Genting Singapore's former vice-president of finance, Ms Kunye Tagi, has admitted to insider trading and has paid the Monetary Authority of Singapore (MAS) a civil penalty of $50,000 without court action. This follows a joint investigation by the ... ( read original story ...)
Energy storage’s day in the Singapore sun
“The Singapore government focuses on the ecosystem approach so we have the perfect finance base and a knowledge base such as Nanyang Technological University.” He adds that the transition for new technologies from test bed to real-world application is ... ( read original story ...)
A tech startup’s guide to Singapore
Here are some investors startups can look forward to meeting in Singapore: B Capital: Co-founded by Facebook’s Eduardo Saverin, the firm invests in startups along tech-reliant verticals like healthcare, transportation, finance, and consumer enablement. ( read original story ...)
6 things to know about Singapore before Trump and Kim Jong-un meet there
President Donald Trump said that his historic summit with Kim Jong Un will take place in Singapore on June 12. Here are some relavant facts about the city-state: 1. Until November 2017, Singapore was North Korea’s seventh largest trading partner In ... ( read original story ...)
Hyphens Pharma International to raise $13.5m in IPO
Upon the completion of the IPO, the company's market cap will be at $78m ... and consumer healthcare group with a direct presence in five ASEAN countries, namely, Singapore, Vietnam, Malaysia, Indonesia, and the Philippines. It sells speciality ... ( read original story ...)
Fullerton Health Eyes U.S. IPO After Singapore Setback
Fullerton Healthcare Corp., the medical service provider that shelved plans for a Singapore initial public offering in 2016, is now aiming to sell shares in the U.S., people with knowledge of the matter said. Fullerton Healthcare, founded in 2011, owns ... ( read original story ...)
Vietnam stock valuations seen as pricey after IPO binge
SINGAPORE/HANOI (Reuters) - Vietnam has just celebrated its two biggest IPOs and its first-ever ranking as Southeast Asia’s hottest capital market. But its benchmark index has also just suffered its worst monthly fall in seven years, prompting fund ... ( read original story ...)
COMMENT: Malaysia-Singapore Union Flickers Back to Life
Lee Kuan Yew, the founding father of Singapore, was a canny politician, an extraordinary statesman and an astute analyst of geopolitics. At times it was hard to tell which hat he was wearing. That seems to have been the case when, speaking to the press in ... ( read original story ...)
Singapore bank OCBC’s Q1 profit at 3-1/2 year high, tad below estimates
SINGAPORE (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd (OCBC) reported a 29 percent rise in quarterly profit, underpinned by strong growth in net interest income and wealth management, but missed market estimates, sending its shares down 3.2 ... ( read original story ...)
Ties with US, N. Korea make Singapore an optimum summit site
SINGAPORE (AP) -- With the Demilitarized Zone on the Korean Peninsula out of contention, the small nation of Singapore is a natural choice for the historic summit between U.S. President Donald Trump and North Korean leader Kim Jong Un, analysts say. Trump ... ( read original story ...)
Singapore Personal Finance Management Platform Get Acquired
Seedly, the personal finance management platform based in Singapore, is joining forces with ShopBack, the one-stop lifestyle portal of Singapore. This is the Cashback e-Commerce startup’s first acquisition after its USD40M funding announcement in ... ( read original story ...)
Singapore Stock Market Expected To Snap Losing Streak
The Singapore stock market has finished lower in three straight trading days, sliding more than 80 points or 2.4 percent along the way. The Straits Times Index now rests just above the 3,530-point plateau although it's looking at a green light on Tuesday. ( read original story ...)
Can Singapore hold firm to its stock market dominance?
Halfway through Q1, companies that reported their results gained 9% YoY, whilst FTSE Singapore beat all other 12 indices in Asia. Half of the Straits Index Times (STI) stocks that are scheduled to report earnings this reporting season have now released ... ( read original story ...)
Singapore Bourse Tipped To Open Under Pressure
The Singapore stock market on Thursday snapped the three-day winning streak in which it had advanced more than 45 points or 1.3 percent. The Straits Times Index now rests just above the 3,575-point plateau and it may take further damage on Friday. ( read original story ...)
Higher Open Expected For Singapore Shares
The Singapore stock market has fallen lower in back-to-back sessions, sliding almost 70 points or 2 percent along the way. The Straits Times Index now rests just above the 3,545-point plateau although it may find traction on Monday. The global forecast for ... ( read original story ...)
Novaland raises $160 million from convertible bonds in Singapore
The bonds were later listed on the Singapore Stock Exchange (SGX ... At least three new projects are slated to come to the market in 2018, said the firm. In 2018, Novaland sets out to reach VND21.7 trillion ($953 million) of revenue, or a whopping ... ( read original story ...)