Smaller firms in Singapore, Indonesia, Malaysia, Thailand and Vietnam are set to spend $173.6 billion on technology – a 70 per cent increase over the next three years, noted a new report. Read more at ...
Singapore stocks struggle for direction amid uncertain outlook
Mixed messages from the United States overnight gave traders here little to go on yesterday and left the local market on an even keel. Read more at straitstimes.com.
UOB to invest S$500 million to build global technology and innovation centre
UOB is to invest S$500 million to build a new global technology and innovation centre in Singapore's Punggol Digital District (PDD) ...
Alipay continues regional expansion strategy 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 ...
IPO screener: Mankind Pharma subscribed 0.14 times at end of Day 1
The ₹4,326-crore initial public offering of Mankind Pharma Ltd, which opened for subscription on Tuesday, was subscribed 0.14 times or 14 per cent on Day 1. The issue comes at a price band of ₹1,026-1 ...
Singapore to produce a steady pipeline of emerging tech start-ups
The Agrifood sector accounted for the largest proportion of emerging tech companies incorporated in 2022, reports SGInnovate.
Dollar, yen buoyed as US banking sector fears put safe-havens back in vogue
The U.S. dollar and the yen, both safe haven assets, were mostly steady after spiking higher overnight as renewed concerns over the U.S. banking sector and economy dented risk sentiment. The dollar ...
Singapore, Shanghai ink record 15 deals
Local companies have deepened ties with their Shanghai counterparts, with the signing of a slew of agreements across a broad swathe of sectors as bilateral trade rose.
Syfe allies with US-based investment management firm for unique offering
Monthly payouts range between 4.0% to 6% per annum. Singaporean digital wealth manager Syfe has announced Syfe Income+. Powered by US-headquartered PIMCO, Syfe utilises a distinct portfolio ...
Singapore hospitality players to expand globally in 2023 and beyond
The Ascott Limited and Frasers Hospitality aim to capitalise on demand for travel as pandemic curbs ease. Read more at straitstimes.com.
GXS Bank launches flexi loans from as low as S$200 with tenure as short as 2 months
GXS Bank has launched a flexible loan product targeted towards individuals with difficult access to credit facilities. Find out more.
Singapore stocks fall amid weak regional sentiment
The Straits Times Index (STI) fell 0.8 per cent, or 27.99 points, to 3,296.56 on Tuesday amid weak market sentiment in the region. Read more at straitstimes.com.
Shanghai, Singapore Ink Record 15 Agreements as Bilateral Trade Grows
Local companies deepened ties with their Shanghai counterparts on Monday, with the signing of a slew of agreements across a broad swathe of sectors as bilateral trade rose. According to official data, ...
Former assistant finance manager jailed for embezzling S$5.1 million from company
SINGAPORE: A former assistant finance manager of an IT equipment company was sentenced to 10 years' jail on Tuesday (Apr 25) for embezzling S$5.1 million (US$3.8 million) from his firm. Singaporean Ho ...
Ex-assistant finance manager who stole more than $5m from then employer gets 10 years’ jail
A former assistant finance manager who misappropriated with more than $5 million from his then employer was sentenced to 10 years’ jail on Tuesday. Read more at straitstimes.com.
Singapore’s Cosmose AI raises funds; valuation jumps to $500m
Although Cosmose AI did not disclose details, its valuation hit $500 million after Near's investment -- $400 million more than after a $15 million Series A round in September 2020.