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Month: August 2023

Posted on 10/08/2023

Singapore fuel oil inventories drop to three-week lows

Residual fuel oil stocks at key trading hub Singapore retreated to three-week lows, official data showed on Thursday, amid a strongly backwardated market and high storage financing costs. Onshore fuel ...

Posted on 10/08/2023

Singapore stocks rise on Thursday amid mixed regional trading; STI up 0.3%

Local stocks inched higher on Thursday amid mixed trading in the region and a nervy session on Wall Street overnight ahead of upcoming inflation figures. Read more at straitstimes.com.

Posted on 10/08/2023

7 Singapore companies on Forbes Asia’s Best Under A Billion 2023 list

SINGAPORE — Seven Singapore companies made it to this year's Forbes Asia's Best Under A Billion list. The annual list, released on Thursday (10 August), highlights 200 small and midsized publicly ...

Posted on 10/08/2023

Millions of crypto investors’ wallets at risk of attacks due to security flaws, says study

Dubbed BitForge, it had impacted popular wallet providers like Coinbase WaaS and Binance. Read more at straitstimes.com.

Posted on 10/08/2023

Singapore first among ASEAN members to skip Myanmar junta-hosted military exercises

The Southeast Asian nation joined Australia, Japan, New Zealand, South Korea and the USA in declining to attend one of a series of defence ministers’ summits on counter-terrorism strategies ...

Posted on 10/08/2023

TVS Supply Chain Solutions IPO: Subscription Opens TODAY! Check Latest GMP, Allotment, Lisiting Dates, Price Range – All Details

The TVS Supply Chain Solutions IPO is a book Built Issue with a total issue size of Rs 880 core. The price range of the IPO is Rs 187 to Rs 197 per share and the IPO will list on BSE and NSE.

Posted on 10/08/2023

Singapore’s OK Lim faces liquidators, banks in US$3.5 bil case

Hin Leong’s liquidators are PricewaterhouseCoopers LLP’s Chan Kheng Tek and GTP Advisory PAC’s Goh Thien Phong.

Posted on 10/08/2023

Singapore Chess Federation ex-treasurer awarded S$120,000 in defamation suit over sexual misconduct allegation

Mr Jasmin Nisban’s lawsuit arose from efforts by others to oust the chess body’s president and executive council in 2015, following a shock election result.

Posted on 10/08/2023

Singapore banks ‘ploughing ahead’, with 2QFY2023 results beating CLSA’s conservative estimates

Singapore’s banks are “ploughing ahead”, admit CLSA analysts Neel Sinha and Lin Daxin, as the trio’s results for 2QFY2023 ended June beat their estimates by 5%-17%. Among them, DBS D05 -0.17% was the ...

Posted on 10/08/2023

Millionero Seizes Best Emerging Crypto Exchange Accolade at World Blockchain Summit 2023 Singapore

Singapore's vibrant cityscape played host to the World Blockchain Summit 2023, a global fulcrum for blockchain innovation, spotlighting the dynamic evolution of the decentralized economy. In this ...

Posted on 10/08/2023

BMC Connect 2023: Singapore’s premier technology innovation event

Join BMC Connect 2023 in Singapore. Learn from industry leaders, network with professionals, and drive your business forward at this must-attend event.

Posted on 10/08/2023

‘A fighting chance’: IPO-bound Mirxes on why it chose Hong Kong over Singapore

IN THE days after cancer diagnostics startup Mirxes announced it applied to Hong Kong’s stock exchange for an initial public offering (IPO), executives at the company were flooded with questions about ...

Posted on 10/08/2023

City Developments Profit Drops Despite Jump in Property Business

City Developments Ltd., run by Singapore’s richest real estate empire, posted a 94% drop in its first-half profit, as the absence of divestment gains booked a year earlier masked strong results in the ...

Posted on 10/08/2023

Singapore’s scandalous summer stokes unease over succession planning

A senior minister has been ensnared in a corruption probe alongside a billionaire property tycoon. The speaker of the house was caught swearing on a hot mic, an incident that undermined his ...

Posted on 10/08/2023

SGX RegCo revises listing rules for life sciences IPO aspirants

Mainboard life sciences IPO aspirants need not show revenue yet but are to have a market cap of at least $300 million ...

Posted on 10/08/2023

Why Singaporean investors consider residential property as the safest asset class

One in six ultra-high-net-worth individuals in SG plan to buy a property in 2023. Gold is usually deemed as the safest asset class, but for Singapore’s wealthiest, it’s residential properties. Data ... ( read original story ...)

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