The duo last April announced a potential merger following decades of speculation about a tie-up of Singapore’s two offshore and marine giants which, on 27 October, was replaced by a simpler plan for ...
Tie-up of Singapore’s offshore and marine giants one step closer
Singapore’s Sembcorp Marine has moved one step closer to acquiring compatriot Keppel Offshore & Marine, having on Friday received approval in-principle from the nation’s stock exchange (SGX-ST). The ...
Top Stock Market Highlights of the Week: Frasers Property Limited, Frasers Centrepoint Trust and China’s Reopening
This week, we review an interesting acquisition and also check out how China’s recent reopening is benefitting the global economy. The post Top Stock Market Highlights of the Week: Frasers Property ...
Singapore Market gains 0.5%
At closing bell, the Straits Times Index (STI) index was up 17.02 points, or 0.5%, to 3,394.21, after trading between 3,379.15 and 3,395.79. Volume was 1.56 billion shares worth S$1.40 billion changed ...
Reits lead Singapore stocks higher on Friday; STI notches 4-day winning streak
Local stocks rose for a fourth consecutive day on Friday to end the week higher amid a broader rally across the region. Read more at straitstimes.com.
Las Vegas Sands To Invest $6.8 Billion In Singapore, Macau Amid Asian Casino Boom
Las Vegas Sands—controlled by the family of the late casino billionaire Sheldon Adelson—is investing $6.8 billion in Macau and Singapore to expand its presence in Asia amid a gaming boom across the ...
Market LIVE Updates: Sensex and Nifty 50 poised for a positive start tracing global cues
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open higher on the last trading day of the week amid largely positive cues from global markets. Singapore Exchange Nifty futures, ...
Yew Kee Duck Rice, Chicha San Chen franchise operator to raise S$16.6m in Catalist IPO
YKGI on Thursday (Jan 26) launched its initial public offering (IPO) for a listing on the Catalist board of the Singapore Exchange (SGX). The group, which is best known as the operator of Yew Kee Duck ...
Singapore to continue investing in local tech talent despite lay-offs at tech giants: Josephine Teo
SINGAPORE: Singapore will continue to invest in developing local tech talent despite recent lay-offs at tech giants as this is "the right thing to do", Minister for Communications and Information ...
Singapore and the UK Deepen Cooperation on Fintech and Sustainable Finance
Singapore and the United Kingdom came to an agreement to deepen bilateral cooperation on fintech and sustainable finance.
Singapore’s latest one-year Treasury bill offers 3.87% yield
SINGAPORE’S first Treasury bill (T-bill) with a one-year tenor in 2023 closed its auction with a cut-off yield of 3.87 per cent on Thursday (Jan 26). Read more at The Business Times.
Greening buildings, financing and disclosures: OCBC evaluates Singapore’s real estate sector
OCBC’s analysts offer a snapshot of Singapore’s status on green buildings, green financing, strategies and disclosures.
Brankas introduces advanced fraud detection in its Open Finance solutions through new strategic partnership with Element
Brankas, the leading global open finance technology provider, and Element Inc , the privacy-led, modern AI pioneer in digital identity services, today announced a strategic partnership to introduce an ...
Hong Kong, Singapore, and Japan’s Regulation of Cryptocurrencies: What You Need to Know
Some of the most developed financial regulations in the world are found in Singapore, Hong Kong, and Japan. Therefore, it is not surprising that talks about how to govern cryptocurrency have been ...
Budget 2023 may come too soon for new Singapore FDI game plan post global tax changes: watchers
GLOBAL tax changes could prompt Singapore to find new ways to attract foreign direct investment (FDI), such as tax credit schemes, grants, or industry-specific measures – but this may only happen ...
Singapore banks to report flattish Q4 22 earnings amidst slow global growth
NIMs will rise but the expansion could decelerate due to higher funding costs. With slow global growth and interest rate uncertainties, banks will report a flattish set of earnings for the fourth ...