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Category: FINANCE

Posted on 23/04/2019

UOB and KrisFlyer launch industry-first credit card and savings account solution for travellers to earn miles for every dollar they spend and save

... per dollar spent on the KrisFlyer UOB Credit Card or saved in the KrisFlyer UOB Savings Account SINGAPORE, April 23, 2019 /PRNewswire/ -- United Overseas Bank Limited (UOB) and KrisFlyer [1 ... ( read original story ...)

Posted on 23/04/2019

Singapore’s Pre-Election Cabinet Change Sets Heng Up for Top Job

(Bloomberg) -- Singapore’s Finance Minister Heng Swee Keat was promoted to deputy prime minister on Tuesday, a move that further positions him to succeed Prime Minister Lee Hsien Loong. Heng will ... ( read original story ...)

Posted on 23/04/2019

Singapore’s finance minister Heng named deputy PM

SINGAPORE (Reuters) - Singapore finance minister Heng Swee Keat is set to become deputy prime minister, the prime minister's office said in a statement on Tuesday, strengthening expectations he will ... ( read original story ...)

Posted on 23/04/2019

Singapore looks to prep financial workforce for data analytics, automation era

Conducted by Ernst & Young, the report was commissioned by the Institute of Banking and Finance Singapore (IBF) and Monetary Authority of Singapore (MAS) to assess how data analytics and automation ... ( read original story ...)

Posted on 23/04/2019

DBS signs cooperation agreement with Sinosure on Belt and Road

Singapore-based DBS Group has signed a cooperation agreement with China Export & Credit Insurance Corporation (Sinosure) to support infrastructure development in Asia. Under the cooperation agreement, ... ( read original story ...)

Posted on 23/04/2019

Starbucks’ China challenger Luckin to raise up to $800 million in U.S. IPO: sources

An amount raised in that range would make Luckin the biggest U.S. IPO by a Chinese firm so far in 2019 ... and two other senior executives, and it is backed by Singapore’s sovereign wealth fund GIC ... ( read original story ...)

Posted on 23/04/2019

FX Volumes for Singapore Banks Surge, Driven by Asia Growth

MAS Developing Singapore into FX Hub As Finance Magnates reported, the Monetary Authority of Singapore (MAS) has been working towards developing the country into a global FX price discovery and ... ( read original story ...)

Posted on 22/04/2019

Singapore-listed palm oil planters kept at ‘market weight’ by UOB on valuation catch-up

SINGAPORE (Apr 22): UOB KayHian expects interest in palm oil planters such as Golden Agri-Resources, First Resources and Bumitama Agri to rebound, driven largely by a more positive view on CPO prices. ... ( read original story ...)

Posted on 22/04/2019

Standard Chartered opens Africa eXellerator innovation hub in Kenya

Standard Chartered Bank today announced the official opening of its Africa ... This furthers adds to the Bank’s other eXellerator labs located in Singapore, Hong Kong, London and San Francisco. ... ( read original story ...)

Posted on 22/04/2019

Heckler Expands Singapore Studio & Hires Richard Mayo-Smith

He has held senior producer roles at two of the most awarded agencies in New Zealand, Saatchi & Saatchi and Colenso BBDO and worked with clients including Singapore Airlines, Standard Chartered Bank, ... ( read original story ...)

Posted on 22/04/2019

7 Big Ticket Purchases Singaporeans Make In Their Lifetime And Their Best Loan Rates

But which bank has the lowest interest rates, you ask? Well, currently Standard Chartered CashOne Personal Loan is looking to be an attractive option with the lowest interest rate of 3.88% p.a. (EIR 7 ... ( read original story ...)

Posted on 22/04/2019

UOB brings Singapore’s first T2 under new bail-in rules

setting a new benchmark following the strengthening late last year of the bank resolution regime in its home jurisdiction of Singapore. Bookrunners and lead managers Citi, Credit Suisse, HSBC, ... ( read original story ...)

Posted on 22/04/2019

$41 Billion Flash Crash Leaves Singapore’s Stock Market Stunned: What Happened?

The Jardine Matheson Group is a conglomerate with interests spread across Asia. Founded in China in 1832, the group is owned by the Keswick family, and it holds extensive positions in the ... ( read original story ...)

Posted on 20/04/2019

Nanshan-backed W Capital has more than 10 IPO pipeline deals

He says W Capital already has more than 10 IPOs in the pipeline from countries such as Singapore, Australia, Indonesia, South Korea, and even Sri Lanka. They span sectors such as education, consumer, ... ( read original story ...)

Posted on 18/04/2019

Citibank Singapore giving instant in-principle nod for debt consolidation plan

Customers applying online for Citibank Singapore's debt consolidation plan can now get instant in-principle approval if they are eligible, instead of waiting up to three days for a decision after ... ( read original story ...)

Posted on 18/04/2019

Singapore’s DBS Plans to Stop Financing Coal Power After 2021

Singapore’s largest bank plans to stop financing coal-fired power plants once its existing commitments are complete in 2021. DBS Group Holdings Ltd. will stop financing new projects in any market ... ( read original story ...)

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