The fund was established to support a wide range of measures for businesses to improve productivity, and continue to educate and train workers. Read more at straitstimes.com.
FirstFT: Singapore’s GIC scales back China investments
Singapore’s GIC, one of the world’s largest investors ... The sovereign wealth fund has also significantly slowed the pace of its direct investments in private Chinese companies, five people with ...
Singapore finance minister sees lower 2022 budget deficit at S$2 billion
Singapore Finance Minister Lawrence Wong said on Tuesday the government expects 2022's budget deficit to be S$2 billion ($1.51 billion), or 0.3% of gross domestic product, down from a previous ...
Singapore finance minister sees 2022 budget deficit of RM6.6bil
SINGAPORE, Feb 14 (Reuters): Singapore's Finance Minister Lawrence Wong said on Tuesday the government expects 2022's budget deficit to be S$2 billion (US$1.51 billion - RM6.6bil), down from a ...
Singapore fin min sees lower 2022 budget deficit at S$2bil
SINGAPORE: Singapore Finance Minister Lawrence Wong said on Tuesday the government expects 2022's budget deficit to be S$2 billion ($1.51 billion), or 0.3% of gross domestic product, down from a ...
Singapore’s GIC rethinks China strategy after significant pullback
Singapore’s sovereign wealth fund GIC has put the brakes on private investments in China as it steps up scrutiny of risks in the world’s second-biggest economy. GIC, one of the world’s largest ...
Singapore-based neobank Aspire raises $100M from Lightspeed and Sequoia SEA
Aspire, the Singapore-based neobank that wants to become the financial ... Aspire began offering more services, including bank accounts for cross-border businesses, corporate cards, payable and ...
Singapore-based edtech IMMRSIV sets terms for proposed $11M US IPO
Singapore-based edtech IMMRSIV has disclosed terms for a proposed $11M US initial public offering. IMMRSIV said in a filing that it was looking at offering 2.4M ordinary shares pr ...
Link Reit sinks as surprise US$2.4 billion cash call triggers a sell-off in Hong Kong property stocks amid debt concerns
Link Reit, Asia’s biggest real estate investment trust, is asking US$2.4 billion from unit holders to help repay debt. Investors surprised by the cash call dumped the stock and other Hong Kong ...
Singapore banks: Adani saga raises doubts about overseas push
Singapore’s lenders have long benefited from the city state ... DBS trades at more than 1.8 times tangible book value, nearly double that of Asia-focused peers such as HSBC. The substantial premium ...
Man thanks SMRT bus captain for ‘saving his day’ after returning bag he left at ATM
An SMRT bus captain made a Stomper's day with a simple kind gesture. Stomper Raven told Stomp that he had accidentally left a plastic bag next to a POSB ATM at Hillion Mall on Sunday morning (Feb 12).
Singapore Exchange Saw its 1H FY2023 Net Profit Jump 30%: 5 Highlights from the Bourse Operator’s Latest Earnings
One reason for the weaker numbers could be the volatility in stock markets. A total of four new IPOs raised ... we cover the best performing stocks and blue chips in the Singapore market in 2022. Look ...
Market LIVE Updates: Sensex and Nifty 50 likely to open lower, Asian markets in the red
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open lower on first trading day of the week amid largely negative global cues. Singapore Exchange Nifty futures, an early indicator ...
Singapore downgrades fourth-quarter GDP, but keeps 2023 forecast
Singapore's economy grew slightly less than initially estimated ... For the full year, GDP grew 3.6% versus an initial 3.8% estimate. Stock picks and investing trends from CNBC Pro: 10 stocks that fit ...
Singapore bank DBS profit soars 68% in the fourth quarter, flags robust outlook
DBS, the first Singapore bank to report this season, said October-December net profit rose to a record $2.34 billion Singapore dollars ($1.76 billion) compared with an average estimate of S$2.16 ...
Singapore maintains 2023 GDP growth forecast, spurred by China reopening
Singapore (AFP) – Singapore said Monday it will stick to ... a regional economist with CIMB Private Banking. Despite the reopening of China -- the world's second-biggest economy -- and other positive ...