Ever Glory plans to use the $3.1 million raised from its IPO to scale its existing business. Read more at straitstimes.com.
Singapore’s Whampoa Group to set up digital bank HQ in Bahrain
Singapore's Whampoa Group, an investment firm with stakes in global tech firms, will set up the headquarters of its new digital bank in Bahrain, the Gulf state's Economic Development Board (EDB) said ...
30 from Singapore on Forbes’ 30 Under 30 Asia 2023 list
finance and venture capital; media, marketing and advertising; retail and e-commerce; enterprise technology; industry, manufacturing and energy; healthcare and science; social impact; and consumer ...
Forbes 30 under 30: 30 Singapore entries featured under Asia list
Notable Singapore names in the Forbes 30 under 30 list include Gwyneth Ang, founder of One Prawn & Co., and King of Fried Rice founder Lester Li. Who are the others?
Singapore Festival of Football brings a week of top football action in June 2023
It is football mania in Singapore this June as Singapore Festival of Football arrives to bring a week-long spectacle with various top teams.
Unexplained unauthorized takeover of company account at OCBC raises concerns over new law
Goh Chye Guan, in an open letter, recounts his shocking experience with OCBC Bank where he discovered that he was no longer the signatory of his company bank account. Despite repeated attempts to seek ...
DBS maintains ‘buy’ rating for CLINT, whose project pipeline shows ‘insatiable’ growth potential
DBS Group Research analysts Derek Tan and Dale Lai have maintained their “buy” ratings for CapitaLand India Trust (CLINT) with a lower target price of $1.45, down from $1.50 previously, citing its ...
DBS, Singtel and The Hour Glass top as SG’s strongest brands in new report
Over half of Singapore's most valuable brands are seeing double-digit percentage growth in their brand values as they settle into a post-pandemic economy. Three of such brands include DBS, Singtel, ...
How SGFinDex Drives Digital Transformation in Singapore’s Financial Sector
Discover how SGFinDex empowers consumers with a consolidated view of their finances, driving financial well-being in Singapore.
Singapore proptech Simmple downsizes proposed IPO to $7M
Singapore-based proptech Simmple (SPPL) has downsized its proposed US initial public offering to $7M from $9M. Simmple said in an SEC filing that it is now looking to offer 1.6M shares priced between ...
Asian e-tailer WeBuy upsizes proposed US IPO to $11M
Southeast Asian e-tailer WeBuy (WBUY) has updated terms for a proposed $11M US initial public offering. WeBuy said in a filing that it is now planning to offer 2.63M shares priced at $4 per share, ...
Scam target’s phone compromised after he downloaded fake ScamShield app
Police warn against downloading suspicious apps as they may contain phishing malware. Read more at straitstimes.com.
Big part of Singapore Airlines load factor comes from premium leisure travelers: DBS Group Research
Jason Sum of DBS Group Research says the return of corporate travelers, on the other hand, has been "fairly sluggish." ...
Phone compromised after scam target told to download fake ScamShield app
Responding to an advertisement selling multiple flavours of otah on Facebook, a man was told by the seller to download an app to place a deposit. He keyed in his bank details but later realised that ...
HSBC targets Asia returns in ‘mid-teens’ amid Ping An pressure
HSBC Holdings said it is targeting return on tangible equity for its Asia business that’s in the “mid-teens”, amid pressure from its top shareholder to improve returns. Read more at The Business Times ...
Singapore has the highest stamp duty rates for foreign residential property buyers
According to a study by Savills, Singapore ranks highest in the world for total stamp duty rates for a foreigner looking to buy a residential property, clocking in at about 64 per cent* of the selling ...