SuMi TRUST Bank is one of the world’s five largest banks lending to the global shipping industry, which plays a major role in Singapore’s economy ... ( read original story ...)
Temasek prices longest Singapore bond with 50-year tenor
Singapore investment company Temasek Holdings on August 10 priced the longest-ever Singapore bond amounting to S$1.5 billion (US$1.10 billion) as it continued to lock in longer-term financing amid the ... ( read original story ...)
Samsung’s 2 new foldable phones start at S$2,398 and S$1,398 in Singapore
That’s for the Z Fold 3 and Z Flip 3, respectively, which will be available from Sep 10. Samsung's also got the Galaxy Watch 4 series and Galaxy Buds 2 to look forward to. ( read original story ...)
Singapore life insurance industry sees new sales surge 61% in first half of the year
SINGAPORE - Singapore's life insurance industry garnered $2.68 billion in weighted new business premiums for the first six months of 2021, up 61 per cent from the year-ago period when Covid-19 circuit ... ( read original story ...)
7 haunted roads in Singapore to avoid at night during the Hungry Ghost Festival
Keep your eyes forward and say a little prayer, because you don't want to end up stranded along these seven haunted roads in Singapore at night during the Hungry Ghost Festival (7th Month).Considering ... ( read original story ...)
DBS Vickers gets nod to provide trading services for digital payment tokens
The brokerage arm of DBS, DBS Vickers (DBSV), has received in-principle approval from the Monetary Authority of Singapore (MAS) to provide trading services for digital payment tokens, the bank said in ... ( read original story ...)
Singapore to deepen investments in Nigeria, others
Singapore is looking at deepening its economic ties with Nigeria and other West African countries as its enterprises promise to increase ... ( read original story ...)
IronNet Expands Collective Defense in Singapore to Defend Against Cyberattacks
IronNet, in its mission to transform cybersecurity through Collective Defense, today announced that it is making the technology of its flagship Collective Defense solution available to all Singapore ... ( read original story ...)
Singapore plays catch-up with Taiwan as chip investments rise
The city-state is attempting to shore up its electronics sector, having set a target to grow its manufacturing industry by 50% by 2030. ( read original story ...)
Ravi Thakran’s Turmeric Capital said to consider Singapore SPAC listing
Tumeric Capital, the Singapore-based PE firm led by former L Catterton Asia head Ravi Thakran, is reportedly exploring listing a SPAC in Singapore. ( read original story ...)
Singapore’s 50 Richest On Forbes List See Collective Wealth Rise 25%
Amid a rebounding stock market and economy, 36 tycoons on the 2021 Forbes’ Singapore Rich List saw their fortunes rise. This year the list has 42 fortunes worth US$1 billion or more. ( read original story ...)
Singapore-based World’s First Online Diamond Marketplace LUXIEE Secures Finance Facility of Up to SGD5 Million
LUXIEE, a Singapore-based start-up, has secured a round of financing of up to SGD $5 million from a family office that is locally headquartered. The funds will enable the e-commerce platform ... ( read original story ...)
Singapore’s Richest Property Family Hurt by Tax Expenses
Singapore’s richest property dynasty, which runs City Developments Ltd, suffered a loss of S$32.1 million ($23.7 million) in the first half of the year due to tax expenses and the pandemic fallout. ( read original story ...)
Singapore raises growth forecast to 6 to 7 per cent
Singapore expects its economy to grow at a faster pace than previously predicted as Covid-19 vaccination rates here gain pace, allowing for more economic activity and boosting demand for goods and ... ( read original story ...)
Professor-Turned-Entrepreneur Shi Xu Debuts On Singapore Rich List 2021 After Successful IPO
The 57-year-old joins the list for the first time with a net worth of $1.8 billion, following the IPO of his firm Nanofilm Technologies International. ( read original story ...)
8 Things That Business Owners Should Know About Singapore’s Economic Recovery in 2Q 2021
During that period in 2020, Singapore’s GDP had fallen 13.3%, which means we are still not yet fully recovered from the COVID-19 slowdown. Compared to our pre-pandemic level in 2Q 2019, GDP remains ... ( read original story ...)