Singapore-based Genesis Alternative Ventures is looking to raise US$150 million for a second fund to finance startups across Southeast Asia. ( read original story ...)
Singaporean banking giant DBS reports crypto-trading spike; Bitstamp sees ‘massive crypto interest’
DBS, Singapore's bank behemoth has revealed its digital exchange customers have been buying the Bitcoin and crypto dip. ( read original story ...)
Forward Singapore exercise to look at better support for people with disabilities: Lawrence Wong
Speaking at the biennial Inclusive Business Forum 2022 organised by SG Enable, Deputy Prime Minister Lawrence Wong also said companies are increasingly seeing the "good business sense" in being ... ( read original story ...)
SCB X Public Company Limited — Moody’s assigns first time Baa2 issuer ratings to SCB X Public Company Limited
Moody's assigns first time Baa2 issuer ratings to SCB X Public Company LimitedGlobal Credit Research - 25 Aug 2022Singapore, August 25, 2022 -- Moody's Investors Service ("Moody's") has today assigned ... ( read original story ...)
DBS NAMED WORLD’S BEST BANK FOR FIFTH YEAR RUNNING
DBS has once again been named World's Best Bank by US-based financial publication Global Finance, marking the third time that the bank has clinched the magazine's top accolade since 2018. This latest ... ( read original story ...)
Revolut appoints Raymond Ng as Singapore CEO to strengthen business growth further
Revolut, the global financial superapp with over 20 million customers, has appointed Raymond Ng as Singapore CEO as it continues to grow in Singapore. ( read original story ...)
Keppel consortium to acquire 80% majority stake in 800 Super Holdings for $304 mil
800 Super, one of three licensed public waste collectors in Singapore, is a leading integrated environmental solutions provider and has four main operating segments, waste management, waste treatment, ... ( read original story ...)
Funder backs Singapore investor’s claim against China
A Singaporean group has secured third-party funding for a US$170 million treaty claim against China over the curtailment of its phosphate mining activities to make way for a panda reserve. ( read original story ...)
Banks seek clarity on new rules about roundtripping in overseas investment
Under the new rules, Indian entities can make investments in foreign companies that have Indian subsidiaries provided the whole investment structure doesn't have more than two layers. Now, there are ... ( read original story ...)
Singapore High Court Recognizes Three Arrows Capital Liquidation Order
The liquidators of Three Arrows Capital secured a crucial court decision in Singapore, which will give them the ability to probe the local assets of the defunct crypto hedge fund, a high court ... ( read original story ...)
Singapore hawkers feel the heat of spiking inflation
In Singapore, hawker centers are one segment of the service economy directly affected by the city-state’s rising inflation. The city-state’s famed low-cost eateries were forced to raise prices at the ... ( read original story ...)
Three Arrows liquidators get Singapore court nod to probe crypto fund
Liquidators get authority to request access to any financial records the fund kept locally, say sources. Read more at straitstimes.com. ( read original story ...)
Singapore Financial Regulator Imposes $9 Million Fine on Commodity Trader Noble Group
Commodity trader Noble Group Ltd will pay a S$12.6 million ($9.03 million) penalty for releasing 'misleading' information in its financial statements between 2012 and 2016, the Monetary Authority of ... ( read original story ...)
Singapore Concludes Noble Group Saga With Fine and Warnings
Noble Group Ltd., the commodity trader whose losses, spectacular collapse, court dramas and multibillion dollar restructuring dominated headlines in Singapore over several years, was fined by local ... ( read original story ...)
Singapore’s central bank chief says era of cheap money, energy is over
SINGAPORE: Singapore’s central bank chief said that global interest rates are unlikely to return to near zero, joining a chorus of policymakers signalling that inflation is likely to remain high while ... ( read original story ...)
Singapore’s Menon says era of cheap money, energy is over
The era of cheap money, cheap labour and cheap energy is over,” said Ravi Menon, managing director of MAS said. ( read original story ...)