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Month: November 2022

Posted on 03/11/2022

Singapore, Asian markets slide after Fed signals more rate hikes and higher peak

The Dow Jones initially rose, then fell to end the session with a 1.55% loss at 32,147.76 points. Read more at straitstimes.com.

Posted on 03/11/2022

upGrad to merge all M&As into parent company ahead of IPO in 2024

In preparation for an IPO in 2024, upGrad has chosen to streamline the corporate structure and also expense out all costs related to mergers and their growth capital in their FY22 and partly in FY23 ...

Posted on 03/11/2022

Bikaji Foods IPO opens today: Here’s everything you need to know

The Rs 881 crore initial public offering (IPO) of snacks and sweets maker Bikaji Foods International is available from November 3-7, 2022. It has a price band of Rs 285-300 per share.

Posted on 03/11/2022

Singapore wants to be a hub for blockchain in finance, just not speculative crypto trading, MAS says

The city-state has shown its approval for blockchain technology and has embarked on various projects such as Project Ubin and Project Guardian.

Posted on 03/11/2022

Singapore can improve on waste management, biodiversity and gender equality: Deloitte

The report focuses on five key aspects of sustainability: energy and climate, biodiversity, water, waste and gender equality.

Posted on 03/11/2022

Singapore’s MAS Starts Wholesale CBDC Project With French and Swiss Central Banks

The project comes a day after the central bank announced new projects aimed at trade finance and wealth management.

Posted on 03/11/2022

Singapore, Asia markets slide after Fed signals more rate hikes and higher peak

SINGAPORE – Asian markets followed Wall Street southwards after Federal Reserve chairman Jerome Powell dashed hopes of an immediate pivot on the US central bank’s aggressive monetary policy. In ...

Posted on 03/11/2022

Tiger Brokers (Singapore) and UOB Asset Management Jointly Launch Their First Fixed Maturity Plan in Singapore

The United Fixed Maturity Bond Fund 1 will be exclusively available on Tiger Brokers' trading platform with no subscription fees and zero management fee The fund aims to provide income whilst ...

Posted on 03/11/2022

Alipay+ Unveils its PLUS Moment at Singapore Fintech Festival: Merchant Coverage Doubles as Global Brands Embrace Seamless Shopping Experience

Angel Zhao, President of International Business, Ant Group, shared the vision of Alipay+ and its latest developments at the Singapore Fintech Festival (SFF) Thursday. "While many of you are familiar ...

Posted on 03/11/2022

StraitsX and Grab pilot use of Purpose Bound Money during Singapore Fintech Festival 2022

StraitsX, a part of Southeast Asia Digital Financial Services Group, Fazz, and Grab, a leading superapp in Southeast Asia, today announced they will be testing the issuance of Purpose Bound Money (PBM ...

Posted on 03/11/2022

Singapore’s manufacturing PMI declines to 49.7 in Oct

The Singapore purchasing managers' index (PMI), an early indicator of manufacturing activity, dipped 0.2 points from the previous month to post ...

Posted on 03/11/2022

Singapore launches national R&D plan to respond to future pandemics after Covid-19

It will link up experts from various disciplines as well as govt agencies to tackle such threats. Read more at straitstimes.com.

Posted on 03/11/2022

Why technology change is slow at larger firms

Firms that commit to a single cloud provider and the lack of investment in improving developer productivity can drive up costs and slow down the pace of change, technology leaders say ...

Posted on 03/11/2022

Transcelestial Spearheads Global Rollout of Lasercomms with New Singapore Plant

Transcelestial is spearheading the global rollout of laser communications (lasercomms) via the “Terabit Factory”, its Singapore-based manufacturing facility which has the world’s largest commercial ...

Posted on 03/11/2022

Bikaji Foods IPO open for subscription: Should you have a crispy bite of the issue?

We assign 'subscribe with caution' rating to this IPO as the company is the third-largest ethnic snacks company in India with an international footprint.

Posted on 03/11/2022

Global Health IPO kicks off: Can Medanta keep your portfolio in the pink of health?

Global Health is one of the largest private multi-speciality tertiary care providers operating in the North and East regions of India. It has a network of four hospitals in Gurugram, Indore, Ranchi, ...

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