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Posted on 30/10/2023

Singapore plans joint crypto pilots with Japan, Switzerland and UK

The Monetary Authority of Singapore, the country’s central bank and financial regulator, is planning to start crypto-related cooperation with Japan, Switzerland and the United Kingdom.

Posted on 30/10/2023

Malaysia, Singapore in agreement to improve business development fund financing

PETALING JAYA: Malaysia and Singapore had signed a “side letter” to improve the provisions of the Malaysia-Singapore Business Development Fund (MSBDF) agreement for third countries.

Posted on 30/10/2023

Singapore, Malaysia to develop border economic zone, in sign of ‘collaborative’ boost to ties

The Johor-Singapore special economic zone is aimed at attracting investment to the area and enhancing the flow of goods and people across borders Analysts say the retreat shows 'encouraging' signs of diplomatic discussion over territorial differences and 'commitment' to earlier cooperation initiatives Plans to accelerate a cross-border economic

Posted on 30/10/2023

Reits lead Singapore stocks higher on Monday, STI up 0.1%

The Straits Times Index (STI) rose 0.1 per cent or 2.44 points to close at 3,064.29, with real estate investment trusts (Reits) leading the gainers.

Posted on 30/10/2023

Skyroot Aerospace raises $27.5 million in pre-Series C round led by Singapore’s Temasek

Spacetech startup Skyroot Aerospace, which successfully fired India’s and South Asia’s first privately built rocket in November 2022, has raised US $27.5 million (approx. Rs 225 crore) in a pre-Series ...

Posted on 30/10/2023

Sheffield Green closes at S$0.19 on Catalist debut, 24% below IPO price

SHEFFIELD Green, which provides human resources for the renewable energy sector, closed at S$0.191 on its trading debut on the Singapore Exchange’s (SGX) Catalist board on Monday (Oct 30) – 23.6 per ...

Posted on 30/10/2023

Singapore plans to redevelop Woodlands CIQ to make full use of Causeway’s capacity, PM Lee says

JOHOR BARU, Oct 30 — The Singapore government will commit to enhancing and making full use of the Causeway’s capacity connecting it with Johor, which will see a redevelopment of the current Woodlands’ customs, immigration and quarantine (CIQ ...

Posted on 30/10/2023

HSBC plans US$3 billion share buyback, CEO touts capital strength

I think we are at the bottom of the market, but it will take quite a while for that market to recover and regain momentum' ...

Posted on 30/10/2023

HSBC Q3 profit misses estimates, to buy back US$3 billion of shares

HSBC Holdings reported on Monday a 240 per cent increase in third-quarter pre-tax profit as higher interest rates boosted the bank’s profitability and helped it fund a fresh US$3 billion share buyback ...

Posted on 30/10/2023

HSBC gives $3bn boost to investors as profits double

HSBC saw profits in the third quarter more than double to $7.7 billion thanks to higher interest rates, figures likely to lead to fresh calls for banks to boost savings rates. The London-listen lender ...

Posted on 30/10/2023

Singapore, Malaysia to deepen business links following PM Lee and Anwar’s annual retreat

SINGAPORE and Malaysia have agreed to deepen business collaborations at an annual retreat between leaders of the two countries, who highlighted the need to strengthen ties amid global uncertainty. Read more at The Business Times.

Posted on 30/10/2023

Second Chance Properties records $10.4 mil profit in 2HFY2023 on the back of growing securities business

Second Chance’s securities business witnessed significant increase in revenue, up 35.3% to $18.29 in FY2023. This was primarily attributed to a higher level of dividends received from quoted securities as the company expanded its investments in these securities.

Posted on 30/10/2023

Johor-Singapore Special Economic Zone MOU to be signed in January

SINGAPORE and Malaysia aim to sign a memorandum of understanding (MOU) for the Johor-Singapore Special Economic Zone (SEZ) next January, leaders of both countries said at an annual retreat on Monday.

Posted on 30/10/2023

Strides announces sale of manufacturing facility in Singapore for a consideration of $15 million

Strides announces sale of manufacturing facility in Singapore for a consideration of $15 million: Our Bureau, Bengaluru Monday, October 30, 2023, 16:10 Hrs [IST] Strides Pharma Sc

Posted on 30/10/2023

Singapore’s diplomatic relations with Israel ‘no reason’ to cause difficulty with Malaysia: PM Lee

Malaysia Prime Minister Anwar Ibrahim said his country and Singapore share a common position in that they both voted in favour of a United Nations resolution to protect civilians amid the Israel-Hamas war.

Posted on 30/10/2023

Malaysia’s Gentari, Singapore’s GIC to produce, export green ammonia from India

SINGAPORE, Oct 30 (Reuters) - Malaysia's Gentari, a renewable energy unit of Petronas, and Singapore sovereign wealth fund GIC on Monday signed an agreement to produce up to 5 million metric tons per annum (mtpa) of green ammonia in India by 2030.

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