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Tag: stock market

Posted on 13/05/2024

Gan Kim Yong to become new DPM in Singapore’s Cabinet reshuffle; no changes of ministerial portfolios

MINISTER for Trade and Industry Gan Kim Yong will be promoted to Deputy Prime Minister (DPM) come May 15, alongside current DPM Heng Swee Keat, in a Cabinet reshuffle with few other major changes.

Posted on 13/05/2024

Gan Kim Yong to become DPM in Singapore Cabinet changes

Lawrence Wong, who announced the appointment of Mr Gan, said that continuity and stability are "key considerations" as the government approaches the end of its current term.

Posted on 13/05/2024

Flipkart mulls moving HQ to India ahead of IPO: Report|

Flipkart contemplates relocating domicile to India reflecting a trend of established startups returning home for regulatory alignment and IPO readiness. The move, if executed, could also result in tax ...

Posted on 13/05/2024

Singapore steps up investment in tourism human capital

Recognising that human capital is a crucial component of a successful tourism industry, Singapore has intensified its investments in capability development, with a compressed training and ...

Posted on 13/05/2024

With IPO in mind, Flipkart may move domicile from Singapore to India

Walmart-owned e-commerce firm Flipkart is reportedly planning to move its domicile back from Singapore to India, according to industry sources. The company, valued at $33 billion, may provide a ...

Posted on 13/05/2024

Shein steps up London IPO preparations amid U.S. hurdles to listing, sources say

By Julie Zhu, Greg Roumeliotis and Kane Wu HONG KONG/NEW YORK (Reuters) -Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself in New York faced ...

Posted on 12/05/2024

Graduates joining Deloitte Singapore as auditors will have a starting monthly salary of $4,100 from Sept 1

Graduates joining Deloitte Singapore as auditors will have a starting monthly salary of $4,100 from Sept 1. First-year hires joining the firm under its FasTrack programme – Deloitte’s accelerated ...

Posted on 12/05/2024

Singapore wants to shake up its stock market

Shares in Arm drop after it reports lacklustre revenue projections, Singapore is studying proposals to shake up its struggling stock market, EU countries have agreed to use an estimated €3bn in ...

Posted on 11/05/2024

Switzerland to Singapore: 7 most stable economies in the World

These countries exhibit economic stability through factors like diversified economies, strong governance, robust infrastructure, and prudent fiscal management. Industries like finance, technology, and ...

Posted on 11/05/2024

Apple, Microsoft and Nvidia are investing billions of dollars in Southeast Asia. Here’s why

Apple, Microsoft, and Nvidia are among tech companies investing heavily in Southeast Asia, drawn by the region's workforce and market growth potential. With a focus on AI and data centers, the area is ...

Posted on 11/05/2024

Exclusive-Shein steps up London IPO preparations amid U.S. hurdles to listing, sources say

By Julie Zhu, Greg Roumeliotis and Kane Wu HONG KONG/NEW YORK (Reuters) -Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself in New York faced ...

Posted on 11/05/2024

Shein ‘steps up plan for London IPO’ amid US listing hurdles

Sources say Singapore-based online fashion retailer founded in China prefers a float in New York but faces tougher scrutiny than expected ...

Posted on 10/05/2024

Singapore’s GIC bets on Latin American infrastructure companies

Singapore’s GIC, one of the world’s largest sovereign wealth funds, is making an outsized bet on Latin American infrastructure, while targeting smaller technology companies in the region. Read more at ...

Posted on 10/05/2024

Hong Kong’s millionaires have decreased by 4%, while Singapore’s increase by 64%

World’s Richest Cities Report from Henley & Partners has highlighted one aspect... The post Hong Kong’s millionaires have decreased by 4%, while Singapore’s increase by 64% appeared first on The Indep ...

Posted on 10/05/2024

UPDATE 1-Singapore bank OCBC first-quarter net profit rises 5% to record, beats forecasts

Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday a 5% rise in net profit to a record high in the first quarter from a year earlier, driven by stronger operating ...

Posted on 10/05/2024

The Latest on Southeast Asia: U.S. Tech Investments in ASEAN

U.S. tech giants are keenly aware of Southeast Asia’s strategic importance and are strengthening their regional presence with huge investment pledges from Apple, Microsoft, and Amazon in recent weeks.

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