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Posted on 02/08/2024

How Singapore became a data center hub despite its small size, expensive energy, and hot climate

Singapore is a tropical city-state with barely a quarter the land mass of Rhode Island. It may be the worst place on the planet to build data centers: land is scarce, energy is expensive, and the ...

Posted on 02/08/2024

Investing in Gold Bars & Using a Singapore Safe Deposit Box for Security

Financial markets keep up and down and many investors are looking to save and increase their money to gold bars.

Posted on 02/08/2024

OCBC Q2 profit up 14% at $1.94 billion, says on track to meet 2024 targets

SINGAPORE - Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday (Aug 2) a stronger-than-expected 14 per cent year-on-year jump in second quarter net profit and said ...

Posted on 02/08/2024

OCBC’s ‘stable’ NPL ‘eased some concerns’ about S’pore banks’ CRE exposure: Citi

Compared to the two other major Singapore banks, OCBC’s exposure in Hong Kong office CRE is the highest, at 2% of its total loan book compared to DBS’s 0.6% and United Overseas Bank U11 -0.19% ’s (UOB ...

Posted on 02/08/2024

How Singapore become a data center hub despite its small size, expensive energy, and hot climate

Singapore is a tropical city-state with barely a quarter the land mass of Rhode Island. It may be the worst place on the planet to build data centers: land is scarce, energy is ex ...

Posted on 02/08/2024

$900m to beef up bus services is much-needed investment so let’s make most of it

New enhancement programme marks biggest injection of funds into public buses in a decade. Read more at straitstimes.com.

Posted on 02/08/2024

Ola Electric IPO subscribed 16% so far on first day of bidding process. Check GMP and other details

Ola Electric's IPO saw 16% subscription in the initial two hours, driven by retail investors. With a fresh issue of Rs 5,500 crore, founder Bhavish Aggarwal will sell 37.9 million shares. Analysts are ...

Posted on 02/08/2024

Afcom Holdings IPO Day 1: Issue subscribed 2 times so far; Latest GMP, subscription status, other key details of SME IPO

Afcom Holdings IPO price band is set at ₹102 to ₹108 per share and at the upper end of the price band, the company plans to raise ₹73.83 crore from the book-built issue.

Posted on 02/08/2024

OCBC Q2 profit up 14% to $1.94 billion, dividend of 44 cents declared

SINGAPORE – OCBC Bank’s earnings climbed in the second quarter on the back of strong growth in fee, trading and insurance income, as well as a decline in allowances. Net profit for the second quarter ...

Posted on 02/08/2024

HashKey OTC Secures Major Payment Institution License from Singapore’s MAS

HashKey OTC announced Friday that it received a Major Payment Institution (MPI) license from Singapore's regulatory authority.

Posted on 02/08/2024

Hong Kong crypto group’s trading arm gets S’pore digital asset licence

HashKey Technology Services will be able to beef up its crypto trading offerings with the full licence. Read more at straitstimes.com.

Posted on 02/08/2024

MAS sets up review group to boost the development of Singapore’s stock market

New listings on the Singapore Exchange (SGX) have been dwindling, and there has been a steady stream of delistings over the years.

Posted on 02/08/2024

Singapore’s monetary authority sets up review group in bid to revive its equities market

The group will focus on addressing market challenges, fostering listings, and facilitating market revitalization, as well as enhancing regulations to facilitate market growth and foster investor ...

Posted on 02/08/2024

Singapore’s unemployment rates fall in June: ministry

Singapore's unemployment rate fell to 2.8% by June, according to labor market data issued last week.

Posted on 02/08/2024

Indian in Singapore sentenced to 14 week’s jail for multiple crimes

Indian-origin human rights lawyer of Singapore M Ravi has been sentenced to 14 weeks' jail and charged SGD 5,500 ($4,120) fine for a series.

Posted on 02/08/2024

WeRide Merges Into Crowded Field Of Autonomous Driving IPOs

That said, the WeRide IPO is notable for its very star-studded cast ... It has autonomous driving permits for its fleet of robotaxis in China, Singapore, the United Arab Emirates and the U.S., and ...

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