Singapore led Southeast Asia in private capital investment last year, with US$3.7 billion secured, comprising 41.1% of the region’s private equity deal value in 2023, a new report has found.
Mexican-themed fast food chain Guzman y Gomez will seek an IPO
One of the most highly anticipated and hotly speculated sharemarket floats in years will finally happen after Mexican-themed fast-food chain Guzman y Gomez pushed the button on a $2.2bn IPO to help ...
ST Explains: Why is S’pore investing $700m in quantum computing?
The move would extend the influence of the little red dot in developments such as the discovery of new drugs. Read more at straitstimes.com.
CapitaLand India Trust secures S$200 million sustainability-linked loan from International Finance Corporation
Increases CLINT's sustainable finance to 79% of its loans, demonstrating its commitment to Net ZeroSingapore - May 30, 2024 — (L-R) ...
Singapore expands scope of guidelines on fair dealing
Singapore’s central bank has updated its guidelines on fair dealing, expanding its scope to apply to all financial institutions (FIs) and all the products and services offered to customers. The update ...
Brief: SEA stock exchanges need to play larger role to move region’s PE market; OCBC to invest HK$1.5 bil in facilities
In other news, Singapore will invest close to $300 million in quantum tech, to add 300MW in data centre capacity.
Temasek and MOPE-backed Molbio Diagnostics kickstarts IPO prep, aims Rs 22,000-24,000 cr valuation
Singapore investment major Temasek and Motilal Oswal Private Equity (MOPE)-backed diagnostics chain Molbio Diagnostics has kickstarted work to launch an initial public offer in FY25 and raise around ...
Bank of Singapore establishes Investment Advisory Council
Bank of Singapore has formed an independent investment advisory council to supplement the bank's Chief Investment Office's (CIO) research skills and provide pertinent knowledge to its clients. The ...
Singapore contributes $17.7m to WHO’s inaugural investment round
The Ministry of Health emphasises prioritising health emergency preparedness. Singapore has announced its grant of $17.7m (S$24m) to the World Health Organisation’s (WHO) newly launched investment ...
Singapore’s largest bank DBS holds $650 million in ETH: repor
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 ...