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Category: FINANCE

Posted on 04/11/2024

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 ...

Posted on 04/11/2024

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 ...

Posted on 04/11/2024

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 ...

Posted on 04/11/2024

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 ...

Posted on 04/11/2024

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.

Posted on 04/11/2024

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 ...

Posted on 04/11/2024

Niva Bupa Health Insurance IPO opens on Nov 7; check price band, lot size & more

The initial public offering (IPO) of Niva Bupa Health Insurance Company shall open for bidding on Thursday, November 7, which can be subscribed until Monday, November 11. Interested investors can ...

Posted on 04/11/2024

I’ve Attended The Singapore FinTech Festival (SFF) In The Past 2 Years, Here’s What Finance Professionals Can Expect At This Stand-Out Event

The Singapore FinTech Festival (SFF) is the largest in the world and curates a platform for global FinTech brands and communities.

Posted on 04/11/2024

Singapore Fintech Festival Back with a Bang to Explore AI and Quantum Tech

The Fintech Festival 2024 returns for its 9th edition from 6 to 8 November, with a focus on the impact of AI and quantum technology.

Posted on 04/11/2024

Quantum computing and AI in the spotlight at Singapore FinTech Festival 2024

Just like how generative AI (gen AI) changed the world when it exploded into the market in Nov 2022, he said, adding that this shift is exactly what the Singapore FinTech Festival (SFF) 2024 aims to ...

Posted on 04/11/2024

Jail for Singaporean man who used corporate credit card to make nearly S$30,000 in unauthorised transactions

SINGAPORE: A risk and controls officer with an insurance firm, who earned more than S$11,000 a month used its corporate credit card to make 27 unauthorised transactions involving S$29,674 in total.

Posted on 04/11/2024

Singapore life insurers have healthy capital buffers to withstand shocks

Most key life insurers here have a capital adequacy ratio (CAR) of at least 150 per cent. Read more at straitstimes.com.

Posted on 03/11/2024

Singapore to inject additional S$440 million to boost investments in deep-tech startups

SINGAPORE will add S$440 million to a scheme aimed at boosting private-sector investments into deep-tech startups based in the city-state, Deputy Prime Minister Heng Swee Keat announced on Monday (Oct ...

Posted on 03/11/2024

Opening Day: Polyrizon, Gelteq debut in quiet IPO week

Polyrizon and Gelteq made their public debut on Tuesday in a quiet Halloween week for the IPO market. LATEST IPOS AND DIRECT LISTINGS: ...

Posted on 03/11/2024

Olam gets buyout offer for agri unit after IPO delay; shares jump 14%

SINGAPORE - Olam Group has received a non-binding indicative ... In May 2023, Olam said its proposed initial public offering (IPO) of Olam Agri – originally slated to be completed by the first half of ...

Posted on 03/11/2024

Busy schedule for primary market as 4 big IPOs open next week amid Dalal Street slump

The IPO comprises solely an offer-for-sale of 70.2 crore equity ... and an offer-for-sale of Rs 1,400 crore by promoters Bupa Singapore Holdings Pte, and global private equity firm True North-owned ...

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