The success of Mankind Pharma’s Rs 4,326-crore IPO, the biggest this year and the third-largest since 2022, augurs well for the moribund public issue market, which has seen just six issues this year.
Singapore retrenchments rise for 3rd straight quarter, unemployment stays low
SINGAPORE: Retrenchments in Singapore rose for the third consecutive quarter though unemployment rates remained low amid robust hiring demand. According to advance labour market estimates released by ...
Significant irregularities in reporting to investors led to Zilingo’s failure: Investor Burda
Burda Principal Investments, one of the leading investors in Singapore-based fashion startup Zilingo, has backed the action against ...
Stock Market Live: Sensex, Nifty 50 likely to start May series on a strong note
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open higher on the first trading day of the May F&O series. The indices saw the best F&O series in six months in April. Singapore ...
Pertamina Hulu Energi plans US$1.4 billion Indonesian IPO with June debut -sources
The upstream arm of Indonesia's state energy company Pertamina, Pertamina Hulu Energi, plans to debut on the local bourse in June, after raising at least 20 trillion rupiah (US$1.36 billion), two ...
Mankind Pharma IPO fails to attract retail investors
MUMBAI : Billionaire businessman Ramesh Juneja-promoted pharmaceutical company Mankind Pharma Ltd, failed to attract enough retail investors till the closing day of its much-awaited IPO – mirroring a ...
Singapore’s Boom Hits at Least One Speed Bump
Being a global magnet is cool, but it can create local strains, forcing officials to rein in a surging property sector.
Singapore – MAS Information Paper On Corporate Finance Thematic Inspection – Good Practices And Key Findings.
Singapore - MAS Information Paper On Corporate Finance Thematic Inspection – Good Practices And Key Findings. Legal News and Analysis - Singapore - Capital Markets - ...
ABSD raised to pre-emptively dampen property investment demand: Desmond Lee
SINGAPORE - The latest round of cooling measures was aimed at preventing property prices from being pushed up by investors and prioritising Singaporeans buying homes for owner-occupation, said ...
Asia markets largely higher as new Bank of Japan chief chairs first policy meeting
Asia-Pacific market were largely lower on Thursday as investors focus on the Bank of Japan’s first policy meeting led by new BOJ governor Kazuo Ueda.
Alipay continues regional expansion as speculation of IPO plans begin to resurface
Ant Group is continuing to grow its Alipay+ digital payment service across Asia, with a significant new deal integrating it into Singapore’s unified QR system, as speculation about its much-lauded IPO ...
Number of women brand owners, inventors rising in Singapore: report
The proportion of women brand owners who registered trademarks rose to 23.4% in 2022. More women are participating in intellectual property (IP) management and innovation in Singapore, a recent study ...
Singapore fuel oil stocks slip to four-week lows; net imports ease 19%
SINGAPORE, April 27 (Reuters) - Residual fuel oil stocks at key trading hub Singapore fell to four-week lows, with net imports easing by 19% after jumping last week, official data showed on Thursday.
Singapore unveils surprise measures to cool property market, doubles stamp duties for foreigners
The tax is now 60 per cent for foreign buyers, while citizens and permanent residents will see small increases when buying second and subsequent properties.
UPDATE 1-Shares of Singapore property firms slip on surprise tax hike
Shares of Singapore property companies fell on Thursday after the government raised taxes on private property purchases, including doubling stamp duty for foreigners.
Cooling ‘pre-emptive measure’ to dampen local & foreign property investment demand: Desmond Lee
Raise ABSD rate from 17 per cent to 20 per cent for Singapore citizens purchasing their second residential property Raise ABSD rate from 25 per cent to 30 per cent for Singapore citizens purchasing ...