The global expansion comes at a tricky time for the startup, which just lost its CEO amid a Taiwanese probe into subsidy compliance.
Jail for Singaporean man whose bank accounts received scam proceeds after sharing details with online women
SINGAPORE: Shortly after his wife died, a man shared details of his bank accounts with people he met online who claimed to be women, only to find out that some of the accounts were later used to ...
Jail for man whose bank accounts received scam proceeds after sharing details with online women
Christopher Moh, 66, continued to share his bank account details despite receiving two warnings from the authorities. Read more at straitstimes.com.
Lower Open Called For Singapore Stock Market
The Singapore stock market turned lower again on Tuesday, one day after ending the two-day slide in which it had slumped almost 25 ...
Food Innovators makes Catalist debut at S$0.20, 9.1% below IPO price
JAPANESE food and beverage operator Food Innovators Holdings (FIH) commenced trading under the code “KYB” on the Catalist board on Wednesday (Oct 16). Read more at The Business Times.
Singapore hits brakes on $1.7 billion Allianz deal for onetime insurance cooperative after it sparks public outcry
On Monday, Singapore’s government decided to block the deal until Allianz addressed some of its concerns, including whether Income Insurance will be able to continue its social mission.
OCBC SME Index at 50.8% in 3Q2024, extending gains for the second quarter in a row
The OCBC SME Index uses SME transactional data of over 100,000 OCBC SME customers in Singapore with annual sales turnover of up to $30 million.
Limited-edition bank card designs and merchandise are coming: OCBC and Disney announce 5-year collaboration
Apart from the upcoming Disney Adventure cruise, fans have something new to look forward to. OCBC and Disney have announced a five-year strategic collaboration across three of the bank's five core ...
S’pore shares dip, with Jardine Matheson leading losses, ahead of earnings
Losers outnumber gainers 350 to 235, with 1.7 billion securities worth $1.3 billion changing hands. Read more at straitstimes.com.
Prosecution seeks up to 66 months’ jail for man linked to loan ruse that cheated 2 banks of $1.2m
On Oct 15, Deputy Public Prosecutor Cheah Wenjie urged the court to sentence Lee to up to five years and six months’ jail, stressing that the offender had made no restitution. DPP Cheah also told ...
Vedanta Resources Signs Facility Agreement Worth $125 Million
Standard Chartered Bank Singapore Ltd. is the arranger, agent, and lender for the agreement, which aims to support Vedanta Resources' funding requirements.
From potato skins to kopi cups: Innovative students tackle food and packaging waste in Singapore
Selected as one of the five winning pitches in the second edition of the DBS Foundation X NEA Hungry for Change Challenge, their solution is slated for a pilot phase at Koufu Fusionopolis. Read more ...
Food Innovators’ IPO fully subscribed, public offer 6.3 times subscribed
In total, the private placement and public tranches have a subscription rate of 1.4 times. Read more at straitstimes.com.
GIC and BlackRock snap up Hyundai India shares in record $4.3 billion IPO
Singapore sovereign wealth fund GIC and US asset management giant BlackRock together picked up stakes worth a total of US$77.3 million, while American financial major Fidelity bought shares worth ...
Singapore’s OCBC Group CEO Helen Wong ranked as 2nd most powerful woman in Asia for 2024
She took 2nd place on this year’s Fortune Most Powerful Women Asia list, which ranks women business leaders across the Asia Pacific region ...
India’s biggest IPO off to a slow start, subscribed 0.18x on Day 1
Hyundai IPO India IPO automotive sector Hyundai Motors subscription trends retail investors anchor investors Government of Singapore ...