ICICI Securities hires banks for Rs 30 billion IPO

SINGAPORE: ICICI Securities has hired Bank of America Merrill Lynch, Citigroup, Citic CLSA, Edelweiss and IIFL Holdings for a Rs20bn -Rs30bn (US$310m-$465m) IPO slated for early next year, a person with knowledge of the transaction said. The company plans ... ( read original story ...)

Singapore launches electric car-sharing service

Singapore (AFP) - Singapore on Tuesday launched an electric car-sharing service, the latest transport innovation aimed at encouraging people away from owning vehicles and keeping gridlock at bay in the space-starved city-state. BlueSG, a subsidiary of ... ( read original story ...)

Additional Support Tipped For Singapore Shares

The Singapore stock market on Friday snapped the four-day losing streak in which it had fallen more than 60 points or 1.8 percent. The Straits Times Index now rests just beneath the 3,425-point plateau and it's expected to open higher again on Monday. ( read original story ...)

Seven Indian bankers in Singapore you need to know about

Banks in Singapore have turned to the subcontinent to plug skill shortages in technology and to help expand their Indian coverage desks in private banking, for example. But it’s not just in wealth and tech where Indians are playing leading roles in ... ( read original story ...)

Amazon Takes Prime to Singapore, Focuses on Southeast Asia

Amazon.com Inc. AMZN recently announced the launch of subscription-based Prime membership in Singapore. The service will focus on areas like fast and free shipping, streaming and gaming. The move comes about six months after the e-commerce giant ventured ... ( read original story ...)

Singapore is about to get its first bitcoin dispute trial

A legal dispute involving bitcoin will soon head for trial at the Singapore International Commercial Court (SICC), a first for the city-state. The Straits Times (ST) reported that the dispute was between electronic market maker B2C2 and bitcoin exchange ... ( read original story ...)

Steady Start Seen For Singapore Stock Market

(RTTNews.com) - The losing streak has reached three sessions now for the Singapore stock market, which has surrendered more than 50 points or 1.5 percent along the way. The Straits Times Index now rests just beneath the 3,400-point plateau, although it may ... ( read original story ...)

Two charged in Singapore over Airbnb rentals

Singapore (AFP) - Two men have been charged in Singapore with illegally renting out apartments on Airbnb, the first such prosecutions in the city-state under new rules, local media reported Wednesday. Regulations introduced in May ban homeowners from ... ( read original story ...)

Reserves help Singapore weather economic storms

Singapore's reserves deliver long-term economic stability while giving the country firepower to weather crises, Finance Minister Heng Swee Keat said yesterday. The reserves have been accumulated over many years as a result of prudent spending by past ... ( read original story ...)

Amazon launches subscription-based Prime service in Singapore

SINGAPORE (Reuters) - Amazon.com Inc on Wednesday launched its subscription-based Prime service in Singapore that provides access to fast shipping, streaming and gaming, intensifying competition with incumbent rival Alibaba-backed Lazada in Southeast Asia ... ( read original story ...)