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Tag: stock market

Posted on 17/05/2024

Singapore’s next PM, Lawrence Wong, to remain as Finance Minister for ‘stability’

Wong, 51, who currently serves as Deputy Prime Minister, will succeed incumbent Prime Minister Lee Hsien Loong, 72, son of Singapore’s late founding father Lee Kuan Yew. Wong has been overseeing the f

Posted on 17/05/2024

Singapore’s Sinton and Agritech Startup Agribid to Invest $50 Million for Logistics, Warehousing in India

The collaboration between Sinton and Agribid, as per statement, will further boost sustainability in the agricultural landscape and make a lasting impact on the nation's agricultural industry.

Posted on 17/05/2024

Singapore student activists question ExxonMobil backing of low carbon solutions lab

plan to increase the base of research and innovation firms in Singapore, NTU explained. ExxonMobil told Eco-Business that its role in the lab was to invest “in real solutions that are reducing ...

Posted on 17/05/2024

‘No better player’ than GIC to help revitalise fortunes of Singapore stock market: observers

AS DEBATE over the need for a revitalisation of the Singapore Exchange (SGX) heats up, most market watchers that spoke to The Business Times believe it is time to “think out of the box”, and seriously ...

Posted on 17/05/2024

Haidilao restaurant operator Super Hi prices US IPO at US$19.56 per share

It plans to primarily use the proceeds from the offering to expand its Haidilao chain globally. Read more at straitstimes.com.

Posted on 17/05/2024

Singapore’s monetary policy should remain tight until inflationary pressures recede: IMF

Visiting IMF economist says intensified geopolitical conflicts could increase volatility in global energy and food prices. Read more at straitstimes.com.

Posted on 17/05/2024

Singapore’s first new PM in 20 years holds inaugural cabinet meeting

Singapore's first prime minister in 20 years held an initial cabinet meeting on Thursday after taking office with a pledge to sustain what he called the miracle of the wealthy city state amid an ...

Posted on 17/05/2024

Loan growth & higher fees prop up Singapore banks’ earnings in Q1

OCBC is forecasted to raise its final dividend to 44 Singapore cents in H2, representing a 5% increase. One future notable project that the bank may embark on is the redevelopment of the OCBC Centre, ...

Posted on 16/05/2024

Singapore Airlines CEO Says Travel Out of China Not Yet Recovered

"Travel into China has been strong, travel out of China has not yet recovered fully," Singapore Airlines CEO Goh Choon Phong told media. He said the visa-free scheme between China and Singapore which ...

Posted on 16/05/2024

Shein suppliers work 75-hour weeks, report claims as Chinese fast-fashion giant looks to IPO

A new report suggests that workers at some of its suppliers are still clocking 75 hours a week, despite assurances the company would improve labor standards.

Posted on 16/05/2024

Mitsui to invest in Singapore refrigerated warehouse

Japanese shipping giant Mitsui OSK Lines will invest in a new cold storage warehouse project in Singapore that will include Asia’s tallest industrial refrigerator. This is a news story by the ...

Posted on 16/05/2024

Air India-Vistara merger awaiting foreign direct investment, other approvals, says Singapore Airlines

Helped by robust air travel demand, the group posted a 24 per cent rise in net profit at 2,675 million Singapore dollars for FY 2023-24.

Posted on 16/05/2024

Himanta Biswa Sarma congratulates Singapore’s new PM, eyes enhanced collaboration

Assam Chief Minister Himanta Biswa Sarma congratulates Singapore's new Prime Minister, Lawrence Wong. Sarma emphasises on strengthening ties between Assam and Singapore under PM Modi's Act East Policy ...

Posted on 15/05/2024

Prime Bank Investment holds roadshow in Singapore

Prime Bank Investment Ltd (PBIL) recently organised an "Investment Roadshow Singapore 2024", aiming to empower remittance earners and unlock the nation's potential in the Capital Market. Powered by ...

Posted on 15/05/2024

Dubai beats Singapore, London as top city for ‘greenfield’ FDI projects

FDI Markets data, compiled by the Financial Times, found the UAE's financial capital ranked top overall in global "greenfield" FDI projects attracted in 2023.

Posted on 15/05/2024

Singapore’s new prime minister vows to ‘lead in our own way’ as Lee dynasty ends after half-century

Amid China-U.S. rivalry, he said Singapore — which has stayed neutral — would continue to engage both nations. Wong has retained the Cabinet and held onto his finance portfolio as he prepares for his ...

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