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Category: FINANCE

Posted on 21/09/2024

Microlender Aye Finance Secures INR 250 Cr in Series G Funding Led by ABC Impact

With the raised capital, Aye Finance aims to scale its operations and enhance its ability to deliver value to its target segment of microenterprises.

Posted on 21/09/2024

Aye Finance Bags INR 250 Cr From Singapore’s ABC Impact, Others To Bolster Its MSME Lending Play

Lending tech startup Aye Finance has now secured INR 250 Cr (around $30 Mn) in a Series G funding round led by Singapore-based ABC Impact ...

Posted on 21/09/2024

DBS aims to double fees from wealth management by 2027 as rich shift assets to Singapore, Asia

DBS still hiring relationship managers, with headcount up by 20 per cent since the middle of 2023. Read more at straitstimes.com.

Posted on 21/09/2024

DBS sees wealth fees doubling by 2027 as the rich head to Asia

DBS Group Holdings aims to double fees from wealth management by 2027 as more of the world’s affluent investors shift their assets to Asia. Read more at The Business Times.

Posted on 21/09/2024

Prudential hires Standard Chartered veteran to lead sustainability governance and risk management

Zhi Ling Wong, who spent over a decade developing ESG risk frameworks for the British lender in response to global regulations, is one of the key APAC appointments the life insurer has made after its ...

Posted on 20/09/2024

Swiggy plans to file $1.4 billion IPO this weekend: Report

Swiggy, along with Zomato, dominates over 90% of India's food delivery market. This market is projected to expand to ₹2 lakh crore by 2030. While Zomato went public last year, Swiggy is preparing to ...

Posted on 20/09/2024

DOF touts to Singapore firms perks under Create More bill

The finance department has assured Singaporean investors that the enactment of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy ...

Posted on 20/09/2024

DBS Says It Raised Flags Over Embattled Bangladesh Lawmaker

DBS Group Holdings Ltd. said it raised flags about a former lawmaker in Bangladesh who has amassed a $265 million real estate empire and reportedly borrowed money from the Singapore bank.Most Read ...

Posted on 20/09/2024

DBS surpasses expectations with euro covered bond

Singaporean bank prints more than originally targeted ◆ Slim premium paid for size ◆ Deal bought forward to avoid competing supply ...

Posted on 20/09/2024

Man gets jail for stealing fellow passenger’s credit card during AirAsia flight from KL to Singapore

SINGAPORE: A 30-year-old man was sentenced to seven months’ jail after he stole a credit card belonging to another passenger while on a flight to Singapore, police said in a news release on Friday ...

Posted on 20/09/2024

Swiggy IPO filing likely this weekend, say sources

Swiggy recently upsized its IPO to $1.4 billion, amid intensifying competition in the online grocery delivery space, where its platform Instamart competes with the likes of Zomato-owned Blinkit, Zepto ...

Posted on 20/09/2024

5 people arrested for alleged links to recent spate of banking-related malware scams

SINGAPORE - Four men and a woman, aged between 18 and 46, have been arrested for their suspected involvement in a recent spate of banking-related malware scam cases. Malware-enabled scams cost victims ...

Posted on 20/09/2024

Goldman Sachs-backed Blockdaemon eyes 2026 IPO as blockchain adoption grows in APAC

The company, valued at $3.3 billion, is monitoring market conditions, particularly in the US and Asia-Pacific regions, before making a final decision.

Posted on 20/09/2024

Singapore seeks asset details of S Alam Group in Bangladesh

Singapore’s Financial Intelligence Unit has urged the Bangladesh Financial Intelligence Unit to provide details on the local and foreign assets of S Alam Group and its owners.

Posted on 20/09/2024

Hiring at Citigroup Singapore to pick up, says global firm’s head of wealth

In a wide-ranging interview with CNA’s Elizabeth Neo, Mr Andy Sieg shared the importance of Asia to his firm’s growth.

Posted on 20/09/2024

OCBC builds largest $500 million office outside CBD to house up to 4,000 employees in Punggol Digital District

OCBC builds largest $500 million office outside CBD to house up to 4,000 employees in Punggol Digital District Singapore News ...

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