Singapore’s central bank has updated its guidelines on fair dealing, expanding its scope to apply to all financial institutions (FIs) and all the products and services offered to customers. The update ...
Brief: SEA stock exchanges need to play larger role to move region’s PE market; OCBC to invest HK$1.5 bil in facilities
In other news, Singapore will invest close to $300 million in quantum tech, to add 300MW in data centre capacity.
Temasek and MOPE-backed Molbio Diagnostics kickstarts IPO prep, aims Rs 22,000-24,000 cr valuation
Singapore investment major Temasek and Motilal Oswal Private Equity (MOPE)-backed diagnostics chain Molbio Diagnostics has kickstarted work to launch an initial public offer in FY25 and raise around ...
Bank of Singapore establishes Investment Advisory Council
Bank of Singapore has formed an independent investment advisory council to supplement the bank's Chief Investment Office's (CIO) research skills and provide pertinent knowledge to its clients. The ...
Singapore contributes $17.7m to WHO’s inaugural investment round
The Ministry of Health emphasises prioritising health emergency preparedness. Singapore has announced its grant of $17.7m (S$24m) to the World Health Organisation’s (WHO) newly launched investment ...
Singapore’s largest bank DBS holds $650 million in ETH: repor
Singapore’s DBS bank holds over 173.7k ETH worth $650 million. Blockchain analytics plaform Nansen identified a whale wallet with the ETH as belonging to the bank. DBS, Singapore’s largest bank that ...
Singapore Invests Close to S$300 million in National Quantum Strategy and Announces Green Data Centre Roadmap for Sustainable Growth
Mr Heng Swee Keat, Singapore's Deputy Prime Minister and Chairman of the National Research Foundation NRF, outlined an investment of close to S$300 million into Singapore's National Quantum Strategy ...
South-east Asia’s growth-dominated PE industry needs stronger IPO markets: Bain
The Singapore Exchange’s velocity was 32 per cent ... Varma said PE exits globally are relatively evenly spread across three main strategies: initial public offerings (IPOs), sales to other companies, ...
Singapore gets lion’s share of private equity amid regional decline: Bain report
Singapore captured over 40 per cent of capital investment in companies that are not publicly traded. Read more at straitstimes.com.
Gas investments in SE Asia undermine green energy, climate push: Report
Gas projects risk locking in decades of costly polluting energy and holding back investments in cheaper renewables. Read more at straitstimes.com.
Cheetahs and casinos: Links between environmental crimes and money laundering in Singapore
SINGAPORE: In 2020, a bank in Singapore found that one of its customers had paid S$130,000 to a South African supplier for 11 cheetahs.
Singapore to invest $222 mln to boost quantum computing capability
Tech firms such as Microsoft, Alphabet's Google and IBM as well as nation-states across the world are racing to create machines that can take advantage of quantum mechanics and potentially be capable ...
Singapore to invest nearly S$300 million in quantum tech research and talent
SINGAPORE will invest close to S$300 million over the next five years to boost quantum technology research and talent – including efforts to build processors for quantum computers locally. Read more ...
Fast-fashion behemoth Shein is preparing for an IPO. Here’s an inside look at the challenges it could face.
Fast-fashion phenomenon Shein is expected to go public this year in a hotly-anticipated listing.
Woman in SG, 75, opened bank account on boyfriend’s behalf, received RM900,000 from suspicious sources
An elderly woman who met her “online boyfriend” on WhatsApp opened a bank account on his behalf which was later used to receive nearly S$260,000 (RM904,636) from suspicious sources.
Cheetahs and casinos: Links between environmental crimes, money laundering in Singapore
It added that, so far, there have been no known cases of illicit funds from environmental crimes being passed through casinos in Singapore. But in Laos, a criminal network used a casino to traffic ...