SIA's revenue tripled to S$3.9 billion in the three months to June 30 and its quarterly operating profit of S$556 million was the second highest in the company's history. The airline has been ramping ... ( read original story ...)
Key MAS initiatives to boost sustainable finance
SINGAPORE - The Monetary Authority of Singapore (MAS) unveiled its sustainability report for this year on Thursday (July 28) and also announced new initiatives to help support transition finance as ... ( read original story ...)
Sub-sea cable firm OMSG mulls RM1.34bil IPO
SINGAPORE: OMS Group Sdn Bhd (OMSG), a company that installs cable underwater, is weighing a listing in Kuala Lumpur next year that could raise RM1.34bil, according to sources. The company is working ... ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty50 likely to open marginally lower today
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Wednesday's session in the red tracking weakness across global markets. Singapore Exchange (SGX) Nifty futures — an early ... ( read original story ...)
MarcumBP Expands to Southeast Asia with New Office in Singapore’s Marina Bay Financial Centre
MarcumBP (MBP) announced the opening of its new office in Singapore. The office will support its growing practice of clients from Southeast Asia seeking to access global capital markets through an ... ( read original story ...)
Singapore’s GIC reports 4.2% real returns, boosts inflation-proofing assets
Singapore's GIC, which achieved a 4.2% annualized 20-year return through March 31, has boosted alternatives to combat spiraling inflation. ( read original story ...)
GIC increases investments in inflation-resilient assets as 20-year annualised real return dips to 4.2% | Video
Singapore sovereign wealth fund GIC on Wednesday (Jul 27) reported a slight dip in returns for the last fiscal year and warned of a rapidly shifting investment landscape marked by “profound ... ( read original story ...)
Singapore allows ex-Sri Lankan President Gotabaya Rajapaksa to extend stay by 14 more days
Rajapaksa, 73, arrived in Singapore on July 14 on a 'private visit' from the Maldives after he fled his country to escape a popular uprising against his government's economic mismanagement. He first ... ( read original story ...)
GIC increases investments in inflation-resilient assets as 20-year annualised real return dips to 4.2%
Singapore sovereign wealth fund GIC says its diversified portfolio and cautious investment stance have helped to cushion its performance from the market correction that occurred in early 2022. ( read original story ...)
Singapore’s GIC Says 60/40 Portfolio Starting to Restore Value
The traditional 60/40 portfolio -- alleged by some investors to be dead -- is regaining some of its luster as bonds start to offer more value, according to Singapore’s sovereign wealth fund GIC Pte. ( read original story ...)
Republic Power Group Starts U.S. IPO Effort
Republic Power Group Limited has filed to raise expansion capital in a U.S. IPO. Read more about Republic Power stock's IPO here. ( read original story ...)
Eng’s wanton mee founder’s daughters win trademark dispute, rival’s challenge dismissed
Follow us on Telegram for the latest updates: https://t.me/mothershipsg The Eng's wanton mee drama continues, this time with a victory for the daughters of the founder, Ng Ba Eng. In the latest twist ... ( read original story ...)
Singapore’s FOMO Pay partners with Ripple for XRP-based treasury payments
FOMO Pay will partner with Ripple, the San Francisco-based blockchain payments company, to utilize its XRP-based tool that enables instant low cost settlement without the need to hold pre-funded ... ( read original story ...)
Elon Musk and Tesla in Singapore: 8 things you may not know
Tesla's CEO Elon Musk is in the news over an alleged affair with the wife of Google's co-founder. But did you know Musk and Tesla have been making waves in Singapore for a while? ( read original story ...)
Singapore looks to drive green fintech development with Google Cloud partnership
Point Carbon Zero Programme will shortlist 100 fintech applications that address climate finance challenges, which then will be developed and tested on Google's open source cloud platform. ( read original story ...)
Temasek’s US$290 billion fund helping make tiny Singapore an agricultural powerhouse
Temasek Holdings Chief Executive Officer Dilhan Pillay runs a US$290 billion state-owned investment empire. But every quarter he spends up to two hours chatting to a man in Indonesia about fish. ( read original story ...)