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Category: FINANCE

Posted on 25/08/2023

Singapore’s DBS Bank Launches ‘DBS BetterWorld’ Metaverse Experience in The Sandbox, Aims To Tackle Food Waste

The largest bank in Singapore, DBS Bank, has developed a novel metaverse experience within The Sandbox that will be made available to the general public by the end of the year.

Posted on 25/08/2023

OCBC and UOB: SGX Banking Shares for Steady Dividend Income

SGX-listed Oversea-Chinese Banking Corp. Ltd. (SG:O39) and United Overseas Bank Ltd. (SG:U11) are popular among investors for their steady ...

Posted on 25/08/2023

Singapore services receipts growth slows for 4th straight quarter to 3.9% in Q2

SINGAPORE’S services industries recorded a 3.9 per cent year-on-year rise in business receipts in Q2, easing from the revised 7.7 per cent growth in the preceding quarter, data from the Department of ...

Posted on 25/08/2023

Singapore joins green bond rush with RM9.77bil offering

The issuer earlier announced details of the sale on the website of the Monetary Authority of Singapore, or MAS, which acted as a government agent in the sale. The offering underscores a rush by ...

Posted on 25/08/2023

DBS plants flag in metaverse through new adventure game

The first iteration of BetterWorld will allow users here to earn in-game rewards that can be redeemed via QR codes. Read more at straitstimes.com.

Posted on 25/08/2023

Why did the suspects in Singapore’s new billion-dollar money laundering case have so many passports?

The 10 foreigners Singapore police arrested last week in a massive anti-money laundering operation were citizens of countries including China, Vanuatu, Cyprus, Türkiye and Cambodia. But it's since ...

Posted on 25/08/2023

HSBC hires Evercore’s Alex Hong to lead Singapore dealmaking coverage

HSBC Holdings has hired Alex Hong from Evercore to lead the bank’s dealmaking efforts in Singapore. Read more at The Business Times.

Posted on 24/08/2023

D2C brand Mamaearth in talks for up to $150M pre-IPO round: Report

Mamaearth has held preliminary discussions with SoftBank, Singapore's GIC, Qatar Investment Authority (QIA), and Fidelity Investments.

Posted on 24/08/2023

Companies should review due-diligence practices in light of billion-dollar money-laundering case

SEVERAL companies have already been named in connection with the 10 foreigners rounded up in Singapore’s high-profile, S$1 billion money-laundering case. The number is set to increase. Read more at ...

Posted on 24/08/2023

Singapore stocks extend gains, tracking regional markets, STI up 0.2%

Regional investors took the hint: Hong Kong’s Hang Seng advanced 2.1 per cent, the Nikkei 225 in Tokyo rose 0.9 per cent, the Kospi in Seoul climbed 1.3 per cent and Australian shares rose 0.5 per ...

Posted on 24/08/2023

Singapore: Inflation receded further in July – UOB

Senior Economist at UOB Group Alvin Liew reviews the latest release of inflation figures in Singapore.

Posted on 24/08/2023

HSBC Hires Evercore’s Hong to Lead Singapore Dealmaking Coverage

(Bloomberg) -- HSBC Holdings Plc has hired Alex Hong from Evercore Inc. to lead the bank’s dealmaking efforts in Singapore. Most Read from Bloomberg Wagner Chief Prigozhin Listed Aboard Crashed Jet, ...

Posted on 24/08/2023

Singapore boosts green bond sale to as much as $2.8 bil

The city-state — which boosted the size from an earlier target of at least $1.8 billion — plans to raise as much as $2.75 billion.

Posted on 24/08/2023

Lawrence Wong heading to Jakarta, Indonesia to attend Asean Finance Minister’s meeting

Deputy Prime Minister and Finance Minister Lawrence Wong will travel to Jakarta, Indonesia from Aug 24 to Aug 25 to attend the 10th Asean Finance Ministers' and Central Bank Governor's Meeting (AFMGM) ...

Posted on 24/08/2023

Singapore’s Ampverse Partners DMI Finance To Build Gaming Studio In India

Singapore-based Ampverse has announced plans to set up a gaming studio in India in partnership with NBFC DMI Finance.

Posted on 24/08/2023

DBS unveils metaverse game tackling global food waste

An estimated 1.3 billion tonnes or one-third of all food produced in the world are wasted each year, according to data from the United Nations. In the concept, players must complete a series of ...

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