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Posted on 04/11/2024

Niva Bupa’s IPO to open on Thursday, price band fixed at Rs 70-Rs 74

Niva Bupa Health Insurance Company on Monday said it has fixed the price band of Rs 70-Rs 74 per equity share of face value Rs 10 each for its maiden initial public offer (IPO).

Posted on 04/11/2024

Person jailed for accepting $300 to share bank details used in $160k money laundering scheme

His Singpass identity was subsequently used to open two bank accounts that were used to receive more than $337,000. At least $114,000 was derived from 21 scam victims in Singapore, said the police.

Posted on 04/11/2024

Woman in S’pore transfers S$290k to scammers, but manages to get back S$250k

SINGAPORE: A 77-year-old woman recovered S$250,000 ... A scammer, pretending to be a Standard Chartered Bank employee, called the victim and told her that several unauthorised transactions had been ...

Posted on 04/11/2024

MAS pushes ahead on tokenisation in financial services for commercialisation

SINGAPORE - Singapore is pushing ahead in its plans for ... In his speech, Mr Leong also said Citi, HSBC, Schroders, Standard Chartered and UOB have formed the Guardian wholesale network industry ...

Posted on 04/11/2024

Singapore stocks started the week on a high note on Monday—STI rose by 0.5%

In the broader market, 67 gainers outpaced 50 losers after 35.9 million securities valued at S$56.5 million were traded ...

Posted on 04/11/2024

Singapore’s Changi Airport Group loses appeal to have tax break for more than RM893mil spent on assets like runways

SINGAPORE (The Straits Times/ANN): Singapore's Changi Airport Group (CAG) has lost an appeal to have a tax break for S$270 million (RM893 million) spent on assets over three years. In dismissing the ...

Posted on 04/11/2024

Three Arrows Capital (3AC) Crypto Fallout: Zhu Su’s wife sells her S$51M Singapore mansion amid financial turmoil

However, the hedge fund’s fortunes plummeted in 2022 due to a series of poor investment decisions coinciding with a broader downturn in the crypto market. Since the fund’s collapse, Zhu’s situation ...

Posted on 04/11/2024

Is the Singapore stock market as bad as it’s made out to be?

The Singapore Exchange (SGX) has come under much scrutiny lately, with a high-level committee formed in August to study ways to stimulate interest in a market that is often criticised as boring, ...

Posted on 04/11/2024

White faces, open mouths: Avant-garde Japanese dance finds foothold in Singapore

Butoh, where dancers interpret prompts like “a flower” or “lava”, asks dancers to forget themselves. Read more at straitstimes.com.

Posted on 04/11/2024

Singapore digital economy hits new high, adding S$113 billion to GDP in 2023

The Singapore digital economy has surged to account for 17.7 per cent or S$113 billion of the nation’s Gross Domestic Product (GDP) in 2023.

Posted on 04/11/2024

Singapore’s SPH Media restructures tech division, lays off 34 staff members

SINGAPORE, Nov 4 – Singapore’s media giant SPH Media has today announced that it is letting go 34 employees as part of a restructuring in its technology division. The Straits Times, which is published ...

Posted on 04/11/2024

Niva Bupa Health IPO opens on Nov 7: Check GMP, dates, & other key details

The public offering comprises a fresh issue of 108,108,108 shares and an offer for sale, with the promoters Bupa Singapore Holdings and Fettle Tone offloading 189,189,189 shares with a face value of ...

Posted on 04/11/2024

Singapore Dollar Strengthens on Likely Position Adjustment Ahead of U.S. Election

The Singapore dollar strengthened against its U.S. counterpart on likely position adjustment before the U.S. presidential election on Tuesday.

Posted on 04/11/2024

Bank of Singapore and iCapital join forces

Capital and Bank of Singapore cooperate in order to provide financial intermediaries' access to insights and alternative investments. ( read original story ...)

Posted on 04/11/2024

DBS appoints Shilpa Gulrajani as head of sustainability for institutional banking

Singapore-based bank DBS appoints Shilpa Gulrajani as head of sustainability for institutional banking. The role was vacated in April after the departure of Yulanda Chung.

Posted on 04/11/2024

Maybank and DBS downgrade Aztech Global, expect 4QFY2024 to be slower than 3QFY2024

Maybank Securities analyst Jarick Seet has lowered his call on Aztech Global from “buy” to “hold” at a reduced target price of 78 cents from $1.14 previously. DBS Group Research analyst Ling Lee Keng ...

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