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Month: November 2023

Posted on 22/11/2023

Ahead of IPO, Tata Technologies collects INR 791 cr from anchor investors

The company has allotted 1.58 crore equity shares to 67 funds at INR 500 apiece, which is also the upper end of the price band, according to a circular uploaded on the BSE website. Goldman Sachs ...

Posted on 22/11/2023

IPO screener: IREDA issue subscribed 2 times on Day 1

IREDA's IPO was fully subscribed 1.95 times, with QIBs, NII and RIIs receiving 1.34x, 2.73x and 1.97x subscription respectively. Anchor investors raised Rs 643.26 crore at ₹32 per share. The issue is ...

Posted on 22/11/2023

Singapore monetary policy stance appropriate – c.bank official

SINGAPORE, Nov 22 (Reuters) - The current monetary policy settings of Singapore's central bank are appropriate and the bank expects the city-state's domestic interest rates to take reference from ...

Posted on 22/11/2023

DBS Foundation gives SGD 1 million to support financial and digital literacy for persons with disabilities

DBS Foundation has tied up with SG Enable, in order to accelerate financial and digital literacy for persons with disabilities with a grant of SGD 1 million.

Posted on 22/11/2023

Singapore stocks snap 3-day losing streak; STI up 0.6% on Wednesday

SINGAPORE shares closed higher on Wednesday (Nov 22), snapping a three-day losing streak amid mixed trading in regional markets. Read more at The Business Times.

Posted on 22/11/2023

Regulators Are Coming for Rule-Breaking Crypto Founders Like Binance’s CZ

Changpeng “CZ” Zhao has become the latest in a long line of crypto founders facing potentially significant legal consequences.

Posted on 22/11/2023

15 Black Friday Cyber Monday tech deals on Shopee and Lazada Singapore: Shop Sony, Apple, LG and more

If you can afford it and don’t want to miss these great offers, consider adding some of these tech best buys to your cart this Black Friday Cyber Monday!

Posted on 22/11/2023

Singapore economy to expand 1% to 3% in 2024 as exports improve; 2023 growth forecast at 1%

GDP grew 1.1% year on year in the third quarter, a faster pace than the 0.5% in the second quarter. Read more at straitstimes.com.

Posted on 22/11/2023

SoftBank-backed Carro in talks to raise over $100 million ahead of potential US IPO – exec

Carro, a Southeast Asian online automotive marketplace, is in talks with potential investors to raise over $100 million ahead of a possible U.S. listing in 18 months, said a senior executive at the ...

Posted on 22/11/2023

PM Lee: Subsidising fare, fee hikes to lower Singapore’s cost of living will cost taxpayers more, needy households will benefit less

Subsidising utilities across the board, as some countries do, will lead to higher spending by the government and taxpayers, while households that need ...

Posted on 22/11/2023

How does the AI solution benefit Singapore business?

In the dynamic landscape of Singapore's business ecosystem, the integration of Artificial Intelligence (AI) is proving to be a game-changer, offering a myriad of benefits that contribute to enhanced ...

Posted on 22/11/2023

Best fixed deposit rates in Singapore (November 2023): DBS, UOB, HSBC, and more

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 22/11/2023

Singapore expects economy to grow 1% to 3% next year, narrows 2023 outlook

Singapore's economy is expected to expand by 1% to 3% in 2024 on the back of an ongoing recovery in the travel and tourism industry, while the downturn in manufacturing and trade-related sectors could ...

Posted on 22/11/2023

Singapore’s Temasek warns that fake agents in China are trying to sell scam investments

"The scammers fraudulently claim to represent our Shenzhen office and solicit money from individuals on the premise of paying them back with commissions," Temasek said. "This is a scam and is not ...

Posted on 22/11/2023

Singapore key exports forecast to grow 2% to 3% in 2024 after steep slump this year

SINGAPORE - Enterprise Singapore on Wednesday predicted a modest recovery for key exports next year after lowering its forecast for 2023 given their worse-than-expected performance. The trade agency ...

Posted on 22/11/2023

Singapore economy forecast to grow 1-3% in 2024

SINGAPORE: The Singapore economy is expected to grow by 1.0 to 3.0 per cent in 2024 after taking into account global factors and barring the materialisation of downside risks, according to the ...

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