The brokerage arm of DBS, DBS Vickers (DBSV), has received in-principle approval from the Monetary Authority of Singapore (MAS) to provide trading services for digital payment tokens, the bank said in ... ( read original story ...)
Ravi Thakran’s Turmeric Capital said to consider Singapore SPAC listing
Tumeric Capital, the Singapore-based PE firm led by former L Catterton Asia head Ravi Thakran, is reportedly exploring listing a SPAC in Singapore. ( read original story ...)
Professor-Turned-Entrepreneur Shi Xu Debuts On Singapore Rich List 2021 After Successful IPO
The 57-year-old joins the list for the first time with a net worth of $1.8 billion, following the IPO of his firm Nanofilm Technologies International. ( read original story ...)
8 Things That Business Owners Should Know About Singapore’s Economic Recovery in 2Q 2021
During that period in 2020, Singapore’s GDP had fallen 13.3%, which means we are still not yet fully recovered from the COVID-19 slowdown. Compared to our pre-pandemic level in 2Q 2019, GDP remains ... ( read original story ...)
DBS, UOB among analysts’ top picks, as Singapore banking sector remains ‘overweight’
Analysts from CGS-CIMB Research, RHB Group Research and UOB Kay Hian have kept their “overweight” recommendations on the Singapore banking sector after the banks posted “decent” results for the ... ( read original story ...)
A close look at Singapore’s thriving startup ecosystem
Singapore is home to fewer than six million people, making it one of the smallest ASEAN countries, in terms of population. It is a young country as well — having gained independence in 1963. ( read original story ...)
COMMENT: Singapore’s social divisions aren’t so clear cut
The role of foreigners in Singapore's economy has been scrutinised amid the pandemic, yet class anxieties may be the country's bigger pressure point. ( read original story ...)
Ex-L Catterton Asia Chief Thakran Said to Explore Singapore SPAC
Turmeric Capital, an investment firm led by former L Catterton Asia head Ravi Thakran, is exploring listing a special purpose acquisition company in Singapore, according to people with knowledge of ... ( read original story ...)
Singapore Raises 2021 GDP Estimate, Now Expects 6%-7% Growth
Singapore’s economy is set to expand at a faster clip than the government previously expected as the city-state shakes off an uptick in virus cases and looks to re-open more sectors through ... ( read original story ...)
Singapore Upgrades 2021 GDP Outlook as Vaccinations Gain Pace
Singapore's bellwether economy expanded more than initially estimated in the second quarter and the government raised its forecast for 2021 as COVID-19 vaccinations progressed at home and in other key ... ( read original story ...)
How to Write a Cheque & Deposit One in Singapore: Step-By-Step Guide
Despite the convenience of PayNow, GrabPay, FavePay, and the countless payment apps that make our lives easier, there are still people and organisations that don’t accept online or credit card ... ( read original story ...)
A workshop on sustainable finance
Capital Market Development Council, Bangko Sentral ng Pilipinas (BSP), Insurance Commission (IC) and the Asian Development Bank ... ( read original story ...)
No Immediate Rating Impact from SCBS’s Proposed Reorganisation
The proposed organisational restructuring which would combine Standard Chartered group's south-east Asian operat ... ( read original story ...)
Temasek Plans Singapore’s Longest-Ever Bond With 50-Year Note
Singapore is poised for the longest-ever bond sale in its credit market as Temasek Holdings Pte markets a 50-year security, adding to a growing list of borrowers globally locking in financing costs ... ( read original story ...)
5 lenders including HDFC Bank, Kotak in race for Citi India’s retail business
Four top local lenders, including HDFC Bank and Kotak Mahindra Bank, and the Singapore-based DBS Bank have emerged as the top five contenders to take over Citi Indias estimated $2-billion retail ... ( read original story ...)
Five Banks, Including HDFC & Singapore-Based DBS, In Fray For Citi India’s Retail Business
The Economic Times, which mentioned this in a report, cited top banking sources as saying that Kotak Mahindra, HDFC and DBS are considered favourites to grab the franchise. ( read original story ...)