SINGAPORE] Bursa-listed Hong Leong Bank (HLB) – a subsidiary of Malaysian tycoon Quek Leng Chan’s Hong Leong Financial Group (HLFG) – on Monday (May 26) announced it has formed a strategic alliance ...
Centurion seen as small-cap ‘jewel’ amid demand for dormitory spaces, potential Reit listing
SINGAPORE] With demand for foreign workers continuing to outpace the supply of dormitory spaces, Centurion Corporation is ramping up capacity and exploring asset monetisation, making it a small-cap ... ( read original story ...)
Frasers Property’s bid to privatise Frasers Hospitality Trust does nothing for the property group’s minorities
Frasers Property needs a capital efficient plan to hold Frasers Hospitality Trust's assets Read more at The Business Times. ( read original story ...)
Indonesia to Begin Reducing Fuel Imports from Singapore ‘Soon’
Indonesia intends to shift its fuel imports from Singapore to the Middle East, Energy Minister Bahlil Lahadalia says.
Singapore chipmakers unfazed by tariff threat, see AI and talent hunt as bigger challenges
The industry has so far successfully weathered intensifying trade tensions and technology competition. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore Oceanarium, formerly known as SEA Aquarium, to open on Jul 23
The new attraction in Sentosa is three times larger, with 22 zones that promise an immersive experience for visitors.
Singapore’s factory output growth slows to 5.9% in April as tariffs cloud trade outlook
Still, April’s output growth easily topped the 2.5 per cent increase forecast by analysts in a Bloomberg poll. Read more at straitstimes.com. Read more at straitstimes.com.
Global team unveils 5G satellite tech to boost remote connectivity
Researchers demo 5G satellite tech enabling mobile connectivity in remote areas, a way for future 6G networks combining satellite and terrestrial systems, news, space ...
Singapore’s factory output growth slows to 5.9% in April but far exceeds estimates
SINGAPORE] The Republic’s manufacturing output gained 5.9 per cent year on year in April, slipping from the previous month’s upwardly revised 6.8 per cent growth. Still, the latest print more than ...
Groww files confidential DRHP with SEBI to launch IPO, targets $7-8 billion Valuation
Sources have indicated that Groww is likely to opt for a conservative IPO valuation ranging between $7-8 billion, factoring in current market sentiment and volatility.
Groww IPO: Stock broking firm files DRHP via confidential filing route for up to $1 billion public issue
The company has filed for an IPO valued between USD 700 million to USD 1 billion via a confidential pre-filing route. The funds will support technology and business expansion. The firm has seen rapid ...
Groww files confidential IPO papers with SEBI
Moneycontrol had exclusively reported on May 15 that Groww was set to file confidentially for an IPO with SEBI within two weeks, and was simultaneously raising $150 million from Singapore-based GIC as ...
Singapore’s ComfortDelGro will bid for Melbourne’s rail line as it takes its public transport model global
Ten to 14 years ago we were not even in the position to bid for this contract,” ComforDelGro CEO Cheng Siak Kian said in an interview with Fortune.
More than $650,000 lost in Singapore to fake friend scams since April
At least 187 cases of this nature have been reported since April, the police said. Read more at straitstimes.com. Read more at straitstimes.com.
Citi appoints Thakker head of corporate bank for South and Southeast Asia, memo shows
Citigroup has appointed Prashant Thakker head of the corporate bank for South- and Southeast Asia, according to an internal memo. The appointment as head of Asia South Corporate Bank is effective ...
‘Rich and naive’: why Singapore is engulfed in a ‘scamdemic’
City-state residents who are digitally native and naturally compliant with authority are especially vulnerable to fraud ...