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Tag: ipo

Posted on 19/02/2025

JP Morgan upgrades Singapore equities to overweight

JP Morgan analysts upgraded Singapore equities to overweight on Wednesday, citing inexpensive valuations, high dividend yields as well as government initiatives to revive the domestic stock market. In ...

Posted on 18/02/2025

Temasek-backed Indian startup Licious plans IPO in 2026, eyes $2 billion valuation, says source

Indian online meat and seafood retailer Licious is looking to debut on the bourses in the next 12-18 months and is targeting a valuation of $2 billion, a source familiar with the matter told Reuters ...

Posted on 18/02/2025

Singapore buys only small amount of Nvidia chips, official says

Trump officials are probing whether China's DeepSeek bought advanced Nvidia semiconductors through third parties in Singapore.

Posted on 18/02/2025

DBS names new heads of operations, and corporate and SME banking

SINGAPORE’S largest lender DBS named on Tuesday (Feb 18) its two picks for the group head of its corporate and SME banking unit, as well as its group head of operations. Read more at The Business ...

Posted on 18/02/2025

Singapore Activist Investor 3D Questions Sapporo Acquisitions

Singapore-based investment fund 3D Investment Partners Pte sent a letter dated Feb. 18 criticizing Sapporo Holdings Ltd.’s past overseas acquisitions as failures, and questioning the responsibility of ...

Posted on 18/02/2025

Singapore will feel impact of rising global tensions, PM says

Singapore will feel the impact of increasing global tensions with economic growth set to slow this year, Prime Minister Lawrence Wong said in his budget speech in parliament on Tuesday. Wong, who is ...

Posted on 18/02/2025

Singapore’s PM Wong likely to ramp up spending going into election year

Wong, who is also finance minister, is expected to focus on bringing down living costs and boosting social aid when he delivers a budget speech later today ...

Posted on 18/02/2025

Singaporean’s home address illegally changed by scammers via ICA service, triggering banking nightmare

Raymond Tan discovered that his home address had been changed without his knowledge. His Singpass account was then frozen, disrupting his access to essential government services.

Posted on 18/02/2025

Resilient banking earnings, better IPO process could bolster S’pore’s STI in 2025: Analysts

Much is riding on the banks, which are widely expected to post record full-year earnings. Read more at straitstimes.com.

Posted on 17/02/2025

Straits Millennium, EBANX get in-principle nod for MPI licence in Singapore

The Monetary Authority of Singapore (MAS) has issued in-principle approval to fintech firms EBANX and Straits Millennium for a major payment institution (MPI) Licence under the Payment Services Act ...

Posted on 17/02/2025

Singapore, Japan To Remain Property Hot Spots As Global Investors Diversify: JLL CEO

The real estate markets of Australia, Japan, Korea and Singapore will remain hot spots in the next few years as global investors seek to diversify their portfolios with demand for real estate in China ...

Posted on 17/02/2025

Singapore’s subdued IPO scene set for a rebound in 2025: analysts

SINGAPORE’s initial public offering (IPO) scene is set to liven up this year, with analyst forecasts falling anywhere between four and 10 listings on the local bourse. Read more at The Business Times.

Posted on 17/02/2025

Tax incentives may be used to help revive market

SINGAPORE: A Singapore government-led review group is proposing incentives to revitalise the stock market, the first steps taken in a market plagued by low liquidity and a dearth of new listings.

Posted on 15/02/2025

Singapore’s 2035 climate target: A commitment to act now despite waning global interest

It pledges to reduce emissions to between 45 million tonnes and 50 million tonnes by 2035. Read more at straitstimes.com.

Posted on 15/02/2025

SGX shares fall 5.8% a day after first proposed measures to boost stock market unveiled

While noting that further measures to revive the exchange have yet to be announced, Citi analyst Tan Yong Hong in a Feb 13 report nevertheless downgraded his 12-month share price target for the SGX by ...

Posted on 14/02/2025

Most retail investors know they can invest CPF funds with more planning to do so

Despite interest in investing, a substantial 82% of respondents indicated a desire for more CPF-related investing content.

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