These comprised five properties in Singapore, Malaysia, and Japan that were all sold ... gross profit jumped 23% year on year as revenue growth outpaced the increase in operating and finance costs.
Singaporean businesses explore Long An’s investment environment
The Mekong Delta province of Long An is willing to create favorable conditions for Singaporean businesses to expand investment in the locality, especially in the fields of innovation, green energy ...
President Tharman: Singapore must seize the huge benefits of AI
SINGAPORE: President Tharman Shanmugaratnam addressed the World Leaders Forum at Columbia University on Tuesday (28... The post President Tharman: Singapore must seize the huge benefits of AI appeared ...
Shein IPO: What Investors Should Know About the Fast-Fashion Star
This fall, investors have been greeted by new stock issues from Birkenstock, Arm Holdings, and Instacart, and investors just got wind of the biggest debut of the new IPO season. Shein (pronounced ...
Singapore real income falls 2.3% this year as inflation lingers
Real median wage, which takes inflation into account, fell 2.3% this year while real income for lower earners fell 3%, according to the ministry’s Labor Force in Singapore advance release on Thursday.
Man sues woman after losing S$49,500 investment following hacking of trading platform, loses bid
The woman, a fellow investor, had also lost money in the scam. This audio is generated by an AI tool. SINGAPORE: A man who invested S$49,500 (US$37,100) on a purported Australian foreign exchange ...
Italy brings its strong suits to Singapore’s fintech expo
Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to the table. As the city-state continues to foster ...
Singapore net inflows hit $263.18m in 3Q23
The report covers the performance of all unit trusts and investment-linked insurance products (ILPs) included under the Central Provident Fund Investment Scheme (CPFIS) as of 30 September. According ...
Singapore’s net interest margins to peak in 2024: S&P
NPL ratio will remain below 2% and NIMs may peak at up to 2.2%. Singapore’s net interest margins (NIM) will peak in 2024 at 2% to 2.2%, according to S&P Global Ratings, with local banks’ lending ...
Singapore’s Keppel to buy Aermont Capital for $1 billion, expand into Europe
Singapore's Keppel Corporation on Wednesday (Nov 29) said its unit Keppel Capital Holdings will acquire all issued voting shares in European asset manager Aermont Capital in two tranches, for a ...
Shein IPO raises fresh questions on alleged forced labor in supply chain
As China-founded e-commerce behemoth Shein moves to list in New York, U.S. lawmakers are again calling on it to prove that forced labor is not used to make its $5 t-shirts and $10 sweaters. Shein ...
Singapore’s Keppel to buy Aermont Capital for $1 bln, expand into Europe
Keppel, backed by Singapore's state investment firm Temasek Holdings (TEM.UL), will finance the acquisition from various sources including unutilised banking facilities and internal cash resources, an ...
A Shein IPO will likely be one of the most contentious debuts in recent memory
Shein has plenty of enemies in Washington, D.C.—and they may throw a wrench in the company’s plans to go public.
Monetary Landscape of Singapore: Central Bank Chief Dismisses Role for Private Cryptocurrencies
The Chief of Singapore's central bank has unequivocally stated that private cryptocurrencies are unwelcome within the country's monetary framework ...
Wellington Management develops its Singapore wealth offering
Wellington Asia Quality Income Fund: The Wellington Asia Quality Income Fund, which is mainly involved in businesses that are based in or heavily engage in business in the Asia ex-Japan region, is ...
Singapore’s M&L Healthcare sells new diabetes-related treatment to Nasdaq firm for $334 million
M&L Healthcare is a family-owned investment fund founded by shipping tycoon Michael Kum and his wife Lynda. Read more at straitstimes.com.