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Category: FINANCE

Posted on 02/07/2024

4 Things To Know About OCBC’s Offer For Great Eastern, And Why Things Could Be More Complicating Than It Seems

OCBC is making an offer for all outstanding Great Eastern (SGX: G07) shares that it currently does not own but delisting make be complicating.

Posted on 02/07/2024

Johor MB, UOB meet in Singapore to discuss business opportunities on special economic zone

Datuk Onn Hafiz Ghazi and UOB senior managers met in Singapore on Monday to discuss business opportunities from the new Johor-Singapore special economic zone (SEZ). UOB, which hosted the meeting at ...

Posted on 01/07/2024

Singapore’s money remittances at high risk of being misused for terrorism financing, says govt report

Money remittances remain the highest risk sector of being exploited for Terrorism Financing (TF) in Singapore, according to a report published on Monday (July 1).

Posted on 01/07/2024

Singapore flags money laundering risk in banking sector

Singapore is inherently exposed to money laundering due to the amount of international banking operations run out of the state, said Colin Jarraw, partner at Virtus Law (Stephenson Harwood (Singapore) ...

Posted on 01/07/2024

Steady investment in SAF shows Singapore is serious about its defence: Ng Eng Hen

That Singapore can send 14,000 soldiers to train overseas also underlines that point Read more at straitstimes.com.

Posted on 01/07/2024

EY Singapore to invest S$100 million in talent development programmes over five years

EY SINGAPORE will invest S$100 million over five years to boost its talent development programmes and improve the attractiveness of the profession, said the financial services giant on Monday (Jul 1).

Posted on 01/07/2024

IPO alert: Niva Bupa Health Insurance files draft prospectus to raise Rs 3,000 crore

Niva Bupa Health Insurance Company Ltd has filed a draft red herring prospectus (DHRP) with SEBI to raise Rs 3,000 crore through an initial public offering.

Posted on 01/07/2024

Niva Bupa IPO: Erstwhile-Max Bupa files DRHP for ₹3,000-crore public issue

Niva Bupa, formerly known as Max Bupa, has announced plans to go public by filing a DRHP with SEBI as the insurance company aims to raise ₹3,000 crore through an IPO and an OFS.

Posted on 01/07/2024

max bupa Health insurance files for initial public offering with sebi to raise rs 3000 crore niva Bupa dhrp care health insurance

The proposed Initial Public Offering (IPO) is a combination of fresh issuance of equity shares worth Rs 800 crore and an offer for sale of up to Rs 2,200 crore by a promoter and an investor ...

Posted on 01/07/2024

Niva Bupa Files for Rs 3,000 Cr IPO: Health Insurance Giant Goes Public

Niva Bupa Health Insurance, formerly Max Bupa, files IPO papers with Sebi for Rs 3,000 crore, marking a significant move in India's health insurance market.

Posted on 01/07/2024

CIMB Singapore Users Report Account Balance Errors, Bank Assures System Safety

CIMB Singapore encountered a technical issue on 29 June 2024, affecting the reflection of certain transactions in the bank account balances.

Posted on 01/07/2024

Singapore police seize 1.28 mln fund for scam

SINGAPORE, July 1 (Xinhua) -- Singapore police blocked 40 suspicious bank accounts and seized over 1.28 million Singapore dollars (945,000 U.S. dollars) during an operation between June 20 and June 27 ...

Posted on 01/07/2024

Green Link Digital Bank donates $50,000 to ST School Pocket Money Fund

SINGAPORE – Green Link Digital Bank has pledged a $50,000 donation to The Straits Times School Pocket Money Fund (STSPMF). The bank made the pledge as it celebrated its second year anniversary on June ...

Posted on 01/07/2024

Singapore’s New Rule To Prevent Misuse Of Casinos For Terrorism Financing Is On Par With FATF

Casinos will now look into a customer’s bank accounts as soon as it crosses the new threshold. “The adjustment is made so that Singapore casinos can better combat money laundering and terrorism ...

Posted on 01/07/2024

DBS maintains ‘buy’ call on MPACT following the divestment of Mapletree Anson

DBS Group Research analysts Rachel Tan and Derek Tan have maintained their “buy” call on Mapletree Pan Asia Commercial Trust N2IU - “The recent divestment of Mapletree Anson addresses investors’ ...

Posted on 01/07/2024

DBS strengthens Mashreq’s global same-day cross-border payments

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...

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