The Straits Times Index (STI) has lost 0.2 per cent or 6.92 points to end at 3,077.16 on Tuesday. Read more at straitstimes.com.
MAS launches Singapore-Asia Taxonomy for Sustainable Finance 2023
SINGAPORE: In a move towards a sustainable financial future, on Sunday, Dec 3, the Monetary Authority of Singapore (MAS) unveiled the Singapore-Asia Taxonomy for Sustainable Finance. This taxonomy, a ...
Investors expect APAC commercial real estate investment to recover in mid-2024
Singapore is forecast to lead the recovery by Q2 next year. Most investors have adjusted their expectations for the recovery of commercial real estate investment activity in Asia Pacific to mid-2024 ...
Global ESG Fintech Investment Expected to Exceed US$ 100 Billion This Decade
Despite high-interest rates, plunging fintech valuations, and a slowdown in external deal activity, the environmental, social and governance (ESG) fintech sector is proving resilient and continuing to ...
Singapore’s DigiFT Wins Regulatory Approvals From MAS After Graduating From Sandbox
DigiFT, a digital assets exchange, has received Monetary Authority of Singapore (MAS) authorization to operate collective investment schemes as well as an “organized market,” or secondary-market ...
Maersk to invest over $500m in supply chains in Southeast Asia
The expansion will help Maersk to lower the cost of trade in the region, with the company planning to add warehouse capacity.
GIC said in talks to invest in Apollo’s structured-finance unit
Terms of the agreement, including the size of GIC’s planned investment in the platform, couldn’t be learned. Read more at straitstimes.com.
A $4 Trillion Valuation Is Now in Sight for India’s Booming Stock Market
A rapidly rising retail investor base and resurgent foreign inflows have put India’s stock market — the world’s fifth biggest — within striking distance of an unprecedented $4 trillion valuation.Most ...
Birkenstock Finally Tops IPO Price While Other Entrants Struggle
A rally across equity markets lifted Birkenstock Holding Plc and other newly public firms, but Wall Street still isn’t welcoming initial public offerings with open arms.Most Read from BloombergHow ...
Maersk to Invest More Than $500 Million to Boost South-East Asia Supply Chain
COPENHAGEN (Reuters) - Danish shipping company Maersk on Monday said it will invest more than $500 million to expand its supply chain infrastructure in South-East Asia.
Finance, carbon credits key to early coal phase-out in Asia: MAS chief
You want to move the needle, you’ve got to address this,” Mr Ravi Menon, Monetary Authority of Singapore managing director ... The MAS has been working with the finance sector and other partners to ...
Singapore Launches US$5 Billion FAST-P Initiative for Climate Action in Asia
Singapore introduced the Financing Asia’s Transition Partnership (FAST-P) to raise US$5 billion in funds for climate action in Asia.
Ringing in a new investment reality in the new year
Healthy returns can still be had amid a new normal of economic uncertainty, geopolitical volatility, and technological progress. Read more at straitstimes.com.
New Singapore guidelines for banks to finance transition activities to drive greater climate action
To boost climate mitigation across eight key sectors, Singapore has set new criteria for banks and financial institutions on the financing of green business activities, and transitional activities ...
India’s IPO Boom: A sign of vibrant markets and growing investor confidence
This IPO surge extends to the SME space as well ... Recently, even PhonePe's decision to relocate its base from Singapore to India last year after paying a huge tax in doing so showcases the faith in ...
Singapore invited to G20 Summit in Brazil in 2024
SINGAPORE: Singapore has been invited by Brazil to participate in the G20 Summit and meetings in 2024. Brazil took over the G20 presidency from India on Dec 1 and will hold next year’s summit in Rio ...