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 ...
Weapons finance scrutiny to be part of Singapore casino AML
Singapore’s parliament gave a first reading on Tuesday to a bill that will – among other things – amend the city-state’s Casino Control Act to tighten requirements for casino operators to conduct ...
Paxos approved by MAS for DPTservices; names DBS as primary banking partner
The approval marks Singapore as the third market where Paxos and its related entities are authorised to issue stablecoin.
No profit, no problem: Singapore’s digital banks in six charts
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Singapore Gov’t Should Not Interfere in GIC Investments, Says Minister
The Singapore government should not direct or interfere with sovereign wealth fund GIC’s investment decisions, emphasised Chee Hong Tat.
Indranee Rajah on Bills to strengthen Singapore’s anti-money laundering regime
Corporate service providers (CSPs) support companies in a range of key activities. They therefore serve as “gatekeepers” against the misuse of companies and are regulated by the Accounting and ...
New Singapore law quadruples fines for corporate service providers that breach anti-money laundering duties
The new law will require all businesses that provide corporate services to register with ACRA, even if they do not transact with the authority.
Singapore will not direct GIC to invest in locally listed companies: Chee Hong Tat
SINGAPORE - 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, ...
Is Shunned Shein The Future For Blockbuster China IPOs?
Shein may end up listing in Hong Kong, after its New York IPO plan collapsed and its latest London plan faces similar geopolitical pressures The case shows how blockbuster IPOs by Chinese firms are ...
Health insurer Niva Bupa files draft prospectus for Rs 3,000 crore IPO
The issue consists of a fresh issue of Rs 800 crore and an offer for sale of upto Rs 2200 crore by its existing shareholders and promoters.
Niva Bupa Health files for ₹3,000-cr IPO
Niva Bupa Health Insurance, formerly Max Bupa has filed its draft red herring prospectus for a ₹3,000 crore initial public offering, of which ₹800 crore would be raised through a fresh issue and ...
Singapore aims to make it easier to prosecute money laundering cases
Singapore is seeking to make it easier for law enforcement to prosecute money laundering offences in the city-state, the home affairs ministry said, noting how currently some cases are not pursued ...
Singapore warns of misuse of remittance for terrorism financing
Money remittances remain the highest risk sector of being exploited for Terrorism Financing (TF) in Singapore, according to a report published in the country on July 1.
Niva Bupa files draft papers for Rs 3,000-crore IPO
The OFS will see the promoter company, Bupa Singapore Holdings Pte, sell shares worth Rs 320 crore while external investor Fettle Tone LLP will sell shares worth Rs 1,880 crore.