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Month: May 2025

Posted on 16/05/2025

Through multimillion-dollar port investments, Singapore’s largest privately held logistics firm wants to help countries

Sats commenced the modernisation of its current ground support fleet on April 1, with the goal of renewing and refurbishing about 40% of the current fleet.

Posted on 16/05/2025

Singapore’s GIC seeks approval from CCI for 2.14% stake in IPO-bound Groww

The proposed investment is part of Groww's broader plan to raise $200 million in pre-IPO funding and may double its valuation to $6.5 billion ...

Posted on 16/05/2025

Singapore bet on tokenized finance grows with Franklin Templeton fund approval

Asset manager Franklin Templeton has secured approval from the Monetary Authority of Singapore to launch its tokenized Franklin OnChain US Dollar Short-Term ...

Posted on 16/05/2025

‘Nationalisation not on the cards’; SingPost to continue streamlining business, says group CFO Isaac Mah

Mah’s remarks came nearly three months after SingPost’s chairman, Simon Israel, told the media to “ask the government” when asked about the possibility of nationalisation at a Feb 26 briefing.

Posted on 16/05/2025

SingTel to sell $1 billion stake in Bharti Airtel via block deals, Business Standard reports

(Reuters) -Singapore Telecommunications is expected to sell shares worth $1 billion in Indian telecom major Bharti Airtel on Friday through block deals, the Business Standard newspaper reported on ...

Posted on 15/05/2025

Singapore’s GIC seeks CCI nod to acquire 2.14 pc stake in Groww

Singapore's sovereign wealth fund GIC has sought fair trade regulator CCI's approval to acquire a 2.14 per cent stake in Billionbrains Garage Ventures, the parent company of investment tech unicorn ...

Posted on 15/05/2025

Sats to invest over S$250 million to upgrade operations, cargo handling infrastructure at Changi Airport

SINGAPORE] Catering and ground handling company Sats announced on Thursday (May 15) that it will invest over S$250 million to upgrade its ground operations and cargo handling infrastructure at Changi ...

Posted on 15/05/2025

Stalled IPOs lured off the sidelines as tariff shock eases

Now, with tensions easing and the US$43.6 billion ($56.62 billion) raised in 2025 IPOs so far running just behind the same period last year, frozen listings are finally moving forward.

Posted on 15/05/2025

Singapore’s DCS Card Centre launches fiat and crypto card with Visa

DCS Card Centre, a leading transformative financial institution that pioneered cashless payments as Diners Club Singapore, and Visa (NYSE: V), a global leader in digital payments, have jointly ...

Posted on 15/05/2025

Crypto has become the ultimate swamp asset

Over the past six months crypto has taken on a new role at the centre of American public life. Several cabinet officials have large investments in digital assets. Crypto enthusiasts help run ...

Posted on 15/05/2025

New Gold Futures Contract Could Set Up Singapore to Rival London and NY as Gold Market Hubs

A Singapore-based startup hopes to challenge New York and London's dominance of the gold market with a new futures contract.

Posted on 15/05/2025

Singtel 5G+ enhances consumers’ mobile experience with network slicing

The telco has also deployed the 700MHz spectrum, which helped increase network signal strength of up to 40% in high-rise buildings, indoor and underground spaces and in remote areas across Singapore.

Posted on 15/05/2025

Singapore’s GIC seeks CCI nod to acquire 2% stake in Groww

Singapores GIC has sought CCI approval to acquire a 2.14% stake in Groww, via its affiliate Viggo Investment. The deal, part of a larger funding round valuing Groww at $6.8 billion, will not affect ...

Posted on 15/05/2025

Sats to invest over $250m to upgrade operations, cargo handling infrastructure at Changi Airport

SINGAPORE - Singapore-listed ground handler and in-flight caterer Sats will be invest ing over $250 million to upgrade its ground operations and cargo handling infrastructure at Changi Airport.

Posted on 15/05/2025

MAS proposes key changes in IPO rules and processes to boost SGX’s appeal

SINGAPORE] The Monetary Authority of Singapore (MAS) is currently seeking feedback on proposed changes to simplify prospectus requirements and enhance investor outreach for initial public offerings ...

Posted on 15/05/2025

SGX RegCo proposes removing financial watchlist, avoiding public queries on listed firms

The moves aim to address concerns of regulatory friction that impedes price discovery and market efficiency. Read more at straitstimes.com. Read more at straitstimes.com.

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