Another diversification is into development and construction of landed property Read more at The Business Times.
Blockchain-based lender Figure, backers seek US$526 mil in IPO
The company was co-founded in 2018 by Mike Cagney, who was previously chief executive officer of SoFi Techologies Inc.
OUE REIT’s growth playbook — Singapore-centric assets with interest rate tailwinds
OUE REIT is one of three S-REITs with an all-Singapore portfolio, offering a still attractive yield of around 5.7% after outperforming the market year-to-date ...
Singapore, Shenzhen can work together as gateways to S-E Asia and China’s Greater Bay Area: DPM Gan
He invited Shenzhen’s companies to look at opportunities in the Republic and its immediate neighbourhood. Read more at straitstimes.com. Read more at straitstimes.com.
DBS’s bid for Alliance Bank stake stalls on regulatory delay, Bloomberg News reports
DBS Group's effort to acquire a stake in Alliance Bank Malaysia has hit a snag as Singapore's largest bank awaits regulatory approval to begin discussions, Bloomberg News reported on Tuesday, citing ...
Boustead applies on behalf of UIB Holdings for IPO and listing of Reit that includes its assets
SINGAPORE] Boustead Singapore has applied to the authorities to publicly list a real estate investment trust (Reit) that will include part of its assets. Read more at The Business Times.
Boustead Singapore submits regulatory applications to MAS and SGX in relation to REIT listing
Boustead announced on June 12 that it was conducting strategic reviews for the sale of its stake in some of its logistics and industrial real estate assets to a REIT.
Jane Street plans to move Singapore office in latest Asia expansion
SINGAPORE] Jane Street Group is planning to move to a larger office in Singapore in the latest sign of the securities trading juggernaut expanding in Asia after it signed a major lease in Hong Kong.
Hands-on financial governance approach pays off for GVT
SINGAPORE] The Covid-19 pandemic struck soon after Robby Sucipto joined manufacturing services provider Grand Venture Technology (GVT) as chief financial officer in early 2020. He feared losing his ...
UOB launches first regional Consumer Sentiment Index, revealing ASEAN consumers’ confidence in the economy and personal finances
In the sixth edition of the ASEAN Consumer Sentiment Study (ACSS)[1], the region's leading consumer confidence barometer, UOB launched ASEAN's first UOB ASEAN Consumer Sentiment Index (the Index). The ...
DBS’ plan to buy Alliance Bank stake is said to have stalled
SINGAPORE] DBS Group Holdings’ plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory approval to commence talks, according to people with ...
askST: Thinking about buying an investment-linked plan? Here’s what you should know
Based on consumer complaints, some people do not really understand what such plans are about. Read more at straitstimes.com. Read more at straitstimes.com.
DBS’s plan to buy Alliance Bank stake is said to have stalled
DBS Group’s plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory approval to commence talks, according to people with knowledge of the matter ...
DBS’s bid for Alliance Bank stake stalls on delay in regulatory nod, Bloomberg News reports
DBS Group's effort to acquire a stake in Alliance Bank Malaysia has hit a snag as Singapore's largest bank awaits regulatory approval to begin discussions, Bloomberg News reported on Tuesday, citing ...
Almost 400,000 Singapore bank customers stow away over S$30 billion under money lock feature
SINGAPORE] Bank customers have stowed away billions using anti-scam tools that allow funds to be locked up. Read more at The Business Times.
Singapore key to HSBC’s global wealth strategy, says its bank’s wealth head here
SINGAPORE] As HSBC undergoes a global overhaul of its operations, Singapore remains a key priority of the bank’s strategy to “future-proof” itself, said Ashmita Acharya, head of international wealth ...