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Month: June 2023

Posted on 20/06/2023

Singapore SMEs encouraged to implement flexible work arrangements

Smaller companies may face some challenges when it comes to implementing flexible work measures. Read more at straitstimes.com.

Posted on 20/06/2023

Supply is ample, yet there is value in Singapore property

THE United Kingdom (UK) may have more land per person than Singapore, yet suffers from a greater housing shortage. Read more at The Business Times. ( read original story ...)

Posted on 20/06/2023

Singapore Airlines trounces Hong Kong’s Cathay Pacific in battle for the skies

THE fortunes of Singapore Airlines and Cathay Pacific Airways, the flagship airlines of two of Asia’s most important financial hubs, differed during the pandemic and continue to diverge in its ...

Posted on 20/06/2023

Singapore Air Trounces Hong Kong’s Cathay in Battle for the Skies

The fortunes of Singapore Airlines Ltd. and Cathay Pacific Airways Ltd., the flagship airlines of two of Asia’s most important financial hubs, differed during the pandemic and continue to diverge in its aftermath.

Posted on 20/06/2023

Copper miner Amman Mineral raised $715 mln in Indonesia’s biggest IPO this year – sources

Indonesian copper miner Amman Mineral Internasional raised 10.73 trillion rupiah ($715.81 million) in the country's biggest initial public offering (IPO) this year, according to a source with direct ...

Posted on 20/06/2023

Crypto.com Is Trading on Its Own Exchange, Insists That’s Totally Fine

Crypto.com has some of its team trading tokens for profit, according to a newspaper report today. The Financial Times reported Monday that the Singapore-based cryptocurrency exchange operates ...

Posted on 20/06/2023

PE firm TPG exits Shriram Finance; sells entire stake for Rs 1,390 crore

TPG India Investments II Inc — offloaded the shares of non-banking financial company Shriram Finance Ltd in 18 tranches.

Posted on 19/06/2023

Some Silicon Valley Bank Customers Still Owe Loan Payments Despite Losing Their Deposits, Report Says

Asia-based clients of Silicon Valley Bank were not protected by the U.S. banking regulator's deposit protection after the bank collapsed in March—meaning those ...

Posted on 19/06/2023

OCBC Investment Research initiates ‘buy’ on Keppel Infrastructure Trust with target price of 60.5 cents

In analyst Ada Lim's view, acquisitions remain a key growth driver for the trust, which it is well supported to do so.

Posted on 19/06/2023

Cautious trading for Singapore stocks as global outlook remains clouded

Losers outnumbered gainers 298 to 225, after 1.3 billion securities worth $905.9 million changed hands. Read more at straitstimes.com.

Posted on 19/06/2023

Society Pass Inc (Nasdaq: SOPA)/Gorilla Global Releases Its Next Generation Mobile Telecoms App Targeted at Travelers in Southeast Asia

STAY CONNECTED, GET REWARDED” Gorilla’s 3 Main Products SINGAPORE, June 19, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Gorilla Global (“Gorilla”), the mobile telecommunications arm of ("SoPa”) ...

Posted on 19/06/2023

Two Thai firms to light up South-east Asia’s IPO market with listings worth $3.3 billion

Both IPOs would solidify South-east Asia’s current status as a global IPO hot spot. Read more at straitstimes.com.

Posted on 19/06/2023

Singapore reports job slowdown: How this will affect Indians residing there

Singapore's total employment has expanded at a slower rate and job vacancies have shrunk for the fourth straight quarter. This is bad news for Indian professionals in Singapore, whose numbers have alm ...

Posted on 19/06/2023

Credit Suisse’s Singapore Private Bankers Moving to UBS Offices

Credit Suisse private bankers in Singapore will move to UBS Group AG’s flagship offices near a prime shopping district in the city-state as the merger of the two banks begins in earnest, according to ...

Posted on 19/06/2023

Asian high-net-worth families show more urgency to start legacy planning after Covid-19 pandemic

Wealthy patriarchs and matriarchs increasingly want expert help with holistic wealth management plans, including detailed wills and life insurance policies to avoid future disputes.

Posted on 19/06/2023

UOB, police prevented over 900 people from losing about $5.19m through scams

SINGAPORE - More than 900 people targeted by scammers were alerted to stop cash transfers totalling about $5.19 million in a one-month operation by the police and UOB. From May 15 to June 14, the ...

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