Singapore's Temasek Holdings and Brazil's Votorantim group teamed up to launch a US$700 million (S$965 million) fund to invest in Brazilian companies, they said in a joint statement on Tuesday (Aug 9) ... ( read original story ...)
IPO Update: T20 Holdings Finalizes Proposed IPO Plans
T20 Holdings has filed proposed terms for a $20 million U.S. IPO. Read why I'm on hold for TWEN's IPO given the firm's downward trajectory. ( read original story ...)
Singapore regulator reiterates crypto dangers amid Hodlnaut woes
Cryptocurrency investment is “highly hazardous” but meltdowns in the sector have not created financial-stability risks for Singapore, regulators in the city-state said after another digital-asset firm ... ( read original story ...)
Singapore’s PIL rebounds from three years of red ink with profit of $2.6bn
Singapore's (PIL) has opened its books to reveal profits of $2.6bn for its 2021 financial year, a massive leap from the $44.7m loss it incurred in 2020. During 2021, PIL registered income of more than ... ( read original story ...)
Singapore’s Keppel Land to buy 1 million sq ft in Piramal Realty’s office project for Rs 1,200 crore
Keppel Land has already signed the term sheet to acquire nearly 1 million sq ft of commercial real estate spread across a total six entire floors in this multi-tenanted tower. The transaction will ... ( read original story ...)
Strong prospects ahead for Vietnam – Singapore co-operation
VOV.VN - There remains plenty of room for Vietnam and Singapore to boost their economic, commercial, and investment ties on the back of the positive development of the strategic partnership that ... ( read original story ...)
Money Talks – S1E5: Is having and raising children too expensive in Singapore? | EP 5
By some estimates – and depending on who you ask – the cost of raising a child in Singapore can be as high as half a million Singapore dollars for one child. How do we balance needs and wants and can ... ( read original story ...)
upGrad Closes Investment Round of USD 210 Million
Aug 8, 2022--upGrad, Asia’s higher edtech major, has announced a fresh round of fundraise from marquee investors and Family Offices who join the ... ( read original story ...)
Singapore based crypto lender Hodlnaut halts withdrawals amidst crisis
Hodlnaut informed users that withdrawals, token swaps and deposits are halted immediately. The Singapore based financial services platform withdrew their MAS license application and ceased all ... ( read original story ...)
Singapore: Retail Sales seen expanding 9.0% in 2022 – UOB
Alvin Liew, Senior Economist at UOB Group, comments on the release of Retail Sales figures in Singapore. Key Takeaways “Singapore’s retail sales declined by -1.4% m/m, followi ... ( read original story ...)
Singapore Crypto Platform Hodlnaut Suspends Withdrawals
The platform, whose LinkedIn page claims $500 million in assets under management, is the latest in a lengthening line of crypto asset managers to have been caught out by the sharp drop in Bitcoin and ... ( read original story ...)
Singapore’s safe haven status amplified as geopolitical risks rise
IN a post-pandemic world that is seeing increasing geopolitical tensions and uncertainties, Singapore has solidified its status as a safe harbour for wealthy investors navigating turbulent seas. Read ... ( read original story ...)
Singapore-based crypto lender Hodlnaut suspends withdrawals
Hodlnaut, a Singapore-based crypto currency lender and borrower has suspended withdrawals, swaps and deposits, the company said on Monday, the latest sign of stress in the cryptocurrency industry. ( read original story ...)
Singapore stock preview: OCBC, Sembcorp Industries, Lendlease
Oversea-Chinese Banking Corp Ltd (OCBC) share price opened at S$12.25 on Monday (8 August 2022) Sembcorp Industries Ltd share price rallied 3.6% to kick start the week; Lendlease ... ( read original story ...)
Finalto adds SGISGD – MSCI Singapore Index for exposure to “roaring Asian tiger”
Finalto has added SGISGD - MSCI Singapore Index to its trading platforms in a milestone move in the fintech's expansion into the Asia market. ( read original story ...)
Over $2.7 bn infrastructure projects listed on Singapore Online Portal
An infrastructure project online portal that connects government, developers, and financiers was launched by Infrastructure Asia, a platform set up by Enterprise Singapore and Singapore's Central Bank ... ( read original story ...)