The Singapore stock market has moved lower in consecutive trading days, slumping more than 15 points or 0.5 percent along the way.
IPO-Bound Ola Electric Bags $140 Mn At $5.4 Bn Valuation From Temasek, Others
Ola Electric has signed an agreement to raise $140 in a funding round led by Temasek with participation from other existing investors.
Global Investor Programme: We Simplify Singapore’s Golden Visa
It is probably for this reason that the country introduced the Singapore Global Investor Programme (GIP) in 2004, a perfect platform for a non-Singaporean individual to make the city-state their home.
Jupiter Life Line Hospitals IPO: Check day 1 subscription details, latest GMP
J upiter Life Line Hospitals Ltd witnessed strong demand on the first day of its initial public offering. The subscription period began on September 6, 2023, and will conclude on September 8, 2023.
Singapore tax collection up 13.1% to S$68.6 billion in FY22/23, reflects post-Covid recovery
SINGAPORE’S tax revenue for financial year FY 2022/2023 rose 13.1 per cent to S$68.6 billion compared to the year before, reflecting the economic recovery following the end of the Covid-19 pandemic, ...
Singapore well-positioned to weather LNG supply disruption risks, says Shell
The liquified natural gas (LNG) market remains tight but Singapore’s long-term contracts with reliable suppliers should ensure there are no shortages, noted a leading energy sector executive. Read ...
SoftBank’s Arm seeks to raise up to US$4.87 billion in anticipated IPO
Arm will offer 95.5 million American depositary shares for US$47 to US$51 each, the company said in a filing Tuesday.
Singapore bank DBS raises $1.5 bln in two US dollar bond tranches-term sheet
Singapore's DBS Group has raised $1.5 bln in two U.S. dollar bond tranches, according to a term sheet reviewed by Reuters.
Green Finance: 2 newly launched Hong Kong-based registries to boost carbon credits trade in Asia, founders say
Two Hong Kong-based and Asia-focused carbon registries launched recently will help to lower barriers for the trading of credits claimed by projects aimed at reducing greenhouse gas emissions in the ...
Economists Cut Singapore 2023 Growth Forecast, MAS Survey Shows
SINGAPORE--Experts surveyed by Singapore's central bank again ... They cut growth forecasts for the finance and insurance sector to 0.7% from 1.3%, and for the construction sector to 6.8% from 7.0%.
GASTECH-Natural gas market better supplied this winter, Chevron exec says
SINGAPORE, Sept 5 (Reuters) - The natural gas market is better supplied heading into this winter compared with last year amid fairly high stock levels, Colin Parfitt, Chevron's president of midstream, ...
Singapore’s New President Does Not Imply a Mandate for the PAP
Tharman Shanmugaratnam’s landslide victory may seem like an endorsement of the ruling People’s Action Party (PAP), but is better seen as a reflection of his personal popularity.
Singapore-based Evergreen Group Holdings to invest $7.5m in K-Pop company Attrakt
Singapore-based Evergreen Group Holdings has revealed plans to invest about 10 billion South Korean won (approx. USD $7.5 million) in K-Pop entertainment agency Attrakt. That’s according to multiple ...
Singapore Narrowly Averts Recession In First Half Of 2023
GDP estimate for 2023 was revised down to 0.5% yoy compared with the advance estimate of 0.7% yoy. The service sector economy is expected to be more resilient, boosted by the continued recovery of ...
Singapore shares fall amid declines across Asia-Pacific, STI down 0.4%
Losers outnumbered gainers 286 to 274 as 1.2 billion shares worth $656.2 million changed hands. Read more at straitstimes.com.
Ryde Group Ltd. Files For $17 Million U.S. IPO
Summary Ryde Group Ltd. has filed for an IPO to raise $17.25 million in gross proceeds. The Singapore-based firm operates a platform for car-pooling and ride-hailing services. Ryde is experiencing ...