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Tag: stock market

Posted on 12/08/2021

DBS Bank Gets Greenlight From Singapore Regulator to Provide Crypto Services

The brokerage arm of Singapore’s DBS Bank has received approval “in principle” from the country’s financial regulator to begin offering crypto services to asset managers and companies. DBS Vickers ... ( read original story ...)

Posted on 12/08/2021

Ravi Thakran’s Turmeric Capital said to consider Singapore SPAC listing

Tumeric Capital, the Singapore-based PE firm led by former L Catterton Asia head Ravi Thakran, is reportedly exploring listing a SPAC in Singapore. ( read original story ...)

Posted on 12/08/2021

Professor-Turned-Entrepreneur Shi Xu Debuts On Singapore Rich List 2021 After Successful IPO

The 57-year-old joins the list for the first time with a net worth of $1.8 billion, following the IPO of his firm Nanofilm Technologies International. ( read original story ...)

Posted on 12/08/2021

8 Things That Business Owners Should Know About Singapore’s Economic Recovery in 2Q 2021

During that period in 2020, Singapore’s GDP had fallen 13.3%, which means we are still not yet fully recovered from the COVID-19 slowdown. Compared to our pre-pandemic level in 2Q 2019, GDP remains ... ( read original story ...)

Posted on 11/08/2021

A close look at Singapore’s thriving startup ecosystem

Singapore is home to fewer than six million people, making it one of the smallest ASEAN countries, in terms of population. It is a young country as well — having gained independence in 1963. ( read original story ...)

Posted on 11/08/2021

COMMENT: Singapore’s social divisions aren’t so clear cut

The role of foreigners in Singapore's economy has been scrutinised amid the pandemic, yet class anxieties may be the country's bigger pressure point. ( read original story ...)

Posted on 11/08/2021

Ex-L Catterton Asia Chief Thakran Said to Explore Singapore SPAC

Turmeric Capital, an investment firm led by former L Catterton Asia head Ravi Thakran, is exploring listing a special purpose acquisition company in Singapore, according to people with knowledge of ... ( read original story ...)

Posted on 11/08/2021

Singapore Raises 2021 GDP Estimate, Now Expects 6%-7% Growth

Singapore’s economy is set to expand at a faster clip than the government previously expected as the city-state shakes off an uptick in virus cases and looks to re-open more sectors through ... ( read original story ...)

Posted on 11/08/2021

Singapore Upgrades 2021 GDP Outlook as Vaccinations Gain Pace

Singapore's bellwether economy expanded more than initially estimated in the second quarter and the government raised its forecast for 2021 as COVID-19 vaccinations progressed at home and in other key ... ( read original story ...)

Posted on 11/08/2021

A workshop on sustainable finance

Capital Market Development Council, Bangko Sentral ng Pilipinas (BSP), Insurance Commission (IC) and the Asian Development Bank ... ( read original story ...)

Posted on 10/08/2021

Temasek Plans Singapore’s Longest-Ever Bond With 50-Year Note

Singapore is poised for the longest-ever bond sale in its credit market as Temasek Holdings Pte markets a 50-year security, adding to a growing list of borrowers globally locking in financing costs ... ( read original story ...)

Posted on 10/08/2021

Fitch affirms Glenmark Pharmaceuticals at BB on IPO

Fitch Ratings has affirmed Glenmark Pharmaceuticals Ltd long-term issuer default rating at BB after its active pharmaceutical ingredient API business comple ... ( read original story ...)

Posted on 10/08/2021

Singapore’s GIC invested an additional $94m into Bukalapak before its IPO

Bukalapak’s stock rose almost 25% to US$0.074 apiece on its IPO debut, but went down to US$0.072 in today’s trading session. ( read original story ...)

Posted on 10/08/2021

mm2 Asia to pursue Kingsmead transaction and cinema IPO options in parallel

The proposed sale process of mm2 Asia's cinema business will run in parallel with its runway toward listing it on the Singapore Exchange's Catalist board, the company said on Tuesday (August 10). In a ... ( read original story ...)

Posted on 10/08/2021

Top 10 Fintech and Insurtech Innovation Labs in Singapore to Check Out in 2021

Singapore, which has set out to become one of the leading fintech hubs in the world, has witnessed the establishment of dozens of innovations labs in recent years as banks and foreign tech firms are ... ( read original story ...)

Posted on 10/08/2021

Singapore’s fintech industry sees 3-year record of 72 deals worth US$614.2m in H1

Singapore's financial technology (fintech) industry saw a three-year high in deals transacted in the first half of this year, thanks to corporates speeding up their digital transformation.. Read more ... ( read original story ...)

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