Singapore-based iLex, which aims to transform the corporate lending market, announced that it has raised an undisclosed amount of seed funding from strategic investors in France, Hong Kong, Singapore, ... ( read original story ...)
Singapore: Coronavirus, US-China weighs on trade prospects – UOB
UOB Group’s Economist Barnabas Gan assessed the latest trade data in Singapore. Key Quotes “Singapore’s non-oil domestic exports (NODX) fell 4.5% y/y in May 2020, as the dec ... ( read original story ...)
China’s JD.com raises almost $4bn in Hong Kong share sale
Shares in China's second largest online retailer jumped by more than 5% on their Hong Kong Stock Exchange debut. ( read original story ...)
Singapore shortlists 14 applicants for digital bank licences
Singapore's central bank has shortlisted 14 applicants for up to five digital bank licences on offer in the city-state's biggest banking liberalisation in two decades. The shortlist, out of the 21 ... ( read original story ...)
Kopitiam at Our Tampines Hub and 2 supermarkets in Siglap visited by COVID-19 cases
Three more public places visited by confirmed COVID-19 cases were listed by the Ministry of Health on 17 June including two in Siglap and one in Tampines. ( read original story ...)
iBASIS Selected by TPG, Mobile Operator in Singapore, to Deliver Seamless A2P and P2P Mobile Offering
Lexington, Massachusetts--(Newsfile Corp. - June 17, 2020) - iBASIS, the leading provider of communications solutions for operators and digital players worldwide, announced that TPG Singapore has ... ( read original story ...)
DBS Holdings: An Asian Bank Riding The Digital Shift
The company had already been doing well amid 2019's trade uncertainty and continues to do so through the Covid recession. It is a leader among global banks in d ... ( read original story ...)
DBS banks on urban farming and launches own community farm
DBS plans to transform one of its buildings into a community farm, and give its employees a chance to try urban farming, it said on Wednesday (June 17).. Read more at straitstimes.com. ( read original story ...)
Moneymax Reviews: How Rewarding is a Citi Rewards Card?
What’s the one thing first-time and veteran cardholders have in common? Their affinity for credit card rewards. One of the most popular rewards credit cards out there is the Citi Rewards Card. You ... ( read original story ...)
OCBC makes first loan using Singapore’s new SORA benchmark | Video
OCBC has made a S$150 million loan referencing SORA - the Singapore Overnight Average Rate - the first loan to use the new rate, the bank said on Tuesday (Jun 16), part of a major global effort to ... ( read original story ...)
OCBC to hire 3,000 this year in full-time, traineeship positions
OCBC Group plans to hire around 3,000 people here this year, it said yesterday.. Read more at straitstimes.com. ( read original story ...)
Covid-19 Nearly Killed $4 Billion Corporate Travel Startup TripActions. Now It Has A $125 Million Lifeline.
As Covid-19 pummelled travel startups, TripActions secured $125 million to keep the company afloat, even after taking a 95% revenue hit. ( read original story ...)
Thai Beverage: No Intention To Sell Vietnam Business
For those shares listed in Singapore, there are limited risks associated ... Previously, Thai Beverage's potential beer business IPO was seen as a means of facilitating an eventual divestment ... ( read original story ...)
Singapore: Labour market expected to deteriorate further – UOB
Economist at UOB Group Barnabas Gan reviewed the latest labour market report in Singapore. Key Quotes “Singapore’s overall unemployment rate rose to 2.4% in the first quarter ... ( read original story ...)
OCBC makes first loan using Singapore’s new SORA benchmark
OCBC OCBC.SI has made a S$150 million ($108 million) loan referencing SORA - the Singapore Overnight Average Rate - the first loan to use the new rate, the bank said on Tuesday, part of a major global ... ( read original story ...)
OCBC to hire more than 3,000 new employees, including 2,100 full-time staff members
SINGAPORE: OCBC Group on Monday (Jun 15) announced that it would hire more than 3,000 people in Singapore this year across various entities, ... ( read original story ...)