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Category: FINANCE

Posted on 19/01/2026

Salesforce to Invest USD $1B in Singapore over 5 Years

SINGAPORE--(BUSINESS WIRE)--Salesforce, the world’s #1 AI CRM*, today announced plans to invest USD $1 billion in Singapore over the next five years, affirming a strong commitment to accelerate the ...

Posted on 19/01/2026

Singapore’s UOB sees strong demand for S$850m AT1 bond

Final orders were over S$2bn allowing UOB to upsize from its original S$500m benchmark; there was participation from 96 investors with 26% outside of Singapore.

Posted on 19/01/2026

Standard Chartered Tests Ground For Stablecoin Integration In Singapore: Backs DeCard

Another crypto related announcement from Standard Chartered- this time its about stablecoins! The world’s most established bank has partnered with DCS Card Centre to launch DeCard. And what is a ...

Posted on 18/01/2026

HK and Singapore vie for green-financing, carbon-reduction lead

This analysis is by Bloomberg Intelligence ESG Analyst Michelle Leung and Bloomberg Intelligence Credit Analyst Rena Kwok. It appeared first on the Bloomberg Terminal. The Hong Kong and Singapore ...

Posted on 18/01/2026

IBM and Citibank Join Singapore Late-Stage Blockchain Accelerator

IBM, Citibank and video game giant Ubisoft have joined Singapore-based blockchain accelerator Tribe Accelerator. Local news outlet The Straits Times reported on Sept. 18 that the companies have joined ...

Posted on 18/01/2026

Ryde Announces Strategic Investment in Singapore Electric Vehicles Pte Ltd to Accelerate Sustainable Mobility Growth

SINGAPORE, SG / ACCESS Newswire / October 30, 2025 / Ryde Group Ltd (RYDE) ("Ryde" or the "Company"), a leading technology platform for mobility and quick commerce in Singapore, today announced that ...

Posted on 17/01/2026

Citibank launches contactless payment sticker in Singapore

Citibank, the consumer banking arm of financial services giant Citigroup, has launched Singapore’s first contactless payment tag used for credit card payments, according to the Business Times. The ...

Posted on 17/01/2026

Singapore bank DBS’s services back to normal after over an hour of disruption

SINGAPORE, May 2 (Reuters) - Singapore's DBS Group (DBSM.SI), opens new tab said its online and mobile banking services had returned to normal after suffering issues for more than an hour on Thursday ...

Posted on 17/01/2026

HSBC launches review of insurance arm in Singapore

HSBC launches review of insurance arm in Singapore - It marks the latest step in a plan being led by boss Georges Elhedery to streamline the banking giant and cut costs.

Posted on 17/01/2026

HSBC confirms review of Singapore insurance business as part of global ‘ongoing simplification’

On Friday (Jan 16), HSBC Holdings said it opened a strategic review of its Singapore insurance business as part of its global “ongoing simplification”, confirming a Bloomberg report saying the bank is ...

Posted on 17/01/2026

The Assembly Place to raise $18.5 mil via IPO placement of 50.3 mil shares at 23 cents each

TAP is expecting to raise about $18.3 million in gross proceeds from its invitation and cornerstone tranche. The invitation will offer a total of 50.3 million ordinary shares priced at 23 cents each.

Posted on 17/01/2026

DBS lifts target price of ST Engineering, Sats; cuts SIAEC to ‘hold’

The target price for ST Engineering was upgraded to S$10.20, up from S$9.40 previously, while the target price for Sats was lifted to S$4.40, up from S$4 previously. The analysts maintained a “buy” ...

Posted on 17/01/2026

HSBC reviews Singapore insurance unit amid focus on high growth in Hong Kong, China

It ‘makes sense’ for HSBC to focus on ‘core high-growth markets’ that have ‘underpenetrated’ insurance needs, analyst says.

Posted on 17/01/2026

JP Morgan Asset Management targets Singapore and Asia stocks with new fund under MAS initiative

It will allocate 15 per cent to 25 per cent of the new fund to local small- and mid-cap stocks. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/01/2026

HSBC starts review of insurance business in Singapore

The review will cover HSBC Life Singapore and “consider all options” for the insurance manufacturing business, with no decision made.

Posted on 17/01/2026

HSBC to review Singapore insurance business as it slims down globally

HSBC said on Friday (Jan 16) it was undertaking a strategic ⁠review of its insurance business in Singapore, as it moves to simplify its operations globally.The review of HSBC Life (Singapore), which ...

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