A flood of capital raising by SPACs at the start of 2021 slowed to a trickle by April, raising the question whether one of the hottest trends in finance has run out of steam before Asia reaches the ... ( read original story ...)
Give Singapore’s 4G ministers space to pick new leader, says former PM Goh Chok Tong
Former leader urges the next generation to ‘deliberate carefully’ as he launches the second instalment of his biography ‘Standing Tall: The Goh Chok Tong Years’. ( read original story ...)
Stock Market Analysis Today – Singapore Stock Market Tipped To Add To Its Winnings On Friday
The Singapore stock market on Thursday ended the four-day losing streak in which it had tumbled more than 65 points or 2.2 percent. The Straits Times Index now rests just beneath the 3,175-point ... ( read original story ...)
Elon Musk to attend Bloomberg New Economy Forum in Singapore
Tesla CEO Elon Musk and Singapore were caught in an online spat over electric vehicles. Today not only has Singapore welcomed his electric cars to our shores, we’re also welcoming the controversial ... ( read original story ...)
Singapore Straits Times publisher to hive off media business
Singapore Press Holdings Ltd (SPH), which publishes the city-state's main newspaper, said on Thursday it would transfer its media business to a not-for-profit company as the unit struggles with ... ( read original story ...)
Monde Nissin gets investor commitments for $1-B IPO
Philippine food maker Monde Nissin Corp has secured investor commitments for a $1 billion initial public offering (IPO) at P13.50 ($0.28) each, in what would be the country’s biggest IPO on record, ... ( read original story ...)
There’s a need to recognise that finance can be a force for good: ABC World Asia
ABC World closed its first fund in January 2020 raising a total of $303 million. It has deployed $73 million so far. ( read original story ...)
Global Payments Fintech Adyen Acquires Approval from MAS to Perform Merchant Acquistion Services in Singapore
Global payments Fintech Adyen acquires approval from MAS to perform merchant acquistion services in Singapore. ( read original story ...)
Finance sector to create 6,500 jobs in 2021
Approximately 6,000 of these new jobs will be permanent positions. Financial institutions in Singapore are expected to create 6,500 jobs for 2021. This is according to Monetary Authority of Singapore ... ( read original story ...)
Singapore searches for next prime minister: 3 names to know
But Heng -- the finance minister, deputy prime minister and leader of the city-state's "fourth generation" team of politicians -- suddenly announced that he was taking himself out of the running. This ... ( read original story ...)
Singapore’s SCI Ecommerce Notches $38 Million Amid IPO Plans
SCI Ecommerce, headquartered in Singapore, raised $37 million as part of a growth funding round led by Asia Partners. ( read original story ...)
Allen & Overy Appoints New Singapore Leadership in Nearly A Decade
Allen & Overy has appointed two partners to lead its Singapore office in the first leadership change in the Southeast Asian outpost since 2013. Gautam Narasimhan and Tim Beech take over from Chris ... ( read original story ...)
Private Swiss bank buys BMO private bank in Singapore and Hong Kong
The J Safra Sarasin Group completed the acquisition of the Bank of Montreal's Private Banking Business. Private Swiss bank J. ( read original story ...)
Zomato leadership stand to make big cash in its IPO-run
The top 10 executives of Zomato are sitting on a cash-pile value of over $100 million, as a result of the stock options granted to them in 2014 and 2018, through the company’s ESOP policy ... ( read original story ...)
Singapore Shares Expected To Open Under Pressure On Monday
The Singapore stock market om Friday wrote a finish to the six-day winning streak in which it had jumped more than 65 points or 2.1 ... ( read original story ...)
IPO bells: CarTrade plans to go public, raise Rs 2000 crore: Report
CarTrade is reportedly planning to file the draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI) within the next 10-15 days to go public. The company is gearing up ... ( read original story ...)