A significant discount offered on OK Lim’s high-end property indicates valuations at the pointy end of the market are under pressure.
Bank of Singapore Targets 20% Asset Expansion in Middle East
Bank of Singapore is strategically focusing on expanding its presence in the Middle East, forecasting a significant increase in assets and revenue from the region over the next five years. The ...
Singapore to stay nimble and vigilant in a more challenging world and recent mpox outbreak, says PM Wong
adding that the 11th Malaysia-Singapore Leaders’ Retreat in Malaysia later this year, more visits within Asean, and meetings with key partners outside the region are also in the calendar. Wong, who is ...
IPO Of 7-Eleven Rival In Malaysia Likely To Make Founder The Country’s Newest Billionaire
Assuming the over-allotment option is fully exercised, Lee, together with his wife, Ng Lee Tieng, who has a board seat at 99 Speed Mart, will own a post-IPO stake of 80% ... Burger King franchise in ...
Singapore stocks open flat on Friday as US stocks fall and Europe stocks gain
SINGAPORE: Singapore stocks opened flat on Friday, Aug 23, following a decline in US indices and an overnight rise in Europe’s main stock index. The Straits Times Index (STI) saw a slight uptick, ...
Singapore fintech MoneyHero makes unsolicited US$8 million bid to acquire MoneySmart
The Singapore fintech company operates online personal finance platforms that recommend financial products. It runs platforms such as Seedly and SingSaver in Singapore, and also has a presence in Hong ...
Singapore July core inflation 2.5% y/y, lowest in more than two years
Singapore's key consumer price gauge rose 2.5% in July from a year earlier, the smallest increase since February 2022, official data showed on Friday. The core inflation rate - which excludes private ...
Singapore shares open flat on Friday after US, Europe indices close mixed overnight
SINGAPORE shares opened flat on Friday (Aug 23) morning, after US indices fell and Europe’s main stock index climbed overnight. The Straits Times Index rose 0.03 point to 3,373.61 as at 9.01 am.
Scam victims in Singapore lost $385.6m in first half of 2024 as cases hit high of 26,587
Singapore is lowering the maximum limit on daily CPF withdrawals from $200,000 to $50,000, starting next month. It's also considering giving police the power to restrict a scam victim's banking ...
Revenue-Based Finance Provider Efficient Capital Labs Secures Series A Funding Co-Led by QED and 645 Ventures
Efficient Capital Labs (ECL), one of the leading revenue-based financing providers that provide non-dilutive capital to B2B SaaS companies in the South Asia-U.S. corridor, has announced fundraising of ...
Major Stake Sales and Purchases in PNB Housing Finance
Asia Opportunities V (Mauritius) sold a 3% stake in PNB Housing Finance for Rs 676 crore, while the Government of Singapore acquired 16 lakh shares for Rs 143.74 crore. This transaction reduced Asia ...
MHA mulls allowing police to restrict victims’ banking transactions to tackle scams
The restriction will be time-limited, meaning the account will be frozen temporarily. Read more at straitstimes.com.
Singapore’s Temasek to issue 2.7b offshore Chinese yuan bond
SINGAPORE - Singapore's state investment firm Temasek will issue 10-year and 30-year offshore Chinese yuan bonds with a total worth of 2.7 billion yuan ($379 million), according to the latest ...
Wang Qiming and Liu Kai: Bankers who Orchestrated Singapore’s Biggest Money-Laundering Scandal
Singapore’s reputation as a global financial hub has been shaken by a monumental money-laundering scandal involving two prominent bankers, Wang Qiming and Liu Kai. This case, which has become the ...
PNB Housing Finance falls 3% after Rs 715.60 crore block deal; Asia Opportunities V likely seller
Shares of PNB Housing Finance fell over 3 percent on August 22 after a block deal worth as much as Rs 715.60 crore took place in the counter, with Asia Opportunities V (Mauritius) being the likely ...
CDP vs. Custodian Accounts in Singapore: Which One Should You Trust with Your Investments?
Moomoo is currently running an exciting promotion, especially if you are interested in reorganizing where you want to custodise your securities. If you hold local securities in your CDP account and wo ...