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Category: FINANCE

Posted on 24/04/2023

Singapore and China launches taskforce for green finance

The collaboration will be co-chaired by Gillian Tan and Dr. Ma Jun. The People's Bank of China (PBC) and the Monetary Authority of Singapore (MAS) have declared the formation of the China-Singapore ...

Posted on 24/04/2023

I was scared for myself and my children: O.K. Lim’s ex-personal assistant testifies

She had taken instructions to create false documents for a deal that had not taken place. Read more at straitstimes.com.

Posted on 24/04/2023

AIMS APAC REIT divests 541 Yishun Industrial Park A for $12.9 mil

Yishun Industrial Park A for $12.88 million. The sale price represents an 8.2% premium to the property’s valuation of $11.9 million as at March 31. The sale was made via a sale and purchase agreement ...

Posted on 24/04/2023

DBS downgrades OCBC and UOB to ‘hold’ as it sees ‘limited catalysts for now’

Economists from DBS Group Research expect the US Fed to hike rates once more during the 2Q2023 to 5.25%, which is the terminal rate for the current rate hike cycle. See also: CGS-CIMB stays 'neutral' ...

Posted on 24/04/2023

Singapore March Core Inflation Rises 5%, Slightly Less Than Forecast

Singapore's key consumer price gauge rose 5% in March, slightly lower than forecast, official data showed on Monday. The core inflation rate - which excludes private road transport and accommodation ...

Posted on 24/04/2023

DBS maintains ‘buy’ call on FCT with 2023 shaping up to be ‘banner year for acquisitions’

2023 is shaping up to be another banner year for acquisitions with [around] $500 million in acquisition deals year-to-date.

Posted on 24/04/2023

Singapore EV battery startup Oyika secures $8.75m in funding

Singapore-based smart-battery-swapping startup Oyika has secured fresh funding from BPIN Investment, a unit of Thailand's smart-energy company Banpu Next, according to regulatory filings. Banpu Next, ...

Posted on 24/04/2023

Funds raised by Singapore’s early-stage emerging tech startups down 28% in 2022

SINGAPORE - Early-stage emerging technology startups in Singapore raised US$253 million (S$337.5 million) in funding last year, down 28.1 per cent from the US$352 million raised in 2021, said ...

Posted on 24/04/2023

StashAway launches third cash management portfolio with fixed deposit holdings, daily-reviewed rates

The launch comes a day after the digital wealth manager announced higher management fees for its two prior cash portfolios.

Posted on 24/04/2023

DBS CEO Piyush Gupta in new book: Don’t forget your younger self

Why did the DBS CEO say this? Find out too who are the other famous personalities who shared their life lessons.

Posted on 24/04/2023

NI has potential to be Singapore-style investment hub, says Silicon Valley CEO

Ms Friar was back in Northern Ireland last week to speak at a major conference marking the 25th anniversary of the Good Friday Agreement ...

Posted on 23/04/2023

IPO market shows signs of life even as recession fears persist

The global market for initial public offerings is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia. But ...

Posted on 23/04/2023

Northern Ireland has the potential to be Singapore-style investment hub, says Silicon Valley CEO Sarah Friar

Northern Ireland has the potential to become a Singapore-style international investment hub, a Silicon Valley tech chief executive has predicted.

Posted on 23/04/2023

Shanghai and Singapore initiating new collaboration in new era

Singapore and Shanghai have been reaffirming strong comprehensive business ties over the years, with a sector in point being financial services and innovation. To deepen diplomatic relations and ...

Posted on 23/04/2023

Maid runs away after borrowing money from loan shark; employer later discovers $20k missing from bank account

One woman in Singapore was shocked to discover that the family's maid had borrowed $10,000 from loansharks. Not only that, they later found out that $20,000 had been stolen from their mother's bank ...

Posted on 22/04/2023

U Power shares soar after biggest US IPO this year

U Power shares skyrocketed amid more than 20 halts for volatility as the Chinese electric vehicle (EV) startup debuted on a US exchange on Thursday.

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