While OCBC remains RHB’s top pick among its peers, the research house remains “neutral” on OCBC in a Oct 16 note with a target price of $13.70, which represents a 6% upside against its last traded ...
Sheffield Green to raise S$6 million through Catalist IPO at S$0.25 a share
HUMAN resources provider Sheffield Green is seeking to raise over S$6 million through an initial public offering on the Catalist board of the Singapore Exchange. Read more at The Business Times.
UOB-Kay Hian defends independence of long-serving director who is also a substantial shareholder
UOB-Kay Hian Holdings (UOBKH) has defended its decision to continue designating Tang Wee Loke as an independent director (ID). Read more at The Business Times.
Singapore shares fall, tracking losses in regional markets; STI slips 0.7%
the impact of fear of war in the Middle East on gold investment demand outweighs the opportunity cost of holding gold, typically measured by short-term US interest rates.” Unsurprisingly, gold ...
Prismx Global Ventures Limited Shines Bright: Bags INR 120 Crore Textile Order from Singapore Amidst Impressive Stock Performance
Prismx Global Ventures’ recent achievement in securing the INR 120 crore textile order from Singapore stands as a beacon of the company’s global prominence. This substantial deal not only reaffirms ...
Geopolitical Tensions in Middle East Cast Shadow over Malaysia’s Stock Market
The reverberations of Middle Eastern geopolitical tensions echoed in the trading halls of Bursa Malaysia, the Malaysian stock exchange. Monday’s trading session ended on a somber note as the main ...
Total outstanding debt arranged by financial institutions in Singapore down 2% in 2022: MAS
The US dollar was the most favoured currency for corporate debt issuances in Singapore last year. Read more at straitstimes.com.
DBS, Citi outages caused by cooling system ‘technical issue’ at data centre
The technical issue with the chilled water system happened during a planned system upgrade at one of Equinix's data centres, raising the temperatures in some of halls and affecting operations.
Singapore’s Shophouses: A Surge in Demand Amid Exemption from Housing Regulations
In the heart of Singapore, where modern skyscrapers reach for the clouds, there lies a different kind of architectural beauty – the shophouses. These historic, multi-purpose buildings, built between ...
Sheffield Green to raise S$6 million through Catalist IPO at S$0.25 per share
HUMAN resources provider Sheffield Green is seeking to raise over S$6 million through an initial public offering on the Catalist board of the Singapore Exchange. Read more at The Business Times.
Total outstanding debt arranged by Singapore FIs down by 2% y-o-y to $512 bil in 2022
In 2022, new debt issuances by Singapore FIs also fell by 18% y-o-y to $190 billion. Amid the total number of issuances, the US dollar (USD) remained the primary currency while the Singapore dollar ...
UPDATE 1-Singapore regulator raises concern on Grab plan to buy Trans-cab
Oct 16 (Reuters) - The Competition and Consumer Commission of Singapore (CCCS) on Monday raised competition concerns about a plan by Southeast Asian ride-hailing company Grab to acquire Singapore's ...
Singapore shares fall on Monday; STI down 0.5%
SINGAPORE stocks opened weaker on Monday (Oct 16) following a global retreat last Friday as traders worried over inflation as well as the conflict between Israel and the militant group Hamas. Read ...
DBS may see reduced excess capital, reputation risk and higher opex after latest outage: Citi
Within the three banks, Tan continues to prefer Oversea-Chinese Banking Corporation (OCBC) over DBS due to its “defensive” 6.4% dividend yield, excess capital buffer and possible net interest margin ...
MUST Connect 2023 Singapore highlighted the cutting-edge innovations of Korean life science startups
Korean life science startups showcased their innovative products and solutions at MUST Connect 2023 Singapore from Oct. 11 (Wed.) to 12 (Thu.).
Singapore REITs Kick Off the Final Earning Season for 2023: 4 REITs to Watch
A combination of higher finance costs, increased utility costs and weaker regional ... is a retail cum commercial REIT with a portfolio of 21 properties in Singapore, two in Germany, and three in ...