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Category: FINANCE

Posted on 10/12/2020

Solidarity through Solitude secures the 2020 UOB Southeast Asian Painting of the Year title for Indonesia

UOB has conferred the 2020 UOB Southeast Asian Painting of the Year (POY) award to Mr Prabu Perdana, a 36-year-old artist from Bandung, West Java, for his painting titled Isolated Garden. Mr Perdana's ... ( read original story ...)

Posted on 10/12/2020

Singapore bank DBS to launch digital exchange for institutional investors

DBS Group Holdings DBSM.SI, Southeast Asia's biggest bank, is to set up an exchange for digital assets, including cryptocurrencies, that will provide tokenisation, trading and custody services to ... ( read original story ...)

Posted on 10/12/2020

Singapore’s DBS bank to launch digital currency exchange featuring Bitcoin, Ether, XRP and Bitcoin cash

DBS Digital Exchange will be the world’s first cryptocurrency exchange backed by a traditional bank, says DBS chief Piyush Gupta ... ( read original story ...)

Posted on 10/12/2020

DBS Bank’s Digital Exchange to Begin Trading Crypto ‘Next Week’

DBS Bank of Singapore has officially announced the arrival of its digital assets exchange, with trading to start next week. ( read original story ...)

Posted on 10/12/2020

Office S-Reits may turn from laggards to leaders, says DBS

It said "stay with your office winners", with vaccines in sight and the Singapore economy on the mend.. Read more at straitstimes.com. ( read original story ...)

Posted on 10/12/2020

Hong Kong IPO Makes This 33-Year-Old Chinese Toy Tycoon A Billionaire Several Times Over

Wang Ning saw his wealth surge almost three fold this year, thanks to strong investor demand for the initial public offering of his Pop Mart International Group. ( read original story ...)

Posted on 10/12/2020

OCBC: Now is the right time to launch Hang Seng Tech ETF in Singapore

OCBC Securities saw exchange-traded fund (ETF) trading volumes triple in 2020, and the Hang Seng Tech index is likely to become a unicorn index in the future, says Wilson He on its partnership with ... ( read original story ...)

Posted on 10/12/2020

DoorDash Stock Opens 80% Higher Than IPO Price

The opening price gives the food-delivery company a market value of $69 billion. The stock began trading Wednesday on the NYSE . ( read original story ...)

Posted on 09/12/2020

Four in five FinTech firms in ASEAN set on expanding despite the COVID-19 pandemic: UOB, PwC and SFA report

Despite disruptions brought about by the COVID-19 pandemic, four in five financial technology (FinTech) firms in ASEAN will push ahead with their expansion plans in the next two years. According to ... ( read original story ...)

Posted on 09/12/2020

Singapore’s Fintech Investments Jumped 300% in Q2

Singapore fintech association released a report with a management consulting firm Oliver Wayman which shows that fintech investments jumped 300% in Q2. ( read original story ...)

Posted on 09/12/2020

ING Bank Opens Up About Crypto Custody Solution at Singapore Fintech Event

Another big bank edging closer to a crypto custody offering, Netherlands-based ING, spoke publicly for the first time this week about about its preliminary trials with digital assets. Speaking at the ... ( read original story ...)

Posted on 09/12/2020

UOB One Credit Card — ‘Singapore’s Most Generous Rebate Card” Now Updated with up to 10% Rebate on Daily Spend

If you haven’t heard, the UOB One Credit Card is more generous than ever; with up to 10% rebate on Shopee Singapore! It was recently enhanced with rebates on daily essentials purchased at Shopee in ... ( read original story ...)

Posted on 09/12/2020

Singapore fintech startup Rely secures finance facility of up to $75m

The company aims to scale its operations and forge partnerships with major retailers in Singapore, Malaysia, and South Korea. ( read original story ...)

Posted on 09/12/2020

Carlyle-Backed Rede D’Or IPO Raises at Least $1.6 Billion

Rede D’Or Sao Luiz SA’s initial public offering raised at least 8.4 billion reais ($1.6 billion), according to people familiar with the matter, making it one of the biggest in Brazil’s history. ( read original story ...)

Posted on 09/12/2020

Coronavirus: Singapore and China pledge health partnership for future pandemics

Meanwhile, China has seen its economy rebound with what Singapore bank OCBC called a “first in, first out” recovery. China’s economy is expected to grow by two per cent this year. Chong said the test ... ( read original story ...)

Posted on 08/12/2020

Singapore’s Digital Banking Race Enters A New Phase

After a long wait and a bit of uncertainty due to COVID-19, on the eve of the Singapore Fintech Festival, the Monetary of Authority of Singapore (MAS) announced the winners of what was a highly ... ( read original story ...)

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