SINGAPORE – Fund raising in public markets has dwindled over the past year in the wake of higher inflation and rising interest rates that have triggered volatility in stocks and bonds. Read more at ...
Stop Scams podcast: Banking industry studying ‘money lock’ which customers can use to secure savings
SINGAPORE – Banking customers may soon be able to keep their savings safer with a “money lock” which allows them to voluntarily set aside a certain amount which cannot be digitally transferred out.
ABB E-mobility private placement sets Sfr2.7bn valuation pre-IPO
With an implied valuation of Sfr2.7bn, ABB e-mobility could have a free-float of 25% after its planned IPO in the second half of the year ABB E-mobility took a group of international investors on ...
CytoMed Therapeutics to Sell 2.41 Million Shares at $4-$5 Each in IPO
By Colin Kellaher CytoMed Therapeutics Pte. Ltd. on Wednesday said it plans to sell about 2.41 million shares at between $4 and $5 apiece in its ...
Standard Chartered Appointed Cash Management Partner and FX Prime Broker for OANDA in USA, UK, and Singapore
Standard Chartered Bank (the "Bank") has been appointed as OANDA’s cash management bank for payments and collections in the United States and United Kingdom; an extension of an existing relationship ...
Standard Chartered joins the DP World Tour as associate partner
With presence in various markets worldwide, the bank hopes to offer exclusive golf experiences to its clients through the partnership Standard Chartered joins the DP World Tour as associate partner DP ...
DP World Tour and Standard Chartered tee-up multi-year banking deal
UK-based financial services firm Standard Chartered receives associate and official banking partner designation through deal with the DP World Tour.
Climate tech investments, positioning Singapore as ESG arbitration centre: PwC’s Budget 2023 wish list
SINGAPORE - Offering incentives for early-stage investments into climate tech solutions, and schemes to refine capital risk charge with respect to green finance, could help strengthen Singapore’s ...
DBS to subsidise 5 million hawker meals amid rising food prices
DBS/POSB announced on Wednesday (Feb 1) that it will subsidise five million meals at hawker centres over the next 12 months, as food prices continue to rise amid inflationary pressures. Read more at ...
HSBC Singapore completes legal integration of AXA
This enables HSBC to begin its insurance operations in Singapore. HSBC has completed the legal integration of AXA Insurance Pte Limited (AXA Singapore) and HSBC Insurance (Singapore) Pte. Limited. via ...
Some users in SG confused as SMSes from legitimate firms get flagged as ‘likely scam’
A handful of Internet users received SMSes marked as “likely scam” after a new system by the Infocomm Media Development Authority (IMDA) dubbed the SMS Sender ID Registry kicked in on Tuesday to alert ...
Economists mixed on fiscal outlook for FY2023 Budget; UOB sees 0.8% deficit while RHB forecasts 1.0% surplus
Economists are mixed on Singapore’s FY2023 Budget announcement on Feb 14, forecasting different surplus or deficit levels of gross domestic product (GDP) for Singapore’s FY2023 fiscal outlook. For ...
Analysts lift TPs on Genting Singapore following share price rally on China reopening boon
Genting Singapore is undoubtedly one of the best Chinese tourism proxies on the Singapore Exchange, says Maybank Securities.
How First Abu Dhabi Bank pursued Standard Chartered and ‘opened Pandora’s box’
In November, the world’s tallest tower, Dubai’s Burj Khalifa, was lit up with the colours and logo of Standard Chartered. As the bank’s chief executive Bill Winters and chair José Viñals looked on, ...
Backbase Engagement Banking Platform named Luminary in Celent Retail and SME Banking Awards
Backbase recognized for excellence in Celent international digital banking awards SINGAPORE - Media OutReach - 1 February 2023 - Backbase, the Engagement Banking platform leader, was recently named a ...
Hawker stall patrons to get $3 cashback on meals every Friday with DBS PayLah! app
Singaporeans will be able to enjoy cashback of up to $3 when they pay for a hawker centre meal using the DBS PayLah! app on Fridays, from Feb 10. The programme, which will end on Jan 19, 2024, applies ...