The Monetary Authority of Singapore (MAS) has priced Singapore’s $2.4 billion 50-year inaugural sovereign green bond with a 3.04% per annum (p.a.) coupon. The bond will mature in August 2072. Of the ... ( read original story ...)
Hong Leong Finance sees profits rise to S$45.1m in H1
It has also announced an interim dividend of S$0.0375 in its latest bourse filing. Hong Leong Finance reported net attributable profits of over S$45.1m for the first six months of the year, a 1% ... ( read original story ...)
Revolut starts crypto service in Singapore
Revolut has started offering cryptocurrency services to users in Singapore, the global fintech firm said on Thursday. See related article: How a market slump may be helping Singapore’s stance against ... ( read original story ...)
Ascendas Reit to acquire Philips APAC Center in Singapore for S$104.8 million
The acquisition will improve the overall resilience of the portfolio with its high occupancy of 95.7% and long WALE of 4.5 years ... ( read original story ...)
Under scrutiny: proposed merger of Singapore’s offshore and marine heavyweights
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 ...)