Board has called on all foreigners who have previously contributed to the social security scheme to transfer out their savings following their accounts being closed automatically in April.
Jail, caning for man who gave Singpass and bank details to ‘Devil’, committed theft and drug offences
Yeh Chia Wei's details were used for the facilitation of scams involving some $2.6 million. Read more at straitstimes.com.
Standard Chartered launches digital asset custody service in the UAE
Standard Chartered today announced its highly anticipated digital asset custody service in the UAE. The groundbreaking offering has been granted a licence by the Dubai Financial Services Authority ...
Singapore-based fund to invest up to $10mln in Philippines solar company
Under the Philippine Energy Plan, the government wants to increase the share of RE in the power generation mix from 22 percent to 35 percent by 2030 and 50 percent by 2040 ...
DBS said to tap Goldman Sachs to help find insurance partner in India, Taiwan
DBS Group Holdings is considering forming insurance partnerships in India and Taiwan to expand its services in the region, according to people familiar with the matter. Read more at The Business Times ...
Singapore stocks rose on Tuesday’s open—STI increased by 0.5%
The broader S&P 500 and the tech-heavy Nasdaq Composite also climbed by 1.2%, closing at 5,471.05 and 16,884.60, respectively ...
DBS Is Said to Tap Goldman Sachs to Help Find Insurance Partner in India, Taiwan
DBS Group Holdings Ltd. is considering forming insurance partnerships in India and Taiwan to expand its services in the region, according to people familiar with the matter.
Singapore Bourse May Extend Monday’s Gains
The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of ...
Singapore VC Raises Startup Debt Fund Amid Depressed Valuations
Genesis Alternative Ventures, a private lender to ventures and growth-stage companies, closed its second debt fund at the lower end of its target as global investors remain cautious about Southeast ...
Singapore shares rebound mirroring global market gains; STI up 1.2%
SINGAPORE shares began Tuesday (Sep 10) trading in positive territory, mirroring overnight gains in global markets. Read more at The Business Times.
It’s time to overhaul the Singapore stock market
Last year marked the worst year for listings since the Singapore Exchange (SGX) opened its doors in 1999. It had just six initial public offerings (IPOs) in 2023, down from 11 in 2022. Funds raised came up to S$47.2 million, a whopping 92 per cent decline from the year before.
Thai stock market rallies as state-backed $4.5bn fund gears up
Investors have snapped up a wide range of stocks. State-owned oil and gas company PTT, which has a large market capitalization, gained around 3%, while Siam Cement Group advanced by more than 2%. Retail property developer Central Pattana was up nearly 5% at one point.
Blockbuster IPOs in HK, KL could be start of more in Asia as investor confidence returns
A successful listing by a well-known company like Midea is expected to revive the Hong Kong market, where just US$2.5 billion in IPO funds has been raised this year, compared with US$22.1 billion ...
Standard Chartered CEO Expects More ‘China Bashing’ From Harris, Trump
Standard Chartered Chief Executive Officer Bill Winters says both US presidential candidates agree on "China bashing," but that neither Donald Trump nor Kamala Harris has been "overwhelmingly ...
Asian stock market set to bounce back after shaky start, analysts say
SINGAPORE: In the wake of a turbulent first week of September, observers remain optimistic about the resilience of the Asian stock market. Despite a sell-off, analysts believe these markets can bounce ...
Investing in Singapore: A Comprehensive Guide
Singapore's economy demonstrated resilience with a 2.9% GDP growth in Q2 2024. The country is highly favored by investors due to its economic stability, robust real estate market, attractive dividend ...