Singapore Telecommunications (SingTel) said on Friday that it had secured a S$643 million ($476.16 million) green loan to finance the development of a new 58 megawatt (MW) data centre in the ...
Singtel secures $643 mil five-year green loan to finance Tuas data centre
Singapore Telecommunications’ (Singtel) regional data centre arm, Nxera DCT, has secured a $643 million five-year green loan to finance the development of a new 58MW data centre in Tuas, or DC Tuas.
DBS, OCBC, and UOB’s STI weight rises to 54.3% in 2024
The three banks drove the STI’s 23.5% total return in 2024 but were outpaced by Yangzijiang Shipbuilding. The combined weightage of DBS, OCBC, and UOB in the Straits Times Index (STI) has risen to 54.
Brazil chemical firm Unigel to go public in Singapore, media report says
SAO PAULO (Reuters) -Brazilian chemical firm Unigel will launch an initial public offering (IPO) in Singapore in the next few months, Brazilian newspaper Valor Economico reported on Thursday, citing ...
FBS Global IPO opens below pricing on NASDAQ
FBS Global Limited (NASDAQ: FBGL), a Singapore-based green building contractor, launched its initial public offering (IPO) on the NASDAQ. The shares opened at $4.26, lower than the initial pricing of ...
Singapore attracted S$13.5b in fixed asset investment commitments in 2024
Singapore attracted S$13.5 billion in fixed asset investment commitments in 2024 — S$1 billion more than in 2023. These are funds that go into building factories or buying equipment. The Economic ...
Singapore Exchange sees 6%-8% medium-term revenue growth supported by multi-asset strategy
Q2 2025 Management View CFO Daniel Koh highlighted that the group achieved its highest-ever half-year operating revenue and earnings, with group net revenue increasing 15.6% to S$646 million, and ...
HSBC’s Head of Global Banking for Asia Pacific Is Exiting Lender
HSBC Holdings Plc’s head of global banking for Asia Pacific, Christina Ma, is leaving the bank, according to people familiar with matter, as the lender restructures its business to keep a lid on costs ...
Singapore says investment commitments up in 2024, sees challenges in 2025
Singapore's Economic Development Board said geopolitical and economic uncertainties would pose challenges in 2025 as it reported on Thursday a rise in investment commitments in the city-state last ...
Budget 2025 likely to address near-term cost challenges and roll out initiatives under Forward SG: DBS
On the financial front, policymakers are working to revitalise Singapore’s local stock market. The MAS equities market review group is exploring measures to attract companies and investors.
SGX seeing ‘improved momentum’ in IPO pipeline, hopeful that listings will exceed last year’s
More companies could be listing here this year with the Singapore Exchange (SGX) seeing an improved pipeline of initial public offerings (IPOs), the bourse operator said. Read more at The Business ...
HSBC upgrades Grab to ‘buy’ on attractive valuations, growth drivers ahead
HSBC upgraded its rating on ridehailing giant Grab to a “buy” on attractive valuations and “intact” growth drivers, while Maybank maintained its buy rating. Read more at The Business Times.
Students in S’pore schools embrace switch to e-payments, welcome speed and ease of transactions
As of January, more than 230,000 students nationwide use e-payments in school canteens and bookshops. Read more at straitstimes.com.
Singapore Stock Market Due For Support On Thursday
The Singapore stock market has moved lower in three straight sessions, slipping almost 40 points or 1.1 percent along the way. The ...
Nearly 90% of Singapore banks lose clients due to onboarding delays
Singaporean banks have been experiencing the highest client losses worldwide due to Know Your Customer (KYC) inefficiencies. Nearly 90% of banking executives in Singapore report losing clients due to ...
Citi appoints Ashu Khullar as co-head of global asset managers, memo shows
Citigroup has appointed Ashu Khullar to partner with Anthony Diamandakis to serve together as co-heads of global asset managers, according to an internal memo seen by Reuters on Wednesday.