SINGAPORE’S factory output rose 1.2 per cent year on year in October, a far more modest increase compared to than the previous month’s surprise jump, data from the Economic Development Board (EDB) ...
Brokers’ take: Macquarie initiates coverage on S-Reits, favours those with industrial exposure
MACQUARIE Research started coverage on Singapore real estate investment trusts (S-Reits), with an “outperform” rating on nine out of the 11 it listed. Read more at The Business Times.
YouTrip to Raise Series C Ahead of Planned IPO, Listing Still ‘A Few Years’ Away
Caecilia Chu, who recently toured the New York Stock Exchange, is actively preparing YouTrip for an Initial Public Offering (IPO).
Singapore Businessman Faces Trial Over $1.1 Billion Nickel Scam
An ex-accountant accused of running a billion-dollar nickel scam that rocked Singapore’s business community is on trial on Tuesday on more than 100 charges related to fraud and money laundering.
Singapore urged to avoid being a test bed for small modular reactors
Energy analysts have raised concerns over Singapore's exploration of small modular reactors (SMRs) for energy diversification, citing high costs and safety risks. While SMRs promise adaptability for land-scarce regions,
Singapore stocks declined on Tuesday’s open—STI dropped 0.3%
SINGAPORE: Singapore stocks opened on Tuesday (Nov 26) following similar declines in other Asian markets after US President-elect Donald Trump announced an additional 10% tariff on Chinese goods, ...
Barclays plans to open new private bank booking centre in Singapore by 2026
Barclays said on Tuesday it planned to set up a new private banking booking centre in Singapore by 2026 to tap into the city-state's expanding pool of ultra-wealthy clients, financial institutions, ...
MAS: Banking sector’s overall exposure to India’s Adani Group is small
The Singapore banking sector's overall exposure to the Adani Group, the Indian conglomerate embroiled in bribery and fraud allegations by US authorities, is small, the Monetary Authority of Singapore ...
Barclays to add Singapore as private bank booking centre by 2026
SINGAPORE – Barclays plans to add Singapore as its second booking centre for its private bank operations in Asia Pacific, marking a full return to the wealth hub. Rich clients will be able to park ... ( read original story ...)
DBS raises target price for Parkway Life REIT to $4.80
DBS Group Research has kept its "buy" call and raised its target price for Parkway Life REIT to $4.80 from $4.50, calling the owner of hospitals and nursing homes "a rare jewel" among S-REITs offering ...
Barclays to Add Singapore as Private Bank Booking Center By 2026
Barclays Plc plans to add Singapore as its second booking center for its private bank operations in Asia Pacific, marking a full return to the wealth hub.
Singapore’s YouTrip CEO unveils route to IPO for FX digital wallet
The chief executive officer of Singapore-based foreign exchange digital wallet YouTrip was given a private tour of the venue, with bourse executives and market makers like Citadel Securities pitching ...
Singapore’s Central Bank Could Ease in January
Singapore’s softer-than-expected core inflation reading for October prompted Barclays to lower its inflation forecasts and shift its base case for MAS easing to begin in January instead of April.
Green listings are the way to go for Singapore’s capital markets
The region faces a funding crunch and S'pore can help plug the gap by becoming a hub for green listings. Read more at straitstimes.com.
SIMPPLE deploys autonomous cleaning robots on Singapore’s MRT lines
SIMPPLE, a technology provider for the facilities management sector, has deployed 89 autonomous cleaning robots across three mass rapid transit (MRT) lines in Singapore. As part o ...
Singapore Gulf Bank Eyes $50 Million Acquisition of Stablecoin Payments Company
Singapore Gulf Bank is set to acquire a stablecoin payments firm in 2025, aiming to raise $50 million by selling 10% of its equity. ( read original story ...)