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Category: FINANCE

Posted on 21/01/2023

Singapore firms expect business impact from metaverse, ESG

Metaverse, embedded and decentralised finance, and environmental, social, and governance (ESG) are amongst top innovations businesses in Singapore believe will impact their business over the next 12 ...

Posted on 21/01/2023

M1xchange rolls out new offering M1 NXT, an international trade finance platform

Gift-City regulator International Financial Services Centre Authority (IFSCA) has granted licence to M1 NXT (Mynd IFSCA P LTD) to set up International Trade Finance Services (ITFS) platforms in order ...

Posted on 20/01/2023

Shein Launches New Funding Round And U.S. IPO Could Come This Year

Shein was valued at just $15 billion but as recently as April last year it soared to $100bn and rumors of a New York IPO abounded. Now it could have dropped to $64 billion. Here's why.

Posted on 20/01/2023

Singapore to roll out measures to help its people better navigate digital services: Josephine Teo

DAVOS - Singapore aims to be a digital nation for everyone, and is working on measures to equip people with the skills to use such technologies with confidence, said Minister for Communications and ...

Posted on 20/01/2023

Hong Kong’s Dah Sing Bank strikes bancassurance deal with Canada’s Sun Life

Hong Kong's Dah Sing Bank and a subsidiary of Canada's Sun Life Financial Inc have struck a 15-year bancassurance partnership deal in Hong Kong."Sun Life will pay an amount of HK$1.5 billion ($191.5 ...

Posted on 20/01/2023

Canada’s Sun Life clinches $192 million bancassurance deal with Dah Sing Bank

Sun Life Financial Inc has struck a 15-year bancassurance partnership in Hong Kong with Dah Sing Bank, a move that is likely to boost the Canadian insurer's presence in the special administrative ...

Posted on 20/01/2023

SPH Media saga: Audit committee, legal advisers brought in to further investigate inflated circulation data

"Of particular concern" was how 49,000 average daily copies were recorded as circulation numbers but not distributed, says SPH Media in a statement.

Posted on 20/01/2023

SPH Media asks its audit and risk committee to investigate overstated circulation numbers

SPH Media Holdings Board has tasked its Audit and Risk Committee to investigate the misrepresented circulation figures revealed via its internal review more fully, and consider what further steps, if ...

Posted on 20/01/2023

SPH Media Trust roping in legal advisers to investigate inflated circulation numbers ‘more fully’

SINGAPORE — SPH Media Trust (SMT), a non-for-profit firm that owns the Straits Times and Lianhe Zaobao, said it has tasked its audit and risk committee to investigate its inflated circulation issues ...

Posted on 20/01/2023

Singapore dollar hits two-year high against US currency but upside seen limited

Building upon its resilience last year to a surging US dollar, the Singapore dollar has rallied in 2023 to hit its highest level in about two years.

Posted on 20/01/2023

SPH Media to investigate circulation issue more fully

SPH Media Trust (SMT) will reassess its methodology for reporting of circulation data after an internal review found that circulation data had been overstated, the company said in a statement on ...

Posted on 20/01/2023

Canada’s Sun Life clinches $192 mln bancassurance deal with Dah Sing Bank

Sun Life Financial Inc has struck a 15-year bancassurance partnership in Hong Kong with Dah Sing Bank , a move that is likely to boost the Canadian insurer's presence in the special administrative ...

Posted on 20/01/2023

Winning Secrets: Citi’s programme for analysts pushes the boundaries on early careers’ empowerment

Sarab Preet Singh, Head of ASEAN & Singapore HR, Citi on how this programme has helped create holistic development opportunities for analysts.

Posted on 20/01/2023

Brokers’ take: DBS raises SIA’s target price on brighter earnings prospects

SINGAPORE Airlines (SIA)‘s valuation does not adequately reflect its brighter earnings prospects, said DBS Group Research on Friday (Jan 20). Read more at The Business Times.

Posted on 20/01/2023

Market LIVE Updates: Sensex and Nifty 50 likely to open higher amid mixed global cues

Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open higher on the last trading day of the week shrugging weakness across global markets. Singapore Exchange Nifty futures, an early ...

Posted on 20/01/2023

SE Asia looks well set to cross tech IPO target by 2029: Asia Partners report

The Series C/D gap with China is back after a brief lull in 2021-22, says the Southeast Asia Internet Report 2023.

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