APS Asset Management Pte founder Kok-Hoi Wong is preparing to step down as chief investment officer of the Singapore-based hedge fund in the coming year. APS’s current Head of Investment Strategy Wang ...
CVC Rises as Firm, Backers Raise €2 Billion in Long-Awaited IPO
CVC Capital Partners Plc shares climbed as much as 29% after the company and its investors raised €2 billion ($2.15 billion) in an initial public offering, bringing the long-delayed listing process ...
Why This US Millionaire Calls Singapore the Ultimate Place to Live
The Ultimate Place to Live? ?️ This US millionaire thinks so! ? Find out why he believes Singapore is the perfect spot for expats and families. ???? #SingaporeLiving #ExpatLife ... ( read original story ...)
Singapore’s Path to Faster Economic Growth Is Riddled With Risks
Escalating tensions in the Middle East and risk of a delayed easing in global interest rates could threaten Singapore’s economic rebound this year, according to the central bank’s latest review. ( read original story ...)
HSBC Suspends HK, SG Independent Asset Mgmt Biz: Report
HSBC HOLDINGS (00005.HK) has decided to suspend its independent asset management business in Hong Kong and Singapore, due to business strategy considerations, according to Sing Tao Daily. However, ...
Intrigue Surrounds Singapore’s Billion Dollar Money Laundering Case: 10 Suspects’ Profiles Unveiled
In a shocking turn of events, Singaporean authorities have uncovered a complex web of money laundering amounting to S$2.8 billion. This case is popularly known as the Billion Dollar Money Laundering ...
DBS raises CLINT’s TP to $1.30, calls it the ‘fastest growing REIT’ with an inbuilt pipeline
DBS keeps 'buy' on CapitaLand India Trust with raised target price, points to strong pipeline of projects and healthy DPU CAGR.
DBS upgrades iFast to ‘buy’ with higher TP of $9.57 as outlook turns more positive
DBS Group Research analyst Ling Lee Keng has upgraded iFast Corporation to “buy” from “hold” previously as the group’s outlook turns more positive.
Singapore: GST amounting to SGD 319,914 evaded, 4 arrested with over 2,900 cartons of duty-unpaid cigarettes
All the duty-unpaid cigarettes as well as the van, prime mover and bowser were seized by Customs. The total duty and Goods and Services Tax (GST) evaded amounted to about SGD 319,914. Court ...
Singapore shares slipped on Friday—STI down by 0.1%
SINGAPORE: Singapore shares slipped on Friday morning, following a trend of global market losses from the previous day. The Business Times reports, as of 9:01 am, the Straits Times Index (STI) was ...
Singapore Industrial Production Tumbles 9.2%
Singapore's industrial production declined at the fastest pace in seven months in March, data from the Economic Development Board ...
Singapore factory output reverses into negative territory in March, down 9.2%
SINGAPORE’S industrial production contracted 9.2 per cent year on year in March, dragged down by double-digit declines in the electronics and volatile biomedical clusters, data from the Singapore ...
Singapore’s economy boosted by Taylor Swift, Coldplay shows; over half of concertgoers ‘likely’ from overseas
The Monetary Authority of Singapore (MAS) noted estimates by private-sector analysts indicating the concerts could have generated tourism receipts of up to S$450 million.
Core inflation in Singapore expected to remain elevated, before falling in fourth quarter: MAS
The GST hike to 9 per cent has likely been fully passed through to most consumer prices., said MAS Read more at straitstimes.com.
Singapore’s growth trajectory remains intact on improving exports, tourism boost: MAS
The World Trade Organisation forecasts global merchandise trade is to expand by 3.3 per cent in 2024, up from 0.8 per cent in 2023. In tandem, Enterprise Singapore expects the Republic’s non-oil ...
Singapore Economy Likely to Strengthen This Year, But Faces Long-Term Pressures
Singapore’s central bank said growth could be driven by the global electronics upturn, which is broadening beyond semiconductors and is fueling growth in Asia’s emerging markets.