Singapore’s two largest state-owned investors are making major changes to the way they work with hedge funds, in moves that could affect billions of dollars in allocations.
Market revival is underway and Singapore will continue to ‘raise the game’
The various measures to revive the Singapore stock market has seen some success, according to Minister Chee Hong Tat. Average daily traded value has increased 20% y-o-y to $1.8 billion in November, ...
Review group’s measures to revitalise S’pore equities market not enough to drive permanent change: WP
Workers’ Party MPs argue that current measures to revitalise the Singapore Exchange (SGX) are insufficient for permanent change in capital markets. Read more at straitstimes.com. Read more at ...
Singapore’s Green Finance Industry Taskforce Launches Final Consultation on Green and Transition Taxonomy
The consultation seeks feedback on its “measures-based approach” to classifying industrial activities, as well as “Do No Significant Harm” criteria. The Green Finance Industry Taskforce (GFIT) was ...
KKR-led group set to buy Singapore data-center firm valued at over $10 billion
The consortium is nearing a deal to acquire ST Telemedia Global Data Centres valued at over $10 billion.
Malaysia, Singapore Finalizing ‘Master Plan’ for Investment Hub as Billions Pour In
KUALA LUMPUR, Malaysia--Malaysia and Singapore are finalizing the "master plan" for a special economic zone that has already netted over $17 billion in investment. The Johor-Singapore Special Economic ...
Sony, Singapore’s GIC to invest $2 billion in music catalogs
Sony Music Group and Singapore’s GIC Pte sovereign wealth fund are forming a joint venture to acquire music copyrights, with plans to invest $2 billion to $3 billion in the project.
ANZ to consolidate Singapore staff in one office
ANZ Group Holdings Ltd joins other banks in grappling with the conflicting goals of reducing office costs while trying to retain prime city-centre spaces.
Singapore CEO who maxed out 65 credit cards spurs US$1 bil IPO windfall
With last month’s Singapore listing of UltraGreen.ai Ltd, a company that sells fluorescent dye used in surgical imaging, the chief executive officer has struck gold.
Singapore CEO’s family gains $1.5 billion fortune from blockbuster IPO
UltraGreen.ai's US$400 million IPO was Singapore’s biggest primary listing in eight years outside of real estate. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore CEO who maxed out 65 credit cards spurs $1 billion IPO windfall
In Ravinder Sajwan’s early Silicon Valley career, he blew through his $3,000 monthly credit card limit every two days hustling on a series of tech startups.
Singapore set to hold monetary policy, signal hawkish pivot
Singapore’s central bank is expected to hold policy settings steady for a third straight review, though economists see scope for a hawkish pivot as inflation shows signs of gaining momentum.
HSBC deepens pivot to wealth in Singapore as retail pared
The shift underscores how global lenders are retreating from traditional retail banking in Singapore to pursue the region’s booming wealth management market.
Exclusive-Micron to announce memory chip manufacturing investment in Singapore, sources say
Jan 27 (Reuters) - U.S. memory chip maker Micron Technology is set to announce new memory chip manufacturing capacity investment in Singapore, three people briefed on the matter said, expanding ...
Micron Breaks Ground on Advanced Wafer Fabrication Facility in Singapore
Approximately $24 billion investment over 10 years will support long-term manufacturing requirements and AI-driven demand ...
Singapore to invest RM3.3bil over five years to boost AI public research
Funding will focus on fundamental AI (establishing Research Centres of Excellence), applied AI (real-world problems), and talent development (scholarships and AI Visiting Professorship).