SINGAPORE (THE BUSINESS TIMES) - More targeted measures are needed for companies to drive innovation, with the expiry of the Productivity and Innovation Credit (PIC) scheme this year, said small and medium-sized enterprises (SMEs) and observers. ( read original story ...)
Renewed Selling Pressure Tipped For Singapore Shares
The Singapore stock market on Monday snapped the two-day slide in which it had surrendered more than 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,575-point plateau although it figures to head south again on Tuesday. ( read original story ...)
Sembcorp Industries planning IPO for India unit to raise $500-600 million
Mumbai: Singapore-based utility group Sembcorp Industries is gearing up to file for an initial public offering (IPO) of its Indian arm which could see the company raise around $500-600 million (about Rs3,200-3,800 crore), two people aware of the ... ( read original story ...)
HNA’s Former Singapore Partner Is Said to Revive IPO Work
Davos WEF 2018: Paytm To Sell Loans, Insurance As It Builds Three-Stack Model, Says Vijay Shekhar Sharma What Dalal Street Wants From Budget 2018 NSE’s Limaye Says Options Open To Stop Futures Trade From Moving To Singapore Budget 2018: Between A (Fiscal ... ( read original story ...)
Week in Review: Luye May Stage $500 Million Singapore IPO of Healthcare Assets
Luye Medical, the healthcare arm of Luye Life Sciences, is considering an IPO in Singapore that could raise as much as $500 million (see story). The company has assembled a portfolio of businesses, largely through M&A, consisting of hospitals, clinics and ... ( read original story ...)
HNA’s former Singapore partner is said to revive REIT IPO work
(Jan 26): AEP Investment Management Pte has resumed work on a long-delayed Singapore initial public offering of its property assets after Chinese conglomerate HNA Group Co terminated its participation in the listing, people familiar with the matter said. ( read original story ...)
Singapore Joins Dual-Class Shares Club, Wooing Tech IPOs
(Bloomberg) -- Singapore Exchange Ltd. said it allow companies with dual-class share structures to list, a month after Hong Kong announced a similar proposal, as competition between markets for technology listings becomes increasingly fierce. SGX will ... ( read original story ...)
LY Corporation Limited to debut as the first IPO on SGX-ST in 2018
"We are encouraged by the strong investor interest in the IPO, which reflects confidence in LY ... Trading in the Company's shares on the Catalist Board of the Singapore Exchange Securities Trading Limited (SGX:1H8) is expected to commence at 9.00 a.m ... ( read original story ...)
Route Mobile files IPO papers with SEBI, to raise around Rs 600 cr
The IPO comprises a fresh issue of up Rs 350 crore and an offer ... issue proceeds for investment in subsidiaries for purchase of office premises in London and Singapore; purchase of business process outsourcing centre in Noida and general corporate ... ( read original story ...)
Singapore exchange to allow dual-class shares for IPOs
Singapore’s stock exchange will allow companies to list with dual-class shares this year, as bourses battle to attract more blockbuster initial public offerings. The decision, which followed a consultation with the market, comes only weeks after the Hong ... ( read original story ...)
Singapore-based mobile payments app SpherePay raises over US$10M funding
The app enables users to link all their credit/debit cards into one app and pay for their purchases at its merchant outlets by simply scanning a QR code Singapore’s homegrown mobile payment app SpherePay today announced that it has raised over US$10 ... ( read original story ...)
River Ryan man accused of robbing Singapore bank facing extradition hearing in U.K. Thursday
James David Roach of River Ryan is shown in this file photo that had been made available by the Royal Thai Police. - Submitted RIVER RYAN, N.S. — A River Ryan man accused of robbing a bank in Singapore will be in court in the United Kingdom Thursday for ... ( read original story ...)
Singapore’s outbound property investments hit record in 2017
SINGAPORE monies that went into overseas real-estate investments last year rose by about 40 per cent to a record US$28.4 billion, up from US$20.4 billion in 2016 and upending the last high of US$27.6 billion in 2015. Sovereign wealth fund (SWF) GIC had a ... ( read original story ...)
Singapore’s overseas property investment soared 40% in 2017
Singapore’s overseas real estate investment surged by around 40 percent to a record US$28.4 billion (S$37.2 billion) in 2017, making it the fifth-biggest source of capital globally, after the US, Hong Kong, China and France, reported Business Times. ( read original story ...)
Singapore Telecommunications : Singtel unveils enhanced ZoneAlarm mobile security app as cyber risks rise
Singapore, 30 January 2018 - Singtel has launched an enhanced version of ZoneAlarm with advanced capabilities to combat cyber threats and other emerging vulnerabilities amid the growing prevalence of cyber security risks. This includes a new anti-SMS ... ( read original story ...)
“Deluded” bankers in Singapore and Hong Kong still asking for big pay rises
Candidates are much too aggressive when they negotiate pay with me. I recruit in-house for a big US bank in Singapore and Hong Kong. I think the Asian job market is better than it was last year and salaries are generally on the up, even in the back office. ( read original story ...)