Singapore Institute of Advanced Medicine's US$20m is the smallest amount from an IPO in the region this year. Read more at straitstimes.com.
Hong Kong fines DBS Bank $1.3 M in money laundering scandal
The Hong Kong Monetary Authority has fined DBS Hong Kong HK$10 million for multiple breaches of anti-money laundering laws over a seven-year period.
Singapore to waive registration fee for short-term EV charger use
THE Singapore government is reducing the regulatory burden and lowering costs for businesses by making the application process for licences and regulatory approvals faster and better, said Minister ...
S’pore draws just one IPO, Malaysia leads Southeast Asia listings in first half of 2024
making Singapore the worst-performing market in South-east Asia for initial public offerings (IPO). The dismal result came in spite of intensified efforts to revitalise the Singapore Exchange (SGX), ...
Hong Kong fines DBS Bank $1.3 million for money-laundering breaches
The Hong Kong Monetary Authority fined the local arm of Singapore's DBS Bank HK$10 million ($1.3 million) for breaches of its anti-money laundering law, the banking regulator said on Friday. The HKMA ...
4 Reliable Singapore Dividend Stocks That I Never Intend to Sell
Singapore Exchange Limited ... VICOM’s final dividend was reduced from S$0.0332 to S$0.0275 as the group needed to retain cash for a major investment in a new test and inspection centre at Jalan Papan ...
Foxconn plans to invest up to $551mn more in Vietnam as it continue to moves away from China
Foxconn Singapore has been granted a license to invest $551 million in two significant projects aimed at producing smart entertainment products and smart-system equipment in Vietnam’s northern provinc ...
More IPOs likely to return in 2025 after shorter year in 2024: Citi
Even though India is in the spotlight at the moment, Citi sees countries like Indonesia and Vietnam exhibiting strong growth.
IPOs in Southeast Asia and Singapore fell y-o-y in 1H2024: Deloitte report
The decrease, which highlights a “lukewarm regional IPO outlook”, is due to the lack of blockbuster IPOs in the 1H2024. During this time, Southeast Asia only welcomed one large IPO, which raised over ...
IPO Watch: 3 High-Growth Companies Going Public or Recently Listed
Discover the next big IPO success stories following the impressive growth of Arm and Reddit. The post IPO Watch: 3 High-Growth Companies Going Public or Recently Listed appeared first on The Smart ...
NSE urges market regulator Sebi to take a ‘fresh view’ on much-delayed IPO
In its petition to the court, People Activism Forum had submitted that there is no hindrance to ‘enlisting of shares of NSE with Sebi’ as the six-month prohibition imposed by the market regulator ...
Singapore: 1.5 million adults to receive up to SGD 850 in cash, govt to disburse SGD 1.4 billion in GST Voucher in August
GSTV disbursement will amount to a total of SGD 1.4 billion in GSTV – Cash and GSTV – MediSave, which is around SGD 200 million more than last year.
Singapore’s DBS boosts digital-asset push with first stablecoin tie-up
Singapore’s largest bank DBS Group Holdings Ltd. will for the first time custody stablecoin reserves and offer related cash management services, in a tie-up with the local unit of cryptocurrency ...
Singapore will not direct GIC to invest in locally listed companies
Singapore will continue to find ways to improve the attractiveness of Singapore’s equity market, but it will not direct sovereign wealth fund GIC to invest in locally listed companies, says Second ...
Chart of the Day: Stock market booked $1.17b net institutional outflow in H1
UOB, OCBC, Singtel and Yangzijiang Shipbuilding book the most inflows. Singapore’s stock market logged $1.175b of net institution outflow during the first six months of 2024, according to data shared ...
Singapore Bank Shares Extend Record Highs on Dividend Yield View
Optimism over further dividend payouts coupled with elevated Federal Reserve interest rates hopes are helping push Singapore bank shares to fresh highs. “Clients are rotating to play the ...