Welcome to this week’s edition of top stock market highlights. StarHub released its earnings ... while looking to diversify its customer base and regional presence. Genting Singapore also released its 1H 2024 earnings and delivered a strong set of ...
The Week Ahead: Trade and inflation data, EPB’s IPO debut in focus
This article first appeared in The Edge Malaysia Weekly on August 19, 2024 - August 25, 2024Malaysia kicks things off on Monday with the release of July’s external trade numbers, where UOB Global ...
COSCO SHIPPING International (Singapore) First Half 2024 Earnings: EPS: S$0.001 (vs S$0.001 in 1H 2023)
Net income: S$2.28m (up 16% from 1H 2023). Profit margin: 2.8% (up from 2.2% in 1H 2023). The increase in margin was driven by lower expenses. COSCO SHIPPING International (Singapore) shares are up ...
Q & M Dental Group (Singapore) First Half 2024 Earnings: EPS: S$0.01 (vs S$0.006 in 1H 2023)
Performance of the market in Singapore. The company's shares are up 1.9% from a week ago. It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign ...
Former bank employees in Singapore charged in money laundering scheme
Two former bank relationship managers are facing multiple charges for their involvement with a billion-dollar money laundering operation that converted dirty money into assets held in Singapore, ...
Singapore Lifestyle Firm Seeks $50 Million Private Loan for Luxury Indonesian Resort
Singapore-based lifestyle and hospitality investment company Rascal Ventures Pte. is seeking around $50 million of private credit to expedite the completion and opening of its luxury resort in ...
Johor-Singapore SEZ to spur investments from mainland China, Taiwan, UOB says
UOB’s managing director believes investors will want to take advantage of tax incentives offered within the special economic zone.
StarHub finance chief Dennis Chia resigns, GoTo’s Jacky Lo to take over
Dennis Chia has resigned from his position just over nine years into the role, citing “personal reasons”. Read more at straitstimes.com.
Singaporean victims lose $36M in online investment scams
Singapore's police have reported that victims lost at least US$36 million in less than two months to conmen touting investment scams on chat groups and social media platforms.
Tencent-Backed Airwallex Reaches $500 Million in Sales, Eyes IPO Readiness
Airwallex, a payments startup backed by Tencent, has reached a significant milestone with an annual revenue run rate of $500 million. CEO and co-founder Jack Zhang revealed the company’s aim to become ...
Johor-Singapore SEZ: MB moots special border passes for top company executives for easier travel, congestion concerns
Johor Menteri Besar Datuk Onn Hafiz Ghazi has suggested special border passes for captains of industries to tackle issues such as manpower and traffic congestion concerns for the proposed ...
24th Meeting of the Singapore-Sichuan Trade and Investment Committee Held in Singapore
SINGAPORE, Aug. 16, 2024 /PRNewswire/ -- A news report from CRI Online: ...
Singaporean victims lose 36 million USD in online investment scams
Singapore's police have reported that victims lost at least 36 million USD in less than two months to conmen touting investment scams on chat groups and social media platforms.
Not alone, but we are Singapore
Complainers should do something to revive the SGX, like taking capital back from US stocks and invest locally, says this writer.
Temasek’s billions at stake: Investment in US tech giants sees mixed fortunes amid market volatility
Temasek Holdings invested billions in US tech giants like Microsoft, Apple, and Nvidia, increasing its holdings by US$3.3 billion. Despite a subsequent dip in tech stocks, some have started to recover ...
Tencent-backed Airwallex hits $500 million annualized sales, aims to get IPO-ready by 2026
Payments startup Airwallex has reached an annual revenue run rate of $500 million and will be ready for an IPO by 2026, CEO Jack Zhang told CNBC.