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Posted on 09/11/2023

Singapore-generated carbon credits can’t be used to offset tax: MSE

Find out more about subscription packages here. CARBON credits generated from projects in Singapore will not be allowed to offset emissions under the country’s carbon tax regime, the Ministry of ...

Posted on 09/11/2023

Singapore’s middle distillates near 10 mln barrels as net exports decline further

Singapore's middle distillates inventories rose 5.7% from last week to almost 10 million barrels, as net exports of both jet fuel/kerosene and gasoil declined further, official data showed on Thursday ...

Posted on 09/11/2023

Singapore’s Scoot looking into extending A320ceo lease due to Pratt engine issues

Singapore Airlines low-cost subsidiary Scoot is considering extending the lease of some Airbus A320ceo aircraft due to problems with their Pratt & Whitney engines, Chief Executive Leslie Thng said.

Posted on 09/11/2023

Buddy, Singapore Zoo KidzWorld’s ‘sunshine’ golden retriever, dies aged 9

Singapore Zoo Kidzworld's resident golden retriever Buddy has died at age nine, after being diagnosed with two types of lymphoma over two years ago.

Posted on 09/11/2023

Fintech firm Airwallex boasts 1,213% y-o-y revenue growth for Singapore in 1H2023, names city as global headquarters

The fintech says Singapore is its fastest growing market to date, and a gateway to the region which it has plans to expand into.

Posted on 09/11/2023

Winking Studios to raise $8m via Catalist IPO at 20 cents a share

It will issue 27.2m placement shares, with the remaining 12.8m shares issued through a cornerstone investment. Read more at straitstimes.com.

Posted on 09/11/2023

Winking Studios launches IPO on Catalist at 20 cents per share

Winking Studios is currently 55% owned by Acer Gaming, the e-sports arm of Acer Acer Incorporated. Both Acer Incorporated and Acer Gaming are listed on the Taiwan Stock Exchange. Post-IPO, Acer Gaming ...

Posted on 09/11/2023

Top award in financial services for companies under a billion goes to Sing Investments & Finance

The Edge Singapore’s Billion Dollar Club Awards have shone a spotlight on Sing Investments & Finance (SIF). In the Centurion Club sector for companies with a market capitalisation of less than $1 ...

Posted on 09/11/2023

Clear path to profitability needed for green companies to attract finance: Earthshot panellists

In his remarks, Nagarajan advised entrepreneurs to have a clear path to profitability, no matter the time needed. Their business should be scalable as well, so that its unit economics are profitable.

Posted on 09/11/2023

Analysts mixed on DBS’s prospects with ‘sell’, ‘neutral’ and ‘buy’ calls after 3QFY2023 results

The Singapore research team at RHB Bank Singapore has kept its “neutral” call with an unchanged target price of $34.70 as DBS’s 3QFY2023 results stood in line with a sequential rise in loan ...

Posted on 09/11/2023

Significant investment Bill is part of Singapore’s security strategy in turbulent world: Gan Kim Yong

Finally, Singapore must seek new areas for cooperation, to deepen collaboration and strengthen the city-state’s relevance as a global business hub. Gan named sustainability and the digital economy as ...

Posted on 09/11/2023

Singapore’s Mortgage Tech Startup LXA Secures US$10 Million Seed Funding

LXA, a Singapore-based technology startup specialising in mortgage solutions, has raised US$10 million in a seed funding round led by New Enterprise Associates (NEA). The round also included ...

Posted on 09/11/2023

China’s Xi Jinping Unlikely To Launch ‘D-Day’ On Taiwan Unless Provoked, Says Singapore PM

Singapore’s Prime Minister, Lee Hsien Loong, expressed optimism about the possibility of de-escalating U.S.-China tensions, particularly over Taiwan, ahead of a much-anticipated meeting between U.S. President Joe Biden and Chinese President Xi Jinping.

Posted on 09/11/2023

Singapore’s real estate boom set to end, says Morgan Stanley

Home prices are expected to fall 3% in 2024, and the downward trend may continue for two more years. Morgan Stanley downgraded both Singapore’s key property developer stocks City Developments and UOL Group to underweight. (Reuters pic) SINGAPORE ...

Posted on 09/11/2023

Ex-Blackstone credit veteran targets Singapore mortgage market

The firm has US$10 million in seed money from backers including New Enterprise Associates, Openspace Ventures and Singapore Economic Development Board Investment. The digital platform will source ... ( read original story ...)

Posted on 09/11/2023

More Singaporeans manage debt better but retirement plans on backburner: OCBC survey

The OCBC Financial Wellness Index shows Singaporeans managing debt better but delaying planning for retirement. Find out why.

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