Singapore has much to celebrate this year with SG60, but we must be aware of the rapidly changing global landscape and invest in creating our future, said Deputy Prime Minister Heng Swee Keat on ...
FII-backed pharma stock: Company acquires 10k shares of Singapore subsidiary; up 335% in 1 yr
Mumbai-based Sudarshan Pharma Industries is a smallcap company, engaged in specialty chemicals and intermediates for various sectors. Its shares have delivered an impressive return of 335 per cent in ...
CapitaLand Investment posts second-half profit rebound; proposes dividend-in-specie of CICT units
SINGAPORE - Real estate investment manager CapitaLand Investment (CLI) bounced back into profit in the second half of 2024, proposing a special dividend in the form of units in its biggest Reit and a ...
335% Jump In 1 Yr: Multibagger Penny Stock Expands Global Footprint With Singapore Subsidiary Acquisition
For an estimated S$10,000, Sudarshan Pharma Industries Limited (SPIL) purchased 10,000 shares in the pharmaceutical firm owned by Amar Ashok Vyas.
Budget 2025 debate: Don Wee on Singapore as leader in green finance and sustainability
Singapore must continue to lead in green finance and sustainability, said MP Don Wee. Speaking in parliament on Thursday (Feb 27), he urged the government to liberalise the GST treatment for input tax ...
Singapore To Invest $44.8M To Develop Space Industry by Setting up Earth Observation Initiative
Singapore will collaborate with its international counterparts to create global norms and an inclusive, open, and rules-based system that governs space operations.
Singapore’s DBS to cut 4,000 jobs, replace humans with AI
WHAT humankind feared the most about AI is catching up. Singapore’s biggest bank says it will be laying off 4,000 people over the next three years. This is beca ...
Father-Son Feud Plunges Singapore’s Richest Clan Into Crisis
An alleged boardroom coup attempt, a lawsuit between a family patriarch and his son, and accusations of corporate governance lapses — even by the standards of Asian succession drama, the family feud ...
Basel Medical opens at $4.19, IPO priced at $4 per share
Basel Medical (BMGL) filed for an initial public offering of 2.205M ordinary shares. Cathay Securities is acting as the underwriter for this ...
Singapore equities climb 6% on gains in finance, telecom sectors: FTSE Russell
Singapore’s equity market delivered a 6.0% return, outperforming its ASEAN peers. Singapore’s strong equity performance, driven by Financials, Telecom, and Utilities, reflects robust market sentiment, ...
Singapore’s Mapletree wins land tender, adds Tsing Yi logistics site to Hong Kong assets
Hong Kong has awarded Singapore’s Mapletree Investments a 50-year land grant to a parcel of land in the New Territories for about HK$3.68 billion (US$473 million), according to the Lands Department on ...
Fund managers welcome MAS’ $5b boost for stock market; SGX shares up nearly 4%
But they said they would still have to look at liquidity and fundamentals, especially those of smaller stocks. Read more at straitstimes.com.
Budget Brief: Singapore Defense Budget Growth Continues
Singapore’s defense budget is set to increase by double digits for the fourth time in five years in 2025 as the city-state responds to a deteriorating global security environment. According to the ...
Singapore banks complete interest rate benchmark transition to SORA
The SORA market has since grown to more than $3 trillion in outstanding derivatives, bonds, and loans, comparable to the size of the SOR and SIBOR market before the start of the transition exercise.
Daily Cuts – A 5 billion dollar shot in the arm of the Singapore equities market
Singapore Today's Daniel Martin and Susan Ng speak with Neil Parekh, a member of the Equities Market Review Group set up by MAS, and Shane Chesson, Founding Partner at Openspace Ventures, on a 5 ...
Singapore’s S$5 Billion Stock Plan to Drive Flows, Analysts Say
Singapore’s plan to lift local equities by investing S$5 billion ($3.7 billion) with fund managers is seen as a good start, while regulatory shifts will allow a wider range of companies to seek ...