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Category: FINANCE

Posted on 14/09/2023

RIL shares in focus on report Reliance Retail in talks with Gulf, Singapore funds for $1.5 billion investments

Reliance Industries this week said global investment firm KKR, through an affiliate, will invest Rs 2,070 crore into RRVL and increase its stake to 1.42 per cent. The investment valued RRVL at a ...

Posted on 14/09/2023

SGX total securities market down by 2.88% y-o-y to $23.6 bil in August

For the first eight months of the year, the STI’s total return stands at 3.8%. The Singapore stock market saw net institutional inflow of $408 million and net retail inflow of $600 million in August.

Posted on 14/09/2023

Singapore Bourse May Hand Back Wednesday’s Gains

The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of ...

Posted on 13/09/2023

Singapore proptech company Simpple prices IPO shares at US$5.25 apiece

PROPTECH company Simpple has priced some 1.6 million ordinary shares for its initial public offering (IPO) at US$5.25 apiece. Read more at The Business Times.

Posted on 13/09/2023

Wealthy here should contribute to society, adhere to Singapore’s norms: DPM Wong

THE wealthy who park their funds in Singapore should contribute to society through taxes and philanthropy, and adhere to the country’s norms against ostentatious displays of wealth, said Deputy Prime ...

Posted on 13/09/2023

SC quashes criminal proceedings against DBS Bank, says allowing prosecution will be travesty of justice

The Supreme Court has quashed criminal proceedings against the DBS bank in a case of alleged misappropriation of fixed deposits, observing that allowing its prosecution will amount to travesty of just ...

Posted on 13/09/2023

Reliance Retail in talks with Gulf, Singapore funds for $1.5-bn investment: Report

Mukesh Ambani-controlled Reliance Retail is reportedly in talks with existing investors including the sovereign wealth funds of Singapore, Abu Dhabi and Saudi Arabia for another round of investments ...

Posted on 13/09/2023

Exclusive: India’s Reliance Retail in talks with Gulf, Singapore funds on $1.5 billion injection

India's Reliance Retail is in talks with existing investors including the sovereign wealth funds of Singapore, Abu Dhabi and Saudi Arabia for combined new investments of around $1.5 billion, three ...

Posted on 13/09/2023

Singapore’s Bayfront prices $559m infrastructure asset-backed securities

The Asian Infrastructure Investment Bank (AIIB) participated in the transaction as an anchor investor. Read more at straitstimes.com.

Posted on 13/09/2023

Singapore stocks buck regional decline amid cautious sentiment, STI up 0.1%

Losers beat gainers 308 to 246, after 1.3 billion securities worth $782.7 million changed hands. Read more at straitstimes.com.

Posted on 13/09/2023

Singapore salaries: Majority of companies to increase pay next 12 months, says survey

Findings from a recent SBF survey revealed a generally positive employment outlook, with many companies projecting pay raises. Why?

Posted on 13/09/2023

Singapore’s banking customer experience stagnates in 2023: Forrester

Photo by CEphoto, Uwe Aranas. Source: https://commons.wikimedia.org/wiki/File:Singapore_Marina-Bay-Panorama-04.jpg Since you're here... ...there are many ways you can ...

Posted on 13/09/2023

Forrester’s 2023 Singapore Banking CX Index: Faced With Economic Headwinds, Overall CX Quality Declines

SINGAPORE, Sept. 13, 2023 /PRNewswire/ -- Forrester's (Nasdaq: FORR) 2023 Singapore Banking Customer Experience Index (CX Index™) reveals an overall decline in CX quality amongst multichannel banks, ...

Posted on 13/09/2023

90 cents left in bank account: Pregnant woman loses nearly $60k after falling for tingkat delivery scam

A pregnant woman wanted to get healthier meals but ended up losing her entire savings after falling victim to a scam. The 32-year-old woman, surnamed Yan, had chanced upon a Facebook advertisement of ...

Posted on 13/09/2023

CIMB Hosts WoWeek! in Appreciation of Its Customers’ Support and Trust in the Bank

CIMB Singapore is celebrating its customer appreciation week CIMB WoWeek! from 11 to 15 2023. The week-long event aims to honour and thank its customers who have shown steadfast support in the bank ...

Posted on 13/09/2023

DBS upgrading to Digital Token authentication, replacing SMS OTP

SINGAPORE: From Sept 17, Digital Token authentication will replace SMS OTP authentication progressively, says DBS. And to that, an anonymous participant of Complaint Singapore shared, “Good news for ...

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