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Posted on 17/10/2024

42% of Singapore respondents will only start planning for retirement within five years of their planned retirement date

A survey by Sun Life Singapore also found that 16% of Singapore retirees have not planned their retirement expenses.

Posted on 17/10/2024

Singapore’s Endowus platform brings commission-free investments to Hong Kong, using AI and wealthtech

Hong Kong head Steffanie Yuen worked at Ant Group and Value Partners before meeting Endowus founders Gregory Van and Samuel Rhee.

Posted on 17/10/2024

Export growth lifts investor sentiment, sending STI up 1%

Losers outnumber gainers 296 to 278, after 1.5 billion securities worth $1.2 billion changed hands. Read more at straitstimes.com.

Posted on 17/10/2024

Singapore never got to see its own spac frenzy

In 2021 alone, the US witnessed 610 spac IPOs, raising US$160.75 billion ($210.42 billion). This surge was driven by various factors, including favourable market conditions, enthusiasm for high-growth ...

Posted on 17/10/2024

Singapore’s market regulator lifts ban on brokerage UOB Kay Hian

Singapore's market regulator on Thursday lifted a ban on UOB Kay Hian Private Ltd after nearly two years, according to a statement by the regulator.

Posted on 17/10/2024

FLCT to acquire Singapore logistics property for $140.3 mil

The purchase consideration represents a discount of 2.5% from the appraised value of the property at $143.8 million. ( read original story ...)

Posted on 17/10/2024

Boustead Singapore secures $156 mil green loan from UOB for redevelopment of its logistics warehouse

The property is the first building in the industrial real estate sector to attain both the Green Mark Platinum Super Low Energy awarded by the Building & Construction Authority.

Posted on 17/10/2024

StarHub emerges as DBS’s telco pick; telco expected to benefit from lower transformation costs

The telco has previously indicated that it expects to incur about 90% of its transformation costs of $270 million in FY2024. The remaining 10% will be expensed in FY2025. As such, Mittal has projected ...

Posted on 17/10/2024

Chainalysis: APAC Emerges as Crypto Adoption Hotspot

Chainalysis report reveals APAC as a global crypto adoption leader, with India, Indonesia, and Vietnam driving growth. Institutional activity surges ...

Posted on 17/10/2024

‘Quant’ Producer Goldfinch Expands to Asia With Singapore Office

U.K.-based entertainment financier Goldfinch is set to open a Singapore office by the end of 2024, marking its expansion into the Asian market.

Posted on 17/10/2024

Food Innovators Holdings debuts on Singapore Exchange

Japanese restaurant operator and consulting firm Food Innovators Holdings (FIH) debuted on 16 October 2024 on the second section of the Singapore Exchange, aiming to widen its business in Southeast Asian markets.

Posted on 17/10/2024

Chick-fil-A is cooking up a $75 million plan for chicken domination in Asia — starting with Singapore

Chick-fil-A has announced plans for a restaurant in Asia, set to open in Singapore in late 2025. In a press release on Thursday, the fast-food chain announced that the restaurant's opening is part of ...

Posted on 17/10/2024

Singapore’s key exports grow for third month but 2.7% rise in September misses forecast

SINGAPORE - Singapore’s key exports expanded year on year for a third straight month in September but at slower pace, according to figures released by Enterprise Singapore on Oct 17. Non-oil domestic ...

Posted on 17/10/2024

Family feud reignites over Singapore ex-PM’s historic home

A bungalow where Singapore's early leaders spent long hours laying the country's foundations is under the spotlight as a bitter feud rages between former prime minister Lee Kuan Yew's children. The ... ( read original story ...)

Posted on 17/10/2024

Crypto funding drops 20% in Q3 due to ‘barbell market’ — Galaxy Digital

Crypto venture capital funding fell 20% to $2.4 billion over the third quarter, driven by a “barbell market” where Bitcoin and high-risk memecoins led, leaving mid-tier projects seeking funding ...

Posted on 17/10/2024

MPs in Singapore raise questions over communication, business uncertainty in move to block Allianz-Income deal

SINGAPORE: The information-sharing process between different agencies was among the key issues raised as MPs debated the move to halt German insurer Allianz’s planned offer for Singapore’s Income ...

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