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Tag: finance

Posted on 18/03/2023

Joko hopes for Singapore investments in Indonesia’s new capital

“The relationship between Singapore and Indonesia is very good and must be continued and improved in the future. “We hope investments in Nusantara can become the focus.” The 2,561sq km project, about ...

Posted on 18/03/2023

Indonesia calls for Singapore’s investment in new capital

Indonesian President Joko Widodo brought home letters of intent from investors interested in the new capital of Nusantara after his trip to Singapore on March 16.

Posted on 17/03/2023

Singapore stocks climb on Friday to end volatile week

SINGAPORE – Robust gains on Wall Street overnight and a ... across the broader market after 2.3 billion shares worth $1.9 billion were traded. CapitaLand Investment was the top STI gainer, rising 2.6 ...

Posted on 17/03/2023

Jokowi makes renewed Nusantara pitch to Singapore

President Joko “Jokowi” Widodo pitched his ambitious Nusantara capital city project to Singapore Prime Minister Lee Hsien Loong at their annual retreat on Thursday, generating interest but little else ...

Posted on 17/03/2023

Stock Market Live: SGX Nifty indicates gap up start for Sensex and Nifty 50

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open higher tracing global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading 107 points or ...

Posted on 17/03/2023

UOB and MZH: Which SGX Share Has a High Price Target?

Nanofilm, on the other hand, has a Hold rating and a lower target price than the current level. UOB Share Price Target Based in Singapore, UOB’s banking services are focused mainly on Asian markets.

Posted on 17/03/2023

China’s DCP Capital Aims to Sell Singapore Tech Firm MFS for at Least $550 Million – Sources

DCP raised $2.5 billion in its maiden fund in 2019, focusing on China investments. (Reporting by Kane Wu in Hong Kong and Yantoultra Ngui in Singapore; Additional reporting by Julie Zhu in Hong Kong; ...

Posted on 17/03/2023

Singapore Shares Tipped To Bounce Higher On Friday

(RTTNews) - The Singapore stock market moved lower again on Thursday, one session after ending the five-day losing streak in which it had stumbled more than 115 points or 3.5 percent. The Straits ...

Posted on 17/03/2023

Singapore bank stocks hit by Credit Suisse crisis

SINGAPORE: Local bank stocks slumped when the market opened yesterday morning amid fears of wider financial contagion globally from the crisis engulfing Switzerland’s second-biggest bank and a string ...

Posted on 17/03/2023

Indonesia’s Harita Group Aims To Raise Nearly $1 Billion In Nickel Unit IPO

Harita Group is selling shares in its nickel unit Trimegah Bangun Persada in a large initial public offering that could make the net worth of billionaire owner Lim Hariyanto Wijaya Sarwono soar.

Posted on 17/03/2023

SINGAPORE: Financial Institution Guidance to Enhance Vigilance Over Money Laundering and Terrorism Financing

The Monetary Authority of Singapore (“MAS”), Singapore’s central bank and financial regulatory authority, is, amongst many other things, responsible for the development of Singapore as an ...

Posted on 17/03/2023

Singapore Users Can Enjoy Local Bank Transfers At No Cost

Singapore: Singapore cryptocurrency users can now enjoy local bank transfers free of cost. Cryptocurrency exchange Coinbase enables customers to move funds to and from accounts through local banks.

Posted on 17/03/2023

HSBC Taiwan wins five Wealth Magazine awards

Photo courtesy of HSBC Bank Taiwan Ltd By 2030, the proportion of Taiwanese adults with wealth of at least US$1 million would reach 10.2 percent, the fourth-highest in Asia, after only Singapore, ...

Posted on 16/03/2023

Singapore property tech company 99 Group raises fresh $11m

JAKARTA -- Property technology company 99 Group, which owns and operates multiple real estate portals in Singapore and Indonesia, has raised $11 million in a Series C round extension from Gaw Capital ...

Posted on 16/03/2023

Singapore stocks slip 0.5% as Asian markets tumble

Singapore’s three local banks reflected those concerns: DBS, OCBC and UOB all closed the day in negative territory, falling between 0.7 per cent and 1.3 per cent. The bottom three STI performers for ...

Posted on 16/03/2023

Singapore pledges support for Indonesia’s new US$34 billion capital Nusantara

"There has been much progress that we have gained since our meeting in Bintan in January 2022. Singapore's investment in Indonesia has increased by more than 40 per cent and our trade volume has ...

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