WHAT humankind feared the most about AI is catching up. Singapore’s biggest bank says it will be laying off 4,000 people over the next three years. This is beca ...
Father-Son Feud Plunges Singapore’s Richest Clan Into Crisis
An alleged boardroom coup attempt, a lawsuit between a family patriarch and his son, and accusations of corporate governance lapses — even by the standards of Asian succession drama, the family feud ...
Basel Medical opens at $4.19, IPO priced at $4 per share
Basel Medical (BMGL) filed for an initial public offering of 2.205M ordinary shares. Cathay Securities is acting as the underwriter for this ...
Singapore equities climb 6% on gains in finance, telecom sectors: FTSE Russell
Singapore’s equity market delivered a 6.0% return, outperforming its ASEAN peers. Singapore’s strong equity performance, driven by Financials, Telecom, and Utilities, reflects robust market sentiment, ...
Singapore’s Mapletree wins land tender, adds Tsing Yi logistics site to Hong Kong assets
Hong Kong has awarded Singapore’s Mapletree Investments a 50-year land grant to a parcel of land in the New Territories for about HK$3.68 billion (US$473 million), according to the Lands Department on ...
Fund managers welcome MAS’ $5b boost for stock market; SGX shares up nearly 4%
But they said they would still have to look at liquidity and fundamentals, especially those of smaller stocks. Read more at straitstimes.com.
Budget Brief: Singapore Defense Budget Growth Continues
Singapore’s defense budget is set to increase by double digits for the fourth time in five years in 2025 as the city-state responds to a deteriorating global security environment. According to the ...
Singapore banks complete interest rate benchmark transition to SORA
The SORA market has since grown to more than $3 trillion in outstanding derivatives, bonds, and loans, comparable to the size of the SOR and SIBOR market before the start of the transition exercise.
Daily Cuts – A 5 billion dollar shot in the arm of the Singapore equities market
Singapore Today's Daniel Martin and Susan Ng speak with Neil Parekh, a member of the Equities Market Review Group set up by MAS, and Shane Chesson, Founding Partner at Openspace Ventures, on a 5 ...
Singapore’s S$5 Billion Stock Plan to Drive Flows, Analysts Say
Singapore’s plan to lift local equities by investing S$5 billion ($3.7 billion) with fund managers is seen as a good start, while regulatory shifts will allow a wider range of companies to seek ...
Singapore Inflation Slows, Core Measure Hits Lowest Level Since Mid-2021 — Update
The Monetary Authority of Singapore in January loosened its policy settings for the first time since early 2020. A continued slowing in core inflation may back the case for the central bank to further ...
Singapore’s Olam Sells Agribusiness Unit To Saudi Fund In Deal Valued At $4 Billion
Olam Group—backed Singaporean tycoon Sunny Verghese—is selling its remaining stake in its agribusiness unit to Saudi Agriculture and Livestock Investment Company in a deal valued at $4 billion.
Singapore announces tax rebates, $3.7 billion program to boost stock market
Singapore announced on Friday a set of measures to rejuvenate its equities market, including a 20% tax rebate for primary listings and a S$5 billion ($3.74 billion) program that focuses on investing ...
Singapore unveils S$5 billion boost for fund managers, other moves to revive equities market
SINGAPORE’S capital markets look set to receive a liquidity boost, following the announcement on Friday (Feb 21) of a S$5 billion investment initiative by a review group led by the Monetary Authority ...
Singapore’s S$5 Billion Stock Plan Is Not Enough, Analysts Say
Singapore’s plan to boost local equities by investing S$5 billion ($3.7 billion) with fund managers is seen as a good start, though analysts say the move is unlikely to give the broader market a ...
Singapore Exchange Shares Rise After Central Bank Unveils Measures to Boost Equities Market
Singapore Exchange shares rose Monday morning after the country's central bank unveiled measures aimed at boosting the local equities market. Shares were recently 6.25% higher at 13.60 Singapore ...