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Month: September 2020

Posted on 03/09/2020

Investors Pile Into OCBC’s Biggest Dollar Bond in Six Years

Investors piled into the biggest dollar bond offering from Oversea-Chinese Banking Corp. in six years, in a sign of confidence in the lender’s capital strength amid the pandemic. ( read original story ...)

Posted on 03/09/2020

DBS gets nod to set up JV securities company in China

DBS Group has received the green light from the China Securities Regulatory Commission to establish a joint-venture (JV) securities company known as DBS Securities (China), in which DBS will have a ... ( read original story ...)

Posted on 03/09/2020

DBS parties it up in Fortnite in lieu of clubs being open

Singapore-based bank DBS has created a nightclub at the former location of the Zouk club in the esports game Fortnite. ( read original story ...)

Posted on 03/09/2020

Singapore detects new COVID-19 clusters at migrant worker dormitories

Singapore health authorities have detected new COVID-19 clusters at foreign worker dormitories previously found to be clear of the infection, highlighting the challenge in containing the spread of the ... ( read original story ...)

Posted on 03/09/2020

Singapore central bank enhancing banking system’s liquidity during pandemic

These include the establishment of a new term facility to provide banks and finance companies an additional channel to borrow SGD funds at longer tenors and with more forms of collateral, the Monetary ... ( read original story ...)

Posted on 03/09/2020

U.K. Outbreak Concerns; Singapore’s New Clusters: Virus Update

India’s daily new coronavirus cases topped 80,000 for the second time, evidence the outbreak in the nation of 1.3 billion people is nowhere near abating. Sanofi administered the first patients with ... ( read original story ...)

Posted on 03/09/2020

Singapore retains top spot as Asia-Pacific’s most innovative nation

SINGAPORE - For the seventh consecutive year, Singapore has retained the top spot as Asia-Pacific's most innovative nation in the latest Global Innovation Index. The annual index - released by the ... ( read original story ...)

Posted on 03/09/2020

Mooncake Festival 2020 – Best credit card promotions for mooncake discounts in Singapore

Here are the mooncake discounts for Citibank, UOB, DBS and OCBC. All promotions end on Oct 1, 2020 unless otherwise stated. Paradise Group 15 per cent off (till Sept 30) Peach Garden Restaurant 20 per ... ( read original story ...)

Posted on 03/09/2020

StanChart taps on animation director behind Corpse Bride movie for new global campaign

Standard Chartered Bank has launched a new brand campaign that reinforces the importance of global trade and the bank’s role in driving it. The campaign uses an animated film to illustrate a complex ... ( read original story ...)

Posted on 03/09/2020

TSLA hires Iris’ Sorcha John, names Min Ng GM as Richard Bleasdale exits

It has been a wonderful experience being part of TSLA. I am happy to step back at a point where the agency has such positive momentum." ... ( read original story ...)

Posted on 03/09/2020

UOB extends first dual-tranche, $200 million loan to CapitaLand; pegged to Sora, SOFR

United Overseas Bank and CapitaLand have entered into an agreement for a two-year $200 million term loan that references both the Singapore Overnight Rate Average (Sora) and the Secured Overnight ... ( read original story ...)

Posted on 03/09/2020

Singapore stock watch: UOB, CapitaLand, OCBC, Alibaba Pictures, SK Jewellery, Oceanus

The following companies saw new developments that may affect trading of their shares on Thursday (Sept 3):. Read more at straitstimes.com. ( read original story ...)

Posted on 03/09/2020

UOB, CapitaLand collaborate for Singapore’s first dual tranche SORA-SOFR loan

The dual-tranche loan references both the Secured Overnight Financing Rate (SOFR) and the Singapore Overnight Rate Average (SORA), making it the first of its kind within Singapore. ( read original story ...)

Posted on 03/09/2020

Coronavirus: Singapore, South Korea to start fast lane for essential business, official travel on Friday

SINGAPORE — Singapore and South Korea have concluded a fast-lane arrangement which will allow for essential business and official travel between the two countries from Friday (Sept 4). The ... ( read original story ...)

Posted on 03/09/2020

Singtel offers 5G speed of more than 1Gbps on 3.5GHz in Singapore first

Singtel is now the first telecommunication company in Singapore to offer 5G speed of more than 1Gbps ... the three-month trial will allow Singtel customers an early taste of the ultra-fast mobile ... ( read original story ...)

Posted on 03/09/2020

Singapore Stock Market Tipped To See Continued Strength

DBS Group, Oversea-Chinese Banking Corporation, SingTel and Singapore Airlines all were unchanged. The lead from Wall Street is solid as stocks moved higher on Wednesday, extending gains from the ... ( read original story ...)

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