The offering, consisting of a fresh equity issuance of Rs 800 crore and an offer for sale (OFS) of 1.89 crore shares, will be open for bidding until November 11. Through the OFS, Bupa Singapore ...
Niva Bupa IPO subscribed 65 pc on day 1 of share sale
The initial public offer of Niva Bupa Health Insurance Company Ltd, formerly Max Bupa Health Insurance Company, received a 65 per cent subscription on the first day of share sale on Thursday ...
Singapore bank DBS Q3 profit jumps to SG$3.03B
Singapore's biggest bank DBS Group posted on Thursday a record net profit in the third quarter (Q3) but forecast 2025 net profit to be below 2024 levels because the city-state is introducing a global ...
Crypto for Advisors: Post Election Edition
The 47th president of the U.S. will be Donald Trump, and bitcoin reached a new all -time high during the vote count.In today’s issue, Jason ...
Singaporean firms seize opportunities in China, sign over $45m in MoUs
A booth showcases Singaporean cuisine at the 7th CIIE in Shanghai on November 7, 2024. Photo: Li Hao/GT . The Singapore Business Federation (SBF) organized the 7th Singapore-China ...
Singapore fintech – growth down, maturation up
After years-long effort at bolstering Singapore’s fintech prowess, its fintech industry has advanced to a new phase of growth that tilts towards consolidation and profitability, according to a recent ...
Social platforms, crypto exchanges can help fight money laundering and fraud, say Fintech Festival panellists
A CALL went out on Thursday (Nov 7) for more industry sectors – specifically those which could be used by criminals to enable fraud and money laundering – to be roped into stopping fraud and tracking ...
Several Major Crypto Firms Launch a New Dollar-Pegged Stablecoin Project ($USDG)
Seven leading crypto companies introduce USDG, a new Singapore-based regulated stablecoin. Trading begins on major platforms with DBS Bank managing reserves.
Singapore’s Changi Airport to invest $2.3 bn to improve services
Changi Airport in Singapore has announced a S$3 billion investment plan to enhance its services over the next six years. The upgrades will focus on areas like baggage handling and check-in procedures ...
OCBC to make cross-border payments available to over 50 digital wallets by 2026
OCBC is collaborating with Visa to make cross-border fund transfers accessible to more than 50 digital wallets by 2026, starting with Chinese digital wallets Weixin Pay (WeChat Pay) and Alipay. Read ...
OCBC service allows fund transfers to e-wallets in China
Singapore-based lender OCBC has launched a pay-to-wallet service via its mobile banking app that enables customers to transfer funds to digital wallets in China without incurring transfer fees.
Crypto exchange Coinbase launches Singapore engineering hub in partnership with EDB
Coinbase announced on Nov 6 that it has joined forces with the Economic Development Board to offer Singapore-based engineers the resources and training to advance the local blockchain ecosystem. It ...
Genting Singapore reports 3QFY2024 NPAT of $79.4 mil, 63% lower y-o-y
Genting Singapore has reported net profit after taxation (NPAT) of $79.4 million for the 3QFY2024 ended Sept 30, 63% lower y-o-y and 27% lower q-o-q, amid the slower recovery of international visitor ...
Niva Bupa Health Insurance IPO Subscribed 14% So Far On Day 1—Check GMP
The IPO consists of a fresh issue of shares worth Rs 800 crore, and an offer for sale of up to Rs 1,400 crore.
DBS shares jump on $3b share buyback, record $3.03b quarterly profit
Bank sees upside to its 2025 profit with Donald Trump takes office as US president next year. Read more at straitstimes.com.
Singapore bank DBS sees upside to 2025 profit with Trump return
Singapore's top bank DBS sees an upside to its 2025 profit when Donald Trump takes office as U.S. president next year, as his policies could spell fewer interest rate cuts by the Federal Reserve that ...