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Tag: stock market

Posted on 17/08/2024

Q & M Dental Group (Singapore) First Half 2024 Earnings: EPS: S$0.01 (vs S$0.006 in 1H 2023)

Performance of the market in Singapore. The company's shares are up 1.9% from a week ago. It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign ...

Posted on 17/08/2024

Former bank employees in Singapore charged in money laundering scheme

Two former bank relationship managers are facing multiple charges for their involvement with a billion-dollar money laundering operation that converted dirty money into assets held in Singapore, ...

Posted on 16/08/2024

Singapore Lifestyle Firm Seeks $50 Million Private Loan for Luxury Indonesian Resort

Singapore-based lifestyle and hospitality investment company Rascal Ventures Pte. is seeking around $50 million of private credit to expedite the completion and opening of its luxury resort in ...

Posted on 16/08/2024

Johor-Singapore SEZ to spur investments from mainland China, Taiwan, UOB says

UOB’s managing director believes investors will want to take advantage of tax incentives offered within the special economic zone.

Posted on 16/08/2024

StarHub finance chief Dennis Chia resigns, GoTo’s Jacky Lo to take over

Dennis Chia has resigned from his position just over nine years into the role, citing “personal reasons”. Read more at straitstimes.com.

Posted on 16/08/2024

Singaporean victims lose $36M in online investment scams

Singapore's police have reported that victims lost at least US$36 million in less than two months to conmen touting investment scams on chat groups and social media platforms.

Posted on 16/08/2024

Tencent-Backed Airwallex Reaches $500 Million in Sales, Eyes IPO Readiness

Airwallex, a payments startup backed by Tencent, has reached a significant milestone with an annual revenue run rate of $500 million. CEO and co-founder Jack Zhang revealed the company’s aim to become ...

Posted on 16/08/2024

Johor-Singapore SEZ: MB moots special border passes for top company executives for easier travel, congestion concerns

Johor Menteri Besar Datuk Onn Hafiz Ghazi has suggested special border passes for captains of industries to tackle issues such as manpower and traffic congestion concerns for the proposed ...

Posted on 16/08/2024

24th Meeting of the Singapore-Sichuan Trade and Investment Committee Held in Singapore

SINGAPORE, Aug. 16, 2024 /PRNewswire/ -- A news report from CRI Online: ...

Posted on 15/08/2024

Singaporean victims lose 36 million USD in online investment scams

Singapore's police have reported that victims lost at least 36 million USD in less than two months to conmen touting investment scams on chat groups and social media platforms.

Posted on 15/08/2024

Not alone, but we are Singapore

Complainers should do something to revive the SGX, like taking capital back from US stocks and invest locally, says this writer.

Posted on 15/08/2024

Temasek’s billions at stake: Investment in US tech giants sees mixed fortunes amid market volatility

Temasek Holdings invested billions in US tech giants like Microsoft, Apple, and Nvidia, increasing its holdings by US$3.3 billion. Despite a subsequent dip in tech stocks, some have started to recover ...

Posted on 15/08/2024

Tencent-backed Airwallex hits $500 million annualized sales, aims to get IPO-ready by 2026

Payments startup Airwallex has reached an annual revenue run rate of $500 million and will be ready for an IPO by 2026, CEO Jack Zhang told CNBC.

Posted on 15/08/2024

Singapore charges 2 ex-bankers for helping $2.2 billion money laundering ring

A Singapore court on Thursday charged two former bankers for helping a group of foreigners who were convicted of laundering $2.2 billion last year in the biggest such financial crime in the Asian ...

Posted on 15/08/2024

Two former bankers from China charged in Singapore’s biggest money laundering case after SG$3b in assets seized

Two former bank employees, both Chinese nationals, were charged in Singapore on Thursday in connection with the city-state’s biggest money laundering ...

Posted on 15/08/2024

Tencent-backed Airwallex nears $500 million annualized sales, aims to get IPO-ready by 2026

Payments startup Airwallex is nearing an annual revenue run rate of $500 million and will be ready for an IPO by 2026, CEO Jack Zhang told CNBC.

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