The issue received bids for 16.14 crore equity shares against the offer size of over 6.11 crore shares, according to the data available on the exchanges.RailTel had on Monday raised ₹243.99 crore from ... ( read original story ...)
RailTel IPO Fully Subscribed on Day 1, overall 2.64 times
RailTel Corporation of India Limited ("RailTel"), one of the largest neutral telecom infrastructure providers in the country, received bids of 16,13,30,820 shares against the offered 6,11,57,360 ... ( read original story ...)
Singapore can leverage ‘value of common market’ as Budget 2021 focuses on developing Asean market: Panel
SINGAPORE - The pandemic raised concerns over the resilience of global supply chains, but Singapore can work around it by focusing on and developing the regional market, said experts following the ... ( read original story ...)
RailTel IPO Subscribed 2.64 Times On First Day
The initial public offer of telecom infrastructure provider RailTel Corporation of India was subscribed 2.64 times on the first day of subscription on Tuesday. The Rs 819.24-crore offer received bids ... ( read original story ...)
Indonesian banker to helm country’s new sovereign wealth fund
Fund's aim is to attract foreign funds into infrastructure and other projects and grow to US$100 billion.. Read more at straitstimes.com. ( read original story ...)
Singapore: Economy forecast to expand 5% in 2021 – UOB
UOB Group’s Economist Barnabas Gan comments on the latest GDP data in Singapore. “Based on the final print by the Ministry of Trade and Industry (MTI), Singapore’s 4Q20 GDP contracted 2.4% y/y, ... ( read original story ...)
Number of unauthorised online banking and card transactions in Singapore jumps 460% in 2020
Many victims were tricked into revealing their user IDs, passwords, OTPs or credit card details.. Read more at straitstimes.com. ( read original story ...)
Singapore Trims Deficit, Digs Deeper Into Reserves for Covid Aid
Singapore plans to rein in its budget deficit as the economy recovers, while digging deeper into government reserves for a new S$11 billion ($8.3 billion) package to help households and businesses ... ( read original story ...)
Singapore reduces foreign workers quota in manufacturing sector to 15 per cent
The manufacturing sector employs about 450,000 workers, or about 12 per cent of the workforce, with median wages about 10 per cent higher than the economy-wide median. ( read original story ...)
Singapore Digs Deeper Into Reserves for S$11 Billion Covid Aid
Singapore plans to dig deeper into government reserves for a new S$11 billion ($8.3 billion) package to help households and businesses rebound from the Covid-19 pandemic and its worst economic ... ( read original story ...)
EMERGING MARKETS-S. Korea won, stocks rally on vaccine cheer; Singapore budget awaited
The Singapore dollar edged up on Tuesday ahead of the city-state's 2021 budget, while South Korea's won and stocks extended their rally on plans to vaccinate the entire country's population. By Feb 16 ... ( read original story ...)
Singapore digs deeper Into reserves for S$11 bn Covid aid
Singapore plans to dig deeper into government reserves for a new S$11 billion (248 billion baht) package to help households and businesses rebound from the Covid-19 pandemic and its worst economic ... ( read original story ...)
Singapore’s pandemic-related stimulus measures in 2020 helped reduce unemployment
Singapore's stimulus measures last year to tackle the pandemic-related economic crisis helped reduce the unemployment rate by 3%, says Geoff Howie, markets strategist at the Singapore Exchange. ( read original story ...)
Singapore reduces foreign workers quota in manufacturing sector
The move is part of the government's efforts to moderate Singapore's reliance on foreign labour where it must, the report quoted Heng as saying.The S Pass allows mid-level skilled foreigners to work i ... ( read original story ...)
Budget 2021: New $60m agri-food cluster transformation fund to boost local production through technology
The use of technology could cushion the sector from erratic rainfall patterns and climbing temperatures.. Read more at straitstimes.com. ( read original story ...)
Singapore Budget 2021 live updates
Singapore Business Review is tracking developments from Singapore’s 2021 budget statement live as they are announced by Deputy Prime Minister Heng. The formal presentation kicks off from 3:00 pm today ... ( read original story ...)