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Tag: finance

Posted on 23/04/2023

IPO market shows signs of life even as recession fears persist

The global market for initial public offerings is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia. But ...

Posted on 23/04/2023

Northern Ireland has the potential to be Singapore-style investment hub, says Silicon Valley CEO Sarah Friar

Northern Ireland has the potential to become a Singapore-style international investment hub, a Silicon Valley tech chief executive has predicted.

Posted on 23/04/2023

Shanghai and Singapore initiating new collaboration in new era

Singapore and Shanghai have been reaffirming strong comprehensive business ties over the years, with a sector in point being financial services and innovation. To deepen diplomatic relations and ...

Posted on 23/04/2023

Maid runs away after borrowing money from loan shark; employer later discovers $20k missing from bank account

One woman in Singapore was shocked to discover that the family's maid had borrowed $10,000 from loansharks. Not only that, they later found out that $20,000 had been stolen from their mother's bank ...

Posted on 22/04/2023

U Power shares soar after biggest US IPO this year

U Power shares skyrocketed amid more than 20 halts for volatility as the Chinese electric vehicle (EV) startup debuted on a US exchange on Thursday.

Posted on 22/04/2023

Less than 1% of private home transactions in Singapore use 99-to-1 arrangement: Finance Ministry | Video

From 2018 to 2021, about 0.5 per cent of private residential properties transacted involved “99-to-1” or similar arrangements, and action will be taken against both buyers and property agents, said ...

Posted on 22/04/2023

How DBS CEO Piyush Gupta, burnt in 2001 dot-com bubble burst, came back with new mindset

PERSPECTIVE: In a chapter of a new book, CEO of DBS Group Piyush Gupta shares his personal struggles with mental wellness after he left a senior position at Citibank to start a business, only to have ...

Posted on 22/04/2023

Mirxes applies for Singapore mega IPO, but HK beckons with possibly higher valuation

HOME-GROWN cancer diagnostics company Mirxes has made its first submission of documents to the Singapore Exchange (SGX) for an initial public offering (IPO) that could raise between US$100 million and ...

Posted on 22/04/2023

U Power soars 620% in biggest US IPO this year

U Power shares skyrocketed amid more than 20 halts for volatility as the Chinese electric vehicle (EV) startup debuted on a US exchange on Thursday.

Posted on 21/04/2023

Fixed deposit interest rates dip in Singapore amid uncertain economic outlook

SINGAPORE: Fixed deposit interest rates in Singapore have dipped in recent months, down from highs of about 4 per cent at the start of the year. The lower interest rates at Singapore ...

Posted on 21/04/2023

Chongqing, Singapore boost cross-border investment

The event kicked off in Chongqing and Singapore both online and offline. In recent years, the event has yielded deals of $30.21 billion in the financial services sector and 74 innovative policies for ...

Posted on 21/04/2023

Singapore’s success hinges on staying open and relevant to the world: DPM Heng

He urged Singaporeans to think about what special role they can play to stay relevant to the world. Read more at straitstimes.com.

Posted on 21/04/2023

Singapore, China to deepen ties for green and transition financing

Newly-formed Green Finance Taskforce will also encourage greater collaboration between the public and private sectors. Read more at straitstimes.com.

Posted on 21/04/2023

OCBC SME Index turned contractionary for first time in eight quarters

The OCBC SME Index (SMEI) turned contractionary for the first time in 1Q2023 ended March 2023, after eight consecutive quarters of expansion, but is expected to ease slightly in 2Q2023. The index was ...

Posted on 21/04/2023

‘I was so consumed by work’: DBS CEO Piyush Gupta reflects on career failures, gives tips on navigating setbacks

Work-life balance can be a real conundrum for many - especially for those who are at the starting point of their careers.For Piyush Gupta, the chief executive of DBS Group, giving up his interests to ...

Posted on 21/04/2023

Singapore: UOB to Build Tech and Innovation Center in Punggol Digital District

UOB will reportedly invest more than S$500 million "to build its new global technology and innovation center in JTC’s Punggol Digital District (PDD)." ...

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