United Overseas Bank, or UOB, is the third-largest bank in Singapore. The lender reported a strong set of earnings for 2023 and raised its final dividend to S$0.85. 2023’s total dividend came up to ...
Grab driver with just S$16 left in his bank account passes away; Grab waives his S$1.9K outstanding fees
SINGAPORE: The passing of a Grab driver in Singapore, Mr Soh, has sparked attention and... The post Grab driver with just S$16 left in his bank account passes away; Grab waives his S$1.9K outstanding ...
Singapore Embedded Finance Business Report 2024: Market to Grow by 33.5% to Reach $2.7 Billion this Year Before Reaching $7.85 Billion by 2029
Rise of e-commerce and platform-based businesses: The growth of e-commerce platforms and other digital marketplaces creates new opportunities for embedded finance solutions. Businesses can offer ...
Malaysia dreams of start-up paradise – but Singapore is still more attractive
Start-up founders say there is a mismatch between their needs and the agendas of Malaysian government-linked seed funds Some venture capitalists say the outlook is improving for start-ups in Malaysia, ...
Growing gamut of India-Singapore relations
India and Singapore efforts and strategic planning have brought the bilateral linkages between them to a new juncture, further opening up with upswing in the ...
Asian Paints’ Singapore arm inks pact to acquire 24.3% stake in SCB
Asian Paints said that its Singapore wholly owned subsidiary, Asian Paints International (APIPL) entered into a share purchase agreement with SCIB Chemicals S.A.E., Egypt (SCIB) to acquire 24.3% stake ...
Singapore stocks rise on Tuesday; STI up 0.3%
SINGAPORE shares started Tuesday (May 28) on a stronger note, following European stocks’ overnight gains. Read more at The Business Times.
S’pore biotech start-up Mirxes refiles for Hong Kong IPO, eyes growth in China
Founded in 2014 as a spin-off from Singapore’s Agency for Science, Technology and Research (A*Star), Mirxes focuses on microRNA-based cancer detection. Its flagship product, GastroClear, is the ...
Singapore invests $37.1m for precision oncology research
Office, MOH Holdings, Pte Ltd, has invested $37.1m (S$50m) to advance precision oncology research in Singapore. The investment, under the NMRC Open Fund-Large Collaborative Grant (OF-LCG) programme, ...
Hong Kong’s stock exchange hustles for more IPOs as capital returns to the market
S'pore and Hong Kong have a part to play in the growth of the region’s wealth, the CEO of HKEX said. Read more at straitstimes.com.
Singapore Exchange Market closes marginally higher
At closing bell, the Straits Times Index (STI) index edged up 1.89 points, or 0.06% to 3,318.45 after trading between 3,308.94 and 3,324.07. Across the broader market, advancers outpaced decliners 328 ...
UOB poised to benefit from growth of SEA’s mass affluent segment
SEA’s mass affluent market grew by 36.4% between 2017 and 2022, and healthy growth is expected to continue. ASEAN nations have notably been benefiting from foreign direct investment, increasing level ...
DBS, UOB, and OCBC lead SG stocks with a $500m net institutional inflow
The trio averaged 15.6% total returns from 1 January to 23 May. DBS Group Holdings (DBS), United Overseas Bank (UOB) and Oversea-Chinese Banking Corporation (OCBC) remain the most traded stocks in ...
Haidilao operator Super Hi targets $1.38bn valuation in US IPO
S uper Hi International, operator of the Chinese hotpot restaurant chain Haidilao outside China, is targeting a valuation of $1.38bn in its initial public offering (IPO) in the US, Reuters has ...
Singapore’s Seatrium gets $8bn boost as Petrobras orders more FPSOs
Seatrium has secured fresh orders worth SGD 11bn ($8.1bn) after Brazil’s Petrobras ordered two more floating production, storage and offloading (FPSOs) at the group. Construction for the P-84 and P-85 ...
Banks, utilities top Morgan Stanley’s top stocks in Singapore
DBS, OCBC, Singtel, Sembcorp and Genting are its top picks. Defying global uncertainties, Singapore’s equity market is well-positioned to benefit from elevated interest rates with high-dividend stocks ...