Deutsche Bank AG new Asia chief executive officer will be based in Singapore, picking the city over Hong Kong at a volatile time for the Chinese territory. ( read original story ...)
SMIC scores mainland China’s biggest IPO in a decade
SMIC, valued at $31bn on Wednesday, will become one of the China’s top 50 most valuable public companies after the listing. It has already sold roughly half its placement to institutions, raising ... ( read original story ...)
Singapore Researchers Look to Intel Neuromorphic Computing to Help Enable Robots That ‘Feel’
National University of Singapore demonstrates the promise of event-based vision and touch sensing in combination with Intel’s neuromorphic processing. ( read original story ...)
Ex-bank exec gets 12 weeks’ jail for possession of obscene films, child pornography
During a police raid at the home of a former senior bank executive, DVDs and other electronic devices containing 245 obscene films were seized.. Read more at straitstimes.com. ( read original story ...)
Singapore’s Wavemaker Closes Third Venture Fund at $111 Million
(Bloomberg) -- Wavemaker Partners LLC, an early-stage venture capital firm, has closed its third investment fund for Southeast Asia at $111 million.The Singapore-based firm exceeded its initial target ... ( read original story ...)
More than 10,600 companies tap S$9.4b of loans through Enterprise Singapore over last 4 months: Chee Hong Tat
SINGAPORE: More than 10,600 companies have taken up loans ... work processes that are currently conducted manually by our colleagues (who are) doing admin, finance, all the way down to sales and ... ( read original story ...)
Singapore economy contracts 41% on quarterly basis
Singapore’s economy entered recession in the April-June quarter, contracting 12.6% from the same period a year earlier. Preliminary data reported Tuesday showed the ... ( read original story ...)
Singapore will need a fiscal cushion after disappointing GDP figures: Strategist
Mitul Kotecha of TD Securities discusses the outlook for Singapore's economy in light of disappointing second-quarter GDP figures. He says that despite some "silver linings", trade and tourism will ... ( read original story ...)
Singapore Paincare Holdings offers IPO shares at $0.22 apiece
Pain care management services provider Singapore Paincare Holdings (SPCH) will offer 24,246,000 placement shares at $0.22 apiece as it registers its IPO prospectus on Singapore Exchange (SGX), ... ( read original story ...)
Best Alternatives to Savings Accounts in Singapore (2020)
Ever since banks started reducing their deposit interest rates, we’ve started seeing a slew of non-traditional alternatives to savings accounts. Some popular ones you might have heard of are the ... ( read original story ...)
Singapore’s Version of a Political Shock Upends Old Playbook
Most political parties around the world would be thrilled to win 89% of seats in an election. Not in Singapore. ( read original story ...)
Pan Asia Metals – Planned IPO and Corporate Update
Subject to funding, PAM is currently preparing to drill at Target 2 with the aim of commencing drilling around the time of its IPO. Further information on PAM PAM is a private Singapore registered ... ( read original story ...)
Real estate, bank sectors in Singapore are still competitive, exchange says
Geoff Howie of the Singapore Exchange discusses the competitive outlook for the Straits Times Index and Singapore's banking and real estate sectors. Got a confidential news tip? We want to hear from ... ( read original story ...)
Singapore Hedge Fund Gaining 27% Sticks With Asia Tech
A Singapore-based hedge fund is betting on continued recovery in Asian technology stocks, as it expects consumer demand held back by the coronavirus pandemic will soon rebound. Timefolio Asset ... ( read original story ...)
Coinsilium to shift focus to decentralised and crypto finance in strategic review
and crypto finance sector” and realign itself to participate in its recently launched IOV joint venture in Singapore. The crypto investment and advisory group said the global crypto finance market is ... ( read original story ...)
Singapore says blockchain payments project ready for commercial rollout
Singapore has developed a blockchain-based payments network that could enable faster and cheaper international settlements, authorities said on Monday, adding that the next step was a commercial ... ( read original story ...)