Losers outnumber gainers 350 to 235, with 1.7 billion securities worth $1.3 billion changing hands. Read more at straitstimes.com.
Prosecution seeks up to 66 months’ jail for man linked to loan ruse that cheated 2 banks of $1.2m
On Oct 15, Deputy Public Prosecutor Cheah Wenjie urged the court to sentence Lee to up to five years and six months’ jail, stressing that the offender had made no restitution. DPP Cheah also told ...
Vedanta Resources Signs Facility Agreement Worth $125 Million
Standard Chartered Bank Singapore Ltd. is the arranger, agent, and lender for the agreement, which aims to support Vedanta Resources' funding requirements.
Singapore firm accused of deforestation through ‘shadow’ firms linked to Indonesia’s controversial food estate project
Palm oil company First Resources has denied that it has secured sugarcane concessions in Papua through its subsidiaries, which would jeopardise a no-deforestation pledge the company made almost ...
From potato skins to kopi cups: Innovative students tackle food and packaging waste in Singapore
Selected as one of the five winning pitches in the second edition of the DBS Foundation X NEA Hungry for Change Challenge, their solution is slated for a pilot phase at Koufu Fusionopolis. Read more ...
Neil Parekh Nimil Rajnikant on Income Tax (Amendment) Bill and Multinational Enterprise (Minimum Tax) Bill
Two Bills being debated in Parliament on Tuesday (Oct 15) “present significant opportunities” for Singapore, said NMP Neil Parekh Nimil Rajnikant. He said the Income Tax (Amendment) Bill incentivises ...
Mark Lee on Income Tax (Amendment) Bill and Multinational Enterprise (Minimum Tax) Bill
As Parliament debated a Bill to enforce a global 15 per cent minimum effective tax rate for large multinational enterprises (MNEs) in Singapore, NMP Mark Lee said many jurisdictions are implementing ...
Enterprise Singapore partners with African Export-Import Bank to catalyse financing for Singaporean companies expanding to Africa
Enterprise Singapore partners with African Export-Import Bank to catalyse financing for Singaporean companies expanding to Africa ...
Food Innovators’ IPO fully subscribed, public offer 6.3 times subscribed
In total, the private placement and public tranches have a subscription rate of 1.4 times. Read more at straitstimes.com.
GIC and BlackRock snap up Hyundai India shares in record $4.3 billion IPO
Singapore sovereign wealth fund GIC and US asset management giant BlackRock together picked up stakes worth a total of US$77.3 million, while American financial major Fidelity bought shares worth ...
Singapore’s OCBC Group CEO Helen Wong ranked as 2nd most powerful woman in Asia for 2024
She took 2nd place on this year’s Fortune Most Powerful Women Asia list, which ranks women business leaders across the Asia Pacific region ...
BLEED Esports Reportedly Abandons MLBB Players in Singapore
BLEED Esports has allegedly left two of its PH MLBB players stranded in Singapore following the end of the MPL SG Season 8.
Singapore fintech funding down 10% to $208m in Q3
The drop is in line with overall tech startup funding in Singapore. Singapore’s financial technology (fintech) companies raised a total of $208m for funding in Q3 2024, 10% lower than in the same ...
Lee Hsien Yang, son of Singapore’s founding PM, plans to demolish Oxley Road home
The youngest child of Singapore's founding Prime Minister Lee Kuan Yew said on Tuesday he would apply to demolish the statesman's home in line with his wishes, following the death of Lee's daughter last week.
Two men linked to Singapore-based Chinese cybercrime ring first to plead guilty
The two Malaysian businessmen conspired to buy the personal data of more than 9,000 people from a Chinese national who claimed to have the data of over 1 million Thais.
India’s biggest IPO off to a slow start, subscribed 0.18x on Day 1
Hyundai IPO India IPO automotive sector Hyundai Motors subscription trends retail investors anchor investors Government of Singapore ...