Talks with Singapore likely on ASEAN-India FTA, maritime security & Myanmar, while gas & space to be highlighted in Brunei as Modi becomes 1st-ever PM to visit the oil-rich country.
IPO Roundup: Cuprina Holdings, Trident Digital and more
The U.S. IPO pipeline continues to see moderate traffic ahead. For the holiday shortened week, no major names have yet surfaced, with mostly companies from Asia looking to raise some capital.
Food Innovators lodges preliminary document for Catalist IPO
RESTAURANT operator Food Innovators Holdings (FIH) has lodged a preliminary prospectus for a Catalist listing on the Singapore Exchange. Read more at The Business Times.
Malaysia’s Kenanga Investment Bank invests US$5.2 million in Singapore fintech Helicap
MALAYSIA-BASED Kenanga Investment Bank on Monday (Sep 2) announced it has invested in Singapore fintech company Helicap to advance the bank’s digitalisation initiatives. Read more at The Business ...
Trust Bank boasts rapid growth in two years
Digital bank Trust Bank is on track to become Singapore’s fourth-largest retail lender in Singapore by the end of 2024.
PM Modi’s Singapore Visit To Take Ties To An “Entirely New Level”: Foreign Ministry
Prime Minister Narendra Modi will be on an official visit to Singapore on September 4, 5 to further strengthen bilateral ties between the two nations.
Validus Secures $50M Debt Financing from HSBC to Support Indonesian SMEs
Validus, a digital lending platform for small and medium enterprises (SMEs) based in Singapore, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. The funding ...
Weekly Singapore Stock Market Round Up: Singapore Stocks Climb on Positive US Economic Data
Singapore’s stock market concluded the week on a positive note, primarily driven by the release of positive US economic data on Thursday night. The Straits Times Index (SGX: ^STI), a [...] The post ...
Validus Raises US$50M Debt Funding from HSBC to Boost Indonesian SME Lending
Singapore-based digital SME lending platform Validus has secured a debt funding of up to US$50 million debt funding from HSBC.
DBS’ Jeremy Soo to Succeed Susan Hwee as NETS Chairman
Network for Electronic Transfers ( NETS) has announced the appointment of Jeremy Soo, Managing Director and Head of Consumer Banking Group at DBS Singapore, as its new Chairman, effective 1 September ...
Singapore shares open higher on Monday—STI increased by 0.1%
Singapore’s local banks performed well in early trading. DBS led the gains, rising S$0.13, or 0.4%, to S$36.49. UOB followed with an increase of S$0.08, or 0.3%, to S$31.47. OCBC also rose, gaining ...
Win Streak Likely To Continue For Singapore Shares
(RTTNews) - The Singapore stock market has moved higher in back-to-back sessions, gathering more than 50 points or 1.5 percent along the way. The Straits Times Index now sits just above the ...
OCBC Singapore Users Faced Temporary Online Banking Disruption
Singapore's OCBC Bank experienced technical difficulties on 1 September that temporarily disrupted its internet and mobile banking services.
5 Singapore Stocks Paying Out Dividends in September
The Singapore stock market has always been a great place for dividends. Income-seeking investors not only have a wide choice of companies to select from but dividends are also exempted from taxation.
Market mood upbeat ahead of expected Fed rate cuts
Whatever the quantum, news of a rate cut will likely lift market sentiment initially. CGS International pointed out in a strategy report last week that anecdotal evidence of stock performance in ...
Singapore’s OCBC website, mobile app resume after disruption
(Bloomberg) — Singapore lender Oversea-Chinese Banking Corp. said its website and mobile app were working normally after being inaccessible to some users earlier Sunday. The bank apologized for the ...