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Month: August 2024

Posted on 02/08/2024

HashKey Gets License for Crypto OTC Trading in Singapore

HashKey Digital Asset Group Ltd.’s over-the-counter trading arm secured a Major Payment Institution license from Singapore’s regulator, allowing it to offer digital payment token services, according ...

Posted on 02/08/2024

Singapore’s manufacturing recovery likely to broaden as it gains momentum

The rebound should quell concerns over the contraction in June industrial production Read more at straitstimes.com.

Posted on 02/08/2024

Singapore’s PMI rises in July, mirroring growth in region-wide factory activity

SINGAPORE’S overall manufacturing sentiment improved in July, as region-wide factory activity continued to grow. Read more at The Business Times.

Posted on 02/08/2024

Singapore Manufacturing PMI Picks Up in Sign of Upbeat Outlook

However, anecdotal evidence suggests that electronics manufacturers remained upbeat about sustained growth in the sector, said Stephen Poh, executive director at SIPMM. This was evidenced by the ...

Posted on 02/08/2024

Mobile Guardian app glitch issues progressively fixed for some students, others turn to pen and paper

ST understands that more than 1,000 students from at least five MOE schools have been affected. Read more at straitstimes.com.

Posted on 02/08/2024

US, Singapore deepen collaboration on critical technologies

US and Singapore chaired the second US- Singapore Critical and Emerging Technology (CET) Dialogue in Singapore. Building on the inaugural US-Singapore CET Dialogue held in Washington, D.C. in October ...

Posted on 02/08/2024

How Singapore became a data center hub despite its small size, expensive energy, and hot climate

Singapore is a tropical city-state with barely a quarter the land mass of Rhode Island. It may be the worst place on the planet to build data centers: land is scarce, energy is expensive, and the ...

Posted on 02/08/2024

Investing in Gold Bars & Using a Singapore Safe Deposit Box for Security

Financial markets keep up and down and many investors are looking to save and increase their money to gold bars.

Posted on 02/08/2024

OCBC Q2 profit up 14% at $1.94 billion, says on track to meet 2024 targets

SINGAPORE - Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday (Aug 2) a stronger-than-expected 14 per cent year-on-year jump in second quarter net profit and said ...

Posted on 02/08/2024

OCBC’s ‘stable’ NPL ‘eased some concerns’ about S’pore banks’ CRE exposure: Citi

Compared to the two other major Singapore banks, OCBC’s exposure in Hong Kong office CRE is the highest, at 2% of its total loan book compared to DBS’s 0.6% and United Overseas Bank U11 -0.19% ’s (UOB ...

Posted on 02/08/2024

How Singapore become a data center hub despite its small size, expensive energy, and hot climate

Singapore is a tropical city-state with barely a quarter the land mass of Rhode Island. It may be the worst place on the planet to build data centers: land is scarce, energy is ex ...

Posted on 02/08/2024

$900m to beef up bus services is much-needed investment so let’s make most of it

New enhancement programme marks biggest injection of funds into public buses in a decade. Read more at straitstimes.com.

Posted on 02/08/2024

Ola Electric IPO subscribed 16% so far on first day of bidding process. Check GMP and other details

Ola Electric's IPO saw 16% subscription in the initial two hours, driven by retail investors. With a fresh issue of Rs 5,500 crore, founder Bhavish Aggarwal will sell 37.9 million shares. Analysts are ...

Posted on 02/08/2024

Afcom Holdings IPO Day 1: Issue subscribed 2 times so far; Latest GMP, subscription status, other key details of SME IPO

Afcom Holdings IPO price band is set at ₹102 to ₹108 per share and at the upper end of the price band, the company plans to raise ₹73.83 crore from the book-built issue.

Posted on 02/08/2024

OCBC Q2 profit up 14% to $1.94 billion, dividend of 44 cents declared

SINGAPORE – OCBC Bank’s earnings climbed in the second quarter on the back of strong growth in fee, trading and insurance income, as well as a decline in allowances. Net profit for the second quarter ...

Posted on 02/08/2024

HashKey OTC Secures Major Payment Institution License from Singapore’s MAS

HashKey OTC announced Friday that it received a Major Payment Institution (MPI) license from Singapore's regulatory authority.

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