This will be the second standalone health insurer looking to float an IPO, after Star Health & Allied Insurance Company.
Grocer Lulu’s US$1.72 billion Abu Dhabi IPO draws Vanguard, GIC
HYPERMARKET chain operator Lulu Retail Holdings’s US$1.72 billion Abu Dhabi initial public offering drew orders worth US$37 billion, including from global investors Vanguard Group and Singapore ...
Singapore dollar weakens against US dollar, with the greenback gaining on most currencies as election wraps up
UOB said in a research note on Tuesday that the Singapore dollar is around 1.3215 against the US dollar, but that could edge lower to 1.312. “While we expect USD/SGD to rise further towards 1.327...
Sebi gives nod to Rubicon Research, Sai Life Sciences, others to float IPOs
The Rs 1,085-crore IPO of Rubicon Research is a combination of a fresh issue of equity shares worth Rs 500 crore and an Offer For Sale (OFS) of shares valued at Rs 585 crore by the promoter, General ...
Upcoming IPO: Sanathan Textiles, Rubicon Research get SEBI nod to launch IPOs
Sanathan Textiles Ltd and Rubicon Research Ltd received final SEBI approval for IPOs. Sanathan focuses on diverse yarn production, while Rubicon specializes in pharmaceutical R&D, with both firms ...
Super-rich Indian families join Ambanis in setting up family offices in Singapore
Singapore is a top choice for rich Indian families establishing family offices outside of India. Read more at straitstimes.com.
Deadlock over climate finance is undermining Paris agreement, Singapore minister says
Efforts by the United States and others to persuade more countries to contribute to a new global climate financing initiative risks undermining the Paris agreement, Singapore's Environment Minister ...
OCBC, LTA pilot next-gen blockchain payments
One of Singapore’s largest lenders, OCBC, has deployed a next-generation blockchain-based conditional payments solution on its business banking platform to digitally transform the Land Transport ...
Singapore stocks rose as trading began on Wednesday—STI increased by 0.5%
SINGAPORE: Singapore stocks rose as trading began on Wednesday, Nov 6, following gains seen in global markets overnight. The Straits Times Index (STI) increased by 0.5%, adding 18.37 points to reach 3 ...
DBS Net Profit Likely Rose in Third Quarter — Earnings Preview
Loan demand is expected to have remained healthy, though overall loan growth was likely affected by continued loan replacements and the Singapore dollar's strength during the period, they said. -- DBS ...
Money Market Funds Vs. Short-Term Bonds: What Are You Really Investing In & What Happens When Interest Rates Decline?
In a falling interest rate environment, the yield for money market funds and short term bonds may not be as attractive.
Singapore, China companies and authorities ink 15 MOUs to further growth, partnership
FIFTEEN memorandums of understanding, valued at over S$60 million, were signed at the 7th Singapore-China Trade and Investment Forum (SCTIF) on Wednesday, “paving the way for new growth opportunities ...
Funding Societies secures third credit facility from HSBC, taps latter’s US$1 billion Asean war chest
Cumulatively, HSBC’s total funding commitment to the digital finance ... Founded in 2015, Funding Societies is active in Singapore, Malaysia, Indonesia, Thailand and Vietnam, having disbursed more ...
Standard Chartered and Ant International have announced intra-group blockchain-based SGD settlement
Singapore – Standard Chartered and Ant International today announced the successful completion of SGD-denominated liquidity transfers between its entities using Ant International’s blockchain-based ...
LTA to pilot blockchain-based conditional payments solution with OCBC
The Land Transport Authority of Singapore (LTA) will be piloting a blockchain-based conditional payments solution from Oversea-Chinese Banking Corporation (OCBC) to disburse mobilisation advance ...
Singapore Stock Market May Extend Its Gains
The Singapore stock market has moved higher in two straight sessions, gathering more than 25 points or 0.7 percent along the way. The ...