A day ahead of its merger with the Indian arm of Singapore-based DBS Bank, the debt-ridden Lakshmi Vilas Bank (LVB) on November 26 has written off bonds worth ₹318.20 crore as per the existing ... ( read original story ...)
Singapore factory output falls 0.9% in October, after surging for two months
Singapore's manufacturing output dropped for the first time in three months in October, with only the biomedical and precision engineering clusters seeing growth. ( read original story ...)
Singapore IPO activity ‘bright’ amidst market risks
Singapore raised US$852m in proceeds from eight IPO deals so far this year. Total initial public offering (IPO) activities in Southeast Asia for almost 11 months this year raised US$6.44b from 100 ... ( read original story ...)
Hong Kong, Singapore Office REITs Live On in Post-Virus World
The office may never reach its past heights in the post-pandemic world but the outlook for Singapore and Hong Kong offices is promising. ( read original story ...)
Lakshmi Vilas Bank branches to operate as DBS Bank from today
DBS Bank is making necessary arrangements to ensure that service, as usual, is provided to customers of LVB, the central bank added. ( read original story ...)
Singapore Pushes Digibanks in Face of China, U.S. Crackdown
Singapore’s financial regulator will stick with its plans to award digital banking licenses by the end of the year, undeterred by tightening scrutiny in China and the U.S. that’s hitting major Chinese ... ( read original story ...)
UOB allows staff to work remotely two days a week once COVID restrictions are lifted
Further, in Malaysia and Thailand, head office transformation and relocation projects are underway and expected to be completed in 2022. In Singapore, the Bank will set up new social spaces in prime ... ( read original story ...)
Emily Hoe on How the Singapore Film Festival Planned its Way Through a Virus Hit Year
Emily J. Hoe took over as executive director of the Singapore International Film Festival just as the world was waking up to the coronavirus as a full-on pandemic. A calm head helped prevail and ... ( read original story ...)
DTI developing mobile app for halal products
Department of Trade and Industry is developing a mobile app intended to raise awareness and provide easy access to halal products and services. ( read original story ...)
Singapore-Bound Billionaire James Dyson Plans $3.6 Billion Move Into Batteries And Robotics After Electric Car Failure
Sir James Dyson is moving his HQ to Singapore after a year to forget for one of Britain’s best-known billionaires. ( read original story ...)
SGIFF: After Winning Hong Kong and Jeonju, Feminist Fable ‘Shepherdess’ Is Set to Conquer Singapore
Indian arthouse filmmaker Pushpendra Singh’s latest effort, feminist fable “The Shepherdess and the Seven Songs” (Laila Aur Satt Geet) is bowing at the Singapore International ... ( read original story ...)
Singapore sees rising incomes, falling inequality
Incomes in Singapore have continued to rise in the past five years, while necessities such as education remain affordable.. Read more at straitstimes.com. ( read original story ...)
Allianz Fund in Talks to Buy Half-Stake in Singapore’s OUE Bayfront
An Allianz Real Estate fund backed by Korea's NPS is in talks to buy a stake in Singapore's OUE Bayfront from OUE Commercial REIT. ( read original story ...)
Singapore Trounces Hong Kong in ULI APAC Real Estate Investment Poll
Singapore topped the list of Asia Pacific cities ranked by their property investment prospects by in a survey the Urban Land Institute (ULI). ( read original story ...)
Philippine property startup Aqwire nets $2.1m in series A round led by Spiral Ventures
Aqwire, a property and fintech platform based in the Philippines, announced that it has raised US$2.1 million in a series A equity financing round led by Singapore-based VC firm Spiral Ventures. ( read original story ...)
Billionaire Ray Dalio Set to Open Family Office in Singapore
Ray Dalio, the billionaire founder of Bridgewater Associates, is opening a family office in Singapore to run his investments and philanthropy throughout the region. ( read original story ...)