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Posted on 20/06/2023

Stock Market Live: Sensex, Nifty 50 poised for a negative start

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open lower tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 75.5 ...

Posted on 20/06/2023

Operator Sim Leisure says took risk by buying over ‘failed’ Kidzania Singapore, Khazanah not involved in sale

After acquiring Kidzania Singapore for just S$110,000 or around RM380,000, Singapore-based theme park operator Sim Leisure Group Ltd (SLG) said state sovereign fund Khazanah Nasional Bhd was never ...

Posted on 20/06/2023

Traveloka launches pilot climate action checkout for Singapore consumers in partnership with South Pole

Traveloka users in Singapore will be able to purchase carbon credits and contribute to global climate action when booking flights on the platform. The revenue generated will be invested in wastewater ...

Posted on 20/06/2023

OCBC ups stake in insurance arm Great Eastern to 88.4%

The move came despite Great Eastern being a drag on the bank’s performance in recent quarters. Read more at straitstimes.com.

Posted on 20/06/2023

Crypto.com rejects accusations of propriety trading, citing risk-neutral operations

Rather, the Singapore-based crypto exchange clarified that this unit progressively enhances order book liquidity while reducing spreads. Based on the explanation, this approach helps the company ...

Posted on 20/06/2023

Singapore’s civil servants to receive 0.3-month mid-year bonus: PSD

This follows careful consideration regarding Singapore's economic outlook and a progressive approach towards mid-year payments.

Posted on 20/06/2023

Singapore-based Bitsmedia announces significant milestone with 150 million downloads for its global lifestyle app

Bitsmedia, the developer and publisher of Singapore-based Muslim Pro, the world's leading Muslim lifestyle app, has announced that it has surpassed a remarkable milestone of 150 million downloads ...

Posted on 20/06/2023

How have Singapore IPOs been performing?

We take a look at the stock prices of recent high-profile Singapore-linked IPOs. They are Grab, PropertyGuru, Nio, Ohmyhome, and GoTo.

Posted on 20/06/2023

Singapore SMEs encouraged to implement flexible work arrangements

Smaller companies may face some challenges when it comes to implementing flexible work measures. Read more at straitstimes.com.

Posted on 20/06/2023

Supply is ample, yet there is value in Singapore property

THE United Kingdom (UK) may have more land per person than Singapore, yet suffers from a greater housing shortage. Read more at The Business Times. ( read original story ...)

Posted on 20/06/2023

Singapore Airlines trounces Hong Kong’s Cathay Pacific in battle for the skies

THE fortunes of Singapore Airlines and Cathay Pacific Airways, the flagship airlines of two of Asia’s most important financial hubs, differed during the pandemic and continue to diverge in its ...

Posted on 20/06/2023

Singapore Air Trounces Hong Kong’s Cathay in Battle for the Skies

The fortunes of Singapore Airlines Ltd. and Cathay Pacific Airways Ltd., the flagship airlines of two of Asia’s most important financial hubs, differed during the pandemic and continue to diverge in its aftermath.

Posted on 20/06/2023

Copper miner Amman Mineral raised $715 mln in Indonesia’s biggest IPO this year – sources

Indonesian copper miner Amman Mineral Internasional raised 10.73 trillion rupiah ($715.81 million) in the country's biggest initial public offering (IPO) this year, according to a source with direct ...

Posted on 20/06/2023

Crypto.com Is Trading on Its Own Exchange, Insists That’s Totally Fine

Crypto.com has some of its team trading tokens for profit, according to a newspaper report today. The Financial Times reported Monday that the Singapore-based cryptocurrency exchange operates ...

Posted on 20/06/2023

PE firm TPG exits Shriram Finance; sells entire stake for Rs 1,390 crore

TPG India Investments II Inc — offloaded the shares of non-banking financial company Shriram Finance Ltd in 18 tranches.

Posted on 19/06/2023

Some Silicon Valley Bank Customers Still Owe Loan Payments Despite Losing Their Deposits, Report Says

Asia-based clients of Silicon Valley Bank were not protected by the U.S. banking regulator's deposit protection after the bank collapsed in March—meaning those ...

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