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Month: January 2023

Posted on 18/01/2023

Olam Agri Singapore-Saudi dual listing could raise $1bln -sources

Singapore state investor Temasek Holdings owns 51% in Olam and Japanese trading house Mitsubishi Corp (8058.T) owns 14.4%. The sources with direct knowledge of the IPO told Reuters it could raise ...

Posted on 18/01/2023

Emergence of ‘finfluencers’ helps raise awareness about finance, but licensed advisors question knowledge, partiality of some

One of their followers is Mr Abraham Kang, who owns a finance consultancy business and is also a financial advisor licensed by the Monetary Authority of Singapore (MAS). “The Weeblings also ...

Posted on 18/01/2023

Singapore offering five-year visa program to attract wealthy foreigners

Singapore's new five-year visa program officially came into effect this month as the city state seeks to woo wealthy foreigners and bolster post-pandemic economic recovery.

Posted on 18/01/2023

Weekout (Jan 23): Light to Night Festival, UOB Art Gallery, Disney On Ice, Revolver, The Macallan

Themed “Here and Now”, the event calls for reflection of one’s time and environment and draws attention to art as a platform to document and respond to one’s lived experie ...

Posted on 18/01/2023

Fremont solar energy business Nextracker to test its $3B valuation in an IPO

The last major IPO by a Bay Area-based tech company was by Credo Technology Inc., a San Jose-based data infrastructure business that raised $200 million in January 2022.

Posted on 18/01/2023

Business travel, high-end tourists lead return of China visitors to Singapore

BUSINESS travellers and high-end tourists are leading the return of China visitors to Singapore, with mass-market tourism unlikely to resume significantly yet amid economic uncertainty and limited ...

Posted on 18/01/2023

Malaysia PM Anwar Ibrahim scheduled to visit Singapore by end-January

A proposed state visit by Singapore President Halimah Yacob to Malaysia is also on the cards in March. PUTRAJAYA: Malaysia’s Prime Minister Anwar Ibrahim is scheduled to make an official visit to Singapore by the end of January,

Posted on 18/01/2023

Temasek-backed data centre operator explores over US$1 billion IPO, sources say

"As with many businesses of our size and scale, we are constantly exploring all options to optimize our capital structure" ...

Posted on 18/01/2023

Top two ranked golf players Lydia Ko & Nelly Korda head field for 2023 HSBC Women’s World Championship

They held the No. 1 ranking during 2022 and will be looking for a strong start in 2023 to hold or reclaim their position at the top of the Rolex Women’s World Golf Rankings, with only 0.49 points ...

Posted on 18/01/2023

Deal between Philippines and Singapore could herald more digital ID interoperability

The Philippines and Singapore are working together on mutual digital ID recognition following a bi-lateral deal. Such deals are a growing global trend.

Posted on 18/01/2023

Uzbekistan, Singapore agree to enhance cooperation in public administration, personal training

The two sides also signed agreements on trade and economic cooperation. TASHKENT, Jan. 17 (Xinhua) -- Uzbekistan and Singapore have agreed to enhance cooperation in the education, transport and healthcare sectors,

Posted on 18/01/2023

Virtual telco Gorilla changes announcement to stop mobile plans, will now ‘pause services’ for 60 to 90 days

Some hours after publicly announcing on Tuesday (Jan 17) that it will discontinue its mobile plans with effect from Jan 31, the parent company of Gorilla Mobile, the latest mobile virtual network ...

Posted on 18/01/2023

Singapore jails former CFO for 20 years for defrauding over a dozen banks

Lim Beng Kim duped 16 financial institutions into granting at least US$586.5 million to Agritrade and its units.

Posted on 18/01/2023

The digital twin challenge: Singapore’s national digital twin

The Singapore digital twin is the first digital twin of a country. Bentley Systems' Mark Coates reflects on its challenges and capabilities.

Posted on 17/01/2023

Singapore jails former CFO 20 years for defrauding over dozen banks; caused RM2.1bil in losses

Lim Beng Kim, a former chief financial officer of commodities firm Agritrade International Pte, was sentenced to 20 years jail in Singapore for defrauding over a dozen banks and causing almost US$500 ...

Posted on 17/01/2023

Can Singapore stay a safe haven this year?

With the Lunar New Year now approaching, analysts are busy forecasting what the rest of the year will be like for stocks.

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