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Posted on 13/11/2024

Tourist shocked by $13 meal at Singapore restaurant

She noted that her order included "one potato, one tofu, four okras, two tofu skins, a small portion of chicken, and a serving of rice," adding that she could not understand why it cost so much.Indah ...

Posted on 13/11/2024

Temasek Trust invests US$50 million in HSBC-held Tekoma Energy

TEMASEK Trust agreed to invest US$50 million in an HSBC Asset Management-owned Japanese solar energy company. Read more at The Business Times.

Posted on 13/11/2024

Standard Chartered has partnered with Wise Platform to transform international payments experience

In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered has announced a partnership with Wise Platform, Wise’s global payments ...

Posted on 13/11/2024

DBS lowers TP for Acrophyte Hospitality Trust formerly known as ARA US Hospitality Trust to 25 US cents

The REIT’s 3QFY2024 results ended Sept 30 saw its revenue per available room (RevPar) coming in at US$104, less than a 1% decline y-o-y as the fall in occupancy to 72.8% was offset by the increase in ...

Posted on 13/11/2024

Singapore stocks fell as trading began on Wednesday—STI dropped 0.7%

In the broader market, 78 stocks fell compared to 43 that advanced, with 47.8 million securities valued at S$89.5 million traded ...

Posted on 13/11/2024

Forty-four IPOs and counting: Malaysia’s IPO surge reflects investor confidence in local bourse, outpacing regional markets

Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in ...

Posted on 13/11/2024

COP29: Singapore to commit US$500 million as concessional capital for climate action

THE Singapore government will commit US$500 million as concessional capital to support a blended-finance initiative launched by its central bank last year, said Sustainability and Environment Minister ...

Posted on 13/11/2024

COP29: Singapore pledges US$500m to accelerate capital flows into green projects

The dollar-for-dollar pledge contributes to the Financing Asia’s Transition Partnership (FAST-P), which was launched by the Monetary Authority of Singapore last year. The FAST-P blended finance ...

Posted on 13/11/2024

Billionaire’s Singapore Property Firm Frasers Sees Earnings Jump

Frasers Property Ltd., the developer controlled by Thai billionaire Charoen Sirivadhanabhakdi, saw full-year earnings rise, led by higher residential contributions from China and Australia. ( read original story ...)

Posted on 13/11/2024

What Are Government Land Sales (GLS) – And How They Affect Property Prices In Singapore

Programme lists Confirmed and Reserve sites, and provides information on new private property launches in Singapore. ( read original story ...)

Posted on 13/11/2024

DBS Group: Management’s Dividend Growth Plan Remains Compelling

Shares of Singapore's DBS Group have been on a strong run since my last piece, including a nice bump after Q3 results. Q3 results were strong, with record net income mapping to a strong return on ...

Posted on 13/11/2024

Singapore shares retreat at Wednesday’s open; STI down 0.7%

SINGAPORE shares began trading lower on Wednesday (Nov 13), extending global equity market declines overnight. As at 9.02 am, the Straits Times Index (STI) fell 0.7 per cent or 24.31 points to ...

Posted on 13/11/2024

Thai billionaire’s Singapore firm Frasers Property sees profit jump

Still, it has faced various setbacks in Singapore, including failed bids by consortiums it was part of for a rental pilot site and another for an alternative business district in the city’s west. Both ...

Posted on 13/11/2024

Singapore Telecommunications’ half-year net profit falls 42%

Nov 13 (Reuters) - Singapore Telecommunications (SingTel) (STEL.SI), opens new tab reported a 42% fall in its half-year profit on Wednesday, as the firm was hurt by the absense of S$1.2 billion ...

Posted on 13/11/2024

Here’s Everything That Happened at Singapore Fintech Festival 2024 in 10 Key Highlights

The ninth edition of the Fintech Festival (SFF) wrapped up on November 08, concluding a dynamic week-long of celebration of fintech that brought together tens of thousands of participants from around ... ( read original story ...)

Posted on 13/11/2024

Singapore fintech market likely to double in size

SINGAPORE: Singapore’s financial technology (fintech) market will likely double in size in the next few years as banks and fintech firms leverage each other’s unique strengths, says HSBC executive ...

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