Initial public offers (IPOs) in Asia-Pacific markets remained stronger in 2020, with industrials leading the sectors followed by technology and materials, according to EY. ( read original story ...)
HSBC sets up private banking business in Thailand, second in Southeast Asia
HSBC Holdings PLC said on Monday it had set up a new private banking business in Thailand, the Asia-focused lender's second onshore expansion in Southeast Asia, as it seeks to grab a bigger share of ... ( read original story ...)
Singapore police and central bank launch probe into companies under CoAssets Group
The development comes after the authorities received complaints and feedback regarding suspected misconduct by the group. ( read original story ...)
Singapore property rise despite COVID-19, lowest foreign buyers since 2003
Singapore property prices rose last year defying the economy-wrecking COVID-19 pandemic. Prices of private residences went up 2.2 per cent for the year despite the pandemic which also resulted in the ... ( read original story ...)
OCBC shares to see support from wealth arm, new CEO
OCBC’s share price may be on an uptrend, said analysts who are positive on the bank’s wealth management business, incoming CEO and active provisioning. OCBC Bank’s stock rose 0.5% to trade at S$10.37 ... ( read original story ...)
DBS to double its hiring of financial planning advisers in 2021
Over 650 wealth planning managers and insurance consultants are expected to be hired by end-2021.. Read more at straitstimes.com. ( read original story ...)
Gender identity issues ‘bitterly contested sources of division’; Singapore ‘should not import these culture wars’: Lawrence Wong
SINGAPORE: Gender identity issues have become bitterly contested sources of division in some Western societies, and Singapore should not import ... ( read original story ...)
Singapore to grow manufacturing by attracting top firms, says Chan Chun Sing
SINGAPORE: Singapore wants to attract more market-leading manufacturing firms to anchor their operations in the country, as it works towards its ... ( read original story ...)
SPH, GfK to debut new way of measuring Singapore media consumption
Singapore Press Holdings (SPH) has partnered market research company GfK to conduct a new biennial study on media consumption, using a novel single-source approach that combines survey data with ... ( read original story ...)
Singapore Proposes Law to Allow Tracing Data for Serious Crimes
Singapore tabled a bill on Monday in parliament to formalize the use of contact tracing data in criminal investigations for serious offenses, after it was revealed that such information was used for ... ( read original story ...)
Looking into the growth of Singapore esports industry
The industry is catching up with the rest of the world. Even before the COVID-19 pandemic, the esports industry has slowly been rising amidst technology shifts. ( read original story ...)
Gambling scams soar in Singapore, caused US$12mln losses
Singapore has seen the number of scams involving “fake” gambling platforms rise by more than 18 times, to 299 cases, between 2019 and 2020, with victims losing in aggregate SGD15.4 million (US$11.6 ... ( read original story ...)
How we can be a less taxing choice for Asia’s finance brains
Australia’s tech and finance sectors are sophisticated but they are very domestic. Insurance and financial services make up only 1 per cent of our exports. Less than 6 per cent of managed funds are ... ( read original story ...)
Singapore property investor to raise $600m for EU office fund
Singapore-based real estate asset manager Mapletree Investments is looking to raise 500 million euros ($606 million) for its first European office fund, Mapletree Europe Income Trust, a spokesperson ... ( read original story ...)
Economic rebound to lift most property sectors
Residential, office and industrial sectors are expected to see the biggest economic rebound by end 2021. An economic rebound in 2021 is expected to lift most of Singapore’s property sectors to some ... ( read original story ...)
Grab Upsizes Debut Term Loan to $2 Billion on Strong Investor Demand
The five-year senior secured loan was upsized from the initial $750 million after the company secured commitments from international institutional investors, Singapore-based Grab said in a statement ... ( read original story ...)