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Tag: stock market

Posted on 17/12/2024

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 ...

Posted on 17/12/2024

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 ...

Posted on 16/12/2024

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 ...

Posted on 16/12/2024

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.

Posted on 16/12/2024

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.

Posted on 16/12/2024

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.

Posted on 16/12/2024

IFC Sees Singapore Commitments Remaining Near Record $2 Billion

International Finance Corp. sees this year’s annual funding commitments to Singapore remaining near a record level, according to a regional executive.

Posted on 15/12/2024

Over 50% Singapore workers use AI, but many worry about being perceived as cheating, lazy or incompetent

SINGAPORE: More than half (52%) of Singapore workers are using artificial intelligence (AI) in their jobs, but nearly half (45%) feel uneasy admitting it to their managers, worrying they might be ...

Posted on 14/12/2024

Orange Forum 2024: A global celebration of inclusive and sustainable finance

The Orange Forum 2024, held at the SGX Auditorium in Singapore, brought together over 300 global leaders, changemakers, and innovators to celebrate the transformative achievements of the Orange ...

Posted on 14/12/2024

Allianz scraps proposed acquisition of Singapore’s Income Insurance, source says

Allianz SE has scrapped a proposed $1.5 billion euro acquisition of a 51% stake in Singaporean firm Income Insurance Ltd because of public opposition to the deal, a source familiar with the matter ...

Posted on 14/12/2024

Growing calls for regulating online finance-related content amid rise of ‘finfluencers’

Calls for regulating online finance-related content are picking up pace in Singapore, amid a growing number of so-called financial influencers, or "finfluencers". In a bid to tackle possible ...

Posted on 13/12/2024

IGI IPO subscription opens today: GMP up 18%; Should you bid or avoid?

International Gemmological Institute IPO GMP is up 17.99 per cent at Rs 492 per share against the upper end of the price band of Rs 417 ...

Posted on 13/12/2024

Asian countries’ investment in lab-grown meat could revolutionize the market

In the West, lab-grown meat struggles to shake its niche status. Meanwhile, Asian countries are investing in the technology as a cornerstone of future food security.

Posted on 13/12/2024

Exclusive-Singapore, Vietnam firms in talks for new undersea cables, sources say

Singaporean asset manager Keppel and Vietnamese conglomerate Sovico Group are discussing plans for new undersea fiber-optic cables that would boost the region's data centre industry, people familiar ...

Posted on 13/12/2024

Carlyle Is Said to Mull $1 Billion IPO of Quest Global in Mumbai

Carlyle Group Inc. is considering an initial public offering of engineering services firm Quest Global Services Pte in India, people familiar with the matter said, amid increasing investor interest in ...

Posted on 13/12/2024

Trust issues halt AI investments; over 70% of Singaporean businesses scale back despite AI’s potential, says Qlik report

The report by Qlik reveals that 74% of businesses in Singapore have reduced their AI investments due to trust concerns, far surpassing the global average of 61%. While 90% of senior decision-makers in ...

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