He says public market investors can play a more active role, while private equity can acquire underperforming assets Read more at The Business Times.
World Liberty Financial to launch debit card as early as this year
World Liberty Financial, a crypto venture backed by the family of U.S. President Donald Trump, plans to launch a debit card that would "bridge crypto assets with everyday spending", its CEO Zach ...
Exxon expects to cut Singapore staff by 10% to 15% by end-2027
Exxon Mobil Corp expects to cut the number of its employees in Singapore by 10% to 15% and move its office to the site of its Jurong plant from downtown by the end of 2027, in global restructuring ...
Investment strategist Phua Zhenghao and portfolio manager Grace Yan join asset management team at CGSI
Phua will oversee the CGSI’s public markets investment strategies, while Yan will “play a key role” in advancing the firm’s equity and thematic strategies.
Singapore Court Blocks Foreign Liquidators’ Bid to Sue Standard Chartered, BSI Bank
Singapore's high court has blocked a bid by foreign liquidators to sue Standard Chartered Bank and BSI Bank over transactions allegedly tied to 1Malaysia Development Bhd.
Verstappen’s late-season surge faces steamy Singapore examination
Drivers can shed up to three kilos during the longest outing on the calendar, where completing the 62 laps often lasts the maximum two hours race time allowed Read more at The Business Times.
Singapore’s Third Quarter Private Home Price Growth Largely Steady
Singapore's private home prices grew at a slightly faster pace in the third quarter, sustained by new home launches. The overall private residential property price index rose 1.2% on quarter, ... ( read original story ...)
Singapore Strengthens Position as Third-Largest Global Forex Center
Singapore has strengthened its position as the third-largest global foreign-exchange center behind the U.K. and the U.S., the Monetary Authority of Singapore said Wednesday.
Singapore Stops 1MDB Liquidators from Suing StanChart, BSI Bank
Singapore’s High Court has stopped foreign liquidators from suing Standard Chartered Plc and BSI Bank Ltd. over transactions allegedly linked to the Malaysian sovereign wealth fund 1Malaysia ...
Wealthy clients increasingly seek private market funds to diversify from traditional assets: OCBC
The bank is exploring offering other types of alternative investments such as tokenised assets. Read more at straitstimes.com. Read more at straitstimes.com.
Business leaders have responsibility to shape outcomes in fragmented world: Chan Chun Sing
Describing the two extremes of global fragmentation and integration, the defence minister said corporate leaders need to raise their voices for the type of world they want to see.
Singapore overtakes London in list of top 20 IPO markets
The pool of UK-listed firms continues to decline as private equity funds snap up undervalued companies Read more at The Business Times.
Nintendo establishes Singapore unit to accelerate South-east Asia business
The maker of video games series Pokemon and the Switch gaming console is also considering setting up a local unit in Thailand Read more at The Business Times.
From one-man show to S$5 million revenue: Declarators makes a business of customs declarations
The Covid-era e-commerce boom fuelled growth, helping the company more than double its top line Read more at The Business Times.
1MDB liquidators lose Singapore court bid to sue StanChart, BSI
High Court ruled cross-border insolvency law cannot be applied to deals made before it took effect in 2018. Read more at straitstimes.com. Read more at straitstimes.com.
IN FOCUS: No new petrol cars in Singapore from 2030 – what infrastructure needs to change?
As Singapore pushes towards an entirely cleaner-energy vehicle population by 2040, what will happen to petrol stations and will there be enough EV chargers?