Chinese steel tycoon Du Shuanghua is doubling down on Singapore investments, with his Glory Property Development submitting the top bid of about S$910 million to acquire the Far East Shopping Centre.
JSW Infrastructure IPO Sees Stellar Subscription: Here’s How To Check Your Allotment Status
JSW Infrastructure, a pivotal subsidiary of the JSW Group, has marked the culmination of its Initial Public Offering (IPO) with a remarkable subscription of 37.37 times on the final day of bidding.
Singapore govt announces additional $802M to ease cost of living
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.
‘Why was I so stupid?’ Man loses $70k after downloading app to buy roast duck
For six hours, a 74-year-old man chatted online with a friendly roast duck seller he met on Facebook, only to find his life savings almost wiped out after. Mr Loh lost about $70,000 to scammers who ...
Singapore’s fintech to contribute 3.6% in 2027
In 2022, the country also had the largest investment attractiveness at 41.1%. Singapore’s financial technology investment is projected to contribute about 3.56% (+2.45%) to the region’s gross domestic ...
PUMA runs with GOVT SG for Standard Chartered Marathon activation
Athletics brand PUMA has appointed commissions creative agency GOVT Singapore as the creative and activation agency for the Standard Chartered Singapore Marathon 2023.
Standard Chartered’s innovation arm launches audax, enable banks and FIs to modernise and scale at speed
SC Ventures, Standard Chartered’s innovation fintech investment and ventures arm, has launched a digital banking technology solutions provider called audax. It will help banks and financial ...
74-year-old man loses $70k after downloading third-party app to buy roast duck
The scammer transferred about $70,000 out of his DBS and POSB accounts in seven transactions. Read more at straitstimes.com.
GIC-backed Line Man to gear up for US$300mil IPO
Line Man Wongnai, an on-demand delivery app in Thailand, has started preparations for an initial public offering (IPO) in Bangkok that could raise around US$300mil, according to people with knowledge ...
Malware scam: 12 men arrested for allegedly siphoning cash from victims’ bank accounts
SINGAPORE - Twelve men allegedly linked to a money-laundering syndicate believed to be behind a recent spate of banking-related malware cases have been arrested. On Thursday, the police said they had ...
HSBC head of public affairs said to exit after slamming UK’s stance on China
Businesses like HSBC operating in China are struggling to navigate rising geopolitical tensions. Read more at straitstimes.com.
DBS Group: Dividend-Led Returns Potential Looks Appealing
DBS Group offers exposure to Asia's growing wealth and economy. Read the article to know whey we recommend a buy rating on DBSDF stock.
Singapore announces another plan on cost of living
SINGAPORE: Singapore’s Finance Ministry has announced an additional S$1.1bil to help households handle increases in the cost of living. The package includes an additional S$200 for 2.5 million adult Singaporeans, just under half of its population ...
SGX IPOs to see year end pick up with Sheffield Green, Winking Studios lodging prospectuses
New listing activity in Singapore is seemingly picking up after a near-year-long drought, with two companies filing their preliminary prospectuses for their respective Catalist listings. Sheffield ...
Two companies lodge preliminary Catalist listing documents as IPO interest returns
TWO companies have lodged their preliminary offer documents for Catalist listings in a sign that more activity could be returning to the local initial public offerings (IPO) market. Read more at The ...
Jail for ex-Maybank employee who took more than $1.4m from workplace safe
SINGAPORE – A Maybank Singapore service manager misappropriated more than $1.4 million in total from a workplace safe over 15 occasions, and used the monies to fund his gambling as well as forex ...