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Tag: finance

Posted on 18/05/2023

Singapore proptech Simpple downsizes proposed IPO to $7M

Singapore-based proptech Simpple (SPPL) has downsized its proposed US initial public offering to $7M from $9M. Simpple said in an SEC filing that it is now looking to offer 1.6M shares priced between ...

Posted on 18/05/2023

Ever Glory jumps on trading debut to 52.3% above IPO price

Ever Glory plans to use the $3.1 million raised from its IPO to scale its existing business. Read more at straitstimes.com.

Posted on 18/05/2023

Singapore’s Whampoa Group to set up digital bank HQ in Bahrain

Singapore's Whampoa Group, an investment firm with stakes in global tech firms, will set up the headquarters of its new digital bank in Bahrain, the Gulf state's Economic Development Board (EDB) said ...

Posted on 18/05/2023

30 from Singapore on Forbes’ 30 Under 30 Asia 2023 list

finance and venture capital; media, marketing and advertising; retail and e-commerce; enterprise technology; industry, manufacturing and energy; healthcare and science; social impact; and consumer ...

Posted on 18/05/2023

Forbes 30 under 30: 30 Singapore entries featured under Asia list

Notable Singapore names in the Forbes 30 under 30 list include Gwyneth Ang, founder of One Prawn & Co., and King of Fried Rice founder Lester Li. Who are the others?

Posted on 18/05/2023

Singapore Festival of Football brings a week of top football action in June 2023

It is football mania in Singapore this June as Singapore Festival of Football arrives to bring a week-long spectacle with various top teams.

Posted on 18/05/2023

Unexplained unauthorized takeover of company account at OCBC raises concerns over new law

Goh Chye Guan, in an open letter, recounts his shocking experience with OCBC Bank where he discovered that he was no longer the signatory of his company bank account. Despite repeated attempts to seek ...

Posted on 18/05/2023

DBS maintains ‘buy’ rating for CLINT, whose project pipeline shows ‘insatiable’ growth potential

DBS Group Research analysts Derek Tan and Dale Lai have maintained their “buy” ratings for CapitaLand India Trust (CLINT) with a lower target price of $1.45, down from $1.50 previously, citing its ...

Posted on 18/05/2023

DBS, Singtel and The Hour Glass top as SG’s strongest brands in new report

Over half of Singapore's most valuable brands are seeing double-digit percentage growth in their brand values as they settle into a post-pandemic economy. Three of such brands include DBS, Singtel, ...

Posted on 18/05/2023

How SGFinDex Drives Digital Transformation in Singapore’s Financial Sector

Discover how SGFinDex empowers consumers with a consolidated view of their finances, driving financial well-being in Singapore.

Posted on 18/05/2023

Singapore proptech Simmple downsizes proposed IPO to $7M

Singapore-based proptech Simmple (SPPL) has downsized its proposed US initial public offering to $7M from $9M. Simmple said in an SEC filing that it is now looking to offer 1.6M shares priced between ...

Posted on 18/05/2023

Asian e-tailer WeBuy upsizes proposed US IPO to $11M

Southeast Asian e-tailer WeBuy (WBUY) has updated terms for a proposed $11M US initial public offering. WeBuy said in a filing that it is now planning to offer 2.63M shares priced at $4 per share, ...

Posted on 18/05/2023

Scam target’s phone compromised after he downloaded fake ScamShield app

Police warn against downloading suspicious apps as they may contain phishing malware. Read more at straitstimes.com.

Posted on 18/05/2023

Big part of Singapore Airlines load factor comes from premium leisure travelers: DBS Group Research

Jason Sum of DBS Group Research says the return of corporate travelers, on the other hand, has been "fairly sluggish." ...

Posted on 17/05/2023

Phone compromised after scam target told to download fake ScamShield app

Responding to an advertisement selling multiple flavours of otah on Facebook, a man was told by the seller to download an app to place a deposit. He keyed in his bank details but later realised that ...

Posted on 17/05/2023

HSBC targets Asia returns in ‘mid-teens’ amid Ping An pressure

HSBC Holdings said it is targeting return on tangible equity for its Asia business that’s in the “mid-teens”, amid pressure from its top shareholder to improve returns. Read more at The Business Times ...

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