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Category: FINANCE

Posted on 22/11/2023

Vietnam’s IPO market has slowed down in 2023

Vietnam saw just three initial public offering (IPO) listings in the first 10 months of 2023, raising approximately $7 million, according to the latest report by Deloitte.

Posted on 22/11/2023

Ahead of IPO, Tata Technologies collects INR 791 cr from anchor investors

The company has allotted 1.58 crore equity shares to 67 funds at INR 500 apiece, which is also the upper end of the price band, according to a circular uploaded on the BSE website. Goldman Sachs ...

Posted on 22/11/2023

IPO screener: IREDA issue subscribed 2 times on Day 1

IREDA's IPO was fully subscribed 1.95 times, with QIBs, NII and RIIs receiving 1.34x, 2.73x and 1.97x subscription respectively. Anchor investors raised Rs 643.26 crore at ₹32 per share. The issue is ...

Posted on 22/11/2023

Singapore monetary policy stance appropriate – c.bank official

SINGAPORE, Nov 22 (Reuters) - The current monetary policy settings of Singapore's central bank are appropriate and the bank expects the city-state's domestic interest rates to take reference from ...

Posted on 22/11/2023

DBS Foundation gives SGD 1 million to support financial and digital literacy for persons with disabilities

DBS Foundation has tied up with SG Enable, in order to accelerate financial and digital literacy for persons with disabilities with a grant of SGD 1 million.

Posted on 22/11/2023

Singapore stocks snap 3-day losing streak; STI up 0.6% on Wednesday

SINGAPORE shares closed higher on Wednesday (Nov 22), snapping a three-day losing streak amid mixed trading in regional markets. Read more at The Business Times.

Posted on 22/11/2023

SoftBank-backed Carro in talks to raise over $100 million ahead of potential US IPO – exec

Carro, a Southeast Asian online automotive marketplace, is in talks with potential investors to raise over $100 million ahead of a possible U.S. listing in 18 months, said a senior executive at the ...

Posted on 22/11/2023

Best fixed deposit rates in Singapore (November 2023): DBS, UOB, HSBC, and more

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 22/11/2023

Singapore shares edge lower on Wednesday; STI down 0.1%

SINGAPORE stocks struggled to advance on Wednesday (Nov 22), as pullbacks on Wall Street and Europe clashed with the Singapore trade ministry’s expectations that economic growth would come in at ...

Posted on 22/11/2023

Singapore 2023 GDP growth narrowed to 1%; Q3 growth at 1.1%

SINGAPORE’S full-year economic growth is expected to come in at around 1 per cent, the Ministry of Trade and Industry (MTI) said on Wednesday (Nov 22) morning. Read more at The Business Times.

Posted on 22/11/2023

DBS, UOB and OCBC: Which of These 3 Banks Should You Pick?

We review and compare the trio of local banks to see which is the most attractive. The post DBS, UOB and OCBC: Which of These 3 Banks Should You Pick? appeared first on The Smart Investor.

Posted on 22/11/2023

Hongkong Land appoints Singapore-based Mapletree’s Michael Smith as CEO

Smith is currently the regional CEO for Europe and the US at Singapore-based global real estate investment company Mapletree Robert Wong, who has been Hongkong Land's CEO since 2016, will stay on as a ...

Posted on 22/11/2023

Unbridled innovation: a rude awakening for Singapore’s banks?

One episode of widespread unavailability of digital banking and ATM services in May, not the first, saw the Monetary Authority of Singapore impose an additional capital requirement on DBS – a harsh ...

Posted on 21/11/2023

Money Talks – How to invest your first S$100,000

Dexter Tiah was only two years into his first job when he accumulated enough to start his first S$100,000 investment portfolio. The investor and author of the personal finance book Laughs, Losses and ...

Posted on 21/11/2023

Best Fixed Deposit Rates in Singapore (Nov 2023)—DBS, UOB, HSBC, and More

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 21/11/2023

Visa, UOB, and Doxa Partnership to Expedite Contractor Payments in Asia Pacific

Visa has teamed up with United Overseas Bank Limited (UOB) and the Singapore-based fintech company Doxa to offer a payment solution for contractors in the Asia Pacific region. This collaboration is ...

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