Budget statement will be delivered by Deputy Prime Minister and Finance Minister Lawrence Wong on Tuesday, 14 February. Here are some things to note: It will be delivered at 3.30pm on Tuesday, 14 ...
Solar firm Nextracker’s shares soar in U.S. debut as IPO market ‘thaws’
Shares of solar-tracking business Nextracker Inc soared 26% in their U.S. market debut on Thursday, suggesting that the IPO market was showing signs of emerging from a prolonged freeze.
Green Link Digital Bank eyes Chinese market after strong start in S’pore
SINGAPORE – Green Link Digital Bank (GLDB), one of Singapore’s two wholesale digital banks, is setting its sights on China’s vast micro, small and medium-sized enterprise market even as it gains a ...
Commentary: Addressing Singapore’s long-term challenges – where will the money come from?
The upcoming Budget 2023 on Feb 14 - Singapore's first post-pandemic Budget - will bring longer-term challenges into sharper focus. Recent moves like the GST hike will help close the funding gap, but ...
Singapore scam victims lost S$660.7 million in 2022
Scam victims in Singapore lost S$660.7 million in 2022, up 4.5 per cent from S$632 million a year before, according to Singapore Police Force (SPF) data released on Wednesday (8 February). Scams and ...
Japan’s Sumitomo Mitsui to end corporate finance exposure to coal mining by 2040
Sumitomo Mitsui Banking Corp (SMBC) will not have any corporate and project finance exposure to coal mining by 2040 but does not have a concrete timeline for reducing support to trade finance, a ...
Singapore-based fintech Tazapay raises USD 16.9 million in Series A fundraising round, led by Sequoia Capital Southeast Asia
Singapore February 9 ANIPRNewswire Tazapay a leading fintech company specialising in cross-border payments announced today that it has raised USD 169 million in its Series A funding round Sequoia ...
Singapore Wins Record $17 Billion Investment Pledge on Reopening
Singapore said it secured record investment commitments last year as the economy reopened, while warning that officials don’t expect to repeat that performance amid mounting global headwinds.
Singapore attracted record S$22.5 billion in fixed asset investments last year, nearly double of 2021
SINGAPORE: Singapore attracted a record high of S$22.5 billion in fixed asset investments last year, which is set to create more than 17,000 jobs in the coming years, the Economic Development Board ...
Singapore REITs Fall, Weighed by Hawkish Fed Comments
By Justina Lee Singapore real estate investment trusts are trading lower Thursday, weighed by concerns of higher interest rates following remarks from ...
Expect to see better earnings from Straits Times Index constituents: Singapore Exchange
Ng Yao Loong, chief financial officer at the Singapore Exchange, says it is "situated in the right part of Asia," and better performance can be expected if economic conditions permit and if those ...
Asia IPOs In U.S. Poised To Increase As Region’s Economies Recover, Nasdaq Vice Chairman Says
This year, with Asia helping to lead a global economic recovery from Covid, the number of listings from the region may beat that pre-Covid number, Vice Chairman Robert McCooey, Jr. said in an ...
Revolut Singapore’s Customers Can Now Buy and Sell US-Listed Stocks From US$1
Revolut, a neobank with more than 25 million retail customers worldwide, is now offering stock trading for its Singaporean customers.
Multi Ways Holdings Files for IPO
By Stephen Nakrosis Singapore-based Multi Ways Holdings Ltd., which sells and rents heavy construction equipment, filed for an initial public offering ...
Revolut enables Singapore customers to trade US stocks on its app
Fintech company Revolut is now offering stock trading services to its customers in Singapore, enabling them to gain access to the United States stock market, it said on Tuesday. Read more at ...
Singapore Finance Ministry: After GST hike, more moves may be needed to raise revenues amid increased spending on healthcare, social support
After the hike in the Goods and Services Tax (GST), the Government will likely need to make further moves to boost its revenues to keep up with rising ...