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Category: FINANCE

Posted on 16/02/2024

Futures to Asia’s Major: Miranda Wang ready for HSBC Women’s World Championship

SINGAPORE: Joining the elite field and making her debut at the 2024 HSBC Women’s World... The post Futures to Asia’s Major: Miranda Wang ready for HSBC Women’s World Championship appeared first on The ...

Posted on 16/02/2024

SIC flags breaches by advisers DBS, Allen & Gledhill during 2022 Mapletree merger

LAW firm Allen & Gledhill (A&G) and DBS were found to have breached the Singapore Code on Take-overs and Mergers while acting as advisers to Mapletree Commercial Trust’s (MCT) manager during the trust ...

Posted on 16/02/2024

Singapore Institute of Advanced Medicine opens 15.2% below IPO price in Catalist debut

The counter opened at 19.5 cents, down 15.2 per cent from its listing price of 23 cents. Read more at straitstimes.com.

Posted on 16/02/2024

Singapore shares rise on Friday after key exports data; STI up 0.5%

SINGAPORE stocks rose on Friday (Feb 16) morning, after data from Enterprise Singapore showed that the country’s key exports jumped 16.8 per cent year on year in January, lifted by a surge in the ...

Posted on 16/02/2024

Commentary: What Singapore can expect from Budget 2024

Whether or not Budget 2024 will be seen as help with the cost of living or goodies before a General Election, we should pay attention to how it advances the shared national vision, says the Lee Kuan ...

Posted on 16/02/2024

Singapore Budget Set to Focus on Living Costs in Transition Year

Singapore will likely seek to defray living costs and support retrenched workers and small businesses through its annual budget Friday, with the spending plan seen as the priority list for the ...

Posted on 15/02/2024

Derwent Investments: Singapore’s AI Fintech Sector Flourishes Amidst Shifting Investment Trends

SINGAPORE, SINGAPORE / ACCESSWIRE / February 15, 2024 / Derwent Investments, a leading Singapore-based Wealth Management firm, has released its analysis of the investment landscape in Singapore's ...

Posted on 15/02/2024

Singapore Institute of Advanced Medicine Holdings’ IPO fully subscribed

THE initial public offering (IPO) on the Catalist board for Singapore Institute of Advanced Medicine Holdings (SIAMH), a cancer-treatment provider, has closed with all 114 million new shares ...

Posted on 15/02/2024

Singapore revises 2023 growth downward on manufacturing slump

Singapore’s economy expanded by a slightly more modest pace than initially expected in 2023, as manufacturing activity contracted and services growth slowed.

Posted on 15/02/2024

7th youth pleads guilty to role in S$12.8m OCBC phishing scam, bail doubled pending sentencing

Soh is the seventh youth to plead guilty to offences relating to the scam. Five of the other six have been given sentences including probation and reformative training. The sixth is yet to be ...

Posted on 15/02/2024

Man linked to phishing scams involving OCBC customers admits being part of crime group

SINGAPORE: man linked to phishing scams that saw multiple OCBC Bank customers lose around S$12.8 million in total has admitted that he worked with others to provide money laundering services.

Posted on 15/02/2024

Bridgewater continues to cut US-listed Chinese stocks as Singapore’s Temasek, Saudi’s PIF stay the course for market turnaround

Bridgewater trimmed more positions US-listed Chinese stocks in the final quarter of 2023, including a total exit from Miniso and Noah Holdings Temasek has retained most of its US-listed shares, but ...

Posted on 15/02/2024

Singapore economy grew 2.2% in Q4, lower than estimate

Singapore’s economy grew 2.2 percent on a year-on-year basis in the fourth quarter of 2023, government data showed on Thursday, lower than the advanced growth estimate of 2.8 percent released last ...

Posted on 15/02/2024

SIA, Sats among bigger companies in S’pore market poised to ride the Dragon

Despite all the value to be had, the Singapore stock market has remained in the doldrums. How long this will continue is anyone’s guess. The market’s average price-to-earnings (PE) multiple is 12.7 ...

Posted on 15/02/2024

Failed investment in Michelin Bib Gourmand prawn noodle sours 30-year friendship

SINGAPORE - The owner of a well-known hawker stall selling prawn noodles in Zion Road decided to go into business with a childhood friend to open a restaurant in South Bridge Road, after turning down ...

Posted on 15/02/2024

Singapore shares rise on Thursday after GDP data; STI up 0.3%

SINGAPORE stocks rose on Thursday (Feb 15) morning following news that gross domestic product growth in 2023 was 1.1 per cent, marginally down from advance estimates. Read more at The Business Times.

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