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Tag: stock market

Posted on 19/03/2024

Founder of Asia’s largest female investor collective says women must find the courage to invest.

A scarcity of female investors is thought to hamper VC investment into female-owned businesses. Speaking in The Pearl Lam Podcast, Maaike ...

Posted on 18/03/2024

Novartis begins expansion of Singapore biopharmaceutical plant

Novartis has broken ground on the expansion of its $256m biopharmaceutical manufacturing facility in Singapore ...

Posted on 18/03/2024

Singapore stocks end flat on March 18 ahead of Fed interest rate announcement

SINGAPORE - The benchmark Straits Times Index (STI) closed flat on March 18 ahead of the US central bank’s policy decision mid-week. The gauge was down 1.03 points or 0.03 per cent to 3,171.90.

Posted on 18/03/2024

Ninja Van Holding Off on IPO Plans Until Profitability Improves

Logistics provider Ninja Van has put plans for a stock market debut on the back burner, the latest sign of tech startups’ struggles with falling valuations across the industry.

Posted on 18/03/2024

Singapore’s raises minimum qualifying salary amount for foreigners

The Employment Pass (EP) minimum qualifying salary is being increased from $5,000 to $5,600 per month. The qualifying salary will continue to increase progressively with age, up to $10,700 for a ...

Posted on 17/03/2024

Ryde IPO: Singapore’s First Ride-Hailing Startup to List on the New York Stock Exchange (RYDE:NYSE)

Ryde offers ride-hailing and carpooling firm, and intends to use 20% of its funds for R&D as well as 15% of its funds for expansion in Southeast Asia.

Posted on 16/03/2024

4 Singapore stocks surging with increased dividends

United Overseas Bank Ltd, Singapore’s third-largest bank, had a standout year in 2023. Thanks to high-interest rates, the bank’s total income shot up by 20% to S$13.9 billion, and its net profit ...

Posted on 16/03/2024

IXIGO IPO: A rare profitable tech startup to hit the markets

The company has raised $53 million in a pre-IPO round led by Singapore’s sovereign wealth fund GIC, which valued it at $600 million. Post-IPO, IXIGO’s expansion strategy will be anchored in scaling ...

Posted on 16/03/2024

Best savings accounts in Singapore with highest interest rates (March 2024)

0.9% p.a. The Bank of China SmartSaver account is a decently good choice for high earners. They offer probably the highest interest rates in Singapore for those who take home a monthly salary of at ...

Posted on 16/03/2024

Singapore’s UOB Sets Ambitious Growth Targets in Wealth Management

United Overseas Bank (UOB), a prominent Singaporean lender, has revealed ambitious plans to double its private wealth assets under management (AUM) in the coming years. The move comes as the bank ...

Posted on 15/03/2024

Best Bank Offers in Singapore (Mar 2024)—Win A Trip to Paris Oympics 2024, $148 Singapore Airlines Flights, and More

Each bank has their own privilege programme or deals catalogue ... Here’s a list of credit card promotion/privilege programmes in Singapore for UOB, DBS, and more. UOB Rewards+ is the UOB rewards ...

Posted on 15/03/2024

Man laundered over S$857,000 in scam proceeds; his bank accounts were used to withdraw S$1.2 million

On the instructions of a man known only as Ah Feng, Zhuang Qianbao acquired bank accounts, bought SIM cards, recruited runners and looked for USDT sellers.

Posted on 15/03/2024

Singapore Savings Bond: Latest interest rate and guide to investing (April 2024)

Application for this month's SSB offering is now open and will close at 9pm on 25 March. The upcoming interest payment will be on 1 October 2024, while subsequent payments (until maturity) will be ...

Posted on 15/03/2024

Indian bankers to get higher salary hikes than Singapore, Hong Kong

Salaries in India could rise by 10% in 2024, analyst Sarah Jane Mahmud wrote in a note Friday, citing survey data from consulting firm Aon ...

Posted on 15/03/2024

Intel has shelved investment in Italy, minister says

Intel has postponed plans to invest in Italy, the country's industry minister said on Thursday, after a project to build an advanced packaging and chip assembly factory first mooted in March 2022 was ...

Posted on 14/03/2024

Indonesia keen to work with Singapore to stage big concerts after city state’s Swift success

After seeing how Taylor Swift enchanted fans in six sold-out concerts, Indonesia has a long list of plans to attract A-list stars to its shores While there had been regional envy over Singapore's ...

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