Abu Dhabi state fund Mubadala Investment Company confirmed on Wednesday that it has acquired a strategic stake in Singapore-based AirCarbon Excha ...
Singapore’s bank DBS to open office in Dhaka
Singaporean bank DBS yesterday announced that it will be expanding its regional footprint with the establishment of a representative office in Dhaka.
How local employees at this global bank gain from being youth mentors
About 40 volunteers from the bank’s Singapore office connect with 30 to 40 students every year in the programme. It is “a good take-up rate”, says Ms Green. Students would meet with their Credit ...
Ngee Ann Poly alumni commit $500,000 in new angel investment network to support student entrepreneurs
SINGAPORE - Ngee Ann Polytechnic (NP) students who are keen on growing their businesses can now get funding from alumni who are accomplished entrepreneurs. Read more at straitstimes.com.
Singapore’s Temasek to write down over US$200 million in FTX
SINGAPORE – Singapore’s state-owned investor ... of the situation said SoftBank Group Corp. is expecting a loss of around US$100 million on its investment. A Temasek representative declined to comment ...
Singapore Market falls 0.28%
At closing bell, the Straits Times Index (STI) index fell 9.11 points or 0.28% to 3,266.77 after trading between 3,258.49 and 3,282.91. Volume was 1.69 billion shares worth S$1.49 billion. There were ...
Singapore stocks fall amid mixed regional showing
Local investors struggled to find any direction in the market on Wednesday amid concerns over a possible escalation of the Ukraine conflict. Read more at straitstimes.com.
IPO funds raised by Southeast Asian companies fall amid economic headwinds
We expect IPO activity to go through cyclical highs and lows, as the market re-calibrates from the pandemic mindset to 'regular programming'," said Tay Hwee Ling, disruptive events advisory leader of ...
Man in SG jailed after withdrawing over S$26,000 from bank accounts; monies traced to US fraud victims
Bhambri Kunal withdrew cash totalling more than S$26,000 (RM86,160) from Singapore bank accounts, which were sums later traced to three fraud victims in the United States.
Kingsmen co-founder Ong raises stake; Japfa in buybacks ahead of subsidiary’s planned IPO
Ong last bought Kingsmen shares more than a year ago although this was via a married deal that also involves fellow co-founder cum chairman Benedict Soh. On March 2, 2021, Ong and Soh acquired 500,000 ...
HSBC opens new head office in Singapore’s MBFC
The new premises are digitally enabled and support new hybrid ways of working for HSBC’s 4,000-strong local workforce.
Singapore-based Payash Capital objects to Arcelor inclusion in Srei bidding
Singapore-based Payash Capital, a 49 per cent stakeholder in Trinity Alternative Investment Managers Limited (TAIML), has opposed the decision of the administrator to include ArcelorMittal as a bidder ...
Singapore’s Sea Has Smaller-Than-Expected Loss on Cost Cuts
Sea Ltd.’s quarterly loss swelled less than analysts had estimated, helped by measures to curtail expenses as the Singapore online company’s growth slows.
Singapore Finance Ministry: Payouts to offset GST hike to start in Dec with cash handouts of up to S$700 for eligible Singaporeans
About 2.9 million adult Singaporeans will receive up to S$200 (RM665.18) in cash in December, as part of the Assurance Package that the Singapore ...
Recession Is ‘Price We Pay’ For Misreading Inflationary Pressures, Says Singapore Senior Minister
Singapore’s Senior Minister Tharman Shanmugaratnam said ... Tharman said the challenge now is to increase investment and sustain it at higher levels for longer. “The scale of investment required is ...
Funds raised from IPOs in South-east Asia fall amid tough economic conditions
SINGAPORE - The initial public offering (IPO) market in Singapore has not been spared from souring economic conditions that have hit most of the region so far in 2022. Read more at straitstimes.com.