News
Equity capital markets off to slow start, down 54.2% YoY
Equity capital markets off to slow start, down 54.2% YoY
Of the total proceeds raised in 1Q24, US$458.95m were via follow-on offerings.
$350m contracts boost Seatrium's portfolio
The company is set to complete the new contracts by the end of 2025.
Singapore M&A suffers 5.5% YoY decline in value
Both inbound and outbound M&A deals also declined in 1Q24.
Seatrium awards crane contract to Norway's Motus
The crane will be for Equinor’s Empire Wind 1 Offshore Substation.
Singapore’s insurance agent numbers wane, appeals fewer since 2015
Around 90% of these agents were Singapore citizens.
Singlife Philippines secures $10.7m for digital expansion
The capital injection will be used for platform enhancement, product innovation, and partnerships.
Contactless, mobile pay dethrone cash in Singapore
Five in 10 say cash is their least preferred payment method.
Daily Markets Briefing: STI up 0.4%; Top stock is DBS
DBS is the top stock with a 0.808% increase.
Bitcoin halving event sparks interest in Singaporean investors: report
With no offerings of Bitcoin ETFs in the city-state, retail investors set sights overseas.
Singaporeans’ top social concerns: mental health, vulnerable groups
Healthy and environment-friendly habits emerge amid growing worries.
Premium bicycle technologies gain momentum in Singapore
There is a rising demand for premium bicycle technologies among Singaporean cyclists.
VAST Data establishes APJ headquarters in Singapore
Amidst AI surge, VAST Data aims to amplify its presence and influence in the Asia Pacific and Japan region.
Singapore outpaces global peers in ethics compliance
Singapore organisations lead with 20% higher ethics and compliance metrics than global averages.
1 in 2 young professionals confident about increasing AI integration.
The new global research said that most young professionals do not see artificial intelligence as a threat.
Carousell Group acquires LuxLexicon to boost luxury segment
The group’s luxury bag category listings have grown monthly by 71% in the past two years.
City Square Mall's $50m upgrade set for 2025 completion
Enhancement activities began during the third quarter of 2023.
MAS expands regulations for digital payment token service providers
It will impose requirements for anti-money laundering and user protection.
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