The Monetary Authority of Singapore (MAS) has introduced two new frameworks aimed at enhancing the commercialization of asset tokenization in financial markets.
Singapore Gulf Bank launches corporate banking services
Real-time settlement capabilities, fully remote onboarding will support businesses in the global economy ...
DBS issues green loan of ‘about $60 mil’ to Rexus Bioenergy to finance waste wood power plant in Jurong
As financial adviser, DBS says it provided an “end-to-end service” to Rexus Bioenergy, and advised them on project finance structuring, due diligence and modelling workstreams. “The development is ...
Dennis Uy to cede control of DITO as Singapore investor expands stake
MANILA, Philippines — Davao-based tycoon Dennis Uy is set to lose control of DITO CME Holdings with an investment from a Singapore-based company. In a report filed to the Securities and Exchange ...
SIA to invest $1.1 bil in Airbus A350 cabin refitting programme
The airline is set to showcase new business class seats in all 41 aircraft, which are also expected to feature on SIA’s upcoming Boeing 777-9 aircraft.
Niva Bupa IPO: Fresh Issue Will Help Solvency, Growth; OFS To Accommodate FIIs
Niva Bupa has set a price band of Rs 70-74 per share for its IPO that will open for subscription later this week.
UOB FinLab Awards Over S$100,000 Funding for GreenTech Pilots Across ASEAN
UOB FinLab, the innovation accelerator of United Overseas Bank, has awarded over S$100,000 in funding to GreenTech firms.
How Singapore’s tokenization push could reshape fixed income and FX markets
Singapore’s MAS boosts tokenization with new Project Guardian frameworks, enhancing liquidity and adoption in debt, FX, and fund markets.
Niva Bupa’s IPO to open on Thursday, price band fixed at Rs 70-Rs 74
Niva Bupa Health Insurance Company on Monday said it has fixed the price band of Rs 70-Rs 74 per equity share of face value Rs 10 each for its maiden initial public offer (IPO).
Person jailed for accepting $300 to share bank details used in $160k money laundering scheme
His Singpass identity was subsequently used to open two bank accounts that were used to receive more than $337,000. At least $114,000 was derived from 21 scam victims in Singapore, said the police.
Woman in S’pore transfers S$290k to scammers, but manages to get back S$250k
SINGAPORE: A 77-year-old woman recovered S$250,000 ... A scammer, pretending to be a Standard Chartered Bank employee, called the victim and told her that several unauthorised transactions had been ...
MAS pushes ahead on tokenisation in financial services for commercialisation
SINGAPORE - Singapore is pushing ahead in its plans for ... In his speech, Mr Leong also said Citi, HSBC, Schroders, Standard Chartered and UOB have formed the Guardian wholesale network industry ...
Singapore stocks started the week on a high note on Monday—STI rose by 0.5%
In the broader market, 67 gainers outpaced 50 losers after 35.9 million securities valued at S$56.5 million were traded ...
Niva Bupa Health IPO opens on Nov 7: Check GMP, dates, & other key details
The public offering comprises a fresh issue of 108,108,108 shares and an offer for sale, with the promoters Bupa Singapore Holdings and Fettle Tone offloading 189,189,189 shares with a face value of ...
DBS appoints Shilpa Gulrajani as head of sustainability for institutional banking
Singapore-based bank DBS appoints Shilpa Gulrajani as head of sustainability for institutional banking. The role was vacated in April after the departure of Yulanda Chung.
Maybank and DBS downgrade Aztech Global, expect 4QFY2024 to be slower than 3QFY2024
Maybank Securities analyst Jarick Seet has lowered his call on Aztech Global from “buy” to “hold” at a reduced target price of 78 cents from $1.14 previously. DBS Group Research analyst Ling Lee Keng ...