Despite this, the total investment deals in 2024 increased by a substantial 28.7%. Singapore’s total investment sales amounted to $6.5b during the fourth quarter of the year (Q4 2024), reflecting a 20 ...
PhonePe starts its IPO process two years after moving its main office to India from Singapore
P honePe, a prominent player in digital payments, has announced its initiation of the process for a potential public listing on the Indian stock exchanges, as stated in a release ...
BUDGET 2025: R&D investments critical, but SME access remains uncertain
It also aims to foster the development of new capabilities, supporting industry transformation whilst creating better jobs. The Singapore government has announced an additional $3b top-up to the ...
Singapore Flags Investments From Chips to Energy in Budget
Singapore plans to invest about S$1 billion ($744.8 million) for a new R&D semiconductor facility that will provide “great tools for researchers and industry partners” to boost innovation, according ...
Singapore Budget 2025 seen benefiting banks, retail, new energy, AI, underpinning SGX
The renewable energy sector might reap Budget rewards as well. Sembcorp Industries and City Energy, a unit of Keppel Infrastructure Trust, could benefit as Singapore continues to assess the viability ...
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 ...
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 ...
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.
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 ...
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 ...
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 ...
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 ...
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.
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.
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 ...
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 ...