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Posted on 16/08/2022

Singapore goes from crypto hub to crypto restructuring hub

SINGAPORE’S attractiveness as a crypto hub is now turning it into a centre for the restructuring of troubled cryptocurrency platforms, which could mean more work for corporate finance experts and ... ( read original story ...)

Posted on 16/08/2022

New casino taxes hit Genting Singapore H1 earnings

Genting Singapore said that higher utility tariffs and increased casino tax rates under a new regulatory regime meant its profit declined. ( read original story ...)

Posted on 16/08/2022

CICT seen as ‘strongest contender’ for Mercatus portfolio among local retailers: DBS

The REIT is also seen as a key proxy of the reopening play. “We estimate CICT could deliver a 6% two-year distribution per unit (DPU) compound annual growth rate (CAGR), one of the stronger growth ... ( read original story ...)

Posted on 16/08/2022

Analysts remain ‘overweight’ on Singapore banking sector due to NIM improvement

Analysts from UOB Kay Hian and PhillipCapital have kept their "buy" calls for the banks in their respective reports. ( read original story ...)

Posted on 16/08/2022

Singapore reports 2,665 new COVID-19 cases

Singapore reported 2665 new cases of COVID-19 on Monday bringing the country total tally to 1796734 Of the new cases 271 ca ... ( read original story ...)

Posted on 16/08/2022

Asia’s crypto exchange Zipmex gets a breather as Singapore Court extends moratorium to Dec 2

The court directed the exchange to convene a town hall-style meeting with its creditor and customer base within 1 month. Issues like proposed investments and access to Z Wallets among others will be ... ( read original story ...)

Posted on 15/08/2022

2023 Foreign Investment Opportunities in Singapore

Singapore has been a consistent recipient of Chinese investment for some time, and its geostrategic position as the heart of the ASEAN free trade bloc has made it a hub for many Chinese investors. ( read original story ...)

Posted on 15/08/2022

Singapore stock preview: ComfortDelGro, AEM, Yeo Hiap Seng

However, the China market continues to be impacted by economic slowdown and ... The group also conducted a restructuring exercise for its Singapore operations during this half, which resulted in a one ... ( read original story ...)

Posted on 15/08/2022

Singapore home sales jump to second-highest level this year

Singapore home sales rebounded last month to the second-highest level this year, as buyers brushed aside interest-rate and global slowdown concerns. ( read original story ...)

Posted on 15/08/2022

Survey reveals majority of Singaporeans invest in money market funds to hedge against rising inflation

Digital brokerage - Moomoo Financial Singapore Pte. Ltd. and moomoo wealth management platform ("moomoo SG"), a subsidiary of Futu Holdings Limited (Nasdaq: FUTU; "Futu"), recently concluded a survey ... ( read original story ...)

Posted on 15/08/2022

Olam remains confident of ofi IPO after a rise in Group profits

The Olam Group said it remains cautiously optimistic about its prospects for the rest of the year, despite global supply chain issues, and confirmed it still intends to go ahead with the ofi IPO – ... ( read original story ...)

Posted on 15/08/2022

China to lift Aug fuel exports but 2022 shipments to drop to 7-year lows

China's fuel product exports will rebound in August to near the highest for the year so far after Beijing issued more quotas in June and July, although broader curbs are set to cap shipments at ... ( read original story ...)

Posted on 15/08/2022

Asiaray and Hivestack Launch the First Programmatic Digital Out-of-Home (pDOOH) Campaign for Gojek along Singapore’s Latest MRT Line

Asiaray and Hivestack Launch the First Programmatic Digital Out-of-Home (pDOOH) Campaign for Gojek along Singapore's Latest MRT Line. HONG KONG, Aug. 15, 2022 /PRNewswire/ -- Asia ... ( read original story ...)

Posted on 15/08/2022

Singapore Billionaires’ Property Firms Poised For Bumper Year Amid Post-Pandemic Hotel Rebound

Real estate firms controlled by Singapore billionaires are headed for a bumper year, bolstered by a post-pandemic rebound in their hotels amid robust pent-up demand from both corporate and leisure ... ( read original story ...)

Posted on 15/08/2022

Zipmex Crypto Exchange Gets Over 3 Months Creditor Protection in Singapore: Report

Cryptocurrency exchange Zipmex has been granted creditor protection until December by Singapore's high court, according to a Bloomberg report. ( read original story ...)

Posted on 15/08/2022

Singapore High Court grants crypto exchange Zipmex 3-month creditor protection

Asia cryptocurrency exchange Zipmex was granted more than three months of protection from creditors by the Singapore High Court, giving the troubled firm breathing room to come up with a funding plan. ( read original story ...)

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