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Category: FINANCE

Posted on 30/08/2020

Digital Banking: Standard Chartered Reportedly Plans to Launch its Second Virtual Bank in Singapore

Standard Chartered will be partnering up with a division of Singapore’s largest labor union, according to BNN Bloomberg which cited sources familiar with the matter. The London-headquartered banking ... ( read original story ...)

Posted on 29/08/2020

Malayan Banking Berhad, Singapore Branch — Moody’s announces completion of a periodic review of ratings of Malayan Banking Berhad

Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Malayan Banking Berhad (Maybank) and other ratings that are associated with the same analytical unit. The review ... ( read original story ...)

Posted on 29/08/2020

This collab between UnionPay & NETS gives you more options for mobile payment in S’pore and overseas

All thanks to UnionPay, one of the world’s largest card payment companies. The international payment brand collaborated with NETS to launch the new and improved NETSPay app which will help NETS to tap ... ( read original story ...)

Posted on 29/08/2020

This collab between UnionPay and NETS finally allows you to use NETS while overseas

You hear that? That’s the sigh of relief of all bulging wallets in Singapore. Simply link your bank cards issued by DBS/POSB, OCBC and UOB complete with the NETS logo with the virtual UnionPay ... ( read original story ...)

Posted on 29/08/2020

Singapore Will Seek to Boost Revenue After Drawing Down Reserves

Singapore will take steps to strengthen its revenue position to face a challenging fiscal environment caused by the Covid-19 pandemic, which has already led the country to draw deep from its past ... ( read original story ...)

Posted on 29/08/2020

Mid sized corporates prioritise providing value-added solutions – Survey

Singapore mid sized corporates prioritise value-added solutions and operational agility in post COVID-19 world Survey of more than 200 corporate leaders in Asia reveal impact of global pandemic Standa ... ( read original story ...)

Posted on 28/08/2020

Shell to Adopt Digital Twin Technology at Singapore Refinery

Shell (RDS.A) is committed to convert Singapore's Bukom and Jurong Island into a globally competitive spot by coalescing human capabilities with advanced digitalization technologies. ( read original story ...)

Posted on 28/08/2020

Is India getting bullied by Singapore in accepting Gift City truce?

Singapore has over the years emerged as a top International Finance Centre (IFC) and the Singapore Exchange (SGX) has found a successful niche in licensing of indices from other jurisdictions such as ... ( read original story ...)

Posted on 28/08/2020

Asian Insider Podcast: Are there silver linings for Singapore’s economy?

Every Friday, together with our stable of 30 correspondents based around the world, The Straits Times gives an Asian perspective on the global talking points of the week.. Read more at ... ( read original story ...)

Posted on 28/08/2020

OCBC seeks to put KS Energy under judicial management as former CEO Kris Wiluan faces court charges

OCBC has filed applications with the High Court of Singapore to place KS Energy and its principal subsidiary KS Drilling under judicial management (JM), although the troubled offshore and marine group ... ( read original story ...)

Posted on 27/08/2020

Singapore: Poor prospects for the industrial sector – UOB

Barnabas Gan, Economist at UOB Group, reviewed the recent results from the industrial sector in Singapore. Key Quotes “Singapore’s industrial production disappointed market ex ... ( read original story ...)

Posted on 27/08/2020

Singapore: Inflation predicted to remain subdued in 2020 – UOB

Economist at UOB Group Barnabas Gan assessed the inflation outlook for Singapore for the current year. Key Quotes “Singapore’s consumer prices fell 0.4% y/y (-0.3% m/m nsa) in ... ( read original story ...)

Posted on 27/08/2020

AIP, Tokyu Land Plan REIT IPO for Australian Properties

Any deal would add to the $4.1 billion of property trust IPOs in Singapore over the last three years, data compiled by Bloomberg show. So far this year, the city-state has hosted two REIT listings ... ( read original story ...)

Posted on 27/08/2020

Singapore factory output shrinks 8.4% on further biomed declines

Factory output has racked up its third straight month of contraction on the back of further declines in the volatile biomedical sector.. Read more at straitstimes.com. ( read original story ...)

Posted on 26/08/2020

Ant Group’s mega IPO will reward staff and early investors, including the businesses of two of Hong Kong’s wealthiest families

The Lis and Tungs invested in Ant Group in the fintech company’s US$14 billion private-equity funding round in 2018 before it filed its dual-listing application on Shanghai’s Star Market and in Hong ... ( read original story ...)

Posted on 26/08/2020

Brazil’s Rede D’Or hires banks for IPO, seeks to raise up to $2.72 bln -newspaper

Brazilian hospital group Rede D’Or São Luiz has hired banks for a proposed initial public offering (IPO), the Valor Econômico newspaper reported on Wednesday citing two unnamed sources. SAO PAULO, Aug ... ( read original story ...)

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