Temasek Holdings Chief Executive Officer Dilhan Pillay runs a $290 billion state-owned investment empire. But every quarter he spends up to two hours chatting to a man in Indonesia about fish. ( read original story ...)
Zomato slips 11% to record low as IPO lock-in ends
Shares of food delivery service provider Zomato Ltd plunged 11.4% to close at a record low of ₹47.55 on Monday, after the one-year lock-in period for investors who bought shares in the company’s ... ( read original story ...)
Demand for Singapore wealth services surges
Number of family offices established in the Lion City has skyrocketed in the last three years, from 27 in 2018 to 453 in 2021 #careyolsen #singapore #wealthmanagement ... ( read original story ...)
Genius Group Edtech arm, GeniusU, named a Singapore Top 10 Emerging Giant in KPMG Report
SINGAPORE, July 25, 2022--(BUSINESS WIRE)--GeniusU ... The group includes four pre-IPO companies (the "Pre-IPO Group"), and four companies being acquired at the time of the closing of the IPO ... ( read original story ...)
Inflation rose the most for high-income groups in Singapore during first half of 2022
The highest income groups in Singapore saw the largest increase in consumer prices in the first half of 2022, compared to households from other income groups. ( read original story ...)
SEBA Bank Plans to Raise Headcount in Singapore and Hong Kong Amid Cryptocurrency Sell-Off
According to TechChrunch, the fintech industry accounted for the largest number of layoffs as of the second quarter of 2022. ( read original story ...)
Schroders Teams up With Conservation Body to Invest in Nature-Protection Projects
LONDON (Reuters) - Asset manager Schroders has teamed up with an environmental organisation to set up a Singapore-based fund house to invest in projects that seek to halt and reverse the ... ( read original story ...)
Singapore seen to tighten Singdollar again ‘very soon’ as inflationary pressure grows
Instead of adjusting the Singdollar only, the government may have to consider other measures to contain inflation ... ( read original story ...)
Singapore’s Zipmex To Write Off $5 Million Exposure To Celsius, Bitcoin, Ethereum Fall 2%
Zipmex had a total of $5 million and $48 million exposure to Celsius and Babel Finance, respectively, and they are engaged in talks with Babel finance regarding the recovery of the same. Meanwhile the ... ( read original story ...)
DBS keeps ‘buy’ on UOB and OCBC while largely positive on Singapore banks
Lim observes that the banks’ net interest income (NII) will bolster 2QFY2022 earnings as NIM continue to expand ... ( read original story ...)
Rising mortgage rates unlikely to dampen property demand in Singapore until they climb above 3pc, say analysts
The recent bank hikes on mortgage rates are unlikely to dampen demand for both public and private properties unless the rates edge past 3 per cent, ... ( read original story ...)
The Week Ahead – Producer price index, Singapore inflation
A handful of economic data are due this week including the producer price index (PPI), leading index and coincident index. ( read original story ...)
Week In Review: WuXi Biologics And WuXi AppTec Plan $2.8 Billion Investment In Singapore Facilities
WuXi Biologics (HK; 2269) and WuXi AppTec ( OTCPK:WUXIF ) ( OTCPK:WUXAY) (SHA: 603259) announced that each company would invest $1.4 billion over ten years to build R&D and manufacturing facilities in ... ( read original story ...)
The best Singapore summer staycation and hotel credit card promotions to beat the heat
We have crossed the mid-year mark and are halfway into July. Whilst enduring this summer heat, start planning for a nice staycation to treat yourself and your friends or family. With the hotels and ... ( read original story ...)
‘It Shows The Effectiveness Of The Partnership’ – Liverpool Commercial Director On Standard Chartered Sponsorship Renewal
With Liverpool and Standard Chartered's recent announcement on the sponsorship renewal between the two parties, Reds Commercial Director Ben Latty has been expressing his delight with the deal. ( read original story ...)
ITE graduate cancels resignation after being offered overtime pay, rejects better-paying bank job but now has more work from new manager
My friend is an ITE graduate. He works as a facility executive in an SME. Salary S$1,900, no overtime pay,” shared Facebook page Complaint Singapore member John Tan on Friday (July 22). ( read original story ...)