Singapore-headquartered DBS Group Holdings Ltd (DBS Group) announced on Tuesday that its wholly-owned subsidiary, DBS Bank Ltd (DBS Bank), has entered into an agreement to subscribe for a 13 percent ... ( read original story ...)
Singapore’s DBS Bank buys 13% in Shenzhen Rural Commercial Bank for $814m
DBS, which will become the bank's largest shareholder, claims the investment will accelerate its expansion in the Greater Bay Area. ( read original story ...)
DBS buys 13 per cent stake in Shenzhen Rural Commercial Bank for US$814 million as it ‘doubles down’ on bay area
Investment in Shenzhen Rural Commercial Bank positions Singapore’s biggest bank to increase its presence in the Greater Bay Area. ( read original story ...)
Exclusive-DBS, StanChart weigh bids as Citi retreats From Asia Consumer Business
Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to bid for parts of Citigroup's consumer business in Asia, people with direct knowledge of the ... ( read original story ...)
UPDATE 1-Singapore’s DBS to buy 13% stake in Chinese bank SZRCB for $814 mln
DBS Group has agreed to buy a 13% stake in privately-owned Shenzhen Rural Commercial Bank Corp (SZRCB) for 5.29 billion yuan ($814.3 million), marking the Southeast Asian lender's biggest acquisition ... ( read original story ...)
Singapore’s DBS to buy 13% stake in privately-held Chinese lender for $814 million
Southeast Asia's largest bank DBS Group said on Tuesday it plans to buy a 13% stake in privately-held commercial lender Shenzhen Rural Commercial Bank Corp (SZRCB) for 5.29 billion yuan ($814.26 ... ( read original story ...)
MPA earmarks $10 million to make Singapore Silicon Valley of maritime world
Aim is to grow the number of maritime start-ups and attracting more technology firms to Singapore's shores. Read more at straitstimes.com. ( read original story ...)
Lucky Me! maker Monde Nissin’s IPO gets SEC clearance
Food maker Monde Nissin Corporation, the owner of Lucky Me! brands, has secured the thumbs-up of the Securities and Exchange Commission (SEC) to proceed with its plan to raise more than P60 billion in ... ( read original story ...)
SEC clears Monde Nissin’s P72.45-billion IPO
Monde Nissin aims to run the public offering from May 17 to 21 and list on the Philippine Stock Exchange on May 31 ... ( read original story ...)
Singapore Tightens Border Measures for Travelers From India
Singapore is reducing entry approvals and extending isolation measures for travelers from India amid an escalation of Covid-19 cases in that country. ( read original story ...)
DBS, OCBC among potential bidders for Citi’s Asia consumer business: Sources
Citigroup is exiting from its consumer franchises in 13 markets, 10 of which are in Asia.. Read more at straitstimes.com. ( read original story ...)
Singapore stocks reverse gains; STI down 0.6%
Singapore stocks reversed their gains on Tuesday as the benchmark Straits Times Index (STI) dipped 0.55 per cent to close at 3,192.17.. Read more at straitstimes.com. ( read original story ...)
Many opportunities for Singapore-based logistics firms in Cambodia: Roundtable
SINGAPORE - Given Cambodia's vibrant trade environment and consistent growth over the last decade, there are many opportunities there for Singapore-based firms and international partners to explore ... ( read original story ...)
Exclusive-DBS, StanChart weigh bids as Citi retreats from Asia consumer business – sources
By Anshuman Daga, Sumeet Chatterjee and Nupur Anand SINGAPORE (Reuters) -Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to bid for parts of ... ( read original story ...)
Singapore Creator Awards calls for designs that improve dining experience for people with disabilities
With plenty of dining options in Singapore, most people here enjoy the convenience of eating out. But this is not the case for people with disabilities, who find it hard to navigate restaurants and ... ( read original story ...)
Singapore to take new moves in boosting maritime innovation
The Singaporean government will take new moves to boost the city-state's maritime innovation, Senior Minister of State for Foreign Affairs and Transport Chee Hong Tat announced Tuesday at the opening ... ( read original story ...)