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Posted on 09/09/2024

Bajaj Housing Finance’s $782 million IPO fully subscribed in busy week for Indian floats

Bajaj Housing Finance's $782 million public offer was fully subscribed on the first day of bidding on Monday, kicking off the busiest week for Indian IPOs so far this year as companies seek to ...

Posted on 09/09/2024

Singapore business confidence hits 2-year high, though manufacturing outlook still muted: Survey

Relatively upbeat outlook largely due to the financial, construction and transportation sectors. Read more at straitstimes.com.

Posted on 09/09/2024

Higher percentage of travellers refused entry into Singapore with automated lanes

SINGAPORE: Since automated immigration lanes were introduced for all foreigners at Changi Airport in May, a higher percentage of travellers have been refused entry into Singapore.

Posted on 09/09/2024

Singapore stocks fell on Monday—STI dropped by 0.2%

The S&P 500 dropped 1.7% to 5,408.42. The tech-heavy Nasdaq Composite Index also declined, falling 2.6% to 16,690.83 ...

Posted on 09/09/2024

Weekly Singapore Stock Market Round Up: REITs Shine, but STI Faces Pressure

The Singapore Straits Times Index (SGX: ^STI) finished the week slightly lower, mirroring the broader global market volatility. While several REITs reached new highs, concerns over the US job data and ...

Posted on 09/09/2024

Singapore proposes new law to tackle deepfakes and other digitally-faked election advertising

SINGAPORE is seeking to ban deepfakes and other false digital depictions of election candidates, under a Bill introduced in Parliament on Monday (Sep 9). Read more at The Business Times.

Posted on 09/09/2024

Calvin Ong to Lead DBS Consumer Banking in Singapore from 2025

DBS has announced that Calvin Ong will take over as Head of Consumer Banking Singapore starting from 1 January 2025.

Posted on 09/09/2024

JST Digital’s Singapore Arm Gets In-Principle Approval for Crypto Payment Services

JST Digital's Singapore subsidiary has received in-principle approval from MAS for a Major Payment Institution (MPI) licence.

Posted on 09/09/2024

Sun Cable undaunted as Indonesia cuts in on Singapore exports

Singapore granted conditional approvals for several Indonesian clean electricity export ventures, but also increased its target for imports.

Posted on 09/09/2024

Singapore business confidence hits two-year high in Q4 2024: Commercial Credit Bureau survey

LOCAL business sentiment continued on an upward trend for the fifth consecutive quarter, hitting a two-year high in the fourth quarter of 2024. Read more at The Business Times.

Posted on 09/09/2024

Singapore’s education ministry terminates contract with Mobile Guardian after cybersecurity breaches

SINGAPORE: The Ministry of Education (MOE) has terminated its contract with device management app Mobile Guardian, which suffered two major cybersecurity breaches earlier this year, a source within ...

Posted on 09/09/2024

‘Singapore washing’: China’s new back doors into western markets

Companies such as Shein, ByteDance and BYD are setting up shop in a host of non-aligned third countries, including Singapore, to get around tariffs and barriers.

Posted on 09/09/2024

Singtel Achieves Full 5G Coverage Across Singapore’s MRT Network

Singtel announced that it is the first and only network provider in Singapore to achieve full 5G coverage throughout the Mass Rapid Transit (MRT) network islandwide.

Posted on 09/09/2024

GIC-Backed Nium Pushes Back IPO Plans to Refocus on Growth

Singapore payments company Nium Pte is pushing back its plans for an initial public offering in the US by more than a year, focusing on shoring up its team and growing revenue.

Posted on 09/09/2024

From roadside stall to Malaysia’s biggest IPO in seven years: Wheelchair-bound Lee Thiam Wah is a billionaire as 99 Speedmart goes public today

The financial news site says its initial public offering of RM1.65 per share — Malaysia’s largest in seven years — will make Lee’s fortune at around US$3.3 billion (RM14 b ...

Posted on 09/09/2024

99 Speed Mart opens 12.1% higher on debut in Malaysia’s biggest IPO in seven years

Malaysia's 99 Speed Mart Retail opened higher in its stock market debut on Monday after the country's top mini-market chain retailer raised 2.36 billion ringgit ($542.8 million) in the country's ...

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