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Posted on 18/11/2022

Singapore firm weighs $200m IPO, ending listing drought

Legend Logistics is exploring an initial public offering (IPO) in Singapore to raise as much as $200 million, according to people with knowledge of the matter, in what would be the largest IPO in the ...

Posted on 18/11/2022

Singapore state investment firm to write down $275M in FTX

Singapore's central bank earlier this week said FTX was not licensed and did not operate in the city-state. Neither was the exchange exempted from licensing, according to the Monetary Authority of ...

Posted on 18/11/2022

Man charged after he allegedly laundered monies linked to scams involving over $3.7m in losses

SINGAPORE – A man said to be linked to scams involving ... engaged in a conspiracy with several unknown individuals on or around Jan 19 to cheat Standard Chartered Bank by deceiving it into believing ...

Posted on 18/11/2022

Stock Market LIVE Updates: Sensex jumps 150 points, Nifty nears 18,400; Nykaa gains 4%, Vedanta 2%

while rising coronavirus cases in China and liquidity strains in its bond market added to uncertainty. Nifty futures on the Singapore Exchange traded 62 points, or 0.34 per cent, higher at 18,437, ...

Posted on 18/11/2022

In Singapore, prison workshop supervisor, four inmates charged with smuggling sedatives into jail

SINGAPORE, Nov 18 — A supervisor in a prison workshop was charged today (November 18) for smuggling sedatives into jail for inmates. Calvin Ang Wei Sheng, 39, who was a workshop supervisor at New Hope ...

Posted on 18/11/2022

Deep tech Singapore venture firm targets new US$200 mil fund

The Singapore-based firm, which is led by a team of mostly women, is targeting a fifth fund to add to its existing US$400 million-plus under management. “I started out investing in semiconductor ...

Posted on 18/11/2022

Singapore property investment drops 30% to USD3.7b in Q3

The total investment year-to-date is now at USD16.7b. Singapore property investment’s strong momentum of the first two quarters of 2022 slowed in Q3 according to Colliers, as market players adjusted ... ( read original story ...)

Posted on 18/11/2022

Man linked to scams involving S$3.7 million charged in Singapore after being arrested in Malaysia

Muhammad Tarmidzi Tahir has been linked to investment scams, job scams, fake friend impersonation scams and Government official impersonation scams involving more than 50 victims.

Posted on 18/11/2022

Briefs: Greening businesses and countries will take time, says Temasek CEO, NoonTalk Media to list on SGX

Follow us on Facebook and join our Telegram channel for the latest updates. Quoteworthy: "Had I been a bit more concentrated on what I was doing, I would have been able to be more thorough." — FTX ...

Posted on 18/11/2022

Photos: DBS opens doors to new, sustainability-driven 11,300 sq. ft employee café

ft of space devoted to advancing team DBS' sustainability agenda. Located in Singapore’s Marina Bay Financial Centre Tower 3, the café’s operations have a host of sustainability features, such as a ...

Posted on 18/11/2022

SGX Nifty rises 56 points: Asian markets firm; FPI buying, market outlook & more

SGX Nifty signals a positive start Nifty futures on the Singapore ... the market-wide position limit (MWPL). No new positions can be created in the derivative contracts of said security. This ...

Posted on 18/11/2022

In wake of FTX collapse, Lawrence Wong says Singapore ‘not open to crypto speculation at all’

SINGAPORE: Singapore may want to go big on the "tremendous potential" of digital assets, but it is not open to crypto speculation at all, Deputy Prime Minister Lawrence Wong said on Thursday (Nov 17).

Posted on 18/11/2022

Singapore’s Temasek writes down its $275 million investment in collapsed FTX, calling its belief in founder Sam Bankman-Fried ‘misplaced’

Temasek said the write-down of its FTX investment will occur irrespective of the outcome of the crypto company's bankruptcy filing.

Posted on 18/11/2022

Singapore’s state-owned Temasek writes down entire US$275 million investment in FTX as fallout from collapsed crypto firm spreads

Temasek’s action reflects how major investors were caught off guard by FTX’s collapse and how they are now moving to distance themselves from the failed cryptocurrency exchange.

Posted on 18/11/2022

Douglas Todd: Singapore has impressive housing success. Can we?

Singapore’s politicians also curb speculation by local investors. A year ago they slapped a 17 per cent tax on citizens who buy a second property and 25 per cent tax on their third property. They do ... ( read original story ...)

Posted on 17/11/2022

These 4 Singapore Stocks Surged 7% or More Last Week: Is it Time to Jump on the Bandwagon?

A share price jump could indicate investor optimism regarding positive business developments. The post These 4 Singapore Stocks Surged 7% or More Last Week: Is it Time to Jump on the Bandwagon?

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