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Month: August 2022

Posted on 16/08/2022

Qatar-backed martial arts firm Group One eyeing US IPO, sources say

Group One, the company behind mixed martial arts brand One Championship, is considering a US initial public offering (IPO) after previously exploring a listing via a blank-check firm, according to ... ( read original story ...)

Posted on 16/08/2022

Singapore’s Wong signals rich may have to pay more taxes

Singapore’s deputy prime minister Lawrence Wong signalled that the wealthy may face more taxes as the government seeks more inclusive growth. ( read original story ...)

Posted on 16/08/2022

Marape: Singapore trip was for trade, investment purpose

PRIME Minister James Marape has given details of his weekend trip to Singapore. In his first official trip following his re-election as PM, he took the trip to pursue the frontier breaking clean green ... ( read original story ...)

Posted on 16/08/2022

China to lift August fuel exports but 2022 shipments to drop to 7-year lows

China's fuel product exports will rebound in August to near the highest for the year so far after Beijing issued more quotas in June and July, although broader curbs are set to cap shipments at ... ( read original story ...)

Posted on 16/08/2022

Singapore’s next PM flags more wealth taxes

Singapore, which has already raised taxes on the wealthy, needs more cash to sustain its inflation fight given an expected budget shortfall. ( read original story ...)

Posted on 16/08/2022

Singapore’s Next Premier Wong Warns US, China May ‘Sleepwalk Into Conflict’

Singapore’s prime minister-in-waiting Lawrence Wong warned that the US and China may “sleepwalk into conflict” if they don’t engage with each other and deescalate rising tensions over Taiwan. Most ... ( read original story ...)

Posted on 16/08/2022

No Respite From Scorching Singapore Rents

The supply crunch can only ease with a better yield for homebuyers and completion of new housing projects next year. ( read original story ...)

Posted on 16/08/2022

How Singapore’s Secretlab is conquering lucrative North American and European markets

A focus on R&D and the ability to secure the right partnerships are powering the gaming chair company’s global expansion Read more at The Business Times. ( read original story ...)

Posted on 16/08/2022

Singapore goes from crypto hub to crypto restructuring hub

SINGAPORE’S attractiveness as a crypto hub is now turning it into a centre for the restructuring of troubled cryptocurrency platforms, which could mean more work for corporate finance experts and ... ( read original story ...)

Posted on 16/08/2022

New casino taxes hit Genting Singapore H1 earnings

Genting Singapore said that higher utility tariffs and increased casino tax rates under a new regulatory regime meant its profit declined. ( read original story ...)

Posted on 16/08/2022

CICT seen as ‘strongest contender’ for Mercatus portfolio among local retailers: DBS

The REIT is also seen as a key proxy of the reopening play. “We estimate CICT could deliver a 6% two-year distribution per unit (DPU) compound annual growth rate (CAGR), one of the stronger growth ... ( read original story ...)

Posted on 16/08/2022

Analysts remain ‘overweight’ on Singapore banking sector due to NIM improvement

Analysts from UOB Kay Hian and PhillipCapital have kept their "buy" calls for the banks in their respective reports. ( read original story ...)

Posted on 16/08/2022

Singapore reports 2,665 new COVID-19 cases

Singapore reported 2665 new cases of COVID-19 on Monday bringing the country total tally to 1796734 Of the new cases 271 ca ... ( read original story ...)

Posted on 16/08/2022

Asia’s crypto exchange Zipmex gets a breather as Singapore Court extends moratorium to Dec 2

The court directed the exchange to convene a town hall-style meeting with its creditor and customer base within 1 month. Issues like proposed investments and access to Z Wallets among others will be ... ( read original story ...)

Posted on 15/08/2022

2023 Foreign Investment Opportunities in Singapore

Singapore has been a consistent recipient of Chinese investment for some time, and its geostrategic position as the heart of the ASEAN free trade bloc has made it a hub for many Chinese investors. ( read original story ...)

Posted on 15/08/2022

Singapore stock preview: ComfortDelGro, AEM, Yeo Hiap Seng

However, the China market continues to be impacted by economic slowdown and ... The group also conducted a restructuring exercise for its Singapore operations during this half, which resulted in a one ... ( read original story ...)

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