Posts by Swedan Margen
Australia regulator trials faster IPO process as listings hit decade low
[SYDNEY] Australia’s securities regulator said on Tuesday (Jun 10) it would trial changes to speed up initial public offerings that are at a decade low by implementing recommendations from earlier reviews and allowing faster access for retail investors. The Australian Securities and Investments Commission (ASIC) said the changes could shave as much as one week…
Read MoreSingapore stocks snap 5-day winning streak on Tuesday; STI down 0.1%
[SINGAPORE] Local stocks closed lower on Tuesday (Jun 10), ending five straight days of gains amid concerns that the US-China trade talks may not be going well. Chinese stocks fell ahead of the second day of trade talks with the US, a sign that investors are still nervous as the countries meet to address contentious…
Read MoreTop India dealmakers earn 37% more than Singapore peers
Published Tue, Jun 10, 2025 · 05:40 PM [NEW DELHI] Senior dealmakers in India are earning more than their counterparts in Singapore and Hong Kong, according to Bloomberg Intelligence, as global firms boost pay to attract top talent in the world’s fastest-growing major economy. Heads and directors at investment banks in the South Asian nation’s…
Read MoreNeo Group buys over bakery chain PrimaDeli’s operations for undisclosed sum
[SINGAPORE] Caterer Neo Group has bought over the business operations of home-grown bakery chain PrimaDeli from Prima Food for an undisclosed sum. Established in 1992, PrimaDeli is Singapore’s first bakery franchise and the longest-running food franchise in the Republic, according to its website. PrimaDeli is managed by Prima Food, the food manufacturing arm of flour…
Read MoreThai tech services outlook remains positive amid recession fears: Analyst
[SINGAPORE] Maybank Securities has sounded a positive note for the outlook for the Thailand technology services sector, on the back of support from the banks and government. In a report dated Jun 6, Maybank Securities analyst Wasu Mattanapotchanart singled out tech consulting company Bluebik as the top pick for growth. Maybank Securities estimated that the…
Read MoreEnterprise GRC Implementation Revolutionizes Control Frameworks Across 15-Country Global Operation
A comprehensive Governance, Risk, and Compliance (GRC) implementation featuring advanced Process Controls, Access Controls, and Continuous Control Monitoring has been successfully deployed across one of the world’s largest enterprise platforms. It serves over half a million users across 15+ countries with a strategic focus on Southeast Asian market integration. Aryendra Dalal, Manager Application Security Engineer…
Read MoreElite UK Reit to acquire three UK government-leased assets for £9.2 million
[SINGAPORE] The manager of Elite UK Real Estate Investment Trust (Reit) announced on Tuesday (Jun 10) that the Reit has entered into a conditional sale-and-purchase agreement to acquire three freehold government infrastructure assets in the United Kingdom for £9.2 million (S$15.9 million). The seller is Elite Phoenix, a subsidiary of Elite UK Commercial Fund II. …
Read MoreOur Unwritten Seoul Star Park Bo Young Shares Exciting New Details About Upcoming Project
Our Unwritten Seoul star, Park Bo Young, has shared exciting new details about her upcoming project. The Disney+ drama will focus on the transformation of a woman named Hee Joo while she tries to protect gold bars. It will follow Hee Joo after she possesses gold bars linked to an illegal smuggling ring. She will…
Read MoreJumbo ventures beyond chilli crab to bring famous Siji Minfu Peking duck chain to Singapore
[SINGAPORE] Home-grown seafood restaurant group Jumbo has inked a joint venture with Chinese roast duck brand Siji Minfu to bring its signature Peking duck to Singapore. While no launch date was provided, the restaurant is expected to open at Resorts World Sentosa, featuring the brand’s famed traditionally roasted Peking duck and its hallmark northern Chinese…
Read MoreAustralia shares close at record high
(SYDNEY) Australian shares logged a record close on Tuesday (Jun 10), with banks and energy stocks leading the charge, as renewed optimism over US-China trade negotiations lifted investor confidence and fuelled a broad market rally. The S&P/ASX 200 index rose 0.8 per cent to 8,587.20 points, a closing high. The benchmark was closed on Monday…
Read MoreDBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
[SINGAPORE] DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a stronger and more focused business strategy. This represents an upside of 28.6 per cent from the DFI’s previous closing price of US$2.80 on Monday (Jun 9). The bank analysts…
Read MoreWho Is Cuong Chanh Phan? Mass Shooter Who Killed Two at Graduation Party Among Illegal Immigrants Busted by ICE During LA Raids
Several illegal immigrants arrested during the ICE raids that triggered the Los Angeles riots have serious criminal records, including charges of sexual assault, gang involvement, and even homicide. Among them is a Vietnamese national, Cuong Chanh Phan, 49, who was convicted for a mass shooting at a high school graduation party that shocked Southern California.…
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