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Posted on 11/09/2024

GIC, Hillhouse in talks to invest in Midea’s Hong Kong IPO, sources say

SINGAPORE sovereign wealth fund GIC and alternative asset manager Hillhouse Investment are considering investing in appliance maker Midea Group’s Hong Kong listing, sources said. Read more at The ...

Posted on 11/09/2024

Bajaj Housing Finance IPO sees Rs 3.2 lakh crore bids, GMP crosses 100%

The Rs 6,560-crore IPO has drawn a jaw-dropping Rs 3.2 lakh crore in bids, making it one of the most anticipated listings of the year. To put that in perspective, that's more than ...

Posted on 11/09/2024

S’pore professional and retail investors more active than institutional ones in crypto market: Study

It comes as cryptocurrency is gradually becoming more common as a payment method in Singapore. Read more at straitstimes.com.

Posted on 11/09/2024

Japanese Rapist Gets First-Ever Caning Sentence: 17 Years in Prison and 20 Strokes in Singapore

A Japanese man who raped a female student in Singapore has been sentenced to 17 years and 6 months in prison and 20 strokes of the cane.

Posted on 11/09/2024

Hillhouse, GIC Are Said in Talks to Invest in Midea’s Hong Kong IPO

Alternative asset manager Hillhouse Investment and Singapore sovereign wealth fund GIC Pte are considering investing in appliance maker Midea Group Co.’s Hong Kong listing, according to people ...

Posted on 11/09/2024

Man who sold wife’s Singpass details gets 18 months’ jail under stiffer sentencing guidelines

The Singpass details were used to create a bank account that funnelled S$397,995 in scam proceeds from a 76-year-old victim.

Posted on 11/09/2024

Singapore’s UOB aims to take control of the US$2 trillion trade finance market in Southeast Asia

We are already the number one trade bank in ASEAN, and I want to invest [our resources] to dominate this region,” UOB's group head said ...

Posted on 11/09/2024

Singapore to Allow Cashless Bets in Casinos, Except Crypto

Singapore will allow its two casinos to conduct cashless gaming under changes made to the Casino Control Act, but will not permit the use of cryptocurrencies, CNA reported, citing Minister of State ...

Posted on 11/09/2024

Singapore Investigating Seven People for Providing Worldcoin Services

Singapore is investigating seven "subjects" for offering services of buying or selling of Worldcoin accounts and tokens which is an offence, a written reply in parliament by the government revealed on ...

Posted on 11/09/2024

Jail for ‘glorified secretary’ who facilitated crypto Ponzi scheme that scammed victims of $1.1m

Chen Wei, 43, was sentenced to 4 years’ jail and fined $6,000 for his role in the scam. Read more at straitstimes.com.

Posted on 11/09/2024

Tata Electronics and ASMPT Forge Strategic Partnership to Bolster India’s Semiconductor Ecosystem

The state-of-the-art semiconductor fabs and assembly plants, developed with an investment of INR 1,18,000 crore, are expected to generate nearly 50,000 direct and indirect jobs, contributing ...

Posted on 11/09/2024

Singapore-Traded Grand Venture Technology Eyes Second Listing in Malaysia

Singapore-based Grand Venture Technology Ltd., which produces components for semiconductor makers and other industries, is targeting a second listing in Malaysia, according to people familiar with the ...

Posted on 11/09/2024

Singapore based publishers focussed startup by Ex-Googlers, Crackle Technologies raises USD 1.7 Mn to Revolutionize Adtech with AI-Powered Solutions

Crackle Technologies has raised a $1.7M pre-seed round to build AI based products to help publishers maximize their adtech earnings.

Posted on 11/09/2024

Investigation Underway in Singapore for Illegal Worldcoin Account Trading

Singapore is investigating unauthorized Worldcoin-related activities while the project faces global regulatory scrutiny over its data collection practices and potential misuse of user accounts.

Posted on 11/09/2024

A day in the life of an American startup founder in Singapore who juggles timezones, 8 employees, and WhatsApp chats with hundreds of customers

"I have to remind myself that with your own startup, the work never ends. So you have to create the boundaries yourself."

Posted on 11/09/2024

Pope Francis arrives in Singapore, last stop on 12-day Asia tour

Francis is only the second pope to visit the city-state, which has about 210,000 Catholics among its 5.92 million people.

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