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Posted on 03/11/2024

Opening Day: Polyrizon, Gelteq debut in quiet IPO week

Polyrizon and Gelteq made their public debut on Tuesday in a quiet Halloween week for the IPO market. LATEST IPOS AND DIRECT LISTINGS: ...

Posted on 03/11/2024

Olam gets buyout offer for agri unit after IPO delay; shares jump 14%

SINGAPORE - Olam Group has received a non-binding indicative ... In May 2023, Olam said its proposed initial public offering (IPO) of Olam Agri – originally slated to be completed by the first half of ...

Posted on 03/11/2024

Singapore film about censorship barred; IMDA says it’s ‘likely to be prejudicial to national interests’

SINGAPORE (The Straits Times/ANN): A film that references a past local court case about a communist leader’s tombstone has been barred here after the authorities deemed it potentially illegal and ...

Posted on 03/11/2024

Major airport reveals new passport-free technology — you can clear security in 10 seconds

It’s been repeatedly named the best airport in the world, boasting the tallest indoor waterfall, luxurious airport lounges, rooftop bars and even a butterfly garden. And now, with its new ...

Posted on 03/11/2024

How one of the tiniest oil markets cost Singapore-based Trafigura over $1.5 billion

Trafigura alleges that staff manipulated payments while concealing a mountain of overdue debts. Read more at straitstimes.com.

Posted on 03/11/2024

Singapore app pays users ‘pocket money’ for data samples to train AI assistants

SINGAPORE – A Singapore start-up has turned to the public ... such as recording words spoken in Hokkien or saying “Bixby” – the name of Samsung’s AI assistant on its mobile devices – at different ...

Posted on 03/11/2024

Singapore passport remains world’s most powerful in latest ranking

Singapore continues to hold its title as the world's most powerful passport in the latest ranking, while Malaysia's passport has risen one place from July's version to 11th place globally.

Posted on 03/11/2024

Busy schedule for primary market as 4 big IPOs open next week amid Dalal Street slump

The IPO comprises solely an offer-for-sale of 70.2 crore equity ... and an offer-for-sale of Rs 1,400 crore by promoters Bupa Singapore Holdings Pte, and global private equity firm True North-owned ...

Posted on 03/11/2024

Six to be charged for allowing criminals to use their bank accounts

SIX individuals will be charged in court on Monday (Nov 4) for relinquishing their bank accounts, which were used by a criminal syndicate to facilitate the movement of large amounts of money. Read ...

Posted on 03/11/2024

Six to be charged with giving up bank accounts to criminal syndicate

SINGAPORE: Six people will be charged on Monday (Nov 4) with giving a criminal syndicate access to their bank accounts, which were then used to move almost S$8 million (US$6 million). The three men ...

Posted on 03/11/2024

Three Arrows Co-Founder’s Wife Sells High-Value Singapore Home

Evelyn Tao, Zhu Su’s wife, successfully sold a redeveloped luxury home in Singapore, finalizing the transaction by October 2024 amid financial scrutiny.

Posted on 03/11/2024

What’s Pushing People’s Buttons About Singapore’s Flex Culture?

When people flex with their flashy cars, shiny watches and limited edition Labubus, are they demonstrating to others how successful they are, or are these adornments a veil for deep-seated ...

Posted on 03/11/2024

IPO frenzy next week: Swiggy, Acme Solar, Sagility India, and Niva Bupa set to open. Details inside

The primary market is gearing up for a busy week, with Swiggy leading a lineup of much-anticipated IPOs. Investors will have plenty to consider as the food delivery giant opens its share sale on ...

Posted on 03/11/2024

Woman, 25, arrested after 77-year-old scam victim deposits $250,000 into her DBS account

the $250,000 deposit was immediately detected by the DBS Anti-Mule Team. The team quickly worked with the Anti-Scam Centre of the Singapore Police Fore to trace and intercept the funds. Concurrently, ...

Posted on 03/11/2024

Crypto fund founder’s wife sells mansion for S$51mil

The wife of Zhu Su, the co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital (3AC), has managed to sell a mansion she owns here for S$51mil (RM168.5mil), despite a court-imposed ...

Posted on 03/11/2024

95% of Singapore employers reject four-day work week, survey finds

A recent survey by the Singapore National Employers Federation (SNEF) revealed that 95% of employers reject the idea of a four-day work week for now, citing high costs and challenges in maintaining ...

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