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Category: FINANCE

Posted on 28/09/2023

Temasek unit raises $3.3 bln in flagship fund investing in China

Singapore state investment firm Temasek's (TEM.UL) wholly owned unit True Light Capital said on Thursday it raised $3.3 billion in its flagship fund that invests in Greater China and has now closed it ...

Posted on 28/09/2023

Singapore concludes joint project using decentralised finance technology

THE Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland have concluded a joint project that tested cross-border wholesale central bank digital currencies (CBDCs).

Posted on 28/09/2023

Singapore govt announces additional US$802mil to ease cost of living

SINGAPORE: Singapore's finance ministry on Thursday announced an additional S$1.1 billion ($802 million) to help households handle increases in the cost of living. The package includes an additional payment of up to S$200 for 2.5 million adult Singaporeans ...

Posted on 28/09/2023

Once dubbed a ‘zombie’ index, this Asian stock market is trying European-style trading to reinvent itself

Will structured certificates be the silver bullet for the SGX and spur more investor interest, or is this a shot in the dark?

Posted on 28/09/2023

Are Poor Financial Prospects Dragging Down Genting Singapore Limited (SGX:G13 Stock?

With its stock down 9.1% over the past three months, it is easy to disregard Genting Singapore (SGX:G13). We decided ...

Posted on 28/09/2023

Singapore household water prices to rise 18pc by April 2025, help on the cards for low- and middle-income groups

Water prices will rise by a total of 18.2 per cent in two phases over two years starting from April 1 next year. It's the first increase since ...

Posted on 28/09/2023

Brilliance Group Proposes Terms For U.S. Mini-IPO

Brilliance Group has filed for a $10.8 million IPO to raise funds for its expansion and working capital needs. The Singapore-based company specializes in steel fabrication for construction projects.

Posted on 28/09/2023

Will Singapore or Hong Kong finance the South’s next transition?

Within Asia, the richer and aging North East Asia (Japan, South Korea, China, Taiwan, Hong Kong SAR) are huge net savers, with net investment surpluses (including Singapore), amounting to $10.4 ...

Posted on 28/09/2023

‘The market is big enough for everyone’: Climate advisory and investment firm Pollination opens Singapore office

London-headquartered climate advisory and investment firm Pollination opens Singapore office. It aims to accelerate the green transition for Asian businesses.

Posted on 27/09/2023

The PE firm making billions off the Klaviyo IPO only 4 years after investing

The poor performance of IPOs from 2021 is a major reason ... Formerly, she was with Y Combinator. - 65 Equity Partners, a Singapore-based private equity firm, hired Pascal Heberling and Leon Brujis as ...

Posted on 27/09/2023

Some users still left with pending transactions one day after DBS’ PayNow hit by service delays

More than 24 hours after making the transaction, some users are saying that funds have not been received by their intended recipients. Read more at straitstimes.com.

Posted on 27/09/2023

Exclusive-Singapore’s GIC Among Bidders Vying for Stake in Vietnam’s Third Largest Grocery Chain – Sources

Vietnam has attracted strong investor interest as companies look to reconfigure global supply chains as a result of geopolitical tensions between China and the United States. Founded in 2015, Bach Hoa ...

Posted on 27/09/2023

OCBC to discontinue Pay Anyone app in October

OCBC Bank will discontinue its Pay Anyone app in October in what the bank said is part of its efforts to "provide an improved OCBC app experience". On its website, OCBC said that the exact date of ...

Posted on 27/09/2023

Top 10 ETFs in Singapore: The total beginner’s guide to investing in ETFs

Now that you know the basics of investing in ETFs, here are seven well-known ETFs in Singapore to get you started. The whole point of buying ETFs is to NOT try to game the system. That’s why generic ...

Posted on 27/09/2023

GIC-backed Line Man said to gear up for $410 million IPO

Preparations have started for an initial public offering in Bangkok in 2025 that could raise around US$300 million Read more at straitstimes.com.

Posted on 27/09/2023

12 best credit cards in Singapore for dining and online food delivery (2023)

If Singaporeans had a national hobby, it would have to be eating. A foodie paradise, Singapore is chock-full of restaurants, cafes, buffets, coffee shops, and hawker centres to fill our tummies with ...

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