Investors in the IPO included some of Arm’s biggest customers. The company set aside more than US$700 million of its stock for Intel Corp., Apple Inc., Nvidia Corp., Samsung Electronics Co. and Taiwan ...
Fewer job vacancies in Singapore in Q2 2023, fall from peak in Q1 2022
SINGAPORE — The number of job vacancies declined for the fifth consecutive quarter to 87,900 in the second quarter of 2023, according to the Ministry of Manpower's (MOM) second-quarter 2023 labour ...
Singapore government says report on rising minimum income standards ‘may not be accurate reflection of basic needs’
A report on minimum household income required amid inflation “may not be an accurate reflection of basic needs”, and its findings should be interpreted instead as “what individuals would like to have” ...
Singapore’s resident employment falls for the first time in 3 years
The Ministry of Manpower said employment growth in some sectors was offset by a drop in the number of people working in retail trade and food and beverage services. MOM attributed the contraction to ...
S’pore proptech start-up Simpple eyes global expansion after US IPO
Singapore property start-up Simpple listed on Nasdaq exchange in the United States on Wednesday as part of ambitious global expansion plans. Read more at straitstimes.com.
Singapore proptech start-up Simpple lists on Nasdaq, prices IPO shares at US$5.25 apiece
The Singapore-based company said it has raised about $11.4 million from the flotation. Read more at straitstimes.com.
Singapore reaping rising investment from India, China, Southeast Asia – official
Singapore has seen increasing investments from India, China, and Southeast Asia in recent years even as the U.S. remains its largest investor, its investment chief said on Thursday.
Singapore’s Bayfront prices $410 million infrastructure asset-backed securities
(Reuters) - Singapore-based Bayfront Infrastructure Management has ... it added. Asian Infrastructure Investment Bank (AIIB), one of the world’s largest multilateral development institutions, ...
Tiger Brokers affiliate, Tiger Fund Management, launches in Singapore with $300 mil AUM
Tiger Fund Management will offer asset management products and wealth management services to individuals and businesses.
Singapore’s central bank imposes 9-year ban on Three Arrows founders
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has imposed nine-year prohibition orders on Kyle Davies and Zhu Su, co-founders of the crypto hedge fund Three Arrows Capital (3AC) ...
RIL shares in focus on report Reliance Retail in talks with Gulf, Singapore funds for $1.5 billion investments
Reliance Industries this week said global investment firm KKR, through an affiliate, will invest Rs 2,070 crore into RRVL and increase its stake to 1.42 per cent. The investment valued RRVL at a ...
SGX total securities market down by 2.88% y-o-y to $23.6 bil in August
For the first eight months of the year, the STI’s total return stands at 3.8%. The Singapore stock market saw net institutional inflow of $408 million and net retail inflow of $600 million in August.
Singapore Bourse May Hand Back Wednesday’s Gains
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of ...
Singapore proptech company Simpple prices IPO shares at US$5.25 apiece
PROPTECH company Simpple has priced some 1.6 million ordinary shares for its initial public offering (IPO) at US$5.25 apiece. Read more at The Business Times.
Wealthy here should contribute to society, adhere to Singapore’s norms: DPM Wong
THE wealthy who park their funds in Singapore should contribute to society through taxes and philanthropy, and adhere to the country’s norms against ostentatious displays of wealth, said Deputy Prime ...
Reliance Retail in talks with Gulf, Singapore funds for $1.5-bn investment: Report
Mukesh Ambani-controlled Reliance Retail is reportedly in talks with existing investors including the sovereign wealth funds of Singapore, Abu Dhabi and Saudi Arabia for another round of investments ...