The Monetary Authority of Singapore (MAS) has awarded Major Payment Institution licences to DBS Vickers (DBSV), a brokerage arm of DBS Bank, as well as Australia-based crypto exchange Independent ... ( read original story ...)
MAS grants crypto licences to DBS and Australian exchange; more licences expected to be issued
DBS is the first bank to obtain the licence while crypto exchange Independent Reserve is the first foreign entity to do so.. Read more at straitstimes.com. ( read original story ...)
Stakes rise for Singapore’s big crypto bet
In a socially conservative country, authorities have not just extolled the potential benefits of crypto but backed it up with legislation. Since January 2020, crypto companies have been able to apply ... ( read original story ...)
Perfect Day Raises $350M in Late-Stage Funding Round As the Dairy Identical Brand Prepares to IPO
Dairy identical startup Perfect Day is moving closer to going public, announcing it has raised $350 million in a late-stage funding round. ( read original story ...)
Where’s our promised refund from Singapore Airlines?
Singapore Airlines promises Rebecca Engelmann a refund for the flights she canceled during the pandemic. She decides to file a credit card dispute. Then things get complicated. Is there a way out? ( read original story ...)
Asean IPOs expected to hold steady in Q4 as Chinese listings take a hit
Tensions between the Washington and Beijing and resurging Covid-19 cases could hammer China's IPO market, says EY.. Read more at straitstimes.com. ( read original story ...)
Abans Holdings files IPO papers with Sebi
The initial share-sale comprises fresh issuance of equity shares of up to 38 lakh and an offer for sale of up to 90 lakh equity shares by promoter Abhishek Bansal, according to the draft red herring ... ( read original story ...)
Central banks should focus on data, taxonomy and disclosure to promote green finance: MAS chief
Climate change poses very significant risks to the financial system, and also presents significant opportunities.. Read more at straitstimes.com. ( read original story ...)
Best Bank Home Loans in Singapore: Comparing Mortgage Packages and Interest Rates
Bank home loans offer low mortgage rates from just 1%. From DBS, OCBC, UOB to Citibank and Standard Chartered Bank, you have many choices of fixed and floating rate packages. Can't decide which to ... ( read original story ...)
DBS Home Loan Review: Fixed vs Floating, SORA, BUC Packages and More
DBS home loans are offering mortgage rates as low as 1% p.a. for year 1! Read more to learn about the home loan packages DBS offer, from HDB to private property, BUC to completed projects, fixed and ... ( read original story ...)
Abbisko taps Hong Kong IPO market for $225m
Biopharmaceutical firm Abbisko kicked off bookbuilding for its Hong Kong IPO on Thursday, aiming to raise HK$1.75bn ($225.2m). The Shanghai-based company specialises in the discovery and development ... ( read original story ...)
ThaiBev CEO says beer business IPO still on table
Thai Beverage still considers the listing of its beer subsidiary as the most viable way of raising funds for further expansion, Southeast Asia's major brewer said on Thursday, as it sought to make ... ( read original story ...)
UOB to invest $500 million in digital banking initiatives
Singapore's UOB is to invest up to $500 million in digital innovation initiatives as it seeks to double the retail customers it serves digitally to more than seven million customers across Asean by ... ( read original story ...)
Savour iconic Singaporean favourites at up to 40% off with OCBC Cards dining deals
We’re all proud of our Singaporean food culture. So it’s important that we do our part to support the restaurants that dish out the local flavours that we love. Celebrate local cuisine with OCBC Cards ... ( read original story ...)
SATS, SIA EC, Air China among OCBC’s top aviation sector picks
The move, she says, will help the recovery of the aviation and tourism sectors, barring the risks of a potential spike in the number of Delta variant cases. Many regions in Asia Pacific, which have ... ( read original story ...)
RHB Singapore Opens Flagship Orchard Premier Centre
RHB Singapore opens its flagship Orchard Premier Centre in the heart of town today to serve its Premier Banking clients with a comprehensive portfolio of wealth management solutions. As a leading ... ( read original story ...)