Originally focused on back-end semiconductor manufacturing, including wire bonding and chip testing, GVT now also offers front-end services, a market said to be ten times larger than the back-end.
Bain-backed chipmaker Kioxia’s shares rise in market debut
SINGAPORE (Reuters) -Shares of Kioxia rose 3% in their market debut on Wednesday, valuing the Bain-backed chipmaker at 807 billion yen ($5.25 billion). Kioxia, a major manufacturer of memory chips, ...
Singapore’s digital banks say they serve a niche, need time to turn profits
GXS Bank, MariBank and Trust Bank reported a rise in total income in 2023 but fell deeper into the red. Read more at straitstimes.com.
DAM Capital Advisors IPO: From financials to key risks – Here are 10 key things to know from RHP
DAM Capital Advisors IPO opens for subscription on December 19, closing on December 21. Valued at ₹840.25 crore, the IPO offers 2.97 crore shares priced between ₹269- ₹283. Retail investors can invest ...
Daily Cuts – Will Singapore’s NODX rebound be sustained going into 2025?
Singapore Today's Lance Alexander and Justine Moss speak with Jeff Ng, Head, Asia Macro Strategy, Sumitomo Mitsui Banking Corporation, about what could have led Singapore's non-oil domestic exports to ...
Singapore’s consumer watchdog works to raise awareness on fast-growing financial influencer sector
The authorities said last month that financial influencers, or finfluencers, must be licensed and regulated if they provide financial advice.
Singapore targets 1.2 mn Indian tourists in 2024-end; no visa-free entry
In an interview with Business Standard, Markus Tan and Renjie Wong of Singapore Tourism Board discussed the surge in Indian tourists, future attractions, sustainability efforts, and travel trends ...
PIF-backed Saudi Global Ports taps banks ahead of potential IPO – report
Saudi Global Ports (SGP), a joint venture between the sovereign Public Investment Fund and Singapore’s PSA International, has tapped banks ahead of a potential IPO, according to Bloomberg.
Singapore CPF Vs. Hong Kong MPF: 4 Key Differences Between Their Pension Schemes
Key differences between CPF and MPF is that CPF provides risk-free returns while MPF's savings have to be invested to earn a return ...
China approves Singapore’s Perennial as first foreign company to wholly own tertiary hospital
BEIJING: Singapore property and healthcare player Perennial Holdings has become the first foreign company to be granted a licence by the Chinese authorities to wholly own and run a tertiary hospital ...
Singapore targets 1.2 million Indian tourists in 2025; no visa-free entry
In an interview with Business Standard, Markus Tan and Renjie Wong of Singapore Tourism Board discussed the surge in Indian tourists, future attractions, sustainability efforts, and travel trends ...
Shein weighs sale of less than 10% of company in London IPO, sources say
Fast fashion retailer Shein is considering asking UK regulators to waive listing rules that require at least 10% of its shares to be sold to the public in its planned London flotation, two people with ...
Saudi Port Operator Said to Pick Banks for Up to $1 Billion IPO
State-backed Saudi Global Ports Co. has picked banks including Goldman Sachs Group Inc. and HSBC Holdings Plc to help arrange a planned Riyadh initial public offering, according to people familiar ...
Will Thailand dethrone Singapore as global investment hub in 2025?
BANGKOK: Thailand will introduce the OECD’s Global Minimum Tax of 15% for multinational corporations from Jan 1 next year.
iFAST Singapore launches China desk to meet Chinese investor needs
FAST Singapore has launched a China Desk to meet the offshore wealth allocation needs of Chinese clients both within and outside China.
What does a bank’s ‘kill switch’ kill? It became a point of contention after a victim lost money
SINGAPORE: In October, a customer called a bank to freeze all his cards and savings, only to discover later that not all fund transfers were disabled.