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Category: FINANCE

Posted on 06/09/2023

Global Investor Programme: We Simplify Singapore’s Golden Visa

It is probably for this reason that the country introduced the Singapore Global Investor Programme (GIP) in 2004, a perfect platform for a non-Singaporean individual to make the city-state their home.

Posted on 06/09/2023

Jupiter Life Line Hospitals IPO: Check day 1 subscription details, latest GMP

J upiter Life Line Hospitals Ltd witnessed strong demand on the first day of its initial public offering. The subscription period began on September 6, 2023, and will conclude on September 8, 2023.

Posted on 06/09/2023

Singapore tax collection up 13.1% to S$68.6 billion in FY22/23, reflects post-Covid recovery

SINGAPORE’S tax revenue for financial year FY 2022/2023 rose 13.1 per cent to S$68.6 billion compared to the year before, reflecting the economic recovery following the end of the Covid-19 pandemic, ...

Posted on 06/09/2023

Company set up for wife of accused in $1.8b money laundering case to get employment pass: CAD officer

SINGAPORE - The company owned by the wife of one of the accused in the $1.8 billion money laundering case was set up for her to get an employment pass (EP) here. Read more at straitstimes.com.

Posted on 06/09/2023

Singapore: Retail Sales surprised to the upside in July – UOB

Senior Economist Alvin Liew and Associate Economist Jester Koh at UOB Group assess the release of Retail Sales in Singapore. Singapore’s retail sales increased 1.1% y/y in Jul, lower than Bloomberg’s ...

Posted on 06/09/2023

Singapore well-positioned to weather LNG supply disruption risks, says Shell

The liquified natural gas (LNG) market remains tight but Singapore’s long-term contracts with reliable suppliers should ensure there are no shortages, noted a leading energy sector executive. Read ...

Posted on 06/09/2023

SoftBank’s Arm seeks to raise up to US$4.87 billion in anticipated IPO

Arm will offer 95.5 million American depositary shares for US$47 to US$51 each, the company said in a filing Tuesday.

Posted on 06/09/2023

Singapore seizes money launderer’s assets in Swiss banks in S$1.8 billion case

Police in Singapore investigating a major money laundering operation have seized S$125 million ($91.79 million) from the bank accounts of one of ten foreign suspects accused in the case. About S$92 ...

Posted on 06/09/2023

Singapore bank DBS raises $1.5 billion in two US dollar bond tranches-term sheet

Singapore's DBS Group has raised $1.5 bln in two U.S. dollar bond tranches, according to a term sheet reviewed by Reuters.The bank issued a two-year fixed rate bond that raised $750 million and a ...

Posted on 06/09/2023

Singapore bank DBS raises $1.5 bln in two US dollar bond tranches-term sheet

Singapore's DBS Group has raised $1.5 bln in two U.S. dollar bond tranches, according to a term sheet reviewed by Reuters.

Posted on 06/09/2023

Green Finance: 2 newly launched Hong Kong-based registries to boost carbon credits trade in Asia, founders say

Two Hong Kong-based and Asia-focused carbon registries launched recently will help to lower barriers for the trading of credits claimed by projects aimed at reducing greenhouse gas emissions in the ...

Posted on 06/09/2023

Economists Cut Singapore 2023 Growth Forecast, MAS Survey Shows

SINGAPORE--Experts surveyed by Singapore's central bank again ... They cut growth forecasts for the finance and insurance sector to 0.7% from 1.3%, and for the construction sector to 6.8% from 7.0%.

Posted on 06/09/2023

UPDATE 1-Singapore’s DBS raises $1.5 bln in two US dlr bond tranches -term sheet

Singapore's DBS Group has raised $1.5 bln in two U.S. dollar bond tranches, according to a term sheet reviewed by Reuters. The bank issued a two-year fixed rate bond that raised $750 million and a two ...

Posted on 06/09/2023

Singapore shares rise at Wednesday’s open; STI up 0.5%

SINGAPORE stocks were pulled into positive territory on Wednesday (Sep 6), bucking a global selloff on Wall Street and Europe amid cautious investor trading. Read more at The Business Times.

Posted on 06/09/2023

GASTECH-Natural gas market better supplied this winter, Chevron exec says

SINGAPORE, Sept 5 (Reuters) - The natural gas market is better supplied heading into this winter compared with last year amid fairly high stock levels, Colin Parfitt, Chevron's president of midstream, ...

Posted on 06/09/2023

UOB’s Citi acquisition to help it grow in Asean

SINGAPORE: UOB’s S$5bil acquisition of Citigroup’s consumer businesses in Malaysia, Thailand, Vietnam and Indonesia will be a game changer by doubling the bank’s Asean customer base outside Singapore ...

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