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 ...
Asia Oil & Gas Latest: Refining ‘Crying Out’ for Investment
which entered its second day in Singapore. Attendees at APPEC by S&P Global Commodity Insights will also have an opportunity to reflect on Russia’s war in Ukraine, and the transition away from fossil ...
What Singapore’s Osim learnt from a US$77m deal setback
After Singapore entered a recession in 1985 ... and cardiothoracic surgeon Professor Thomas Burdon for the uDream Pro Well-Being Chair – and investing in new technologies will enable Osim to help its ...
Finally cracking the US market: What Singapore’s Osim learnt from a US$77m deal setback
After Singapore entered a recession in 1985 ... and cardiothoracic surgeon Professor Thomas Burdon for the uDream Pro Well-Being Chair – and investing in new technologies will enable Osim to help its ...
IPO Roundup: Arm Holdings, Prospect Energy Holdings and more
The U.S. IPO market is gaining momentum as fall approaches, with growth stocks performing well in 2023 amid lower inflation and AI hype. In August, 16 companies filed for IPOs, with Arm (ARM) filing ...
Singapore’s WealthGreen to Launch Innovative Carbon Credits App to Tackle Climate Change
Singapore-based WealthGreen disrupts sustainable investing with its new app, allowing retail investors access to the burgeoning carbon credits market. Telok Ayer St, Singapore--(Newsfile Corp. - ...
APPEC-Trafigura exec: market sees $72-$88 as fair price for oil
The market sees the fair price for oil at $72 to $88 per barrel, Ben Luckock, co-head of oil trading at global commodities trading firm Trafigura, told the APPEC conference on Monday.
Jail for man who got 25 people to transfer $1.28m to him for ‘investments’
Ong Ka Yong, 36, ran his scheme for more than a year from April 2020 until he turned himself in. Read more at straitstimes.com.
Interest rises for Singapore’s businesses
Vietnam and Singapore have upgraded their bilateral connectivity framework agreement to include new areas, making it more favourable for businesses of both nations to intensify trade and investment ...
Singapore Central Bank Chief Menon to Retire; Chia Is Successor
Ravi Menon, the Monetary Authority of Singapore’s longest-serving chief, will to leave the central bank at the end of the year and will be succeeded by Chia Der Juin.
Singlife revamps investment platform to GROW
The platform was previously Navigator Investment Services. Singlife’s investment platform, Navigator Investment Services, has rebranded to GROW. Navigator originated as an investment platform in ...
IFC’s Singapore Commitments Reach Record $1.2 Billion on ESG: BT
International Finance Corp.’s annual financial commitments to Singapore crossed $1 billion for the first time as businesses in the city-state pursued more environmental, social and governance ...
Ex-deputy PM new president of Singapore
a sociologist at the National University of Singapore. The candidate of the ruling People's Action Party, Tharman Shanmugaratnam, a former deputy prime minister and finance minister, won the three-way ...
Singapore looking at ways to manage investments to safeguard economic resilience, national security
The move comes as countries around the world seek to limit foreign investments to protect national assets and critical industries. Read more at straitstimes.com.