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Posted on 15/10/2024

Singapore to invest $107m for Active Ageing Centre infrastructure upgrades

The funding will support over 100 existing AACs. Singapore’s Ministry of Health will invest $107m (S$140m) from FY2025 to FY2027 to enhance and expand Active Ageing Centres (AACs) across the country, ...

Posted on 15/10/2024

Singapore still attractive investment location, drew $5.4 billion in first-half commitments: Gan Kim Yong

The minister was responding to a question about MNCs relocating, downsizing, or retrenching workers in Singapore. Read more at straitstimes.com.

Posted on 15/10/2024

Minimum 15% tax on multinational enterprises will sustain Singapore’s edge: Indranee

CHANGES to Singapore’s tax regime will help to sustain the Republic’s economic competitiveness and provide better support to companies and individuals, while ensuring it stays aligned with ...

Posted on 15/10/2024

Indranee Rajah on Bills to sustain Singapore’s economic competitiveness

Bill and Multinational Enterprise (Minimum Tax) Bill will sustain Singapore’s economic competitiveness and provide better support to businesses and individuals, said Second Minister for Finance ...

Posted on 15/10/2024

GIC, BlackRock snap up Hyundai India shares in record $4.3 billion IPO

Singapore sovereign wealth fund GIC and US asset management giant BlackRock together picked up stakes worth a total of US$77.3 million, while American financial major Fidelity bought shares worth ...

Posted on 15/10/2024

Singapore to block Allianz deal for Income but open to new offer, PM says

Singapore will block a bid by German insurer Allianz to buy a majority stake in Singapore's Income Insurance but remains open to a new deal if its concerns can be addressed, Prime Minister Lawrence ...

Posted on 15/10/2024

Singapore Paincare to invest $1.5 mil in digital transformation to scale healthcare operations

The transformation is set to include the implementation of artificial intelligence (AI), Internet of Medical Things (IoMT), and big data analytics in its clinics nationwide.

Posted on 15/10/2024

Is Bitcoin still the best crypto bet vs. the “Wild West” of altcoins?

With altcoins likened to more speculative bets, investors face tough choices in a rapidly evolving crypto world.

Posted on 15/10/2024

Singapore’s Economy Grows 4.1% in Q3: A Positive Outlook Amid Global Challenges

Singapores Economic Growth Surpasses Expectations in Q3 2024 Singapores economy demonstrated impressive resilience, growing by 4.1% year-on-year in the third quarter of 2024, according to preliminary ...

Posted on 15/10/2024

IPO-bound Hyundai Motor India raises Rs 8,315 cr from anchor investors

Hyundai Motor India (HMIL) on Monday raised Rs 8,315 crore from anchor investors, setting the stage for the country’s biggest-ever maiden share sale. The Indian arm of the South Korean car maker ...

Posted on 15/10/2024

Hyundai IPO opens tomorrow: Hyundai Motor India raises Rs 8,315 cr from 225 anchor investor

The auto major will be selling off its 17.5% stake through the IPO of Hyundai Motor India Limited (HMIL), which will open on Tuesday.

Posted on 15/10/2024

Hyundai raises Rs 8,315 crore ahead of IPO

Of the total anchor investments, 34.4% or 14.6 million shares were allotted to 21 domestic mutual funds through a total of 83 schemes.

Posted on 15/10/2024

Hyundai Motor India raises ₹8,315 crore from 225 Anchor Investors ahead of IPO

The ₹27,870 crore Hyundai Motor India IPO, India's largest in history, will open for subscription on Tuesday, October 15 and will close on Thursday, October 17.

Posted on 15/10/2024

Hyundai’s Historic IPO: Driving into a New Chapter

Hyundai Motor India Ltd is set to make a historic IPO debut, raising Rs 8,315 crore from anchor investors ahead of its public offering. The IPO, the largest in India, is an offer-for-sale by Hyundai ...

Posted on 15/10/2024

Singapore to nominate Rena Lee for election as judge of the International Court of Justice

This is the first time a Singaporean has been nominated for election as an International Court of Justice judge.

Posted on 15/10/2024

Hyundai IPO: Carmaker garners ₹8,315 crore from anchor investors ahead of public issue

The Indian subsidiary of South Korean automaker Hyundai Motor Company (HMC) allocated 42.4 million shares to 225 funds at ₹1,960 per share, the upper limit of its price range.

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