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Posted on 09/08/2023

Singapore wealth management platform Endowus raises $35M

Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus, which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.

Posted on 09/08/2023

DBS CEO Piyush Gupta nets $3.4m after selling 100,000 shares in the bank

DBS Group Holdings chief executive Piyush Gupta has sold 100,000 shares in the bank, netting him around $3.4 million, according to documents filed with the Singapore Exchange on Tuesday (Aug 8). Mr ...

Posted on 09/08/2023

Singapore knocks on the doors of a paradigm shift

THE Singapore story has been nothing short of remarkable. As we celebrate our 58th birthday today, Singapore is largely free from hunger, poverty and crime. The only gripe might be the insufferably ...

Posted on 09/08/2023

Singapore’s Premier Lee Vows to Keep Trust in a ‘Troubled World’

Singapore’s Prime Minister Lee Hsien Loong said he’s confident the city-state will stand strong as he seeks to move past a series of political scandals and persistent inflation.

Posted on 09/08/2023

Singapore PM Lee reassures public amid political scandals, inflation

Singapore Prime Minister Lee Hsien Loong on Tuesday sought to reassure the public after a spate of political scandals rocked his ruling party in recent months and amid continuing worries over inflation in the city-state.

Posted on 09/08/2023

Singapore banks’ new security feature to curb malware scams can halt mobile banking services on detecting ‘unauthorised’ apps

To counter malware scams, banks here are rolling out a “stronger security feature” where phone users will not be able to use their mobile banking applications or log in to their internet banking ...

Posted on 09/08/2023

S’pore banks roll out new security feature to curb malware scams; no digital banking services from phones with ‘unauthorised’ apps

To counter malware scams, banks here are rolling out a “stronger security feature” where phone users will not be able to use their banking apps or log in to their internet banking accounts temporarily ...

Posted on 08/08/2023

Foreign investors from Mauritius, Singapore under taxman’s lens

Foreign investors from Mauritius, Cyprus and Singapore have been on the receiving end of a number of notices for gains from investment in fully or compulsorily convertible debentures (CCDs) issued by ...

Posted on 08/08/2023

Crypto Brokerage Blockchain.com Receives Institution License From Singapore

Crypto brokerage Blockchain.com received a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS), according to a press release on Monday. The license allows it to ...

Posted on 08/08/2023

In Parliament: Gerald Giam asks about background checks for foreign nationals who open businesses in SG, cites Chinese crypto mogul sued by US SEC

SINGAPORE: In Parliament last month, Workers’ Party MP Gerald Giam (Aljunied GRC) brought up the issue of background checks for foreigners who want to start businesses in Singapore, an issue he also ...

Posted on 08/08/2023

Singapore recalls eggs imported from Ukrainian farm due to presence of Salmonella bacteria

SINGAPORE: The Singapore Food Agency (SFA) has ordered the recall of eggs imported from a Ukraine farm after detecting the presence of Salmonella Enteritidis. The affected eggs can be identified by ...

Posted on 08/08/2023

Singapore Land profit falls 53.2%; share of associate, joint venture results weaken

SINGAPORE Land Group reported a 53.2 per cent decline in net profit to S$168.4 million for the first half ended June 2023, from S$359.8 million in the corresponding period a year earlier. Read more at ...

Posted on 08/08/2023

Concord Biotech IPO final day to apply today: GMP update, subscription status

Concord Biotech IPO subscribed 10.96 times, with grey market premium at ₹202. Allotment likely on August 11, listing on August 18.

Posted on 08/08/2023

TVS Supply Chain Solutions IPO: Latest GMP rates, price band, bidding start and end date, allotment date, listing date and other details

TVS Supply Chain Solutions has already completed a pre-IPO placement worth Rs 150 crore. Proceeds from the fresh issue will be allocated towards clearing debts incurred by the company and its ...

Posted on 08/08/2023

New security feature on OCBC banking app draws mixed reactions

Android users with apps from unofficial stores will unable to access OCBC's mobile banking app. Read more at straitstimes.com.

Posted on 08/08/2023

Singapore monetary authority to invest $110m in FinTech innovation

The Monetary Authority of Singapore (MAS) is set to invest around $110 million (150 million Singaporean dollars) in FinTech, with plans to help fund emerging technology like Web3.

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