Singapore led Southeast Asia in private capital investment last year, with US$3.7 billion secured, comprising 41.1% of the region’s private equity deal value in 2023, a new report has found.
Mexican-themed fast food chain Guzman y Gomez will seek an IPO
One of the most highly anticipated and hotly speculated sharemarket floats in years will finally happen after Mexican-themed fast-food chain Guzman y Gomez pushed the button on a $2.2bn IPO to help ...
Man behind global malware network objects to extradition to US after arrest in S’pore
The Singapore Police Force had earlier indicated that Washington has made an extradition request for Wang after his arrest. The US has an extradition treaty with Singapore. His lawyer Ng Yuan Siang, ...
Billion-dollar money laundering case: Woman gets 15 months’ jail, forfeits S$154 million in seized assets
These assets were worth almost S$170.6 million. Some of assets include: Thirteen bank accounts - from Citibank Singapore, DBS Bank, Industrial and Commercial Bank of China, and RHB Bank. These ...
ST Explains: Why is S’pore investing $700m in quantum computing?
The move would extend the influence of the little red dot in developments such as the discovery of new drugs. Read more at straitstimes.com.
CapitaLand India Trust secures S$200 million sustainability-linked loan from International Finance Corporation
Increases CLINT's sustainable finance to 79% of its loans, demonstrating its commitment to Net ZeroSingapore - May 30, 2024 — (L-R) ...
Singapore expands scope of guidelines on fair dealing
Singapore’s central bank has updated its guidelines on fair dealing, expanding its scope to apply to all financial institutions (FIs) and all the products and services offered to customers. The update ...
How Banks Can Leverage Transactional Data for Unparalleled Customer Engagement
How banks can leverage vast transactional data to drive customer engagement, increase customer lifetime value, and amplify business impact.
Brief: SEA stock exchanges need to play larger role to move region’s PE market; OCBC to invest HK$1.5 bil in facilities
In other news, Singapore will invest close to $300 million in quantum tech, to add 300MW in data centre capacity.
The HSBC Rain Vortex, Changi Airport, Singapore
Singapore Changi Airport has been awarded the title of the best airport in the world several times. In 2023 alone, it was named as the number one airport by Condé Nast Traveller Magazine, SKYTRAX, ...
China national arrested in Singapore for creating malware that allowed criminals to steal billions
Dozens of his assets and properties may be seized, the DOJ said. They include a Singapore-registered 2022 Ferrari F8 Spider, bank accounts with CIMB Bank, Citibank Singapore and banks in Thailand, a ...
Temasek and MOPE-backed Molbio Diagnostics kickstarts IPO prep, aims Rs 22,000-24,000 cr valuation
Singapore investment major Temasek and Motilal Oswal Private Equity (MOPE)-backed diagnostics chain Molbio Diagnostics has kickstarted work to launch an initial public offer in FY25 and raise around ...
Chinese national arrested in S’pore for creating malware that allowed criminals to steal billions
Properties subject to seizure include a Singapore condo unit and a Singapore-registered Ferrari. Read more at straitstimes.com.
Bank of Singapore establishes Investment Advisory Council
Bank of Singapore has formed an independent investment advisory council to supplement the bank's Chief Investment Office's (CIO) research skills and provide pertinent knowledge to its clients. The ...
Singapore contributes $17.7m to WHO’s inaugural investment round
The Ministry of Health emphasises prioritising health emergency preparedness. Singapore has announced its grant of $17.7m (S$24m) to the World Health Organisation’s (WHO) newly launched investment ...
Singapore’s largest bank DBS holds $650 million in ETH: repor
Singapore’s DBS bank holds over 173.7k ETH worth $650 million. Blockchain analytics plaform Nansen identified a whale wallet with the ETH as belonging to the bank. DBS, Singapore’s largest bank that ...