Singapore sovereign wealth fund GIC on Wednesday (Jul 27) reported a slight dip in returns for the last fiscal year and warned of a rapidly shifting investment landscape marked by “profound ... ( read original story ...)
Singapore allows ex-Sri Lankan President Gotabaya Rajapaksa to extend stay by 14 more days
Rajapaksa, 73, arrived in Singapore on July 14 on a 'private visit' from the Maldives after he fled his country to escape a popular uprising against his government's economic mismanagement. He first ... ( read original story ...)
Rising Rates to Cushion Impact on Asia Banks From Slowing Economies
But analysts warn that rising credit impairments and weak financial markets could weigh on banks' performance as the macro environment deteriorates. Singapore banks are expected to report 10 basis ... ( read original story ...)
F1 night race 2022: Singapore GP ‘confident’ turnout will match second-highest of 268,000 in 2019
The organiser of the Formula One (F1) night race is optimistic that the attendance here this year will be similar to the strong turnout in 2019 of at least 268,000 fans. That was the second-highest ... ( read original story ...)
GIC increases investments in inflation-resilient assets as 20-year annualised real return dips to 4.2%
Singapore sovereign wealth fund GIC says its diversified portfolio and cautious investment stance have helped to cushion its performance from the market correction that occurred in early 2022. ( read original story ...)
Decision to stop coal financing was among toughest of my tenure at DBS: CEO Piyush Gupta
SINGAPORE - Defunding coal was one of the toughest decisions that DBS chief executive Piyush Gupta has had to make during his tenure leading South-east Asia's largest bank by assets. Speaking at the ... ( read original story ...)
DBS CEO Gupta Ponders If Bankers Should ‘Play God’ Around ESG
The head of Southeast Asia’s biggest bank asked whether the finance industry should “play God” when it comes to balancing action on climate change with more immediate social and economic needs in the ... ( read original story ...)
Singapore’s GIC Says 60/40 Portfolio Starting to Restore Value
The traditional 60/40 portfolio -- alleged by some investors to be dead -- is regaining some of its luster as bonds start to offer more value, according to Singapore’s sovereign wealth fund GIC Pte. ( read original story ...)
Are these 3 Singapore Blue Chip Stocks Undervalued?
Could these three blue-chip companies be undervalued? We take a closer look. The post Are these 3 Singapore Blue Chip Stocks Undervalued? appeared first on The Smart Investor. ( read original story ...)
Republic Power Group Starts U.S. IPO Effort
Republic Power Group Limited has filed to raise expansion capital in a U.S. IPO. Read more about Republic Power stock's IPO here. ( read original story ...)
Eng’s wanton mee founder’s daughters win trademark dispute, rival’s challenge dismissed
Follow us on Telegram for the latest updates: https://t.me/mothershipsg The Eng's wanton mee drama continues, this time with a victory for the daughters of the founder, Ng Ba Eng. In the latest twist ... ( read original story ...)
Singapore’s FOMO Pay partners with Ripple for XRP-based treasury payments
FOMO Pay will partner with Ripple, the San Francisco-based blockchain payments company, to utilize its XRP-based tool that enables instant low cost settlement without the need to hold pre-funded ... ( read original story ...)
Khaw Boon Wan one of six S’pore Colombo Plan scholars given keys to Newcastle for promoting Aussie city
Mr Khaw is among 6 alumni of the University of Newcastle who were inducted as ambassadors of the harbour city. Read more at straitstimes.com. ( read original story ...)
Elon Musk and Tesla in Singapore: 8 things you may not know
Tesla's CEO Elon Musk is in the news over an alleged affair with the wife of Google's co-founder. But did you know Musk and Tesla have been making waves in Singapore for a while? ( read original story ...)
Singapore looks to drive green fintech development with Google Cloud partnership
Point Carbon Zero Programme will shortlist 100 fintech applications that address climate finance challenges, which then will be developed and tested on Google's open source cloud platform. ( read original story ...)
Temasek’s US$290 billion fund helping make tiny Singapore an agricultural powerhouse
Temasek Holdings Chief Executive Officer Dilhan Pillay runs a US$290 billion state-owned investment empire. But every quarter he spends up to two hours chatting to a man in Indonesia about fish. ( read original story ...)