Nvidia to accelerate the deployment of agentic AI (or systems capable of making decisions and acting on their own) for organisations that require stringent security and data sovereignty controls. It is integrating its AI platforms — including Sunshine.AI, Vide ...
12 hours ago
Indonesian central bank holds rates steady, as expected
JAKARTA, March 17 : Indonesia's central bank kept its policy rates unchanged on Tuesday, as expected, amid uncertainty about the impact of war in the Middle East on Southeast Asia's largest economy. Bank Indonesia held the benchmark 7-day reverse repurchase rate at 4.75 per cent, as had be ...
12 hours ago
Edible oils caught between weak demand and biodiesel bets, says analyst Mistry
MUMBAI, March 17 : Global edible oil markets are behaving unpredictably as energy supply disruptions from the Middle East war lift hopes for biodiesel demand, though subdued buying from major importers has clouded the price outlook, industry veteran Dorab Mistry said."Wartime market behaviour i ...
12 hours ago
Britain sets rules for final phase of fibre broadband roll-out
LONDON, March 17 : Britain said on Tuesday it would regulate BT Openreach's national broadband network for another five years, with a price cap on a wider range of speeds, to drive competition and extend fibre connections to the final fifth of the country's premises.The competitive framewo ...
13 hours ago
Thailand seeks Russian crude, to hike domestic diesel prices
13 hours ago
Vietnam firms vie for crypto licences as Hanoi plans ban on overseas trading
HANOI, March 17 : Vietnamese companies are competing to launch the country's first licensed cryptocurrency exchanges as the government moves to curb trading on overseas platforms in one of the world's most active crypto markets.Hanoi plans to roll out a pilot scheme for locally run digital ...
13 hours ago
PhillipCapital's Chew raises target price for TeleChoice to 27.5 cents on growth prospects of mobile devices logistics
The Edge Singapore - TeleChoice International has reported FY2025 earnings inline with the expectations of Paul Chew of PhillipCapital. However, with growth momentum in its main mobile device distribution segment - named personal communication solutions, or PCS, and as it is managing to turn around its smaller managed s ...
14 hours ago
China clamps down on key route to Hong Kong IPOs after deal boom
Most Chinese-related entities need to file with the China Securities Regulatory Commission before listing in the city
14 hours ago
BYD, adidas on board as new sponsors of Singapore’s national marathon in December
Lee U-Wen - Previous title sponsor StanChart is the event’s official bank with naming rights to the 10 km category
15 hours ago
Leapmotor expands Stellantis alliance, posts first profit
Closer collaboration will offer the Chinese electric carmaker more global opportunities
15 hours ago
Some Singtel customers affected by connectivity issues; telco says latest incident unrelated to recent outage
This comes after Singtel on Monday experienced a more than eight-hour disruption to its network.