According to The Star report, GXS Bank, a joint venture between Grab Holdings and Singtel, reported a remarkable threefold increase in revenue, reaching S$14.3 million in 2023. Despite the surge in ...
Reversing The Flow: How Nubank’s Expertise Could Redefine Digital Banking Competition In Southeast Asia
For years, digital banking in Asia has operated on a seemingly straightforward axis either innovation or inclusion. With Nubank and Tyme, that could all change.
SGX’s 4 IPOs in 2024 lowest in over a decade, but outlook is bright for 2025: Report
More healthcare and real estate sector listings are expected in 2025, said PwC. Read more at straitstimes.com.
SGX’s 4 IPOs in 2024 is the lowest in a decade, but outlook is bright for 2025: Report
More healthcare and real estate sector listings are expected next year, said PwC. Read more at straitstimes.com.
Singapore’s wealth fund invests $150m in AHH
Singapore's sovereign wealth fund, the Government of Singapore Investment Corporation (GIC), will invest $150m in India-based Asia Healthcare Holdings (AHH), acquiring a majority stake in the venture.
Grand Venture Technology rides semicon recovery by investing ‘ahead of the curve
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 ...