Investors are increasingly paying attention to the Southeast Asian region. With growth potential and a positive outlook, there continues to be an influx of foreign direct investment into the region.
Singapore’s US$2 billion fintech Nium eyes US IPO in two years
Singapore payments company Nium Pte aims to break even in time for a US initial public offering within two years, a positive signal for Southeast Asia’s struggling startup ecosystem.
Singapore’s MAS posts $23 billion net loss
The Monetary Authority of Singapore's loss for the year ended March 31 marks the central bank's second consecutive year of net losses.
MAS to adjust tax incentives to encourage single family offices to invest ‘more purposefully’ in Singapore
The changes include recognising a broader range of investments in Singapore as well as overseas climate-related investments.
MAS posts record net loss of S$30.8 billion amid rise in Singapore dollar, higher interest expenses
MAS says it made a “small” investment gain on the country’s official foreign reserves but this was outweighed by a rising Sing dollar and higher interest expenses.
(June 2023 Results) How i would invest in the singapore stock market if i had 100k of spare money
The rest of the stock had relatively lesser movements in terms of %. On the results / business updates front, there is nothing much to report as there is no results release in June. YTD, the STI ...
Singapore’s fight against inflation still on amid uncertain growth outlook -central bank
Singapore’s fight against inflation still on amid uncertain growth outlook -central bank By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank warned on Wednesday of weak near-term growth for ...
Live news: Singapore’s economic outlook has ‘dimmed’, says central bank chief
“Inflation appears to have peaked globally though there is uncertainty over how quickly inflation will return to targets,” said Ravi Menon, managing director of the Monetary Authority of Singapore, in ...
Singapore’s Central Bank Posts Record Annual Net Loss
Singapore’s central bank posted a record annual loss due to the currency-translation effects of a stronger Singapore dollar and high interest expenses from mopping up excess liquidity in the banking ...
MAS broadens tax incentives to encourage single family offices to invest in Singapore
THE Monetary Authority of Singapore (MAS) is expanding its scope of tax incentives for single family offices (SFOs) in Singapore to encourage them to deploy capital in the country more purposefully ...
International law firms double down on Singapore expansion
Driven by the continued flow of institutional money and private wealth into Singapore, firms are betting big on the Lion City ...
Singapore and India bourses’ NSE IX-SGX GIFT Connect goes live
The NSE IX-SGX GIFT Connect became fully operational on July 3, and recorded more than US$8 billion of open interest in US dollar GIFT Nifty futures and over $1 billion open interest in Nifty options ...
Sky-High Prices Make Singapore the Costliest Luxury City, New York and Miami in Top 10
With over 5.5 million people, Singapore residents pay the highest for rent, housing, school fees, insurance, taxes on cars, and general living costs.
Singapore’s GIC, Genus Power Infra to invest $2 billion in smart meter projects
Singapore’s sovereign wealth fund GIC and Genus Power Infrastructures have agreed to set up a joint venture platform to fund smart metering projects and have committed to invest $2 billion for the ...
Singapore’s $2 Billion Fintech Nium Eyes US IPO in Two Years
Singapore payments company Nium Pte aims to break even in time for a US initial public offering within two years, a positive signal for Southeast Asia’s struggling startup ecosystem.
Singapore’s ‘Greedflation’: The island-state’s power squeeze is tighter than its housing crunch
Singapore's landlords may be able to squeeze out a few more quarters of rent increases before enough new housing supply gives tenants a semblance of bargaining power. Meanwhile, the wholesale power ...