Carro, a Southeast Asian online automotive marketplace, is in talks with potential investors to raise over $100 million ahead of a possible U.S. listing in 18 months, said a senior executive at the ...
Best fixed deposit rates in Singapore (November 2023): DBS, UOB, HSBC, and more
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
Singapore shares edge lower on Wednesday; STI down 0.1%
SINGAPORE stocks struggled to advance on Wednesday (Nov 22), as pullbacks on Wall Street and Europe clashed with the Singapore trade ministry’s expectations that economic growth would come in at ...
Singapore 2023 GDP growth narrowed to 1%; Q3 growth at 1.1%
SINGAPORE’S full-year economic growth is expected to come in at around 1 per cent, the Ministry of Trade and Industry (MTI) said on Wednesday (Nov 22) morning. Read more at The Business Times.
Hongkong Land appoints Singapore-based Mapletree’s Michael Smith as CEO
Smith is currently the regional CEO for Europe and the US at Singapore-based global real estate investment company Mapletree Robert Wong, who has been Hongkong Land's CEO since 2016, will stay on as a ...
Money Talks – How to invest your first S$100,000
Dexter Tiah was only two years into his first job when he accumulated enough to start his first S$100,000 investment portfolio. The investor and author of the personal finance book Laughs, Losses and ...
Singapore Shares May Find Traction On Tuesday
(RTTNews) - The Singapore stock market has moved lower in two straight sessions, sinking more than 20 points or 0.7 percent along the way. The Straits Times Index now sits just above the 3,110-point ...
Commentary: The global antibiotic pipeline is running dry. How can Singapore spur new drug development?
As bacterial infections become ever more challenging to cure, we should explore and contextualise incentives for antibiotic development, say NUS professors Hsu Li Yang, Wee Hwee Lin and Joanne Yoong.
Singapore’s Digital Money Revolution: Wholesale CBDC Takes Center Stage
The Monetary Authority of Singapore has unveiled a digital money strategy focusing on wholesale CBDC, tokenized bank liabilities, and regulated stablecoins, excluding retail CBDC. Local banks OCBC and ...
Winking Studios opens 2.5% above IPO price at 20.5 cents
SINGAPORE - Shares of Winking Studios began trading a20.5 cents on the Catalist board of the Singapore Exchange (SGX) on Monday. This is 2.5 per cent above its initial public offering (IPO) price of ...
Lessons from Singapore
Singapore’s impressive GDP per capita growth has led to it soaring from $3,611 in 1960 to an impressive $67,359 in 2022. In 1960, Singapore had a GDP per capita that was 9.7 times that of Pakistan, ...
Mild Rebound Predicted For Singapore Shares
The Singapore stock market on Friday ended the two-day winning streak in which it had gathered almost 30 points or 0.9 percent. The ...
Billionaire Wee Cho Yaw’s UOL Sells Over Half Of Singapore Residential Project During Weekend Preview
UOL Group and its unit Singapore Land sold more than half of its residential project during a private preview on Saturday in the upscale Bukit Timah enclave in the western central region of the ...
79% of Singapore business leaders struggle with ESG data collection: new UiPath study
Greater IT-sustainability team synergy key to improving ESG reporting with only 36 per cent of business leaders in Singapore seeing occasional collaborations between IT and sustainability ...
Singapore family office applicants face 18-month wait amid tighter scrutiny
“MAS continues to receive a high volume of applications for tax incentives by Single Family Offices (SFOs). They are generally processed in 9-12 months upon submission of complete information and ...
NUS researcher wants to find ways to channel more finance into conserving nature
SINGAPORE – Having spent a decade in the environment sector ... This is insufficient to safeguard nature and biodiversity globally, and more private finance would be required to bridge the gap, said ...