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Tag: ipo

Posted on 15/11/2023

Singapore’s Temasek, Saudi PIF take contrarian view on China, raise bets on consumer stocks as other foreign investors flee

Two of the world’s biggest state owned investors have poured money into China’s consumption stocks during the third quarter, at a time when Western investors are retreating over growth concerns and ...

Posted on 15/11/2023

China central bank boosts liquidity injection through policy loan, rate unchanged

China's central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. Market participa ...

Posted on 15/11/2023

YY Group Holding Aims For Micro-IPO

YY Group Holding, an online job placement and cleaning service company, files for a micro-IPO to raise $6.75 million. Read more to see our analysis on YYGH IPO.

Posted on 14/11/2023

Five nabbed in anti-scam operation by police, DBS bank, $680k seized

Another 47 people are under investigation for their suspected involvement in scams. Read more at straitstimes.com.

Posted on 14/11/2023

Japanese yen may strengthen against the Singapore dollar next year: Analysts

The Japanese yen sank lower against the Singapore dollar this week, after reaching its weakest since 1985 earlier this month.

Posted on 14/11/2023

Harnessing the power of Singapore fintech to drive sustainability

New regulations for data and mandatory reporting are acting as a catalyst for making the country a regional ESG hub, a key topic at this week's Singapore Fintech Week.

Posted on 14/11/2023

New initiative called Universal Trusted Credentials to help MSME better access finance launched: UNDP, MAS and partners

The UTC proposes a framework that assesses an MSMEs financing worthiness based on traditional and alternative data sets.

Posted on 14/11/2023

World Bank’s IFC names country manager for Singapore, Malaysia and Brunei

THE International Finance Corporation (IFC), the World Bank’s investment arm, has appointed Katia Daude Gonçalves as country manager for Singapore, Malaysia, and Brunei, it said on Tuesday (Nov 14).

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 ...

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