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Posted on 26/04/2023

Singapore Shares May See Further Damage On Wednesday

The Singapore stock market on Tuesday ended the modest two-day winning streak in which it had risen more than 10 points or 0.3 ...

Posted on 26/04/2023

Standard Chartered Singapore Marathon back as World Athletics Gold Label race

THE Standard Chartered Singapore Marathon (SCSM) marks its return this year as a World Athletics Gold Label Race for the first time since the pandemic. The three-day festival, which hosts the ...

Posted on 26/04/2023

S’pore SMEs lead S-E Asia in tech spending; Asean to invest $173.6 billion in the next three years

Smaller firms in Singapore, Indonesia, Malaysia, Thailand and Vietnam are set to spend $173.6 billion on technology – a 70 per cent increase over the next three years, noted a new report. Read more at ...

Posted on 26/04/2023

Singapore stocks struggle for direction amid uncertain outlook

Mixed messages from the United States overnight gave traders here little to go on yesterday and left the local market on an even keel. Read more at straitstimes.com.

Posted on 26/04/2023

UOB to invest S$500 million to build global technology and innovation centre

UOB is to invest S$500 million to build a new global technology and innovation centre in Singapore's Punggol Digital District (PDD) ...

Posted on 26/04/2023

DBS downgrades UOB (UOVEF) to a Hold

In a report released on April 24, Lim Rui Wen from DBS downgraded UOB (UOVEF – Research Report) to a Hold, with a price target of ...

Posted on 26/04/2023

Alipay continues regional expansion strategy as speculation of IPO plans begin to resurface

Ant Group is continuing to grow its Alipay+ digital payment service across Asia, with a significant new deal integrating it into Singapore’s unified QR system, as speculation about its much-lauded IPO ...

Posted on 26/04/2023

IPO screener: Mankind Pharma subscribed 0.14 times at end of Day 1

The ₹4,326-crore initial public offering of Mankind Pharma Ltd, which opened for subscription on Tuesday, was subscribed 0.14 times or 14 per cent on Day 1. The issue comes at a price band of ₹1,026-1 ...

Posted on 26/04/2023

Singapore’s economic outlook uncertain, faces downside risks – central bank

Singapore's central bank on Wednesday said the city-state faces an uncertain economic outlook with downside risks as the global economy slows. The economy has slowed discernibly since the last quarter ...

Posted on 26/04/2023

Bellwether Singapore warns of uncertain global outlook

The Monetary Authority of Singapore expects growth in most regions to be below trend of even negative in coming quarters.

Posted on 26/04/2023

OCBC board keen on talks with GEH to align dividend policies: AGM

I think there could be dialogue between us and Great Eastern on dividends,” says OCBC chairman Andrew Lee at the bank's AGM.

Posted on 26/04/2023

Singapore to produce a steady pipeline of emerging tech start-ups

The Agrifood sector accounted for the largest proportion of emerging tech companies incorporated in 2022, reports SGInnovate.

Posted on 26/04/2023

Dollar, yen buoyed as US banking sector fears put safe-havens back in vogue

The U.S. dollar and the yen, both safe haven assets, were mostly steady after spiking higher overnight as renewed concerns over the U.S. banking sector and economy dented risk sentiment. The dollar ...

Posted on 26/04/2023

Singapore, Shanghai ink record 15 deals

Local companies have deepened ties with their Shanghai counterparts, with the signing of a slew of agreements across a broad swathe of sectors as bilateral trade rose.

Posted on 26/04/2023

Syfe allies with US-based investment management firm for unique offering

Monthly payouts range between 4.0% to 6% per annum. Singaporean digital wealth manager Syfe has announced Syfe Income+. Powered by US-headquartered PIMCO, Syfe utilises a distinct portfolio ...

Posted on 26/04/2023

Singapore hospitality players to expand globally in 2023 and beyond

The Ascott Limited and Frasers Hospitality aim to capitalise on demand for travel as pandemic curbs ease. Read more at straitstimes.com.

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