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Posted on 23/09/2023

JSW Infrastructure to launch IPO on September 25 after securing $170 million from anchor investors

Monetary Authority of Singapore, Morgan Stanley, Fullerton, HSBC Trustee, and Goldman Sachs. The forthcoming IPO marks the first for the JSW group in over a decade. The group's last IPO was in 2010 ...

Posted on 23/09/2023

Singapore’s Tax Revenue Collection Outlook Uncertain: Minister

Singapore’s Senior Minister of State for Finance Chee Hong Tat said that it was “unclear” whether tax revenue collection could continue to rise this financial year amid an uncertain global economic ...

Posted on 23/09/2023

Singapore Startup Could Leverage Refrigerated Trucks To Ease Into Chinese EV Market

A Singaporean startup is looking to break into China's overcrowded electric vehicle market bydeveloping refrigerated electric trucks for ...

Posted on 23/09/2023

Softbank, Temasek backed Ola Electric to file IPO papers by end of October – Reuters

Lalam/iStock Editorial via Getty Images Indian e-scooter maker Ola Electric fast-tracked its listing move as it aims to file regulatory papers for its near $700 million IPO before the ...

Posted on 23/09/2023

JSW Infra IPO: JSW Group’s IPO mobilises ₹1,260 crore from anchor investors ahead of issue

The price band JSW's IPO, that opens on 25 September, has been fixed at ₹113-119 per share. The offer will close on September 27.

Posted on 23/09/2023

JSW Infrastructure mops up Rs 1,260 crore from 65 anchor investors, ahead of IPO

The company has finalised allocation of 10,58,82,352 equity shares to anchor investors at a price of Rs 119 per share.

Posted on 23/09/2023

Ripple grapples with staggering legal fees amidst Asia’s ascendant crypto interest

As the landscape of digital currencies continues to reshape, with the epicenter of interest decisively shifting towards Asia, Ripple‘s ongoing legal challenges underscore the larger dynamics at play.

Posted on 23/09/2023

What does the future look like for Singapore’s industrial property sector?

Here’s more from Savills: Singapore manufacturers grapple with weak demand from ... underpinned by the rise of high-value manufacturing industries such as advanced manufacturing, technology and ...

Posted on 23/09/2023

Foodpanda confirms layoffs, says it’s in talks to sell part of Asia food delivery business

A German media outlet reported that Foodpanda could sell its operations in Singapore, Cambodia, Malaysia, Myanmar, Philippines, Thailand and Laos.

Posted on 22/09/2023

Will Hong Kong or Singapore finance the Global South’s pressing needs if the rich North won’t?

Although Hong Kong and Singapore have very large banking systems, the Basel rules on capital, liquidity and total leverage caps have on the whole made banks much more cautious in taking risks to ...

Posted on 22/09/2023

Trina Liang-Lin takes over as Netball Singapore chief, pledges to bring in more financial support

She takes over from deputy speaker of parliament Jessica Tan, who had been the association's president since 2012. Read more at straitstimes.com.

Posted on 22/09/2023

Singapore Reigns Supreme in International Shipping Center Development Index

For the 10th year in a row, Singapore ranks first in the Xinhua-Baltic International Shipping Center Development Index (ISCDI) ...

Posted on 22/09/2023

India, Singapore Kick off SIMBEX Military Exercise

The naval drill, now in its 30th edition, has grown more complex and robust as India and Singapore’s shared concerns about China deepen.

Posted on 22/09/2023

Creative Technology partners Chinese electronic company Skyworth

The tie-up opens avenues for future collaboration on SXFI technology between Creative and other industry partners. Read more at straitstimes.com.

Posted on 22/09/2023

Singapore stocks rise amid mixed regional performance; STI up 0.1%

THE Straits Times Index (STI) ended Friday (Sep 22) slightly higher after paring early losses. The STI rose 0.1 per cent or 2.01 points to 3,204.82 at the close. Read more at The Business Times.

Posted on 22/09/2023

Singapore market slides after Fed’s hawkish hold; STI dips 1.2%

THE Federal Reserve’s hawkish stance tamed markets in the Asia-Pacific on Thursday (Sep 21), with key bourses from South Korea to Australia swimming in a sea of red hours after the United States ...

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