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Posted on 01/02/2024

Amer Sports prices IPO below range at $13 per share-source

Amer Sports , owner of the Arc'teryx, Salomon, and Wilson sports brands, priced its initial public offering (IPO) at $13 per share on Wednesday, below its indicated range of $16 to $18, a person ...

Posted on 01/02/2024

UOB seeks damages for losses from inflated loans

UOB is seeking to get S$92mil from Indonesian developer Lippo Marina Collection (LMC) over losses incurred from disbursing approximately S$182mil in inflated home loans.

Posted on 01/02/2024

Singapore continues talks with Australia’s Sun Cable, even with 4 GW of clean energy imports in the bag

SOME 20 companies including Asian and European energy giants, as well as Australia’s Sun Cable, still have a shot at snagging Singapore’s coveted import licence for clean energy, even though the ...

Posted on 01/02/2024

Singapore’s next economic reform – a green transformation

LAST week, several small and medium-sized enterprises (SMEs) told The Business Times that they see “no urgency” to tap a new Chief Sustainability Officer-as-a-Service programme by the Singapore ...

Posted on 01/02/2024

After 20 years, it could be time for Singapore to relook personal income tax-free threshold

Singapore tax residents have not needed to pay tax on the first S$20,000 of chargeable annual income. Read more at The Business Times.

Posted on 01/02/2024

Untreated ‘lao hua yan’ a major public health concern in rapidly ageing Singapore

Studies suggest onset can be earlier, in one's 30s, with increased screen time a possible cause. Read more at straitstimes.com.

Posted on 01/02/2024

Singapore High Court greenlights DeFiance Capital suit against 3AC

The founder of investment firm DeFiance Capital has received court approval to sue for the return of funds held by bankrupt crypto hedge fund Three Arrows Capital.

Posted on 01/02/2024

IPO Market Outlook 2024: 3 Hot New Stocks Coming in Q1

Headquartered in Singapore, the company has reportedly hired Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) to lead its IPO. However, recent reports say the company, which continues to have a ...

Posted on 01/02/2024

I flew to Singapore to meet my girlfriend. She catfished me and stole £20,000

Her photo was simple and she looked nice. I’ll call her Sandi. She did live in Singapore, which is thousands of miles away from me in the UK but I’d had my location set to ‘worldwide’ so, all things ...

Posted on 01/02/2024

Singapore ranks as 5th least corrupt country in 2023 index led by Denmark

Singapore remains the only Asian country to have placed in the top 10 since the Transparency International Corruption Perceptions Index was first published in 1995.

Posted on 01/02/2024

UOB and China Council for the Promotion of International Trade (CCPIT) renew MOU to facilitate regional trade & investment

UOB and the China Council for the Promotion of International Trade (CCPIT) today signed an enhanced Memorandum of Understanding (MOU) to boost foreign investment and trade between China and Southeast ...

Posted on 01/02/2024

”Had The Best Sleep”: Crypto Founder Calls Time In Singapore Jail ”Enjoyable”

Zhu Su, co-founder of failed crypto hedge fund Three Arrows Capital was released from a Singapore prison last month after serving three months for noncooperation with liquidators. according to South ...

Posted on 01/02/2024

Govt okays import of LNG cargo from Singaporean firm to meet gas demand

The government will import a cargo of liquefied natural gas (LNG), having 33.66 lakh MMBtu, from the Vitol Asia Pte Ltd of Singapore at a cost of Tk429.40 crore to meet the growing gas demand in the ...

Posted on 01/02/2024

Retrenchments in Singapore more than doubled in 2023 even as unemployment dipped slightly

SINGAPORE - Retrenchments in Singapore more than doubled in 2023 from the previous year to 14,320, even as overall unemployment rates fell slightly. Total employment growth here for the full year of ...

Posted on 31/01/2024

Asia-Pacific residential property shines in H2 2023

The Asia-Pacific residential property market Asia-Pacific witnessed accelerated growth in H2 2023, with Singapore registering as the top-performing market with 13.7% year-on-year (YoY) growth, ... ( read original story ...)

Posted on 31/01/2024

UOB and China Council for the Promotion of International Trade renew MOU to facilitate trade and investment in Asean

UOB and CCPIT first signed an MOU in 2012 and later renewed it in 2014. Since then, the partnership has helped numerous Chinese companies to explore business expansion opportunities in Southeast Asia.

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