She takes over from deputy speaker of parliament Jessica Tan, who had been the association's president since 2012. Read more at straitstimes.com.
Singapore stocks rise amid mixed regional performance; STI up 0.1%
THE Straits Times Index (STI) ended Friday (Sep 22) slightly higher after paring early losses. The STI rose 0.1 per cent or 2.01 points to 3,204.82 at the close. Read more at The Business Times.
Singapore market slides after Fed’s hawkish hold; STI dips 1.2%
THE Federal Reserve’s hawkish stance tamed markets in the Asia-Pacific on Thursday (Sep 21), with key bourses from South Korea to Australia swimming in a sea of red hours after the United States ...
Inside Singapore’s Post-Covid Investment Boom.
In the years since it gained independence from Malaysia in 1965, the city-state has seen its economy go from strength to strength. Its GDP per capita now surpasses those of other rich countries such ...
An HSBC-backed startup is using AI to help banks fight financial crime — and eyeing a Nasdaq IPO
Silent Eight's AI models were actually trained on the processes that human investigators were carrying out within financial institutions, its CEO told CNBC.
IPO screener: Goldaman Sachs-backed Samhi Hotels listing today
Samhi Hotels' IPO subscribed 5.33x; to list at bourses today. Issue raised ₹1,370.10cr, fixed at ₹126, upper end of price band. Fresh issue of ₹1,200cr, OFS of 1.35cr shares by existing shareholders.
IPO: revival or fizzle?
After much IPO fanfare, ARM, Klaviyo, and Instacart’s shares took a wobble, prompting concerns that the IPO revival could fizzle out. IGTV financial analyst @AngelineOng gives us a recap of the IPO ...
S$700 million in proceeds from first sovereign green bonds put towards expansion of Singapore’s rail network
SINGAPORE: Under the Singapore Green Bond Framework, S$700 million (US$511 million) has been allocated to finance Jurong Region Line (JRL) and the Cross Island Line (CRL) of the country's rail network ...
Singapore police investigating money laundering scheme uncover more gold bars, luxury watches
More assets such as gold bars and watches have been seized by the authorities in Singapore, where a group of foreign nationals are being investigated in a money laundering scheme.
Singapore cracks down money laundering case worth over 1.76 billion USD
Singaporean media on September 20 reported local police have seized or frozen more than 1.76 billion USD worth of assets in one of the biggest money laundering cases ever uncovered in the city-state.
Singapore investors driven more by returns for green investments, with focus on tech solutions
It found that 68 per cent of investors in Singapore said nature is now considered a part of their investment strategy. They were also most likely to expect increased returns and reduced nature risk in ...
Chinese Origin Clients With Foreign Passports Reportedly Under Scrutiny In Singapore After $1.8M Money Laundering Fiasco
In the aftermath of a substantial money laundering scandal involving S$2.4 billion ($1.8 billion) last month, banks based in Singapore have increased their vigilance towards clients of Chinese origin ...
Singapore banks tighten oversight on foreign clients post-money laundering scandal
In a bid to strengthen its financial integrity following a money laundering scandal, Singapore's banking sector has increased its oversight of clients of Chinese descent holding foreign citizenships.
More SE Asia firms consider U.S. IPOs, filling void left by China peers
Several Southeast Asian companies are considering listing in the United States, banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings.
Singapore financial firms shrink gender pay gap
SINGAPORE: The gender pay gap for women working in Singapore’s finance industry narrowed to 15.6% in 2022, almost half the 27.1% gap of a decade ago, the city-state’s Manpower Ministry said in a ...
Ola Electric eyes IPO filing by end-October in expedited listing plan
Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion in a recent fund raising ...