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Posted on 23/09/2024

Singapore’s Temasek sets aside $77 million to support climate action initiatives

SINGAPORE - Singaporean state-owned investor Temasek said on Monday that it is setting aside S$100 million ($77.43 million) as a community gift to support climate action initiatives that will ...

Posted on 23/09/2024

Carlyle-backed StandardAero targets $7.5 billion valuation in US IPO

Aviation services provider StandardAero, backed by buyout firm Carlyle Group and Singapore's sovereign wealth fund GIC, said on Monday it was targeting a valuation of up to $7.54 billion in its ...

Posted on 23/09/2024

NTPC Green Energy IPO likely in early November

The company plans to conduct roadshows in various locations across India and abroad, including Mumbai, London, US, Singapore, and other regions, to attract investments.

Posted on 23/09/2024

Some Nets terminals down; customers encouraged to pay cash or use SGQR

The affected terminals will not be able to perform QR, contactless and PIN transactions. Read more at straitstimes.com.

Posted on 23/09/2024

Some Nets terminals down; customers encouraged to pay cash or use SGQR

The affected terminals will not be able to perform QR, contactless and PIN transactions. Read more at straitstimes.com.

Posted on 23/09/2024

Transactions affected at some NETS terminals; company working to restore services

A CNA reader said his company's retail outlets began experiencing problems processing credit card transactions around 7am.

Posted on 23/09/2024

Facebook cofounder Eduardo Saverin donated $15 million to a Singapore private school that charges up to $47,000 a year

Eduardo Saverin gave $15 million to the Singapore American School to fund key projects. The school's tuition costs up to $47,000 a year.

Posted on 23/09/2024

Singapore prime office vacancies climb to highest since 2022 though rents hold up

Vacancies may stay elevated over next few quarters as companies grapple with higher costs., says JLL. Read more at straitstimes.com.

Posted on 23/09/2024

Lack of quality data and disconnected tech stack impacting Singapore businesses amid rising costs and competition: HubSpot Research

High costs is the leading challenge faced by Singapore business (44%) with one in five (22%) saying it’s the biggest challenge they are facing.Intense competition (39%), rising costs of reaching ...

Posted on 23/09/2024

Billionaire Koh Wee Meng To Open Three New Singapore Hotels By 2027

Fragrance Group and Global Premium Hotels—both controlled by billionaire Koh Wee Meng—tapping into travel boom with three new hotels opening in Singapore by 2027.

Posted on 23/09/2024

HSBC to sell German private banking arm to BNP Paribas

BNP Paribas has struck a deal to acquire HSBC's German private banking arm as the French lender looks to expand in wealth management and the London-based giant continues its pivot to Asian markets.

Posted on 23/09/2024

Brokers’ take: OCBC downgrades Suntec Reit as funding costs continue to weigh

OCBC Investment Research has downgraded Suntec Real Estate Investment Trust (Reit) to “sell” as it expects marginal decline in financing costs in the near term. Read more at The Business Times.

Posted on 23/09/2024

Singapore stocks flirt with 17-year highs, led by banks; Asia currencies slip

SINGAPORE climbed close to 17-year peaks on Monday and was among stock markets to gain in emerging Asia, helped by the biggest banks in Southeast Asia hitting their all-time highs.

Posted on 23/09/2024

Ether Outperforms Bitcoin as Token 2049 Concludes, Overall Crypto Market Stays Flat

Monday marked a slow beginning to the Asia trading week with BTC up 1.2% and ETH up 2.6%.Solana memecoin MOTHER, the brainchild of music star Iggy Azalea, is up 4% after having a strong presence at Breakpoint in Singapore.

Posted on 23/09/2024

Singapore Prime Office Vacancies Jump to Highest Since 2022

Singapore’s prime office market is showing signs of softening as an increase in new space push vacancies to the highest level in over two years, while a jump in rents runs out of steam. Vacancy rates ...

Posted on 23/09/2024

Lewis Hamilton and George Russell suffered ‘borderline heatstroke’ in Singapore GP

Mercedes withdrew Lewis Hamilton and George Russell from their media commitments after they suffered “borderline heatstroke” in the Singapore GP. The Singapore Grand Prix is one of the most brutal ...

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