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Posted on 14/11/2023

Singapore’s Sea Swings Back to Loss After New Rivals Take a Toll

Sea Ltd. swung back to a loss in the third quarter, hit by flagging consumption and intensifying competition from Alibaba and TikTok on its home turf.

Posted on 14/11/2023

Yes8 Online Casino Singapore- Your Trusted Choice

As an established betting platform in Asia, Yes8 offers various online casino Singapore games, sports betting options, and esports betting through TF Gaming. You can be confident in a secure and fair ...

Posted on 14/11/2023

Harnessing the power of Singapore fintech to drive sustainability

New regulations for data and mandatory reporting are acting as a catalyst for making the country a regional ESG hub, a key topic at this week's Singapore Fintech Week.

Posted on 14/11/2023

StanChart launches blockchain unit, eyes Singapore bond fund

SINGAPORE -- International bank Standard Chartered's venture arm on Tuesday launched a new blockchain unit that aims to help tokenize traditional financial instruments, moving rapidly to stake out a ...

Posted on 14/11/2023

DBS Group Holdings Ltd’s Dividend Analysis

Extended to a five-year horizon, this rate increased to 9.80% per year. And over the past decade, DBS Group Holdings Ltd's annual dividends per share growth rate stands at an impressive 10.90%.

Posted on 14/11/2023

Maybank and DBS raise respective target prices for StarHub on higher earnings and lower IT spending

Analysts from Maybank Securities and DBS Group Research have raised their respective target prices for StarHub following better-than-expected 3QFY2023 earnings.

Posted on 14/11/2023

Singapore-based fund takes majority stake in media firm once backed by Bankman-Fried loan

This deal is worth more than US$50 million, according to people familiar with the matter. Read more at straitstimes.com.

Posted on 14/11/2023

Singapore beats the US as the largest source of real estate investments in APAC

Property investors from Singapore injected nearly US$8.5b into the region. Singapore has emerged as the primary source of Asia-Pacific (APAC) real estate investments year-to-date, surpassing the ...

Posted on 14/11/2023

Billionaire Lim Kok Thay’s Genting To Spend Additional $1.7 Billion To Revamp Singapore Casino Resort

Genting Singapore is spending an additional S$2.3 billion to revamp its Resorts World Sentosa (RWS) casino resort as hotel room rates in the Lion City surged to record levels this year.

Posted on 14/11/2023

New initiative called Universal Trusted Credentials to help MSME better access finance launched: UNDP, MAS and partners

The UTC proposes a framework that assesses an MSMEs financing worthiness based on traditional and alternative data sets.

Posted on 14/11/2023

World Bank’s IFC names country manager for Singapore, Malaysia and Brunei

THE International Finance Corporation (IFC), the World Bank’s investment arm, has appointed Katia Daude Gonçalves as country manager for Singapore, Malaysia, and Brunei, it said on Tuesday (Nov 14).

Posted on 14/11/2023

Maid withdrew S$88,600 from bank account of employer’s 95-year-old father, gets jail

SINGAPORE — Over about six months, a maid withdrew a total of S$88,600 from her employer's 95-year-old father's bank account, taking care not to trigger the bank's automatic alert for large ... ( read original story ...)

Posted on 14/11/2023

SC Venture’s Libeara will soon let accredited investors in on tokenised Singapore-dollar government bond funds

Libeara was born after MAS’s global retail CBDC challenge. It also built projects for the HK government, Ghana, and Philippines.

Posted on 14/11/2023

Boustead Singapore reports 19% higher H1 profit at S$26.9 million

BOUSTEAD Singapore on Tuesday (Nov 14) reported 19 per cent higher net profit at S$26.9 million for the first half of FY2024 ended Sep 30, compared with S$22.6 million the previous year. Read more at ...

Posted on 14/11/2023

Genting Singapore Soars Most in Three Years on Earnings Beat

Genting Singapore Ltd. jumped the most in more than three years after the casino operator posted better-than-expected third-quarter earnings, underscoring a recovery in tourism in Singapore.

Posted on 14/11/2023

Jail for maid who unlawfully withdrew $88.6k from 95-year-old man’s bank account over 89 occasions

SINGAPORE - Saddled by hefty debts back home, an Indonesian maid used a bank card belonging to her employer’s elderly father to make 89 unauthorised withdrawals totalling $88,600 from January to July ...

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