Singapore’s DBS bank holds over 173.7k ETH worth $650 million. Blockchain analytics plaform Nansen identified a whale wallet with the ETH as belonging to the bank. DBS, Singapore’s largest bank that ...
Singapore Invests Close to S$300 million in National Quantum Strategy and Announces Green Data Centre Roadmap for Sustainable Growth
Mr Heng Swee Keat, Singapore's Deputy Prime Minister and Chairman of the National Research Foundation NRF, outlined an investment of close to S$300 million into Singapore's National Quantum Strategy ...
South-east Asia’s growth-dominated PE industry needs stronger IPO markets: Bain
The Singapore Exchange’s velocity was 32 per cent ... Varma said PE exits globally are relatively evenly spread across three main strategies: initial public offerings (IPOs), sales to other companies, ...
Singapore gets lion’s share of private equity amid regional decline: Bain report
Singapore captured over 40 per cent of capital investment in companies that are not publicly traded. Read more at straitstimes.com.
Gas investments in SE Asia undermine green energy, climate push: Report
Gas projects risk locking in decades of costly polluting energy and holding back investments in cheaper renewables. Read more at straitstimes.com.
Cheetahs and casinos: Links between environmental crimes and money laundering in Singapore
SINGAPORE: In 2020, a bank in Singapore found that one of its customers had paid S$130,000 to a South African supplier for 11 cheetahs.
Singapore to invest $222 mln to boost quantum computing capability
Tech firms such as Microsoft, Alphabet's Google and IBM as well as nation-states across the world are racing to create machines that can take advantage of quantum mechanics and potentially be capable ...
Singapore to invest nearly S$300 million in quantum tech research and talent
SINGAPORE will invest close to S$300 million over the next five years to boost quantum technology research and talent – including efforts to build processors for quantum computers locally. Read more ...
Fast-fashion behemoth Shein is preparing for an IPO. Here’s an inside look at the challenges it could face.
Fast-fashion phenomenon Shein is expected to go public this year in a hotly-anticipated listing.
Woman in SG, 75, opened bank account on boyfriend’s behalf, received RM900,000 from suspicious sources
An elderly woman who met her “online boyfriend” on WhatsApp opened a bank account on his behalf which was later used to receive nearly S$260,000 (RM904,636) from suspicious sources.
Cheetahs and casinos: Links between environmental crimes, money laundering in Singapore
It added that, so far, there have been no known cases of illicit funds from environmental crimes being passed through casinos in Singapore. But in Laos, a criminal network used a casino to traffic ...
Hong Kong is more entrepreneurial, open and diverse than Singapore, finance chief Paul Chan tells US businesses
Hong Kong is more entrepreneurial, open and diverse than Singapore, the city’s finance chief has told US business leaders during his visit to the country as he looks to lure companies eyeing expansion ...
Malaysia should explore joint fund with Singapore to develop new semiconductor hub
Malaysia should explore the possibility of setting up a joint investment fund to develop a new semiconductor hub in the Johor-Singapore Special Economic Zone, said Prof Ong Kian Ming. The proposed ...
Yangzijiang steams ahead, but STI dips 6.89 points, in line with Asian market slide
Advancers beat decliners 255 to 311, with $1.3 billion worth of securities changing hands. Read more at straitstimes.com.
Thailand’s new finance minister may steady skittish markets
Thailand's new finance minister has caught investor attention with a more conciliatory approach to the central bank, opening a window for policy coordination to support battered markets. Thailand's ...
Sebi Eases IPO Regulations for Entrepreneurs
Sebi has introduced changes to ease the IPO process, focusing on offer size criteria and flexibility for promoter contributions. Amendments include counting equity shares from convertible securities ...