After the finalisation of share allotment, the company will start the process of refunds on June 24 and credit shares to eligible investors' demat accounts around June 25. The shares of Shyam Metalics ... ( read original story ...)
DBS completes Singapore’s first USD SOFR-linked export financing transaction
DBS has completed Singapore's first export financing transaction referencing the US dollar (USD) Secured Overnight Financing Rate (SOFR) with food and agri-business, Bunge, the bank announced on ... ( read original story ...)
Singapore’s Millionaires Count Expected to Surge 62% by 2025
Singapore’s count of millionaires could increase by more than 60% over the five years from 2020 to 2025, according to Credit Suisse Group AG, part of a surge in millionaires expected in Asia as ... ( read original story ...)
MyRepublic targets enterprise, cybersecurity markets in Singapore
Singapore internet services provider says it sees significant growth potential in the enterprise space and plans to ramp up its service offerings for this customer sector to include cybersecurity. ( read original story ...)
US semiconductor giant GlobalFoundries puts $4b into Singapore expansion
Caulfield said GlobalFoundries, which makes semiconductors for mobile phones and the automotive industry, has prioritized its automotive customers, given the sector’s economic impact on manufacturing. ( read original story ...)
Next bubble likely to be Singapore…
But there is nothing impeding us getting on with the job of putting systems in place that will enable such a bubble to emerge between Singapore and Australia.” Cabinet minister Peter Dutton hopes the ... ( read original story ...)
Barclays raids JPMorgan for new SE Asia banking head
Barclays has hired Ee-Ching Tay as head of South-east Asia banking, responsible for further growing the regional franchise with an emphasis on driving MA advisory and financing. Tay joins Barclays ... ( read original story ...)
GlobalFoundries moves forward with new chip fab – in Singapore
MALTA - GlobalFoundries is moving forward with a new computer chip factory - only it's not being built in Saratoga County as some might expect. Instead, the company said they would spend $4 billion on ... ( read original story ...)
Sunway announces stock trading suspension pending announcement, amid talks that Singapore’s GIC is finalising a deal to buy stake in its medical centre
Sunway Bhd announced in a bourse filing today that trading in its securities will be suspended from 9am tomorrow (Wednesday, June 23), pending an announcement from the group. Its structured warrants ... ( read original story ...)
Singapore software startup Azentio acquires Indian insurtech platform
The deal marks Azentio’s first acquisition as an independent company after it bought 3i Infotech’s software business in 2020. ( read original story ...)
Singapore agrees to zoning arrangement to allow for safe trade from Canada in the event of an African swine fever outbreak
CNW/ - Today, the Honourable Marie-Claude Bibeau, Minister of Agriculture and Agri-Food announced that the Canadian ... ( read original story ...)
GlobalFoundries Invests $4 Billion In New Singapore Semiconductor Fab
The new facility will be targeting more specialized processes for fast-growing end-markets like 5G, automotive, and power semiconductors. ( read original story ...)
Singlife’s Head of Consumer Business on Driving an Enlarged Mobile-First Model for Aviva Singlife
Chen joined Singlife from Aviva Singapore in 2019 to take the reins as General Manager of Consumer Business. With this merger she will be the Chief Digital Officer for the combined company. In this ... ( read original story ...)
Singapore woman receives 30-year prison term for death of Myanmar maid
A Singaporean woman who beat and burned her housemaid from Myanmar with a clothing iron before choking her to death was sentenced to 30 years in prison. ( read original story ...)
Singapore shares dip as regional markets ride Wall Street gains
ST Engineering is STI's top gainer while Venture Corp falls 2.8 per cent to come in last.. Read more at straitstimes.com. ( read original story ...)
Mubadala’s GF breaks ground on new $4 billion fab in Singapore
Mubadala-owned GlobalFoundries (GF), the global leader in feature-rich semiconductor manufacturing, on Tuesday announced it is expanding its global manufacturing footprint with the construction ... ( read original story ...)