The ₹4,326-crore initial public offering of Mankind Pharma Ltd, which opened for subscription on Tuesday, was subscribed 0.14 times or 14 per cent on Day 1. The issue comes at a price band of ₹1,026-1 ...
Singapore’s economic outlook uncertain, faces downside risks – central bank
Singapore's central bank on Wednesday said the city-state faces an uncertain economic outlook with downside risks as the global economy slows. The economy has slowed discernibly since the last quarter ...
Bellwether Singapore warns of uncertain global outlook
The Monetary Authority of Singapore expects growth in most regions to be below trend of even negative in coming quarters.
OCBC board keen on talks with GEH to align dividend policies: AGM
I think there could be dialogue between us and Great Eastern on dividends,” says OCBC chairman Andrew Lee at the bank's AGM.
Singapore to produce a steady pipeline of emerging tech start-ups
The Agrifood sector accounted for the largest proportion of emerging tech companies incorporated in 2022, reports SGInnovate.
Dollar, yen buoyed as US banking sector fears put safe-havens back in vogue
The U.S. dollar and the yen, both safe haven assets, were mostly steady after spiking higher overnight as renewed concerns over the U.S. banking sector and economy dented risk sentiment. The dollar ...
Singapore, Shanghai ink record 15 deals
Local companies have deepened ties with their Shanghai counterparts, with the signing of a slew of agreements across a broad swathe of sectors as bilateral trade rose.
Syfe allies with US-based investment management firm for unique offering
Monthly payouts range between 4.0% to 6% per annum. Singaporean digital wealth manager Syfe has announced Syfe Income+. Powered by US-headquartered PIMCO, Syfe utilises a distinct portfolio ...
Singapore hospitality players to expand globally in 2023 and beyond
The Ascott Limited and Frasers Hospitality aim to capitalise on demand for travel as pandemic curbs ease. Read more at straitstimes.com.
GXS Bank launches flexi loans from as low as S$200 with tenure as short as 2 months
GXS Bank has launched a flexible loan product targeted towards individuals with difficult access to credit facilities. Find out more.
Singapore stocks fall amid weak regional sentiment
The Straits Times Index (STI) fell 0.8 per cent, or 27.99 points, to 3,296.56 on Tuesday amid weak market sentiment in the region. Read more at straitstimes.com.
GXS digital bank launches flexible loans that let customers borrow as little as $200
GXS Bank, the digital lender backed by Grab and Singtel, is now offering personal loans as low as $200 to cater to what it sees are underserved segments of the population. The loan tenure or duration ...
Singapore: Inflation lost momentum in March – UOB
Senior Economist at UOB Group Alvin Liew reviews the latest inflation figures in Singapore.
MAS Directs DBS to Assess Staff and Tech Supporting Its Digital Banking Services
MAS has directed DBS to conduct an assessment of the staff, processes, and technology supporting its digital banking services.
Shanghai, Singapore Ink Record 15 Agreements as Bilateral Trade Grows
Local companies deepened ties with their Shanghai counterparts on Monday, with the signing of a slew of agreements across a broad swathe of sectors as bilateral trade rose. According to official data, ...
Former assistant finance manager jailed for embezzling S$5.1 million from company
SINGAPORE: A former assistant finance manager of an IT equipment company was sentenced to 10 years' jail on Tuesday (Apr 25) for embezzling S$5.1 million (US$3.8 million) from his firm. Singaporean Ho ...