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Posted on 16/08/2024

Sea returns to black in 2QFY2024, OCBC keeps ‘buy’ at raised FV of US$90

While Sea returned to the black in its 2QFY2024, OCBC's Lim notes that its EPS of 14 US cents came in below estimates.

Posted on 16/08/2024

Crypto Miner Bitdeer Plans $150M Public Offering for Data Center Expansion

Bitdeer Technologies Group has revealed plans to raise $150 million through a public offering of convertible notes set to mature in 2029.

Posted on 16/08/2024

Singapore’s key exports jump 15.7% in July, reversing previous month’s slide

SINGAPORE: Singapore's non-oil domestic exports (NODX) rose by 15.7 per cent in July, reversing the revised 8.8 per cent contraction in June. Both electronics and non-electronics grew, according to ...

Posted on 16/08/2024

Max Maeder and DBS CEO Piyush Gupta banter over Olympic Village muffins, role models and exercise routines

After his historic performance at the Marseille Marina, Olympic Bronze medalist Maximilian 'Max' Maeder returned to Singapore to much fanfare. From the moment he landed at Changi Airport to the ...

Posted on 16/08/2024

Singapore stocks rise as market sentiment improves; STI up 1.1%

SINGAPORE – Local shares and those across the region rallied ... Singtel was at the bottom of the STI table, shedding 1.3 per cent to $2.98. THE BUSINESS TIMES Join ST's Telegram channel and get the ...

Posted on 16/08/2024

Slim Google Pixel 9 Pro Fold offers new foldable option in Singapore

Slimmer than rival Samsung, the Google Pixel 9 Pro Fold comes with AI smarts and a triple-camera array to offer a new option to buyers.

Posted on 16/08/2024

I bought a one-way ticket to Singapore and tried to put roots down. Now, I’m saying goodbye to years of being an expat and going home to be an English girl in England.

She loved being an expat, so she bought a one-way ticket to Singapore. But dating hurdles and missing family and friends made her move back home.

Posted on 16/08/2024

Singapore Lifestyle Firm Seeks $50 Million Private Loan for Luxury Indonesian Resort

Singapore-based lifestyle and hospitality investment company Rascal Ventures Pte. is seeking around $50 million of private credit to expedite the completion and opening of its luxury resort in ...

Posted on 16/08/2024

Johor-Singapore SEZ to spur investments from mainland China, Taiwan, UOB says

UOB’s managing director believes investors will want to take advantage of tax incentives offered within the special economic zone.

Posted on 16/08/2024

StarHub finance chief Dennis Chia resigns, GoTo’s Jacky Lo to take over

Dennis Chia has resigned from his position just over nine years into the role, citing “personal reasons”. Read more at straitstimes.com.

Posted on 16/08/2024

The Beginner’s Guide to Singapore Treasury Bills for Individual Investors 2024: What are T-bills and How to Apply

Thinking about where to park your hard-earned cash in Singapore? You’re looking in the right place. Living in one of the world’s most expensive cities isn’t easy on the wallet.... The post The ...

Posted on 16/08/2024

UOB to move back and middle-office operations to KL to maintain 40% cost-to-income ratio and 14% ROE by 2026

SINGAPORE: UOB is moving some of its back and middle-office functions to Kuala Lumpur (KL),... The post UOB to move back and middle-office operations to KL to maintain 40% cost-to-income ratio and 14% ...

Posted on 16/08/2024

Singapore stocks open higher on Friday—STI climbed by 1%

SINGAPORE: Singapore stocks open higher on Friday, Aug 16, after non-domestic exports exceeded expectations. July’s exports saw a surprising 15.7% increase, boosting market confidence. The Straits ...

Posted on 16/08/2024

Singapore tech pioneer Lim Kia Hong dies at 67

Over 4 decades, he grew SIS Technologies into professionally managed and publicly traded regional businesses. Read more at straitstimes.com.

Posted on 16/08/2024

Singaporean victims lose $36M in online investment scams

Singapore's police have reported that victims lost at least US$36 million in less than two months to conmen touting investment scams on chat groups and social media platforms.

Posted on 16/08/2024

Tencent-Backed Airwallex Reaches $500 Million in Sales, Eyes IPO Readiness

Airwallex, a payments startup backed by Tencent, has reached a significant milestone with an annual revenue run rate of $500 million. CEO and co-founder Jack Zhang revealed the company’s aim to become ...

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