Victims lost at least S$36mil in less than two months to conmen touting investment scams on chat groups and social media platforms, Singapore police said.
Singaporean investment app Syfe pulls in $27M to hasten growth in Asia Pacific
Singapore-based investment platform Syfe has been working on making wealth management more accessible in the region by offering a variety of investment products and options, all via a smartphone app.
Singapore tightens GDP growth forecast to 2-3% amid mixed economic signals
SINGAPORE: The Ministry of Trade and Industry (MTI) has revised its gross domestic product (GDP) growth forecast for 2024 to a range of 2.0-3.0 per cent, following an assessment of the country’s ...
New app by Nets enables merchants in Singapore to use smart devices to accept contactless payments
It was rolled out in a pilot programme in the first half of 2024, with over 30 merchants participating to date. Read more at straitstimes.com.
RedDoorz Eyes IPO to Build Southeast Asia’s Largest Hospitality Firm
Southeast Asian online hotel management and booking platform RedDoorz has its sights set on IPO – but it has a lot of steps to clear first.
FirstCry shares list at 40% premium over IPO price
Ahead of the issue opening, the company raised ₹1886 crore from 71 anchor investors including SBI Mutual Fund, ICICI Prudential Mutual Fund, among others.
Singapore Sees 2024 GDP Growth at Upper Half of Forecast
(Bloomberg) -- Singapore said it expects the island’s economy to expand ... Second-quarter growth was driven by the finance and insurance, and information and communications sectors. By contrast, ...
Singapore Upgrades Full-Year Economic Outlook
Taking into account the performance of the Singapore economy in the first half, as well as global and domestic economic factors, MTI updated its full-year growth forecast to 2.0% ...
Former Singapore wine executive arrested in S$12M Bordeaux En Primeur wine scam after evading authorities for 13 years
SINGAPORE: A former executive of a Singapore wine investment firm has been arrested after evading... The post Former Singapore wine executive arrested in S$12M Bordeaux En Primeur wine scam after evad ...
IPO Roundup: WeRide, Innovation Beverage Group and more
The U.S. IPO pipeline ahead remains thin as markets await more data to get a better picture of the economic landscape. Later in the week, investors will brace for the monthly consumer price index data ...
China’s autonomous vehicle startup WeRide seeks US IPO at $5B valuation
About $100 million of that would come from the IPO and around $200 million to $300 million in ... The company holds permits to operate autonomously in China, the UAE and Singapore. It also has permits ...
Singapore stocks fall amid rise in Asian stock markets; STI down 0.8%
SINGAPORE - Local stocks fell on Aug 12 amid a regional rally after intense market volatility last week ... On the other hand, Asian stock markets were in the black. South Korea’s Kospi hiked 1.2 per ...
Singapore stocks decline amid shift in interest rate expectations; STI down 0.8%
SINGAPORE stocks fell on Monday (Aug 12) amid a regional rally after intense market volatility last week ... On the other hand, Asian stock markets were in the black. South Korea’s Kospi hiked 1.2 per ...
Minister Indranee Rajah on whether Singapore will consider increasing its current childcare leave provisions
Given Singapore's ongoing efforts to support parents and encourage higher birth rate, Prime Minister and Minister for Finance Lawrence Wong was recently asked in a Parliamentary query if the Finance ...
Pregnant teen admits opening bank account used to launder over $145k in scam proceeds
SINGAPORE – A 17-year-old girl, who was promised a monthly payment of $200, opened a bank account in 2021, despite knowing that it would be used to transfer “dirty money”. The teenager’s account was ...
Singapore medtech startup raises US$7 million to expand accessible respiratory care globally
SINGAPORE-BASED digital health company Aevice Health has secured US$7 million in a seed plus round to expand its operations in the US, Japan and Singapore. Read more at The Business Times.