He said the root of the problem is a supply issue, which the Government is addressing. Read more at straitstimes.com. ( read original story ...)
China’s SHEIN set to raise US$2 billion, eyes US IPO later this year
Chinese online fashion retailer SHEIN is set to raise around US$2 billion in a new funding round this month and is aiming for a US listing in the second half of this year, three people with knowledge ...
Credit Suisse, Mizuho join banks on US$1 billion Olam Agri IPO
Most of the offerings were in Saudi Arabia and the UAE. By comparison, Singapore hasn’t had a US$1 billion IPO since 2017, according to data compiled by Bloomberg. Listings in the city have raised ...
ESR Group receives initial go-ahead for IPO of C-REIT
ESR Group receives confirmation from Hong Kong Exchange to proceed with IPO of C-REIT on Shanghai Stock Exchange ...
New cockroach species in Singapore named after 7th gen Pokémon Pheromosa
Bug-type Pokémon trainers won't need a Pokéball to catch this one. Find out why its discoverers went with this name.
How CEO-doctor duo gave up stable jobs to build online vet service in Singapore
They gave up cushy jobs to scale their "passion project" commercially and launched the online vet service just before COVID hit. Read how they made it a success.
DA bans pork from Singapore
THE Department of Agriculture (DA) banned the importation of pigs from Singapore amid an outbreak of African swine fever (ASF) in that country. Agriculture Senior Undersecretary Domingo Panganiban ...
Singapore shares drop 0.6% after US Fed chair’s hawkish testimony
Stark warnings from the United States that more interest rate rises are on the way sent Wall Street tumbling overnight and sparked declines across the region on Wednesday. Read more at ...
CPF accounts of non-Singapore citizens and non-PRs will be closed from April 2024
The Central Provident Fund (CPF) accounts of those who are not Singapore citizens or permanent residents will be closed from April 2024, the CPF Board said on Wednesday (8 March). The purpose of the ...
Daily roundup: Singapore’s slip-ups and good calls from the ‘complex and wicked’ Covid-19 pandemic – and other top stories today
Stay in the know with a recap of our top stories today.1. Singapore's slip-ups and good calls from the 'complex and wicked' Covid-19 pandemicSingapore has looked at how it performed in its fight ...
China’s SHEIN set to raise $2 bln, eyes US IPO later this year -sources
It was not immediately clear if SHEIN is planning to officially seek Chinese regulatory approval for its IPO. In recent years, the company has made a Singapore firm its de facto holding company and Xu ...
Banks will benefit from the full impact of previous rate hikes in 2023, says UOB Kay Hian
UOB Kay Hian analyst Jonathan Koh has kept his "overweight" rating for the sector with "buy" calls for DBS and OCBC.
Singapore: Retail Sales surprised to the downside in January – UOB
Senior Economist at UOB Group Alvin Liew reviews the latest release of Retail Sales in Singapore. Key Takeaways “Singapore’s retail sales started the new year on a cautious no ...
Economists lift Singapore’s 2023 growth forecast slightly to 1.9% on China rebound hopes: MAS survey
The pace of Singapore's economic growth is seen accelerating to 2.5 per cent in 2024. Read more at straitstimes.com.
DA bans pork from Singapore, cattle from Spain
THE Department of Agriculture banned the importation of pigs from Singapore amid an outbreak of African Swine Fever (ASF) in the country.
Singapore’s Sea reports first profit on cost cuts; shares soar
Singapore-based Sea on Tuesday (Mar 7) posted its first quarterly profit, as the gaming and e-commerce company benefited from major cost cuts it undertook to offset a post-pandemic slowdown in demand.