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Category: FINANCE

Posted on 17/07/2023

RHB ups SGX’s TP to $9.90 despite ‘disappointing’ FY2023 market statistics

Following June’s market statistics, RHB's Shekhar Jaiswal has trimmed his earnings estimates for FY2023 to FY2025 by 3% to 4%.

Posted on 17/07/2023

Singapore key exports extend slump; analysts cautious on prospect of recovery this year

The drop was slightly less than the 15.6 per cent fall forecast by analysts in a Bloomberg poll. Read more at straitstimes.com.

Posted on 17/07/2023

HSBC Trustee outlines course of action for Sabana REIT internalisation

It's concerned with the request for SREIM to convene an EGM for Sabana Industrial REIT. Sabana Industrial REIT has shared a letter it received from HSBC Institutional Trust Services (Singapore) ...

Posted on 17/07/2023

Spurs stars Kane and Son, Liverpool’s Szoboszlai and Mac Allister set for Singapore friendlies

Spurs will play Lion City Sailors on July 26, while Liverpool will meet Leicester (July 30) and Bayern Munich (Aug 2). Read more at straitstimes.com.

Posted on 17/07/2023

Singapore Airlines Limited (SGX:C6L) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Singapore Airlines (SGX:C6L) has had a great run on the share market with its stock up by a significant 29% over ...

Posted on 17/07/2023

Chart of the Day: How did Singapore’s IPO market perform in 1H23?

Data from EY showed that Singapore only had 3 IPOs year-to-date. The number of IPOs in Singapore fell 50% YoY in 1H23, data from EY showed. According to EY’s report, Singapore only had three IPOs year ...

Posted on 17/07/2023

Hong Kong Doesn’t Need to Compete With Singapore on Property

Hong Kong has been competing hard with Singapore this year to reclaim its throne as Asia’s premier financial center. It’s now offering generous tax exemptions to incentivize the ultra-rich to set up ...

Posted on 16/07/2023

Ex-GIC investment boss Ng Kok Song mulls bid for Singapore presidency

Ng Kok Song, the former chief investment officer of Singapore sovereign wealth fund GIC Pte, is considering standing in the city-state’s upcoming presidential election.

Posted on 16/07/2023

Dining and buffet credit card promotions and 1-for-1 deals (July 2023)

There is nothing quite as Singaporean as hunting down the best local gastronomic joints. That is, until you combine that with finding the best deals for these mouth watering dining experiences! You ...

Posted on 16/07/2023

4 Singapore Listed Stocks That Temasek Has Invested In

Within Temasek’s total portfolio (both listed and unlisted assets), 28% of its assets are in Singapore. In this week’s edition of 4 Stocks This Week, we take a closer look at some of the ...

Posted on 16/07/2023

Ex-GIC Investment Boss Ng Mulls Bid for Singapore Presidency

Ng Kok Song, the former chief investment officer of Singapore sovereign wealth fund GIC Pte, is considering standing in the city-state’s upcoming presidential election.Most Read from ...

Posted on 15/07/2023

Awards for Excellence 2023: Best bank in Singapore – UOB

UOB’s transformative initiatives have earned it the title of Singapore’s best bank once more. Its numbers are certainly strong. Core operating profit rose 20% in 2022 to S$6.6 billion ($4.9 billion), ...

Posted on 15/07/2023

The world’s best bank for corporate responsibility 2023: DBS

The Singapore bank has strengthened its proposition to serve under-represented communities and aligned its own lending operations to make an impact.

Posted on 15/07/2023

What to know about the hotel billionaire ensnared in Singapore’s graft probe

Malaysian property tycoon and hotelier Ong Beng Seng, 77, and Transport Minister S. Iswaran were arrested on July 11 and released on bail, the anti-graft agency said late Friday. The case is the most ...

Posted on 14/07/2023

Carsome waiting for ‘right timing’ for IPO; will launch sales of new EVs: CEO

KUALA LUMPUR] E-commerce platform Carsome is waiting for the “right timing” to revive its dual-listing plans on the Nasdaq in the US and the Singapore Stock Exchange, said chief executive officer Eric ...

Posted on 14/07/2023

Who Is Ong Beng Seng, the Billionaire Caught Up in Singapore’s Historic Corruption Probe?

Singapore’s most serious political graft probe since the 1980s has ensnared a billionaire best known for bringing Formula One racing to the city and who has political ties that go back decades.

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