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Posted on 17/07/2023

Singapore key exports extend slump; analysts cautious on prospect of recovery this year

The drop was slightly less than the 15.6 per cent fall forecast by analysts in a Bloomberg poll. Read more at straitstimes.com.

Posted on 17/07/2023

Singapore Airlines Limited (SGX:C6L) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Singapore Airlines (SGX:C6L) has had a great run on the share market with its stock up by a significant 29% over ...

Posted on 17/07/2023

Chart of the Day: How did Singapore’s IPO market perform in 1H23?

Data from EY showed that Singapore only had 3 IPOs year-to-date. The number of IPOs in Singapore fell 50% YoY in 1H23, data from EY showed. According to EY’s report, Singapore only had three IPOs year ...

Posted on 16/07/2023

Ex-GIC investment boss Ng Kok Song mulls bid for Singapore presidency

Ng Kok Song, the former chief investment officer of Singapore sovereign wealth fund GIC Pte, is considering standing in the city-state’s upcoming presidential election.

Posted on 16/07/2023

4 Singapore Listed Stocks That Temasek Has Invested In

Within Temasek’s total portfolio (both listed and unlisted assets), 28% of its assets are in Singapore. In this week’s edition of 4 Stocks This Week, we take a closer look at some of the ...

Posted on 16/07/2023

Ex-GIC Investment Boss Ng Mulls Bid for Singapore Presidency

Ng Kok Song, the former chief investment officer of Singapore sovereign wealth fund GIC Pte, is considering standing in the city-state’s upcoming presidential election.Most Read from ...

Posted on 15/07/2023

What to know about the hotel billionaire ensnared in Singapore’s graft probe

Malaysian property tycoon and hotelier Ong Beng Seng, 77, and Transport Minister S. Iswaran were arrested on July 11 and released on bail, the anti-graft agency said late Friday. The case is the most ...

Posted on 14/07/2023

Carsome waiting for ‘right timing’ for IPO; will launch sales of new EVs: CEO

KUALA LUMPUR] E-commerce platform Carsome is waiting for the “right timing” to revive its dual-listing plans on the Nasdaq in the US and the Singapore Stock Exchange, said chief executive officer Eric ...

Posted on 14/07/2023

Who Is Ong Beng Seng, the Billionaire Caught Up in Singapore’s Historic Corruption Probe?

Singapore’s most serious political graft probe since the 1980s has ensnared a billionaire best known for bringing Formula One racing to the city and who has political ties that go back decades.

Posted on 14/07/2023

Singapore Expands Graft Probe to Include Hotel Tycoon Ong

A rare Singapore graft probe involving a cabinet minister widened Friday after a property and hotel tycoon was issued a notice of arrest in connection with the case.

Posted on 14/07/2023

Four individuals imprisoned in Singapore for market-rigging scheme

Four Singapore individuals have been sentenced for manipulating Koyo International Limited's share prices, resulting in approximately $3.28 million losses.

Posted on 14/07/2023

Singapore’s Economy Grew at Faster Pace in Second Quarter

SINGAPORE--Singapore's economy grew at a faster pace in the second quarter, as strong expansion in construction and services-producing industries outweighed a contraction in manufacturing.

Posted on 14/07/2023

Singapore narrowly avoids technical recession in Q2 as GDP grows 0.7% year on year, 0.3% quarterly

SINGAPORE’S economy grew 0.7 per cent year on year in the second quarter of 2023, dragged by a deeper downturn in the manufacturing sector, advance estimates from the Ministry of Trade and Industry ...

Posted on 14/07/2023

Singapore’s State-Owned Investment Firm Vertex Venture Holdings Raises Over $900M For Its Latest Fund

Temasek Holdings Ltd., Singapore's state-owned investment firm, has raised over $900 million via its venture capital unit — Vertex Venture Holdings — for its latest fund, as reported by Nikkei Asia.

Posted on 13/07/2023

GSK’s Tuas vaccine facility is Singapore’s largest after over $300m investment added: Gan Kim Yong

SINGAPORE - The expansion of British drugmaker GSK’s facility at Tuas has earned the title of Singapore’s largest vaccine production site based on a cumulative investment of some $850 million, said ...

Posted on 13/07/2023

Senco Gold IPO grey market premium rises after allotment; check latest GMP

The Rs 405-crore IPO of Senco Gold was overall subscribed 77.25 times. The issue was open for subscription between July 4-6 in the price range of Rs 301-317 per share.

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