The Competition and Consumer Commission of (CCCS) is inviting public feedback on the proposed merger of the nation’s leading offshore and marine companies of Sembcorp ... ( read original story ...)
Southeast Asia’s largest bank says wealth management, capital markets business face challenges
"Business momentum is a bit mixed. Our corporate lending activities are actually doing quite well. And so the balance sheets continue to grow," DBS Group CEO Piyush Gupta said. ( read original story ...)
Tiger Brokers (Singapore) Welcomes Azimut Investment Management on Institutional Platform
Azimut Investment Management is one of the largest External Asset Managers (EAM) in Singapore Onboarding allows for second-generation high net worth young investors to transact on Tiger Brokers' ... ( read original story ...)
China’s State Grid to invest $22 billion in ultra high voltage power lines – report
China's State Grid plans to invest more than 150 billion yuan ($22 billion) in the second half of 2022 in ultra high voltage (UHV) power transmission lines, state media Xinhua News reported on ... ( read original story ...)
China’s Wuxi Biologics Moving Big In Singapore
China's WuXi Biologics has announced a 10-year investment plan aimed at establishing a world-class pharmaceutical contract manufacturing center i ... ( read original story ...)
China’s State Grid to invest $22 bln in ultra high voltage power lines -report
China's State Grid plans to invest more than 150 billion yuan ($22 billion) in the second half of 2022 in ultra high voltage (UHV) power transmission lines, state media Xinhua News reported on ... ( read original story ...)
5 Singapore businesses tried to profiteer using GST rise as excuse: Gan Kim Yong
Five businesses were alleged to have used the GST increase as an excuse to increase the prices of essential products and services, said Minister for Trade and Industry Gan Kim Yong. In a written reply ... ( read original story ...)
Singapore’s OCBC Shares Hit 3-Mth High on Stellar Quarterly Results
Investing.com-- Shares of Oversea-Chinese Banking Corp (SGX:OCBC) hit a three-month high on Wednesday after Singapore’s second-largest bank logged strong growth in its second-quarter profit. As of ... ( read original story ...)
Asia-focused SPAC Catcha Investment 2.0 withdraws $250m US IPO
Catcha Investment 2.0, the second blank cheque company formed by Singapore-based internet investment firm Catcha Group, has filed to withdraw its plans to raise $250 million in an initial public ... ( read original story ...)
Rising Interest Rates and Returns for Singapore Savings Bonds (SSB) — Should You Start Investing In It?
With the increased attention toward personal assets, people are looking to strengthen their portfolios by investing in low-risk bonds. Learn more about Singapore Savings Bond (SSB), a bond with a ... ( read original story ...)
Singtel adds $100M to startup investment arm
Singapore telco pumps another $100 million into its VC arm Innov8 to expand its investment portfolio across Southeast Asia, China, Australia, Israel, and the US. ( read original story ...)
How Singapore is trying to cool itself down
The temperature had reached 86 degrees and was climbing. Humidity was measured at 75%. Sunshine glinted off the tall buildings.'Fourteen volunteers, six ... ( read original story ...)
Funding Digest: Axcynsis Therapeutics receives $10m, Leap Finance gets $15m
Singapore-based biotech startup Axcynsis Therapeutics and edtech firm Leap Finance have received fresh money as part of their earlier announced funding rounds, according to ACRA filings accessed by ... ( read original story ...)
MAS loss of S$7.4 billion does not affect investment performance: Lawrence Wong
Why was there a loss, and why won't it affect investment performance? Finance Minister Lawrence Wong explains. ( read original story ...)
Singtel to invest $137.7m more to Singtel Innov8
This will enable Innov8 to expand its portfolio of investments. Singtel is planning to invest an additional $137.7m (US$100m) in its corporate venture arm, Singtel Innov8, bringing its total capital ... ( read original story ...)
Finance, tech firms drive Singapore office demand in H1
They accounted for over half of leasing activity in the CBD. Office demand in Singapore is being driven by the financial and technology sector as firms from these segments accounted for over half or ... ( read original story ...)