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Posted on 14/02/2023

FirstFT: Singapore’s GIC scales back China investments

Singapore’s GIC, one of the world’s largest investors ... The sovereign wealth fund has also significantly slowed the pace of its direct investments in private Chinese companies, five people with ...

Posted on 14/02/2023

Singapore finance minister sees lower 2022 budget deficit at S$2 billion

Singapore Finance Minister Lawrence Wong said on Tuesday the government expects 2022's budget deficit to be S$2 billion ($1.51 billion), or 0.3% of gross domestic product, down from a previous ...

Posted on 14/02/2023

Singapore finance minister sees 2022 budget deficit of RM6.6bil

SINGAPORE, Feb 14 (Reuters): Singapore's Finance Minister Lawrence Wong said on Tuesday the government expects 2022's budget deficit to be S$2 billion (US$1.51 billion - RM6.6bil), down from a ...

Posted on 14/02/2023

Singapore fin min sees lower 2022 budget deficit at S$2bil

SINGAPORE: Singapore Finance Minister Lawrence Wong said on Tuesday the government expects 2022's budget deficit to be S$2 billion ($1.51 billion), or 0.3% of gross domestic product, down from a ...

Posted on 14/02/2023

Singapore’s GIC rethinks China strategy after significant pullback

Singapore’s sovereign wealth fund GIC has put the brakes on private investments in China as it steps up scrutiny of risks in the world’s second-biggest economy. GIC, one of the world’s largest ...

Posted on 14/02/2023

Singapore-based neobank Aspire raises $100M from Lightspeed and Sequoia SEA

Aspire, the Singapore-based neobank that wants to become the financial ... Aspire began offering more services, including bank accounts for cross-border businesses, corporate cards, payable and ...

Posted on 14/02/2023

Singapore-based edtech IMMRSIV sets terms for proposed $11M US IPO

Singapore-based edtech IMMRSIV has disclosed terms for a proposed $11M US initial public offering. IMMRSIV said in a filing that it was looking at offering 2.4M ordinary shares pr ...

Posted on 13/02/2023

Singapore Exchange Saw its 1H FY2023 Net Profit Jump 30%: 5 Highlights from the Bourse Operator’s Latest Earnings

One reason for the weaker numbers could be the volatility in stock markets. A total of four new IPOs raised ... we cover the best performing stocks and blue chips in the Singapore market in 2022. Look ...

Posted on 13/02/2023

Market LIVE Updates: Sensex and Nifty 50 likely to open lower, Asian markets in the red

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open lower on first trading day of the week amid largely negative global cues. Singapore Exchange Nifty futures, an early indicator ...

Posted on 13/02/2023

Singapore downgrades fourth-quarter GDP, but keeps 2023 forecast

Singapore's economy grew slightly less than initially estimated ... For the full year, GDP grew 3.6% versus an initial 3.8% estimate. Stock picks and investing trends from CNBC Pro: 10 stocks that fit ...

Posted on 13/02/2023

Singapore bank DBS profit soars 68% in the fourth quarter, flags robust outlook

DBS, the first Singapore bank to report this season, said October-December net profit rose to a record $2.34 billion Singapore dollars ($1.76 billion) compared with an average estimate of S$2.16 ...

Posted on 13/02/2023

Singapore maintains 2023 GDP growth forecast, spurred by China reopening

Singapore (AFP) – Singapore said Monday it will stick to ... a regional economist with CIMB Private Banking. Despite the reopening of China -- the world's second-biggest economy -- and other positive ...

Posted on 13/02/2023

Singapore’s budget expected to focus on inflation and support for laid off workers

Rising inflation and layoffs are among the concerns of Singaporeans and are expected to be addressed in the Singapore Budget 2023 on Feb. 14.

Posted on 13/02/2023

Onn Hafiz: Johor has potential to receive RM10b-RM15b investment from Singapore-based international companies

Johor has the potential to draw investments of around RM10 billion to RM15 billion from several international companies based in Singapore, according to Menteri Besar Datuk Onn Hafiz Ghazi.Onn Hafiz ...

Posted on 12/02/2023

WATCH: Brilliant Ockie Strydom shows nerves of steel to win Singapore Classic and bank R6m payday

Centurion - South African Ockie Strydom produced a stunning 72nd up-and-down birdie to win the Singapore Classic by one shot on Sunday ... jabbed it into the banking and rolled it stone dead. That ...

Posted on 11/02/2023

Tokenized Bank Deposit Could Be an Alternative to Stablecoins: JPMorgan Report

In November last year, JPMorgan, along with two other global banks including DBS Bank and SBI Digital Asset Holdings, conducted foreign exchange and government bond transactions against liquidity ...

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