After acquiring Kidzania Singapore for just S$110,000 or around RM380,000, Singapore-based theme park operator Sim Leisure Group Ltd (SLG) said state sovereign fund Khazanah Nasional Bhd was never ...
Traveloka launches pilot climate action checkout for Singapore consumers in partnership with South Pole
Traveloka users in Singapore will be able to purchase carbon credits and contribute to global climate action when booking flights on the platform. The revenue generated will be invested in wastewater ...
OCBC ups stake in insurance arm Great Eastern to 88.4%
The move came despite Great Eastern being a drag on the bank’s performance in recent quarters. Read more at straitstimes.com.
How have Singapore IPOs been performing?
We take a look at the stock prices of recent high-profile Singapore-linked IPOs. They are Grab, PropertyGuru, Nio, Ohmyhome, and GoTo.
Singapore SMEs encouraged to implement flexible work arrangements
Smaller companies may face some challenges when it comes to implementing flexible work measures. Read more at straitstimes.com.
Singapore Airlines trounces Hong Kong’s Cathay Pacific in battle for the skies
THE fortunes of Singapore Airlines and Cathay Pacific Airways, the flagship airlines of two of Asia’s most important financial hubs, differed during the pandemic and continue to diverge in its ...
Copper miner Amman Mineral raised $715 mln in Indonesia’s biggest IPO this year – sources
Indonesian copper miner Amman Mineral Internasional raised 10.73 trillion rupiah ($715.81 million) in the country's biggest initial public offering (IPO) this year, according to a source with direct ...
PE firm TPG exits Shriram Finance; sells entire stake for Rs 1,390 crore
TPG India Investments II Inc — offloaded the shares of non-banking financial company Shriram Finance Ltd in 18 tranches.
Some Silicon Valley Bank Customers Still Owe Loan Payments Despite Losing Their Deposits, Report Says
Asia-based clients of Silicon Valley Bank were not protected by the U.S. banking regulator's deposit protection after the bank collapsed in March—meaning those ...
OCBC Investment Research initiates ‘buy’ on Keppel Infrastructure Trust with target price of 60.5 cents
In analyst Ada Lim's view, acquisitions remain a key growth driver for the trust, which it is well supported to do so.
Cautious trading for Singapore stocks as global outlook remains clouded
Losers outnumbered gainers 298 to 225, after 1.3 billion securities worth $905.9 million changed hands. Read more at straitstimes.com.
Two Thai firms to light up South-east Asia’s IPO market with listings worth $3.3 billion
Both IPOs would solidify South-east Asia’s current status as a global IPO hot spot. Read more at straitstimes.com.
Singapore reports job slowdown: How this will affect Indians residing there
Singapore's total employment has expanded at a slower rate and job vacancies have shrunk for the fourth straight quarter. This is bad news for Indian professionals in Singapore, whose numbers have alm ...
Credit Suisse’s Singapore Private Bankers Moving to UBS Offices
Credit Suisse private bankers in Singapore will move to UBS Group AG’s flagship offices near a prime shopping district in the city-state as the merger of the two banks begins in earnest, according to ...
Asian high-net-worth families show more urgency to start legacy planning after Covid-19 pandemic
Wealthy patriarchs and matriarchs increasingly want expert help with holistic wealth management plans, including detailed wills and life insurance policies to avoid future disputes.
UOB, police prevented over 900 people from losing about $5.19m through scams
SINGAPORE - More than 900 people targeted by scammers were alerted to stop cash transfers totalling about $5.19 million in a one-month operation by the police and UOB. From May 15 to June 14, the ...