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Month: November 2021

Posted on 29/11/2021

Singapore stocks extend losses amid Omicron fears; STI falls 1.4%

SINGAPORE (THE BUSINESS TIMES) - The Straits Times Index (STI) extended its losses on Monday amid uncertainties over the new Covid-19 variant, Omicron, ending 1.4 per cent lower at 3,120.58. Decliners ... ( read original story ...)

Posted on 29/11/2021

Singapore operators secure more 5G spectrum

Singapore operators highlight benefits of 2.1GHz spectrum for plans to deploy nationwide SA-5G networks after latest auction. ( read original story ...)

Posted on 29/11/2021

Singapore telcos get more 5G spectrum

Singtel, M1-StarHub and TPG will be getting 2.1 GHz spectrum to support the growth of 5G services in the city-state ... ( read original story ...)

Posted on 29/11/2021

Singapore awards 2.1 GHz spectrum for provision of 5G mobile services

The Infocomm Media Authority (IMDA) has announced the results of its 2.1 GHz spectrum auction to make available more spectrum to support the growth of 5G mobile services. This spectrum is in addition ... ( read original story ...)

Posted on 29/11/2021

After Coinbase and CrossTower, Singapore’s Coinstore is now entering India despite fears of a ban on crypto

Singapore-based Coinstore has announced plans to enter the India market. Its competitor CrossTower had also entered India in September. Coinbase is setting up its offices in the country and has been ... ( read original story ...)

Posted on 29/11/2021

Just How Scientific is Singapore Science Park? A Not-So-Scientific Investigation

This is the first piece of our two-part inquiry into the bright minds who work there, and what they actually do. ( read original story ...)

Posted on 29/11/2021

‘They’re waiting for me’: Family reunions, surprises as Singapore-Malaysia VTL kicks off

On the first day of the VTL, travellers at Queen Street Bus Terminal were elated to be going home to Johor Bahru. ( read original story ...)

Posted on 29/11/2021

Travel between Malaysia, Singapore resumes as VTL kicks off

Travel across the bridge connecting Malaysia and Singapore as well as an air corridor opened on Monday after disruptions cause ... ( read original story ...)

Posted on 29/11/2021

Singapore Adds to Its Gold Pile for the First Time in Decades

Singapore increased its gold reserves by about 20% earlier this year in a largely under-the-radar move that saw holdings expand for the first time in decades. ( read original story ...)

Posted on 29/11/2021

Digital Core REIT to raise $600 mn in Singapore’s biggest IPO this year

The Real Estate Investment Trust (REIT), which owns 10 freehold data centres in the United States and Canada worth around $1.4 billion, is issuing 682 million units at $0.88 per a piece, excluding a ... ( read original story ...)

Posted on 29/11/2021

Digital Core REIT to raise $600m in SG’s biggest IPO in 2021

The retail component, around $12 million, opens on Monday. Shares totalling $223 million are being placed to other institutions. ( read original story ...)

Posted on 29/11/2021

Thought Machine now a cloud banking unicorn thanks to JP Morgan, Standard Chartered and ING

The $200m raise puts Thought Machine’s price tag well over the $1bn mark. A swathe of new investors have joined Thought Machine’s cap table today, with a $200m Series C funding round that pushes the ... ( read original story ...)

Posted on 29/11/2021

Singapore Producer Price Inflation Increases In October

Singapore's producer price inflation increased in October, data from the Department of Statistics showed on Monday. The ... ( read original story ...)

Posted on 29/11/2021

Singapore, Malaysia want ‘more open borders’ even if Omicron variant disrupts VTL expansion: PM Lee

SINGAPORE: Singapore and Malaysia want "more open borders" even if the new Omicron coronavirus variant disrupts plans to expand the vaccinated travel lane (VTL) between both countries, Singapor ... ( read original story ...)

Posted on 29/11/2021

Singapore, Malaysia ease Covid curbs at busy border crossing

Singapore and Malaysia eased coronavirus travel restrictions on one of the world's busiest land borders Monday after nearly two years, allowing some ... ( read original story ...)

Posted on 29/11/2021

U.S.-Listed Digital Realty Trust Unit Seeks to Raise Around US$700M in Singapore IPO

By P.R. Venkat Digital Realty Trust Inc.'s unit is planning to raise up to $682 million through a real estate investment trust listing in Singapore, which ... ( read original story ...)

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