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Month: November 2024

Posted on 19/11/2024

US$34 billion asset manager plans to hire in Singapore for climate finance

Mirova, which manages assets worth about US$34 billion, plans to expand in Asia to tap the region’s growing pool of energy transition-related investments. Read more at The Business Times.

Posted on 19/11/2024

Kuala Lumpur vies with Bangkok and Singapore for region’s travellers

Bangkok and Singapore have long been the leading aviation hubs in Southeast Asia, with the Thai capital being the main entry point for one of the world’s most visited countries and the city-state a hub for global businesses with regional investments.

Posted on 19/11/2024

Singapore Tycoon Loses Suit Against HSBC, Sentenced To Prison On Forgery Charges

The judgement is in relation to the high-profile demise of Singapore commodity trading business, Hin Leong Trade Pte Ltd., which in 2021 shut down after failing to restructure $4 billion in debt.

Posted on 19/11/2024

Best Bank Offers in Singapore (Nov 2024): Win 1,500 ION+ Points, Get 10% Off Flights, And More

Everybody loves credit card sign-up promotions, but not many of us realise the promotions don’t end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning ...

Posted on 19/11/2024

Singapore stocks rise in tandem with region as falling Treasury yields lift global equities

SINGAPORE - Stocks in Singapore rose on Nov 19 as Asian indexes ... to profoundly influence market sentiment and policy trajectories well into 2025. THE BUSINESS TIMES Join ST's Telegram channel and ...

Posted on 19/11/2024

US semiconductor firm launches initiative in Singapore for power-efficient AI data centres

This comes as data centres worldwide are struggling to meet the demands of artificial intelligence. Read more at straitstimes.com.

Posted on 19/11/2024

WeWork to vacate two prime Singapore locations amidst challenges

WeWork is vacating two prime locations in Singapore, including spaces in Manulife Tower and UE Square, Bloomberg reported. Despite challenges, the company claims Singapore remains a

Posted on 19/11/2024

Singapore judge chides lawyer for convoluted mitigation filled with grammatical errors

The judge highlighted the first paragraph, which comprised a single sentence of 176 words. Read more at straitstimes.com.

Posted on 19/11/2024

Singapore stocks to benefit from MAS reforms next year, Morgan Stanley says

Singapore Exchange, UOB, Singtel, Sembcorp Industries and CapitaLand Investment are part of Morgan Stanley’s Singapore focus list. Goldman Sachs upgraded Singapore stocks to “market weight” earlier ...

Posted on 19/11/2024

3 Reliable Singapore REITs Yielding 4.2% and Higher That Could Potentially Raise Their DPUs

In the past two years, REITs have suffered as surging interest rates and elevated inflation crimped their distributable income.

Posted on 19/11/2024

$34 Billion Asset Manager Plans to Hire in Singapore for Climate Finance

We apologize, but this video has failed to load. The Paris-based unit of Natixis Investment Managers is considering making hires in Singapore for its blended finance, green bonds and multi-thematic ...

Posted on 19/11/2024

Singapore Ends Pursuit of Money Launderers Who Forfeited $1.4 Billion

Singapore police ended their pursuit of 15 people involved in the country’s largest-ever money laundering scandal, after the suspects agreed to surrender a total of S$1.85 billion ($1.4 billion) worth ...

Posted on 19/11/2024

Equinix to build 6th Singapore data centre with US$260 million investment

DATA centre operator Equinix is building a sixth data centre in Singapore with an initial investment of US$260 million, the Nasdaq-listed firm said on Tuesday (Nov 19). Read more at The Business Times ...

Posted on 19/11/2024

Southeast Asia raises only US$3 bil in total IPO capital so far in 2024, lowest in nine years: Deloitte

In the first 10 and a half months this year, IPO capital markets in Southeast Asia saw 122 IPOs, a decline compared to 2023.

Posted on 19/11/2024

NTPC Green Energy IPO Live: NTPC Green Energy IPO opens for subscription. Should you invest?

NTPC Green Energy Ltd (NGEL), a wholly owned subsidiary of NTPC Ltd, kept IPO issue price at the range of Rs 102-108 per share, with a lot size of 138 shares. The company is offering fresh equities to ...

Posted on 19/11/2024

Singapore shares hit 17-year high on market revival efforts

Singapore shares jumped to a 17-year high on Tuesday, powered by a rally in index heavyweight financials, as the city-state ramps up efforts to revive its stock market.

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