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Tag: stock market

Posted on 12/06/2020

Singapore firm set to raise up to $70 mln for Southeast Asian debt venture fund

Genesis Alternative Ventures, a private lender backed by Singapore-based family office Sassoon Investment Corp, is set to raise $50-$70 million by early 2021 for its first debt fund to finance ... ( read original story ...)

Posted on 11/06/2020

Oil Traders Lose Asian Forum as Singapore Event Goes Virtual

(Bloomberg) -- Fortunes have been made -- and lost -- in the oil market this year on an unprecedented scale, but it looks like the world’s traders will have to forgo their last chance to get together ... ( read original story ...)

Posted on 11/06/2020

Singapore facing its most severe recession ever

Singapore is facing its most severe recession ever, due to the shock to supply and demand caused by the Covid-19 pandemic, said Ravi Menon, managing ... ( read original story ...)

Posted on 10/06/2020

Tiny Singapore replaces U.S. as India’s top market for engineering exports

Singapore replaced the United States as India's biggest overseas market for engineering parts in April, with exports rising 95% to $553 million from a year earlier, a trade body said on Wednesday, as ... ( read original story ...)

Posted on 10/06/2020

Software Firm Duck Creek Raises $230 Million Ahead of IPO

Duck Creek Technologies, a software provider for insurers, has raised $230 million from new and existing investors ahead of a planned initial public offering. ( read original story ...)

Posted on 10/06/2020

Singapore record FX deposit surge hints at inflow, risk aversion

Foreign currency deposits at banks in Singapore rose by a record S$6 billion in April to their highest tracked level of S$27 billion, likely reflecting foreign inflows, risk averse depositors and ... ( read original story ...)

Posted on 10/06/2020

Lawrence Wong, Minister for National Development and Second Minister for Finance

Singapore Minister for National Development and Second Minister for Finance Lawrence Wong speaks to Singaporeans on living with COVID-19. Singaporean curator and scholar Peter Lee explores the history ... ( read original story ...)

Posted on 09/06/2020

Bharti Airtel increases stake in Bangladesh-based telco Robi Axiata

NEW DELHI: Bharti Airtel Ltd on Tuesday said its wholly-owned subsidiary Bharti International (Singapore) Pte Ltd has bought an additional 6.3% stake in Bangladesh’s second largest telecom operator ... ( read original story ...)

Posted on 09/06/2020

Bringing society together is the ‘critical issue’ facing Singapore beyond elections: Heng Swee Keat

Bringing society together to cope with a period of massive change is the “really critical issue” facing Singapore beyond the upcoming ... ( read original story ...)

Posted on 08/06/2020

PwC Singapore launches new initiatives to support the community amidst COVID-19

In response to calls in the Fortitude Budget for more support for upskilling, digital adoption, and financial support for vulnerable communities, PwC Singapore has launched several new initiatives to ... ( read original story ...)

Posted on 08/06/2020

Bank of Singapore appoints industry veteran Lim Leong Guan as new global head of products

SINGAPORE - Bank of Singapore said on Monday (June 8) that it has appointed industry veteran Lim Leong Guan as its new global head of products with immediate effect.. Read more at straitstimes.com. ( read original story ...)

Posted on 08/06/2020

Singapore Airlines Secures More Than $7 Billion From Credit Lines, Rights Issue

Singapore Airlines (SINGF) announced on Monday that it has raised a total of S$10 billion ($7.17 billion) of liquidity, through a mix of secured and unsecured credit facilities, as well as a recent ... ( read original story ...)

Posted on 08/06/2020

Singapore Airlines secures $1 billion additional credit after rights issue

Global airlines have taken a huge blow as curbs imposed to stop the spread of the coronavirus led to a plunge in travel demand, leading to a liquidity crisis at firms. Singapore Airlines' total ... ( read original story ...)

Posted on 08/06/2020

Singapore can remain exceptional in these testing times

We will step up testing and contact tracing significantly. Then we can catch new cases early, isolate them and their contacts, and stamp out clusters before they grow. If all goes well and the ... ( read original story ...)

Posted on 05/06/2020

Is The Stock Market’s Optimism For Economic Recovery Valid?

The gap between the current ADS level and what's considered a growth profile is an economic chasm. Deciding if the market is accurately pricing in the economic ... ( read original story ...)

Posted on 05/06/2020

Singapore heading for record unemployment in 2020 -finance minister

Singapore's finance minister said its unemployment rate could rise to a record of over 100,000 in 2020 due to fallout from the COVID-19 pandemic. Sin ... ( read original story ...)

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