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Category: FINANCE

Posted on 21/07/2023

Little Movement Anticipated For Singapore Shares

The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of ...

Posted on 21/07/2023

Singapore’s Temasek to invest US$3 million-$5 million a year in India, report says

Singapore state investment company Temasek Holdings is looking to invest US$3 million to $5 million a year in India, Ravi Lambah, head of Temasek India, says in an interview with Bloomberg.

Posted on 20/07/2023

Former CIO of GIC Ng Kok Song announces bid to run for Singapore presidency

Ng Kok Song, the former chief investment officer of Singapore asset management company GIC, has announced his bid to run for presidency on Wednesday (19 July). CNA reported that the 75-year-old ...

Posted on 20/07/2023

Singapore: City-state rocked by rare political scandals

Singapore, known for its political stability, has been rocked by a string of rare political scandals. Last week, a senior minister was arrested in a graft probe, the first in four decades to be ...

Posted on 20/07/2023

Singapore stocks close flat on Thursday as investor optimism wanes

SINGAPORE - Investors couldn’t find much sign of a pulse in the local market on Thursday, despite data showing inflation easing in many economies. Read more at straitstimes.com.

Posted on 20/07/2023

Singapore-based Keppel’s private funds acquire $1.1b Seoul office tower

Singapore-headquartered Keppel Corporation’s private funds have closed a 1.4 trillion won ($1.1 billion) acquisition of the Bank of Korea’s office building in Seoul, South Korea.

Posted on 20/07/2023

Ong Beng Seng: A Look At The Net Worth Of The Singaporean Billionaire

One of the most famous businesspersons in Southeast Asia, Ong Beng Seng of Singapore built his billion-dollar net worth by owning some of the world’s most famous hotels through his company Hotel ...

Posted on 20/07/2023

Citi ‘warming up to OCBC’ over DBS ahead of 1HFY2023 results, expects 40 cents DPS

UOB is set to announce its results for 1HFY2023 ended June on July 27, while DBS will do the same on Aug 3 and OCBC on Aug 4.

Posted on 20/07/2023

Singapore’s recent political scandals do not represent political upheavals: OCBC

Despite recent political scandals, Vasu Menon from OCBC Bank says Singapore is "still a good bet", and is sticking to a positive position on the country's economy and markets.

Posted on 20/07/2023

Carbon, clean energy needs underpin Aust-Singapore ties

An investor forum in Singapore is examining ways to support global climate ambitions, sustainable development and a pipeline of Australian renewable energy.

Posted on 20/07/2023

Singapore Boosts Semiconductor Sector with $2 Billion Factory by Silicon Box

The USD 2 billion cutting-edge semiconductor factory is expected to generate over 1000 jobs with upskilling programs to significantly boost the nation's GDP with the support of the Singapore Economic ...

Posted on 20/07/2023

Grab’s digital bank beginning to accept larger deposits in Singapore

Grab Holdings Ltd’s upstart digital bank has started accepting larger deposits in Singapore, suggesting the city-state’s regulator has raised the limit it had previously placed on the company.

Posted on 20/07/2023

What Taylor Swift tells us about Singapore vs Hong Kong

Swift, like Harry Styles and Coldplay, is performing in Singapore but skipping Hong Kong for next year’s international tour. The American pop star — who performed in the Chinese special administrative ...

Posted on 20/07/2023

US alternative manager Ares buys Singapore’s Crescent Point Capital

US alternative investment firm Ares Management Corporation is acquiring Crescent Point Capital, a Singapore-based private equity manager with US$3.8 billion of assets, in a move to capitalise on ...

Posted on 20/07/2023

Singapore bank startups lift deposit caps in sign of opening

Digital bank startups backed by Sea Ltd. and Grab Holdings Ltd. have started accepting larger deposits in Singapore, suggesting the city state s ...

Posted on 19/07/2023

Former GIC chief investment officer Ng Kok Song announces bid to run for President

Ng Kok Song, 75, highlighted his credentials of being involved in building up Singapore’s reserves when he was at GIC and the Monetary Authority of Singapore.

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