Internet-based investment product distribution platform iFAST is in talks with potential partners to pursue a digital banking license in Singapore, according to a report from DBS Research. If the move ... ( read original story ...)
Singapore’s Shrinking Stock Market May Turn Around Its Fortunes
The largest IPO this year in Singapore was by Prime U.S. REIT, which raised $612 million. But beyond IPO volumes -- which still remain below an average of $2 billion per year since 2000 -- companies ... ( read original story ...)
Singapore’s globetrotters spent $8.4 bil on travel in 2018
SINGAPORE (July 30): Despite a tiny population of just over 5.6 million, Singapore last year accounted for 1% of all international arrivals to the top 200 tourism cities in the world – contributing ... ( read original story ...)
Singapore Inflation Rate 2019 – What Exactly Is It & Why Does It Matter?
I must confess I haven’t a clue what the Singapore inflation rate actually is. The thing is, knowing the inflation rate, even if it’s just a ballpark figure, is crucial for all kinds of personal ... ( read original story ...)
Singapore’s move to waive sales tax on digital payment tokens will spur innovation, boost cryptocurrency exchanges, says PwC
The Singapore government’s proposal to exempt digital payment tokens from a sales tax when they are used to pay for goods and services is likely to benefit cryptocurrency exchanges, asset managers and ... ( read original story ...)
James Dyson ‘buys’ second luxury home in Singapore
British billionaire James Dyson is set to buy a second Singapore home for £26.5m, just weeks after paying a record £43m for the city’s biggest apartment. The tycoon and inventor of bagless vacuum ... ( read original story ...)
Hyflux suitor Utico eyes $500 mil Singapore IPO in 2 years
(July 26): United Arab Emirates-based utility Utico FZC plans to raise as much as $500 million through a listing on the Singapore Exchange in the next two years, according to chief executive officer ... ( read original story ...)
Hyflux Suitor Utico Eyes S$500 Million Singapore IPO in 2 Years
United Arab Emirates-based utility Utico FZC plans to raise as much as S$500 million ($366 million) through a listing on the Singapore Exchange in the next two years, according to chief executive ... ( read original story ...)
China’s Wanda Sports cuts U.S. IPO size, lowers price range
SINGAPORE — Wanda Sports Group Co Ltd, a unit of Chinese conglomerate Dalian Wanda Group, has cut the size of its U.S. initial public offering (IPO) to up to $308 million from a previous size of ... ( read original story ...)
Singapore braces for delistings to continue even after rule fix
(Bloomberg) -- This year, Singapore’s stock market has seen on average of two companies a month looking to delist. The trend may not be reversing any time soon. The Singapore exchange tweaked the ... ( read original story ...)
Singapore’s Virtual Banks Offer chance for Homegrown AI to Shine
Minister Tharman Shanmugaratnam, chairman of the Monetary Authority of Singapore (MAS), is going to hail new virtual bank licences, expected to be granted later this year, as the next chapter in ... ( read original story ...)
Prime US REIT closes flat at IPO price on trading debut
SINGAPORE (July 19): Prime US REIT closed flat at its first trading session on the Singapore Exchange on Friday. As at 5pm, the counter was trading at its IPO price of 88 US cents with 10.7 million ... ( read original story ...)
Why I Believe Singapore Exchange Limited Can Continue to Grow
Singapore Exchange Limited (SGX: S68), or SGX, is Singapore’s sole stock exchange. It offers a platform for trading securities such as equities, fixed income, and derivatives. SGX also offers services ... ( read original story ...)
Singapore fuel inventories hit eight-month low as IMO fuel-switch takes effect
SINGAPORE (Reuters) - Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended July 17, official data showed, in one of the latest signs that ... ( read original story ...)
Top China LPG Buyer Considers Singapore IPO for Trading Unit
Oriental Energy Co., China’s biggest importer of liquefied petroleum gas, is considering an initial public offering of its trading and logistics unit on the Singapore stock exchange. The company is in ... ( read original story ...)
Smaller Banks in Singapore Are at Risk As Fintechs Eye Digital Banking License
Competition is heating up in Singapore’s digital banking landscape as an increasing number of fintechs including e-wallet operators and payment services providers are looking to apply for when ... ( read original story ...)