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Tag: ipo

Posted on 14/11/2023

Jail for maid who unlawfully withdrew $88.6k from 95-year-old man’s bank account over 89 occasions

SINGAPORE - Saddled by hefty debts back home, an Indonesian maid used a bank card belonging to her employer’s elderly father to make 89 unauthorised withdrawals totalling $88,600 from January to July ...

Posted on 14/11/2023

The Much-Anticipated Singapore Fintech Festival 2023 Is Finally Here

The 8th Singapore Fintech Festival 2023 kicks off today and is expected to attract over 60,000 attendees from over 100 countries.

Posted on 14/11/2023

Beyond profits, GIC considers the impact of its investments: CEO Lim Chow Kiat

GIC's investments have had a positive impact around the world by supporting businesses, building infrastructure and creating jobs, says CEO Lim Chow Kiat.

Posted on 14/11/2023

Singapore’s homeownership rate is 80%. Could a housing solution there work in Hawaii?

Hawaii lawmakers and housing advocates hungry for new solutions are looking to the Southeast Asian city-state for some potential answers.

Posted on 14/11/2023

YY Group Files for IPO at $4 to $5/Share

By Dean Seal YY Group Holdings has filed paperwork with regulators for an initial public offering with an offering price of $4 to $5 a share.

Posted on 13/11/2023

Behind the Scenes of Prince William’s Earthshot Prize: Singapore ‘Took It Up a Notch,’ Says Photographer

Prince William's Earthshot Prize in Singapore "took it up a notch," says royal photographer who shared never-before-seen images from the event ...

Posted on 13/11/2023

Stock Market Today: Dow Futures Slip After Friday’s Strong Showing

Singapore-based investment firm Foresight Ventures has acquired an 80% stake in crypto news publication The Block for $60 million, according to a person familiar with the matter. Foresight Ventures ...

Posted on 13/11/2023

Genting Singapore’s net profit jumps 59% YoY to $216.3m in 3Q23

Genting Singapore recorded a net profit of $216.3m in 3Q23, a 59% jump from 3Q22. In the same period, the company saw a 33% YoY growth in its revenue to reach $689.9m. Meanwhile, the company announced ...

Posted on 13/11/2023

‘The investment we make will pay off’: 3 Singaporean leaders explain why they’re prioritising mental health

THE way we work was fundamentally changed by the Covid-19 pandemic; for many, that process was stressful and difficult to navigate. The Business Times (BT) spoke to three corporate leaders in ...

Posted on 13/11/2023

BT Mark to Market: How to fix Singapore’s stock market (Ep 37)

Find out more about subscription packages here. The Singapore market’s poor performance and lack of exciting new listings are multifaceted problems that require simultaneous action on different fronts ...

Posted on 13/11/2023

Market gyrates between fear and hope

Fed chair Jerome Powell said last week the US central bank won’t hesitate to tighten more if needed. Read more at straitstimes.com.

Posted on 13/11/2023

Reliance on finance influencers growing amongst Singaporeans: report

In parallel, "scam victims" became a prominent keyword in finance and cybersecurity conversations on social media, rising by 79% to 21,900 mentions. "Social media serves as a vital platform, providing ...

Posted on 12/11/2023

Me & My Money: Invest a little, often and early, says finance exec

Finance executive David Fergusson believes the strategy can help almost anyone improve their lot. Read more at straitstimes.com.

Posted on 12/11/2023

Singapore: Fintech Startup BondbloX Raises $6 Million in Series B Funding

BonEvalue Pte Ltd (BondbloX), a Singapore-based fintech startup that provides easy access to bonds for investors, has secured $6 million in a Series B round.

Posted on 11/11/2023

Will Hong Kong’s investment scheme woo the super-rich? Analysts say revamped strategy ‘more attractive, simpler’ than Singapore’s

Those who invest HK$30 million or more in specific assets can apply for residence after seven years Singapore scheme is more complex, involves risky investments with higher threshold and other ...

Posted on 10/11/2023

LSEG chief Schwimmer: IPOs to return ‘when the environment stabilises’

LSEG Chief Executive Officer David Schwimmer said the market for Initial Public Offerings in London and elsewhere around the world should recover from current lows caused by concerns about rising ...

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