Cayman Islands-based Brilliance Group has filed an initial public offering (IPO) with the Securities and Exchange Commission on Monday, planning to list its primary operational subsidiary, KHIW, on ...
Standard Chartered boosts cash management offering with multibank connectivity service
It offers real-time visibility, access, and control of cash holdings to companies. Standard Chartered has teamed up with Singapore-headquartered fintech Starfish Digital to introduce a multibank ...
Singapore to impose higher capital requirements on too-big-to-fail insurers
FROM next year, four insurers in Singapore will face a 25 per cent capital add-on to increase their higher and lower supervisory intervention levels, as well as Common Equity Tier 1 and Tier 1 capital ...
UOB introduces new security features on banking app to protect customers
The 2 new security features on its UOB TMRW banking app are aimed at protecting customers against malware-enabled scams. Read more at straitstimes.com.
DBS latest bank to roll out anti-scam measures, after OCBC and Citi
DBS is the latest bank to do so after OCBC and Citi announced their anti-scam measures in the last couple of weeks, following cases of malware scams targeting users of Android devices.
DBS, UOB become latest banks to restrict access if unverified apps are found on customers’ phones
Both local banks said their new anti-malware security measures do not monitor phone activities, collect or store personal data.
Grab Shuts Down Investment Business, Users Have Until 13 Oct to Withdraw Funds
Grab announced that it will be shuttering its investment business in Singapore by discontinuing its AutoInvest and Earn+ products.
4 Singapore REITs with Distribution Yields of 7% or More: Are They a Bargain?
Sasseur REIT also has one of the lowest aggregate leverage ratios among Singapore REITs at just 26.2% but its weighted ... thereby mitigating the continued increase in finance costs. United Hampshire ...
Singapore named Asia’s top fintech hub, fourth globally
The Lion City attracted the highest level of VC investments, offering regulatory stability. Singapore has established its position as Asia’s fintech hub, ranking fourth globally in the Savills’ ...
Human or artificial intelligence investing: Who wins?
Can AI do the heavy lifting for you when it comes to investing your hard-earned money? Not quite – yet. Read more at straitstimes.com.
JSW Infrastructure IPO: Should you subscribe or skip?
JSW Infrastructure IPO comprises a fresh issuance of Rs 2,800 crore worth of shares and does not include an Offer for Sale (OFS) component.
DBS should focus on digitalisation to capitalise on its acquisition of Citibank’s Taiwan operations
DBS’s move to acquire Citibank’s consumer banking operations in Taiwan (Province of China) will prove highly beneficial for the bank, as long as it can tap into the digital needs of Taiwanese consumer ...
Grab shutters investment products AutoInvest and Earn+
The GrabInvest business was serving only the Singapore market as Grab did not roll out either investment product to other markets in the region. Read more at straitstimes.com.
StorHub secures $180 mil sustainability-linked loan from CIMB, UOB
StorHub’s KPIs are to reduce reduce electricity consumption and obtain LEED green building certification for seven properties.
Brokers’ take: OCBC starts coverage on Boustead Singapore with ‘buy’
OCBC Investment Research said Boustead Singapore’s current share price levels may present an “attractive entry point” for investors given its undemanding valuations, above-average yield and exposure ...
Boustead Singapore is ‘big, bold and beautiful’, says OCBC
OCBC's Ada Lim, calling Boustead Singapore 'big, bold and beautiful', has on Sept 22 initiated coverage on this country's longest-operating company with a 'buy' call and accorded a $1.05 price target ...