Singapore’s support package to help companies and workers affected by the period of heightened alert is expected to cost 1.2 billion SGD (900 million USD), with the amount covered through the ... ( read original story ...)
Singapore: The recovery of the manufacturing sector looks healthy – UOB
Economist at UOB Group Barnabas Gan comments on the recently published Manufacturing PMI in Singapore. Key Quotes “Singapore’s manufacturing Purchasing Managers’ Index (PMI) ... ( read original story ...)
Stock Market Live Updates: Sensex opens 30 points up, Nifty nears 15,850; Force Motors climbs 5%, Bajaj Hind 4%
Domestic equity benchmarks look set to open on a muted note amid lack of direction cues, as Wall Street remained closed overnight on the account of Independence Day. Asian markets were mixed while the ... ( read original story ...)
How this remittance startup is shaping up for its IPO
Here’s how remittance startup Nium is going about it. That’s a lot of Xs: Nium has brought down its negative earnings before interest and taxes (EBIT) in 2020 by 73x to just US$353,000 from the US$25. ( read original story ...)
Krafton’s downsized IPO spurred by South Korean regulator worries
South Korean game developer Krafton surged to prominence on the back of its wildly popular international hit PlayerUnknown's Battlegrounds (PUBG). The product, a pioneer of "battle royale" games, ... ( read original story ...)
Zomato IPO expected soon. Here’s what you need to know
Zomato founder and CEO Deepinder Goyal told employees last year that the company was planning launch an IPO in the first half of 2021. ( read original story ...)
Jobs created for local PMEs outstrip rise in EPs in finance, infocomm: Tan See Leng
SINGAPORE - From 2005 to last year, the finance and infocomm sectors accounted for 40 per cent of the increase in Employment Passes (EPs) handed out to foreign professionals. But these two sectors saw ... ( read original story ...)
CG Power allots over 1.38cr shares worth Rs101cr to Standard Chartered Bank (Singapore)
CG Power and Industrial Solutions Limited’s Finance Committee of the Board of Directors on Monday allotted over 1.38cr equity shares of the company at a price of Rs73.10 per equity share, aggregating ... ( read original story ...)
DBS Bank CEO shares outlook for post-pandemic economic recovery
South East Asia's largest bank, DBS has been at the forefront of Singapore's digitalization drive, which saw accelerated growth last year due to the COVID-19 pandemic. CGTN's Miro Lu sat down with its ... ( read original story ...)
Nothing in CECA implies Singapore must unconditionally let in PMEs from India: Ong Ye Kung
SINGAPORE: There is “nothing” in the Comprehensive Economic Cooperation Agreement (CECA) that implies Singapore must let in professionals, ... ( read original story ...)
Fidelity, BlackRock lead Pine Labs’ $600 million funding ahead of IPO
The funding from Fidelity and BlackRock pegs Pine Labs' valuation at $3 billion, CEO Amrish Rau says, adding that the fintech startup targets a US IPO within the next 18 months. ( read original story ...)
OCBC Cycle Virtual Ride sees near-30 per cent jump in participants
More than 6,100 cyclists participated in the second edition of the OCBC Cycle Virtual Ride, nearly 30 per cent more than last year's inaugural event. ( read original story ...)
Zomato IPO likely to hit market on July 19
At the upper end of the price band, the company will be valued at $7.6 billion (Rs 56,240 crore), more than Amazon backed British food delivery firm Deliveroo or Nasdaq-listed Grubhub. The latter two ... ( read original story ...)
3 takeaways from Singapore’s Finance Minister Lawrence Wong’s parliamentary speech
In addition to affirming the financial support for SMEs, Minister Wong shared that COVID-19 restrictions may be eased further from 12 July, allowing larger groups of five people to dine together. ( read original story ...)
All You Need To Know Going Into Trade On July 6
The business faces an uncertain future, despite our sincere efforts.” Adani Transmission: Promoter Adani Tradeline LLP created a pledge of 66.06 lakh shares between July 2-3. HFCL: Promoters (MN ... ( read original story ...)
No place for coal in a green finance hub
Singapore is a key facilitator of coal projects regionally, particularly in Indonesia. As impacts of climate change worsen, Singapore must go beyond encouraging green finance, to regulating ... ( read original story ...)