SINGAPORE will allocate additional resources to upgrade its national broadband network, said Finance Minister Lawrence Wong on Friday (Feb 16). Read more at The Business Times.
Singapore Institute of Advanced Medicine opens 15.2% below IPO price in Catalist debut
The counter opened at 19.5 cents, down 15.2 per cent from its listing price of 23 cents. Read more at straitstimes.com.
Singapore shares rise on Friday after key exports data; STI up 0.5%
SINGAPORE stocks rose on Friday (Feb 16) morning, after data from Enterprise Singapore showed that the country’s key exports jumped 16.8 per cent year on year in January, lifted by a surge in the ...
Commentary: What Singapore can expect from Budget 2024
Whether or not Budget 2024 will be seen as help with the cost of living or goodies before a General Election, we should pay attention to how it advances the shared national vision, says the Lee Kuan ...
Singapore Budget Set to Focus on Living Costs in Transition Year
Singapore will likely seek to defray living costs and support retrenched workers and small businesses through its annual budget Friday, with the spending plan seen as the priority list for the ...
Derwent Investments: Singapore’s AI Fintech Sector Flourishes Amidst Shifting Investment Trends
SINGAPORE, SINGAPORE / ACCESSWIRE / February 15, 2024 / Derwent Investments, a leading Singapore-based Wealth Management firm, has released its analysis of the investment landscape in Singapore's ...
Singapore Institute of Advanced Medicine Holdings’ IPO fully subscribed
THE initial public offering (IPO) on the Catalist board for Singapore Institute of Advanced Medicine Holdings (SIAMH), a cancer-treatment provider, has closed with all 114 million new shares ...
Singapore revises 2023 growth downward on manufacturing slump
Singapore’s economy expanded by a slightly more modest pace than initially expected in 2023, as manufacturing activity contracted and services growth slowed.
Bridgewater continues to cut US-listed Chinese stocks as Singapore’s Temasek, Saudi’s PIF stay the course for market turnaround
Bridgewater trimmed more positions US-listed Chinese stocks in the final quarter of 2023, including a total exit from Miniso and Noah Holdings Temasek has retained most of its US-listed shares, but ...
Singapore economy grew 2.2% in Q4, lower than estimate
Singapore’s economy grew 2.2 percent on a year-on-year basis in the fourth quarter of 2023, government data showed on Thursday, lower than the advanced growth estimate of 2.8 percent released last ...
SIA, Sats among bigger companies in S’pore market poised to ride the Dragon
Despite all the value to be had, the Singapore stock market has remained in the doldrums. How long this will continue is anyone’s guess. The market’s average price-to-earnings (PE) multiple is 12.7 ...
Failed investment in Michelin Bib Gourmand prawn noodle sours 30-year friendship
SINGAPORE - The owner of a well-known hawker stall selling prawn noodles in Zion Road decided to go into business with a childhood friend to open a restaurant in South Bridge Road, after turning down ...
Singapore shares rise on Thursday after GDP data; STI up 0.3%
SINGAPORE stocks rose on Thursday (Feb 15) morning following news that gross domestic product growth in 2023 was 1.1 per cent, marginally down from advance estimates. Read more at The Business Times.
461 victims lost $6.8m in investment or job scams involving online chat groups since start of 2024
Victims were added to chat groups or channels on messaging platforms and offered investment or job opportunities. Read more at straitstimes.com.
Singapore REITs Fall as U.S. Inflation Data Weighs on Potential Payouts
By Amanda Lee Units of Singapore-listed real-estate investments trusts fell Wednesday after the latest U.S. inflation data added fuel to growing ...
IHH Healthcare’s indirect subsidiary to withdraw IPO plans
According to IHH, the private equity investors, as well as the board of directors at Fortis and Agilus, have agreed to withdraw the draft red herring prospectus following meetings held on Feb 13.