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Posted on 31/10/2023

Korea Investment Partners is the latest Korean VC firm to launch a Southeast Asia fund

More South Korean investors are putting money into Southeast Korea startups, creating an “investment corridor” between the two regions. Short for Korea Investment Partners Southeast Asia, KIPSEA has a ...

Posted on 31/10/2023

Singapore startups to get a leg up in India, Australia expansions

SINGAPORE’S tech startups that are keen to enter markets in India and Australia can now tap Enterprise Singapore’s (EnterpriseSG) new Global Innovation Alliance (GIA) nodes in Mumbai, Melbourne and ...

Posted on 31/10/2023

Singapore manufacturing, services business outlook slightly more optimistic for next 6 months

Find out more about subscription packages here. SINGAPORE’S manufacturers and services firms are slightly more positive about business conditions in the next six months, separate quarterly surveys ...

Posted on 31/10/2023

Viral video of Grab rider flying to Singapore to get chicken rice for customer is ‘fictional’

SINGAPORE — A viral TikTok video, which claimed that a Grab delivery rider had travelled from Thailand to Singapore to purchase chicken rice for a customer, has been debunked as a work of fiction. A ...

Posted on 31/10/2023

Brokers’ take: DBS upgrades OUE C-Reit to ‘buy’ after recovery beats expectations

DBS Group Research on Tuesday (Oct 31) upgraded OUE Commercial Real Estate Investment Trust (OUE C-Reit) to “buy” from “hold”. Its target price of S$0.35 remained unchanged. Read more at The Business ...

Posted on 31/10/2023

VML merger: Lessons from DBS/POSB by Robin Nayak

Not this time in the creative hotbed of adland, but the hard nose business of banking. Back then DBS had acquired Singapore’s popular savings bank POSB, an institution generations grew up with. Most ...

Posted on 31/10/2023

GIC appoints former DBS executive Jeanette Wong as board director

GIC on Thursday (Oct 31) named Jeanette Wong, a former executive at DBS, as a director of its board with effect from Nov 8, 2023. Read more at The Business Times.

Posted on 31/10/2023

Singapore’s luxury property market grinds to a halt amid massive money laundering probe

Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money-laundering scandals weighs on the market.

Posted on 31/10/2023

Singapore’s $110,000-a-Month Mansion Market Grinds to Halt

Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money laundering scandals weighs on the market.Most Read from BloombergIsrael Latest: Netanyahu Vows to Stay On; ...

Posted on 31/10/2023

Is Singapore rushing to stay ahead in digital asset hub race with spate of new licences?

prompting observations from some in the industry that Singapore is moving to stay ahead of the competition in the crypto hub race. Market players noted that the full licences and in-principle ...

Posted on 31/10/2023

Singapore shares rise at Tuesday’s open; STI up 0.6%

SINGAPORE stocks opened higher on Tuesday (Oct 31), tracking overnight gains in the US and European stock markets. The Straits Times Index (STI) headed up 0.6 per cent or 19.49 points to 3,083.78 as ...

Posted on 31/10/2023

Teenagers lured by ‘fast cash’ among 9 people to be charged with disclosing Singpass, banking details

The nine people arrested are suspected to be involved in money laundering activities linked to banking-related phishing scams.

Posted on 31/10/2023

Singapore luxury bungalow sales tumble after money laundering bust

High-end bungalow sales are set for their worst year in nearly a decade with just eight sold as of the end-September. Read more at straitstimes.com. ( read original story ...)

Posted on 31/10/2023

Singapore’s $110,000-a-Month Mansion Market Grinds to a Halt

Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money laundering scandals weighs on the market.Most Read from BloombergIsrael Latest: Netanyahu Rules Out Cease-Fire, ... ( read original story ...)

Posted on 31/10/2023

Arnault-Backed Singapore SPAC Nears Merger With Kacific, Sources Say

A Singaporean blank-check company backed by asset manager Tikehau Capital and a group of prominent European financiers is nearing an agreement on a merger with satellite internet provider Kacific ...

Posted on 31/10/2023

As Singapore’s aging population grows, businesses are courting older consumers

Singapore's silver economy is set to reach $72.4 billion in value by 2025, according to Aging Asia, a social enterprise that specializes in the business of aging.

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