Singapore

Wealth transfers to spur family offices’ growth in SG, HK

The two markets each manage $1.3t in offshore assets.

Towngas backs energy sector with global internship programme

Currently, Towngas has provided internship opportunities to 60 students.

CUHK study reveals effective prevention for preterm preeclampsia

Early screening has been shown to reduce risks of preterm preeclampsia by 41%.

Seviora Holdings to acquire minority stake in ADM Capital

The two firms will leverage ADM Capital’s established sustainability-focused investment strategy.

Four offices in Clarke Quay Central for sale at $3,500 psf

The units can be sold individually or as a set.

Hong Kong IPO market plummets to lowest in two decades

IPOs in Hong Kong only raised $1.5b to date, 35.2% lower than in H1 2023.

SIA and Cathay partner to advance sustainability in the airline industry

The airlines will promote sustainable aviation fuel in APAC.

Mirxes reports $95.4m net loss ahead of IPO

Costs of R&D and administrative activities widened last year’s losses.

HKMA warns of prolonged high interbank rates

The central bank issued the warning post unchanged US fed funds rate at 5.25-5.5%.

HK-based fintech KPay expands operations to Singapore

The firm plans to triple its merchant base in Singapore to over 10,000.

HSBC unveils $1b ASEAN Growth Fund for digital platform players

The amount will be used to lend to digital companies to boost their operations.

Singapore Airlines and The Club partner for points and miles conversion programme

This will also provide members access to exclusive packages and benefits.