Teng, who has become a member of the board, brings a wealth of experience from the financial and fintech sectors across multiple countries. ( read original story ...)
Vodafone arbitration case: Singapore court to hear India’s appeal in Sept
Arbitration court in September rejected India's demand for Rs 22,100 crore in back taxes and penalties from company. ( read original story ...)
AirAsia’s Tony Fernandes on building the ‘low-cost unicorn’ of Asian super-apps, digibank hopes and possible SPAC listing
Fernandes has brushed off analysts’ scepticism about his digital expansion plans, saying he will bring the airline’s underdog mentality to the new venture. ( read original story ...)
Unicorn IPOs may bring tax woes for early investors
Prior to getting listed unicorns have to bring down the per share price, so that small retail investors can participate in the issuance. The only way to do so is to issue bonus shares — a step that ... ( read original story ...)
OCBC closes restaurant account linked to alleged Singaporean scammer
A restaurant linked to the Singapore businessman at the heart of an allegedUS $1 billion scam has closed down after Oversea-Chinese Banking Corp. terminated its bank account, the Straits Times ... ( read original story ...)
A Full Guide To Priority Banking In Singapore (2021)
There’s personal banking and there’s Priority Banking. Here’s a full lowdown on what this elevated banking status grants you and a look at some programmes that are available in Singapore. Loyalty ... ( read original story ...)
OCBC Closes Restaurant Account Linked to Alleged Scammer: Report
A restaurant linked to the Singapore businessman at the heart of an alleged $1 billion scam has closed down after Oversea-Chinese Banking Corp. terminated its bank account, the Straits Times reported ... ( read original story ...)
CarTrade IPO to open on 9 August, close on 11 August
Online auto classifieds platform, CarTrade Tech. Ltd’s initial public offering (IPO) will open on 9 August and close on 11 August. CarTrade, which helps users find used as well as new cars, is backed ... ( read original story ...)
One year jail for employee who earned S$57,000 by using company printers for personal business
A production manager at a printing company was sentenced to one year’s jail for using company equipment to fulfil orders for his personal busine ... ( read original story ...)
Malaysia gears up for the future of finance as AirAsia, Sea Group, Grab face off in bid for digital banking licences
Singapore in many ways is seen as a leader in financial services ... [taking part in our partnership with] Citibank” with the likes of Grab’s data, which Fernandes said “is just about redeeming food”. ( read original story ...)
Temasek, DBS to launch US$500 million debt financing platform
SINGAPORE: Southeast Asia's biggest lender DBS Group and state investor Temasek Holdings will jointly launch a US$500 million debt financing ... ( read original story ...)
Big broking firms expect Zomato’s shares to double from IPO price
JM Financial and Jefferies India have set a target of Rs170, while UBS has set a target of Rs165, compared with Rs76/share during IPO. ( read original story ...)
Temasek, DBS launch $677m debt financing platform for tech firms in Asia
SINGAPORE - State investor Temasek and DBS Bank will jointly launch a US$500 million (S$677 million) growth-stage debt financing platform. Called EvolutionX Debt Capital, the platform will provide non ... ( read original story ...)
Singapore Bourse May Test Resistance At 3,200 Points
The Singapore stock market has tracked higher in two straight sessions, advancing more than 40 points or 1.3 percent along the way. The Straits Times Index now sits just above the 3,180-point plateau ... ( read original story ...)
Stock Market Today: SGX Nifty sheds 90 points; Asian markets mixed; dollar at one-month low, gold rises
Nifty futures on the Singapore Exchange traded 90 points, or 0.57 per cent, lower at 15,749, signaling that Dalal Street was headed for a mildly negative start on Friday. Nifty50 on Thursday negated ... ( read original story ...)
YIN Finance Announces Testnet Launch of Its Liquidity Management Platform Ahead of Mainnet Launch in August
YIN Finance, a multi-strategy NFT liquidity management platform, has announced the launch of its testnet on July 30, 00:00 GMT, as preparations for its mainnet are finalized. YIN Finance is geared ... ( read original story ...)