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Category: FINANCE

Posted on 10/01/2023

StanChart back in play as Abu Dhabi bid revealed

First Abu Dhabi Bank looked long at hard at Standard Chartered, and others will do the same so long as it’s cheap. But any suitor must win the approval of Temasek.

Posted on 10/01/2023

DBS: Singapore Leads the Pack in Digitalising Customer Experience

There is widespread enthusiasm among companies to digitalise customer experience and engagement but they faced significant challenges in achieving success.

Posted on 10/01/2023

Nifty to reclaim 18300 or bears to drag index below 18000? 7 things to know before share market opening bell

SGX Nifty is trading marginally in red, hinting at a flat to negative start for Indian benchmark indices BSE Sensex and NSE Nifty 50. Here are 7 key things you need to know before share market opens ...

Posted on 10/01/2023

Olam targets agribusiness IPO in H1 with listings in Singapore, Saudi Arabia

OLAM Group has outlined plans to list Olam Agri, its agribusiness unit, as early as H1 2023, it said on Tuesday (Jan 10). Read more at The Business Times.

Posted on 10/01/2023

Olam Group Aims For First-Half IPO of Agribusiness Unit

Olam Group said in a release Tuesday that it is seeking a primary listing of its agribusiness subsidiary on the Singapore Exchange, and is mulling a possible concurrent listing in Saudi Arabia. "Olam ...

Posted on 10/01/2023

Pensions & Investments hires Koh in Singapore

Natalie Koh has joined Pensions & Investments as a senior reporter based in Singapore. In her new role, Koh will take over covering Asia from Douglas Appell, who will soon be returning to the U.S. to ...

Posted on 10/01/2023

DPA Investment announces new Head of Institutional Trading.

Singapore based Investment advisory firm, DPA Investment has appointed Andrew Forrester as new Head of Institutional Trading. In this role, Andrew will be responsible ...

Posted on 09/01/2023

AmInvest eyes 5-10 pct near-term growth in foreign market investment

Tracy Chen Wee Keng said that through its FIS, AmInvest clients are able to trade in more than 12 foreign markets worldwide, including markets in the United States, Singapore, Hong Kong, Australia, ...

Posted on 09/01/2023

Singapore companies ahead of global peers in approach to digitalising customer experience and engagement: DBS research

Singapore companies are ahead of their global peers in their approach to digitalising their customer experience and engagement, according to research conducted by DBS Bank. The research surveyed 1,225 ...

Posted on 09/01/2023

UOB Kay Hian raises Genting Singapore TP to $1.15 as gaming sector stands to realise ‘full potential’ of China reopening

Analysts have maintained their “overweight” rating for the regional gaming sector, which stand to benefit from China's reopening.

Posted on 09/01/2023

Singapore shares start the week higher; STI up 0.9%

THE Straits Times Index (STI) rose 0.9 per cent or 28.95 points to close at 3,305.67 points on Monday (Jan 9), as Asian markets tracked a surge on Wall Street. Read more at The Business Times.

Posted on 09/01/2023

AmInvest eyes 5-10% near-term growth in foreign market investment

AmInvestment Bank Bhd (AmInvest) is aiming for five to 10 per cent growth in its foreign investing services (FIS) in the near term from about 0.5 per cent of its total trade value in the foreign ...

Posted on 09/01/2023

Market LIVE Updates: SGX Nifty futures indicate a gap-up start for Nifty and Sensex

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on the first trading day of the week amid positive cues from global markets. Singapore Exchange Nifty futures, an early ...

Posted on 09/01/2023

EY expects better global IPO activities in second half of year

EY sees favorable conditions lifting global initial public offering (IPO) activities to "greater momentum” by the second half of the year (2H23) despite a "somber performance through at least the ...

Posted on 09/01/2023

Bank of Singapore names ex-Goldman Sachs SG CEO as new chief

Jason Moo served as CEO of Goldman Sachs Singapore from 2017 to 2019. Bank of Singapore, the private banking arm of OCBC Bank, has named Jason Moon as its chief executive officer, effective 6 March.

Posted on 09/01/2023

Plantation sector likely to be less volatile in 2023: UOB Kay Hian

UOB Kay Hian analysts Leow Huey Chuen and Jacquelyn Yow are maintaining their “market weight” rating on the plantation sector, expecting it to be less volatile in 2023 compared to last year. In their ...

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