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Month: December 2022

Posted on 13/12/2022

S&P downgrades SingPost outlook to ‘negative’ on weak postal and parcel business

S&P GLOBAL Rating on Tuesday (Dec 13) revised its outlook for Singapore Post (SingPost) on weaker prospects in the group’s postal and parcel business, as well as elevated leverage in the next 24 ...

Posted on 13/12/2022

Real estate platform Ohmyhome expects to raise around $20 million in IPO

Ohmyhome, a Singapore-based real estate platform, has filed for a US initial public offering (IPO) aiming to raise more than US$14.6 million (S$19.78 million), according to a US Securities and ...

Posted on 13/12/2022

Real estate platform Ohmyhome expects to raise over US$14.6m in IPO

OHMYHOME, a Singapore-based real estate platform has filed for a US initial public offering (IPO) aiming to raise over US$14.6 million, according to a US Securities and Exchange Commission (SEC) ...

Posted on 13/12/2022

General Atlantic and Kotak backed KFin Tech likely to float IPO on December 19

KFin Technologies received approval from market regulator Securities and Exchange Board of India (SEBI) to raise Rs 2,400 crore. The financial services platform had filed preliminary IPO papers with ...

Posted on 13/12/2022

SGX Nifty signals firm start: Asian markets, US inflation data; Sula Vineyards, Landmark Cars IPOs & more

Nifty futures on the Singapore Exchange quoted 32.50 points, or 0.17 per cent, higher at 18,630.50, hinting at a positive start for the domestic market on Tuesday.

Posted on 13/12/2022

Singapore’s Teong Tzen Wei sets Asian record in 50m fly at 2022 World Swimming Championships

National swimmer Teong Tzen Wei clocked 22.01 seconds in the men’s 50m butterfly at the Fina 2022 World Swimming Championships (25m) on Tuesday (Dec 13), surpassing the previous Asian record by 0.18 ...

Posted on 13/12/2022

Standard Chartered names David Rego as global head of payments, transaction banking

He is currently the global head of liquidity, deposits, and escrow solutions. Standard Chartered has appointed David Rego as its global head of payments, transaction banking, effective immediately.

Posted on 13/12/2022

2 men arrested, over 4,600 cartons of duty-unpaid cigarettes seized by Singapore Customs

The total evaded duty amounted to about $397,160, while evaded GST was $31,610. Read more at straitstimes.com.

Posted on 13/12/2022

Singapore firefighter who died in blaze gets promoted and honored (Photos)

A young firefighter who lost his life during a fire operation has been honored this morning. The Singapore Civil Defence Force gathered the firefighting troops and paid respects to 19-year-old ...

Posted on 13/12/2022

Singapore tourist arrivals dip from post-Covid record to 816,254 in November

SINGAPORE’S international visitor arrivals slipped in November to 816,254 in November, slightly down from October’s 816,758 and breaking a nine-month growth streak, going by latest figures from ...

Posted on 13/12/2022

Former Pokka employee exported close to S$1.3m of drinks to North Korea, gets five weeks’ jail in Singapore

A former employee of Japanese beverage company Pokka was sentenced to five weeks’ jail yesterday after he admitted to illegally exporting close to ...

Posted on 13/12/2022

Edward Go posthumously promoted to Sgt as SCDF rings fire call across Singapore to honour fallen brother

SINGAPORE –The 19-year-old full-time national serviceman (NSF) who died after battling a blaze in a rental flat in Henderson Road last Thursday (Dec 8) has been posthumously promoted to the rank of ...

Posted on 13/12/2022

Singapore shares rise at Tuesday’s open; STI up 0.4%

SINGAPORE shares started Tuesday (Dec 13) on a positive note, mirroring Wall Street stocks’ overnight advances. Read more at The Business Times.

Posted on 13/12/2022

Dollar Firm in Calm Before CPI and Central Bank Storm

The dollar was firm on Tuesday leading in to the release of U.S. inflation data and the final Federal Reserve meeting of the year, with investors waiting to update interest rate outlooks. A month ago, ...

Posted on 13/12/2022

Asian stocks rise on optimism ahead of central bank rate decisions

Asian stock markets were buoyed on Tuesday by overnight optimism on Wall Street that the U.S. Federal Reserve and other central banks would ease off on the pace at which interest rates have been hiked ...

Posted on 13/12/2022

A Singapore Banking Family Can Teach Japan the Secret of Youth

For the latter, the Japanese may need to emulate a family-run Singapore bank. Get the full experience.Choose your plan Japan’s banks have struck a series of deals in the region over the past decade.

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