PROFESSIONAL services company Deloitte has a list of features it would like to see in Budget 2023, and on this list released on Wednesday (Jan 18) are a re-evaluation of Singapore’s tax incentive ...
UOB Kay Hian initiates Prime US REIT at ‘buy’ with TP of 78 US cents
UOB Kay Hian analyst Jonathan Koh has initiated coverage on Prime US REIT with a “buy” call and a target price of 78 US cents ($1.03). At its current share price levels, the REIT’s valuations are ...
Time to increase exposure to ‘attractive’ S-REITs: DBS
With the possible end to the US rate hikes in the 1Q2023, now may be a good time to accumulate S-REITs, say the analysts at DBS.
DBS maintains ‘hold’ on APAC Realty with proposed Vietnam expansion
APAC Realty is expanding its footprint in Vietnam, a "long-term positive" move that aims to fill the gap from muted growth here.
Market LIVE Updates: Sensex and Nifty 50 likely to start higher as indicated by SGX Nifty
Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open higher on Wednesday amid largely positive cues from global markets. Singapore Exchange Nifty futures, an early indicator of the ...
Olam Agri Singapore-Saudi dual listing could raise $1bln -sources
Singapore state investor Temasek Holdings owns 51% in Olam and Japanese trading house Mitsubishi Corp (8058.T) owns 14.4%. The sources with direct knowledge of the IPO told Reuters it could raise ...
Emergence of ‘finfluencers’ helps raise awareness about finance, but licensed advisors question knowledge, partiality of some
One of their followers is Mr Abraham Kang, who owns a finance consultancy business and is also a financial advisor licensed by the Monetary Authority of Singapore (MAS). “The Weeblings also ...
Singapore offering five-year visa program to attract wealthy foreigners
Singapore's new five-year visa program officially came into effect this month as the city state seeks to woo wealthy foreigners and bolster post-pandemic economic recovery.
Weekout (Jan 23): Light to Night Festival, UOB Art Gallery, Disney On Ice, Revolver, The Macallan
Themed “Here and Now”, the event calls for reflection of one’s time and environment and draws attention to art as a platform to document and respond to one’s lived experie ...
Fremont solar energy business Nextracker to test its $3B valuation in an IPO
The last major IPO by a Bay Area-based tech company was by Credo Technology Inc., a San Jose-based data infrastructure business that raised $200 million in January 2022.
Temasek-backed data centre operator explores over US$1 billion IPO, sources say
"As with many businesses of our size and scale, we are constantly exploring all options to optimize our capital structure" ...
Top two ranked golf players Lydia Ko & Nelly Korda head field for 2023 HSBC Women’s World Championship
They held the No. 1 ranking during 2022 and will be looking for a strong start in 2023 to hold or reclaim their position at the top of the Rolex Women’s World Golf Rankings, with only 0.49 points ...
Singapore jails former CFO for 20 years for defrauding over a dozen banks
Lim Beng Kim duped 16 financial institutions into granting at least US$586.5 million to Agritrade and its units.
Singapore jails former CFO 20 years for defrauding over dozen banks; caused RM2.1bil in losses
Lim Beng Kim, a former chief financial officer of commodities firm Agritrade International Pte, was sentenced to 20 years jail in Singapore for defrauding over a dozen banks and causing almost US$500 ...
Can Singapore stay a safe haven this year?
With the Lunar New Year now approaching, analysts are busy forecasting what the rest of the year will be like for stocks.
Singapore stocks slide in line with most Asian bourses
SINGAPORE - Singapore shares slid in line with the declines recorded at most Asian bourses on Tuesday (Jan 17), amid reports of the Republic’s December exports having plunged by their steepest level ...