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Tag: finance

Posted on 21/04/2025

S’pore stocks rise; OCBC jumps after chairman justifies $1.4b takeover offer for Great Eastern

Shares of Temasek-backed Olam, CapitaLand Investment also rose. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 20/04/2025

Beware of online scams misrepresenting endorsements by Singapore politicians: Police

PM Lawrence Wong and Workers' Party chief Pritam Singh have had their images used in these scams. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 19/04/2025

PhonePe becomes public entity, targets $15 billion valuation ahead of IPO

PhonePe's transition to a public limited company marks a significant step towards its IPO, targeting a $15 billion valuation with strategic advisors on board.

Posted on 19/04/2025

What Happens To Your Investments In Singapore When You Pass Away?

In Singapore, if someone passes away without a valid will, they are considered to have died intestate, which means dying without a valid will. In this instance, their assets will be distributed ...

Posted on 19/04/2025

IPO-Bound PhonePe Converts Into Public Entity

The startup got the approval of its members at an extraordinary general meeting held on April 16 to change its name to PhonePe Limited ...

Posted on 19/04/2025

The Singapore company that turned paying bills into a billion-dollar business

With 640 AXS kiosks still in operation across Singapore, group CEO Jeffrey Goh tells CNA why the machines still matter – and how the company is evolving for the future.

Posted on 19/04/2025

Vin’s Holdings IPO shares fully subscribed; first SGX Catalist IPO of 2025

The company raised $6 mil for 30 cents per placement share in its IPO, and will use about $3.2 mil for enhancement of IT and services, and expansion of showrooms.

Posted on 19/04/2025

Singapore Cuts Growth Expectations Amidst Tariffs

Singapore has been a strong economy for the past few decades, surviving storms like COVID quite well. This is due to their strong investment in finance and technology companies, helping the countries ...

Posted on 18/04/2025

S’pore man returns S$2,250 cash he found in UOB ATM tray, urges people to be more careful

After the man pressed the cancel option, the ATM's tray opened with S$2,250 cash inside. Speaking to Mothership, the man, surnamed Au, shared that he reached the ATM at around 6pm on Apr. 9. His first ...

Posted on 18/04/2025

DBS CEO Tan Su Shan sees ‘silver linings’ for Asia amid trade upheaval

SINGAPORE] US President Donald Trump’s “reciprocal tariffs” may signal the end of an era of free trade and a rules-based global economy, but Asia’s business leaders can still seize new opportunities ...

Posted on 18/04/2025

‘Tailor-made for crime’: Singapore’s Shanmugam warns US tariffs could spark job losses, social unrest in Singapore

The imposition of broad US tariffs risks undermining global security by disrupting international norms and forcing countries to prioritise self-reliance, Singapore’s Home Affairs Minister K. Shanmugam ...

Posted on 18/04/2025

Singapore Stocks Tipped To Open In The Green

(RTTNews) - The Singapore stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had added almost a dozen points or 0.3 percent. The Straits ...

Posted on 18/04/2025

Singapore PM on relations with big powers, US tariffs and the future of the greenback

SINGAPORE: Singapore's foreign policy approach is to have many best friends, including the US, China and Europe, and the city state does not want a world where it can have only one friend, said Prime ...

Posted on 17/04/2025

OCBC Centre is ‘anchor’ for the bank; no plans to sell heritage site: board chairman

SINGAPORE] OCBC has no plans to sell its properties in Singapore’s central business district – and this includes the OCBC Centre, which has heritage value for the lender, said board chairman Andrew ...

Posted on 17/04/2025

‘Fallacy’ to say OCBC does not know insurance business: board chairman

SINGAPORE] It will be a fallacy to say that OCBC does not know the insurance business, given that its insurance arm, Great Eastern Holdings (GEH), has been associated with the banking group for the ...

Posted on 17/04/2025

Ageing population drives demand for wellness services in Singapore

SINGAPORE: With around one in four Singaporeans expected to be aged 65 and above by 2030, there is increasing demand for wellness services and offerings. Developers and investors are seeking to ...

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