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Category: FINANCE

Posted on 20/04/2023

There Are 94 IPOs in the Pipeline in Hong Kong. Which Firms Have the Lion’s Share of the Work?

Funds raised from new share listings in Hong Kong in the first quarter of this year fell a massive 52% year-on-year, and fewer than 20 companies raised $837 million via Hong Kong IPOs in that time.

Posted on 20/04/2023

So long Singapore: expats flee city as rents go through the roof

Southeast Asian city-state is losing international talent as some expats report rent hikes as high as 80 percent.

Posted on 20/04/2023

Singapore OCBC phishing scam: Another youth pleads guilty to role in causing S$12.8m in losses, lying to police

A 19-year-old youth, who was involved in a money laundering gang with eight others aged from 17 to 21, helped to pull off 768 OCBC phishing scams and ...

Posted on 20/04/2023

Chart of the Day: Top investment sectors of HNWIs in Singapore

Hotels and leisure properties are leading. This chart from Knight Frank showed the top investment property sectors of high-net-worth individual (HNWI) in Singapore. The top property is hotels and ...

Posted on 20/04/2023

Music producer and ‘Singapore Idol’ judge Ken Lim charged for abuse

Following his time on Singapore Idol, 8days reported that Ken Lim went ... a former singer and current CEO of Standard Chartered Bank's Consumer, Private, and Business Banking (CPBB). According to ...

Posted on 19/04/2023

Singapore property investment activity slows on higher interest rates, US bank turmoil

Singapore’s safe-haven appeal remains due to its sound economic and property market fundamentals. Read more at straitstimes.com.

Posted on 19/04/2023

DBS cheers Keppel DC REIT with ‘buy’ call; OCBC raises fair value

Analysts from DBS Group Research and OCBC have kept their calls on Keppel DC REIT, following its 1QFY2023 business update showing continued improvement. For the three months ended March 2023, the data ...

Posted on 19/04/2023

EDPR Sunseap’s parent EDP signs five-year $1 bil green loan with DBS, OCBC, UOB, MUFG

Singapore’s GIC committed EUR1 billion for a roughly 5% stake in EDPR, making GIC the second-largest shareholder.

Posted on 19/04/2023

Singapore Is World’s 5th Wealthiest City & Only Southeast Asian City in Top List

A new report by Henley & Partners has revealed that Singapore is now the fifth wealthiest country in the world by the number of millionaires (US$) within its population. The list published by ...

Posted on 19/04/2023

Investing in sneakers in Singapore: How to flip exclusive sneakers to make profits

Movies about superhero and supervillain origin stories are a dime a dozen, but there aren’t a lot of movies like Air (2023)—a film about the origin of a shoe.Released just this month (Apr 2023), the ...

Posted on 19/04/2023

The pivot in MAS’s policy came as no surprise to most analysts

Some of the analysts have kept their 2023 GDP estimates while others have lowered their full-year expectations.

Posted on 19/04/2023

Borderless healthcare: Doctor Anywhere founder on building one of the largest “hospitals” in SEA

Doctor Anywhere has grown beyond a telehealth startup to offer holistic, omnichannel healthcare across the region.

Posted on 19/04/2023

LinkedIn Ranked DBS, StanChart, Grab as Best Workplaces to Grow a Career in Singapore

DBS Bank found itself on top of the list for the best workplaces to grow a career in Singapore according to LinkedIn.

Posted on 19/04/2023

We’ll see the ‘biggest payback’ from China’s reopening in the second quarter: DBS Group Research

Taimur Baig of Singapore's largest lender says "a big chunk of the world is going to slow this year, but a very big chunk of the world is going to have a pretty decent outturn." ...

Posted on 19/04/2023

Is high cost of living breaking down Singapore’s financial health?

The high cost of living in Singapore has been a long-standing issue, with many Singaporeans struggling to cope with the rising prices of food, energy, transport, medical expenses, and education costs.

Posted on 19/04/2023

UOB Invests S$500 Million to Build Innovation Center in Punggol Digital District

UOB will invest more than S$500 million to be the first local bank to establish a presence in JTC’s Punggol Digital District (PDD).

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