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Tag: finance

Posted on 25/08/2023

Mamaearth In Talks To Raise About $150 Mn in Pre-IPO Round From SoftBank, QIA, Others

Mamaearth has held preliminary discussions with the likes of SoftBank, Singapore's GIC, QIA, and Fidelity Investments for the funding round ...

Posted on 25/08/2023

Singapore stocks buck regional trends to end week higher; STI up 0.3% on Friday

Local shares bucked regional trends and rose a tad on Friday to close out a meandering week in positive territory. Read more at straitstimes.com.

Posted on 25/08/2023

Barclays banks on Singapore wealth flows, sees opportunity in global market volatility

SINGAPORE - Money is to be made in a volatile market, British bank Barclays’ Singapore chief Alexander Harrison will tell you. Read more at straitstimes.com.

Posted on 25/08/2023

Singapore’s DBS Bank Launches ‘DBS BetterWorld’ Metaverse Experience in The Sandbox, Aims To Tackle Food Waste

The largest bank in Singapore, DBS Bank, has developed a novel metaverse experience within The Sandbox that will be made available to the general public by the end of the year.

Posted on 25/08/2023

OCBC and UOB: SGX Banking Shares for Steady Dividend Income

SGX-listed Oversea-Chinese Banking Corp. Ltd. (SG:O39) and United Overseas Bank Ltd. (SG:U11) are popular among investors for their steady ...

Posted on 25/08/2023

Singapore services receipts growth slows for 4th straight quarter to 3.9% in Q2

SINGAPORE’S services industries recorded a 3.9 per cent year-on-year rise in business receipts in Q2, easing from the revised 7.7 per cent growth in the preceding quarter, data from the Department of ...

Posted on 25/08/2023

Singapore joins green bond rush with RM9.77bil offering

The issuer earlier announced details of the sale on the website of the Monetary Authority of Singapore, or MAS, which acted as a government agent in the sale. The offering underscores a rush by ...

Posted on 25/08/2023

DBS plants flag in metaverse through new adventure game

The first iteration of BetterWorld will allow users here to earn in-game rewards that can be redeemed via QR codes. Read more at straitstimes.com.

Posted on 25/08/2023

Why did the suspects in Singapore’s new billion-dollar money laundering case have so many passports?

The 10 foreigners Singapore police arrested last week in a massive anti-money laundering operation were citizens of countries including China, Vanuatu, Cyprus, Türkiye and Cambodia. But it's since ...

Posted on 25/08/2023

HSBC hires Evercore’s Alex Hong to lead Singapore dealmaking coverage

HSBC Holdings has hired Alex Hong from Evercore to lead the bank’s dealmaking efforts in Singapore. Read more at The Business Times.

Posted on 24/08/2023

D2C brand Mamaearth in talks for up to $150M pre-IPO round: Report

Mamaearth has held preliminary discussions with SoftBank, Singapore's GIC, Qatar Investment Authority (QIA), and Fidelity Investments.

Posted on 24/08/2023

Companies should review due-diligence practices in light of billion-dollar money-laundering case

SEVERAL companies have already been named in connection with the 10 foreigners rounded up in Singapore’s high-profile, S$1 billion money-laundering case. The number is set to increase. Read more at ...

Posted on 24/08/2023

Singapore stocks extend gains, tracking regional markets, STI up 0.2%

Regional investors took the hint: Hong Kong’s Hang Seng advanced 2.1 per cent, the Nikkei 225 in Tokyo rose 0.9 per cent, the Kospi in Seoul climbed 1.3 per cent and Australian shares rose 0.5 per ...

Posted on 24/08/2023

Singapore: Inflation receded further in July – UOB

Senior Economist at UOB Group Alvin Liew reviews the latest release of inflation figures in Singapore.

Posted on 24/08/2023

HSBC Hires Evercore’s Hong to Lead Singapore Dealmaking Coverage

(Bloomberg) -- HSBC Holdings Plc has hired Alex Hong from Evercore Inc. to lead the bank’s dealmaking efforts in Singapore. Most Read from Bloomberg Wagner Chief Prigozhin Listed Aboard Crashed Jet, ...

Posted on 24/08/2023

Singapore boosts green bond sale to as much as $2.8 bil

The city-state — which boosted the size from an earlier target of at least $1.8 billion — plans to raise as much as $2.75 billion.

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