From the beginning of the year until February 20, Singapore has emerged as the leading foreign investor in Vietnam, with a cumulative investment of $2.08 billion. The figure constitutes 48.5 percent ...
Singapore to Build World’s Largest Facility to Boost Carbon-Removal Power of the Ocean
The Equatic Process, a novel carbon removal technology and one of the best inventions of 2023, is getting a major scale-up, with the world’s largest ocean carbon dioxide removal (OCDR) facility set to ...
Massive $1.2B scam! — Singapore firm accused of swindling 26,000 people in Japan’s largest fraud case
SINGAPORE: Sky Premium International, a firm registered in Singapore, is under investigation in Japan for a case referred to as the country’s biggest financial scandal. 135 billion yen (S$1.2 billion) ...
Do Fundamentals Have Any Role To Play In Driving Boustead Singapore Limited’s (SGX:F9D) Stock Up Recently?
Most readers would already know that Boustead Singapore's (SGX:F9D) stock increased by 5.4% over the past three ...
Cut-off yield on latest Singapore 6-month T-bill rises to 3.8%
Yields on the bills are determined via competitive auctions in a market that comprises individuals and institutions from Singapore and overseas, and therefore reflect the general level and direction ...
How Singapore is competing to host Asia’s newly minted wealthy
Knight Frank, however, underscored that whilst Singapore has seen a rising number of family offices, its link to "direct spending and investing is not clear cut." "Last summer, the Monetary Authority ...
Improvements to workforce, productivity key to achieving Singapore’s growth target: DPM Wong
Singapore intends to achieve its economic growth target of between 2% and 3% through improvements in its workforce and productivity. Deputy Prime Minister and Finance Minister Lawrence Wong said this ...
Singapore’s Richest Banking Dynasty Grapples With Succession
Building a multibillion-dollar empire is one thing. Keeping it in the family is another matter. By the time Wee Cho Yaw died earlier this month at 95, his five children had firmly established roles ...
CapitaLand Investment’s PATMI down 6% to $781m in FY2023.
CapitaLand Investment’s cash PATMI–profit from business operations, excluding any gains/losses from divestments, revaluations and impairments– fell 6% to $781m in FY2023, from $831m for FY2022. A core ...
Adani Group holds Singapore meet for first dollar bond
For the first time since the Hindenburg crisis, the Adani Group met with investors in Singapore, marketing an overseas bond to bolster investor confidence around its businesses before fresh bond sales ...
Committee of Supply 2024 debate, Day 1: Lim Wee Kiak on decarbonisation and green finance
As a small island state, Singapore is highly vulnerable to the effects of climate change. How is Singapore keeping pace with emerging decarbonisation pathways? How can Singapore further engage the ...
Glencore eyes Shell Singapore assets as CNOOC pulls out, sources say
SINGAPORE - Swiss miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after earlier ...
UPDATE 2-Olam Group’s Singapore-Saudi dual IPO plan for agricultural unit delayed again
Saudi IPO to not happen in H1 2024*Annual operational PATMI dips 41%*Declares final dividend 4 Singapore cents per share(Adds background in paragraphs 2-3, details in paragraphs 5 and 8)Feb 28 ...
Singapore Property Giants Hit by High Rates, Global Downturn
Singapore property giants City Developments Ltd. and CapitaLand Investment Ltd. reported bigger-than-expected declines in full-year profits, after being battered by high interest rates and a global ...
Olam H2 profit up 15.4% to $230.8 million, IPO for agriculture unit delayed again
SINGAPORE - Olam Group said its initial public offering (IPO) for its agriculture unit will no longer take place in the first half of 2024, as it announced its half-year results on Feb 28. It also ...
Olam Group’s Singapore-Saudi dual IPO plan for agricultural unit delayed again
OLAM Group said on Wednesday the initial share sale in its agricultural unit would not happen by the first half of 2024, while reporting a 41% drop in annual underlying profit due to high interest ...