In its latest earnings release for the financial year ending March 2025 published this week, NTT said it aims to transfer six NTT Limited-owned data centers to a proposed Singapore real estate ...
Lyon Investments ups offer price for Sinarmas Land and extends closing date
SINGAPORE] Lyon Investments has raised the offer price for Sinarmas Land shares to S$0.375 a share from S$0.31 a share, in an announcement on Saturday (May 10). Read more at The Business Times.
CATL to bar some US funds from world’s biggest listing of 2025
Contemporary Amperex Technology Co. Ltd., the world’s largest maker of batteries for electric vehicles, is planning to limit the types of US investors that can participate in its Hong Kong listing, an ...
Shopee parent Sea opens new financial services HQ in S’pore, rebrands SeaMoney as Monee
Monee is leasing 10 floors, spanning over 200,000 sq ft, at Rochester Commons. Read more at straitstimes.com. Read more at straitstimes.com.
Foreign investors ramp up Singapore logistics bets amid shifting global trade flows
SINGAPORE – Singapore’s links to Eastern and Western markets and moves by shippers to reconfigure supply chains amid trade and geopolitical risks are prompting foreign investors to pour funds into ...
More Hong Kong IPO hopefuls emerge as sentiment draws global investors
SAIC Mobility unveiled its plans on Friday; others like Mirxes, Insilico and CiDi revive their applications, according to exchange filings.
Issue 147: GIC, Temasek find adaptation opportunities; Singapore, Malaysia grow private green finance
Singapore’s sovereign wealth investors find adaptation potential; South-east Asia’s private green finance reaches US$8 billion in 2024 Read more at The Business Times.
Malaysian retail group Macrovalue eyes Bursa listing in three years
This follows its acquisition of all Cold Storage and Giant outlets in Singapore from DFI Retail Group in March this year ...
Singapore banks set aside extra allowances to account for heightened uncertainty
SINGAPORE] The local banking trio have taken extra allowances in their first-quarter 2025 results amid a rise in uncertainty in the macroeconomic environment. Read more at The Business Times.
Singapore stocks open weaker as Fed leaves rates unchanged; other Asian markets mixed
SINGAPORE] Singapore stocks opened weaker on Thursday (May 8) following the overnight announcement by the US Federal Reserve that it will be holding rates steady. Read more at The Business Times.
Malaysia and Singapore attracted bulk of US$2.4 billion green investment hike in Southeast Asia in 2024
Malaysia has boosted renewables-powered data centres while Singapore's solar energy financing jumped. But progress is uneven in the region as it struggles to close an annual funding gap of more than ...
Singapore stocks retreat as investors keep eye on tariff negotiations; STI dips 0.4%
Venture Corp was the top gainer on the index, while Mapletree Logistics Trust led the losers. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s Temasek, UK family office invest in digital impact marketplace Co-Axis
Singapore state investment company Temasek Holdings and UK family office Richardson Family are investing S$1.25 million (US$1 million) in Co-Axis, a digital impact investment marketplace.
Rajat Tiwari To Lead €15 Billion Investment Initiative In Europe And Singapore
Rajat Tiwari, a prominent figure in investment banking, is set to spearhead a major financial collaboration between European investors and Singapore.
GE2025: Analysts expect ‘major’ Cabinet reshuffle, with defence, finance and DPM roles the ones to watch
Prime Minister Lawrence Wong is expected to bring in new political office holders and reassign key ministers as he forms his first Cabinet following the PAP's strong election showing.
Malaysian Dollar Store Eco-Shop Sets IPO Price at Lower End of Range, Sources Say
Eco-Shop is set to price its initial public offering at the lower end of its guidance range, valuing the company at close to $1.5 billion, people familiar with the situation said.