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Tag: ipo

Posted on 26/04/2023

Singapore emerges top capital source from Asia-Pacific to the US, driven by M&A deals by GIC: Knight Frank

US$12.5 billion was invested in the US and Canada, which accounted for 90% of the total Asia-Pacific capital inflow. Read more at straitstimes.com.

Posted on 26/04/2023

Singapore Shares May See Further Damage On Wednesday

The Singapore stock market on Tuesday ended the modest two-day winning streak in which it had risen more than 10 points or 0.3 ...

Posted on 26/04/2023

S’pore SMEs lead S-E Asia in tech spending; Asean to invest $173.6 billion in the next three years

Smaller firms in Singapore, Indonesia, Malaysia, Thailand and Vietnam are set to spend $173.6 billion on technology – a 70 per cent increase over the next three years, noted a new report. Read more at ...

Posted on 26/04/2023

Singapore stocks struggle for direction amid uncertain outlook

Mixed messages from the United States overnight gave traders here little to go on yesterday and left the local market on an even keel. Read more at straitstimes.com.

Posted on 26/04/2023

UOB to invest S$500 million to build global technology and innovation centre

UOB is to invest S$500 million to build a new global technology and innovation centre in Singapore's Punggol Digital District (PDD) ...

Posted on 26/04/2023

Alipay continues regional expansion strategy as speculation of IPO plans begin to resurface

Ant Group is continuing to grow its Alipay+ digital payment service across Asia, with a significant new deal integrating it into Singapore’s unified QR system, as speculation about its much-lauded IPO ...

Posted on 26/04/2023

IPO screener: Mankind Pharma subscribed 0.14 times at end of Day 1

The ₹4,326-crore initial public offering of Mankind Pharma Ltd, which opened for subscription on Tuesday, was subscribed 0.14 times or 14 per cent on Day 1. The issue comes at a price band of ₹1,026-1 ...

Posted on 26/04/2023

Singapore to produce a steady pipeline of emerging tech start-ups

The Agrifood sector accounted for the largest proportion of emerging tech companies incorporated in 2022, reports SGInnovate.

Posted on 26/04/2023

Dollar, yen buoyed as US banking sector fears put safe-havens back in vogue

The U.S. dollar and the yen, both safe haven assets, were mostly steady after spiking higher overnight as renewed concerns over the U.S. banking sector and economy dented risk sentiment. The dollar ...

Posted on 26/04/2023

Singapore, Shanghai ink record 15 deals

Local companies have deepened ties with their Shanghai counterparts, with the signing of a slew of agreements across a broad swathe of sectors as bilateral trade rose.

Posted on 26/04/2023

Syfe allies with US-based investment management firm for unique offering

Monthly payouts range between 4.0% to 6% per annum. Singaporean digital wealth manager Syfe has announced Syfe Income+. Powered by US-headquartered PIMCO, Syfe utilises a distinct portfolio ...

Posted on 26/04/2023

Singapore hospitality players to expand globally in 2023 and beyond

The Ascott Limited and Frasers Hospitality aim to capitalise on demand for travel as pandemic curbs ease. Read more at straitstimes.com.

Posted on 25/04/2023

GXS Bank launches flexi loans from as low as S$200 with tenure as short as 2 months

GXS Bank has launched a flexible loan product targeted towards individuals with difficult access to credit facilities. Find out more.

Posted on 25/04/2023

Singapore stocks fall amid weak regional sentiment

The Straits Times Index (STI) fell 0.8 per cent, or 27.99 points, to 3,296.56 on Tuesday amid weak market sentiment in the region. Read more at straitstimes.com.

Posted on 25/04/2023

Shanghai, Singapore Ink Record 15 Agreements as Bilateral Trade Grows

Local companies deepened ties with their Shanghai counterparts on Monday, with the signing of a slew of agreements across a broad swathe of sectors as bilateral trade rose. According to official data, ...

Posted on 25/04/2023

Former assistant finance manager jailed for embezzling S$5.1 million from company

SINGAPORE: A former assistant finance manager of an IT equipment company was sentenced to 10 years' jail on Tuesday (Apr 25) for embezzling S$5.1 million (US$3.8 million) from his firm. Singaporean Ho ...

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