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; ...
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 ...
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 ...
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.
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 ...
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.
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, ...
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 ...
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 ...
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 ...
UPDATE 1-Singapore, Indonesia to build renewable energy industry in Batam
Singapore and Indonesia plan to develop a renewable energy industry in Batam that will produce equipment and build power plants to supply electricity into Southeast Asia's biggest economy and for ...
DBS, Heritas Capital Raises Over US$20 Million for First Close of Asia Impact First Fund
DBS and Heritas Capital announced the first close of the Asia Impact First Fund (AIFF) with over US$20 million raised.
ThaiBev Exploring Options for Spirits Unit Including IPO, Sources Say
Thai Beverage Pcl is exploring options for its spirits business including an initial public offering in Singapore, according to people with knowledge of the matter. The firm controlled by Thailand’s ...
Singapore bank stocks hit by Credit Suisse crisis, US bank failures
SINGAPORE – Local bank stocks slumped when the market opened on Thursday morning, following a plunge in the shares of Switzerland’s second-biggest bank and fears of wider financial contagion globally ...
Asia stocks slide, safety shines as bank fears spread; Singapore index falls 0.8%
SINGAPORE - Asian stocks tumbled on Thursday, and investors bought gold, bonds and the US dollar as fears of a banking crisis was reignited by fresh troubles at Credit Suisse, leaving markets on edge ...
Let’s not draw the wrong lessons from Singapore’s grand success
Its attribution to authoritarian development would mistake correlation for causation but rule-of-law might be a major factor ...