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Category: FINANCE

Posted on 28/03/2023

Temasek’s Advanced MedTech Said to Mull US IPO After Sale Stalls

(Bloomberg) -- Singapore’s state-owned investment firm Temasek Holdings ... Considerations are at an early stage and details of the IPO could still change, the people said. Temasek may opt for a sale ...

Posted on 28/03/2023

WMI and the Private Banking Industry Join Forces to Strengthen Singapore’s Position as a Philanthropy Hub

The workgroup is now looking to foster growth in other innovative models of philanthropy, such as that of blended finance and impact investing. We look forward to play a catalytic role is transforming ...

Posted on 28/03/2023

China Conference: Hong Kong’s Paul Chan, Singapore’s Shanmugam, Malaysia’s Tengku Zafrul Aziz headline SCMP’s first overseas forum since 2019

Hong Kong's finance chief Paul Chan, Singapore's Home Affairs and Law Minister K. Shanmugam, and Malaysia's trade minister Tengku Zafrul Aziz to speak at event The regional forum of public and private ...

Posted on 28/03/2023

JG Chemicals gets Sebi’s go-ahead to float IPO

Abu Dhabi Investment Authority, Singapore's GIC and family office Premji Invest, who were among the backers for the first fund, have committed money for the second fund as well.

Posted on 28/03/2023

OCBC Disbursed Over S$3.5 Billion in Sustainable Loans Two Years Since Launch

OCBC Bank said that it has disbursed more than S$3.5 billion through the OCBC Eco-Care Loans in the two years since its launch.

Posted on 28/03/2023

UOBKH ups Raffles Medical’s TP as its transitional care facilities join Singapore’s healthcare ecosystem

Raffles Medical Group boasts “healthy margins due to its asset-light nature”, say UOB Kay Hian Research analysts.

Posted on 28/03/2023

DBS, citing how ‘tide is turning’, resumes coverage on Sembcorp Marine with ‘buy’ call and 14 cents target price

Ho's target price of 14 cents is based on 1.2x FY23 book value, which is in line with global peers' median valuation ...

Posted on 28/03/2023

7 best rewards credit cards in Singapore (2023): Citibank, OCBC, DBS and more

Citi Rewards Card Online spend, Selected retail stores 10X Points per $1 First $1,000 per month 60 months OCBC Titanium Online spend, Selected retail stores 10X Points per $1 First $12,000 per year 24 ...

Posted on 28/03/2023

Singapore bank AT1s slip on financial sector fallout but lenders not significantly impacted

Their Additional Tier-1 bonds are seeing more volatility since news of Credit Suisse’s takeover by UBS. Read more at straitstimes.com.

Posted on 27/03/2023

Saudi Aramco boosts China investment in two refinery deals

Saudi Aramco raised its multi-billion dollar investment in China by finalising and upgrading a planned joint venture in northeast China and acquiring an expanded stake in a privately controlled ...

Posted on 27/03/2023

Singapore stocks begin week on more upbeat note, STI up 0.8%

SINGAPORE - Local traders shrugged off concerns over the turmoil in the banking sector and broader inflationary pressures on Monday, focusing instead on opportunities in the market ... Across the ...

Posted on 27/03/2023

Dollar steady, yen falls as banking fears ease

The dollar was steady on Monday, while the yen slipped from its seven-week peak, as investors assessed moves made by authorities and regulators to rein in worries over the global banking system. The ...

Posted on 27/03/2023

Dollar steady as banking worries keep investors on edge

The dollar was steady on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system.

Posted on 27/03/2023

OCBC’s sustainable home, renovation and car loans total $3.5 bil two years from launch

OCBC Eco-Care Loans account for one in five home, renovation and car loans by the bank since the scheme’s launch in March 2021.

Posted on 27/03/2023

7 Best Rewards Credit Cards in Singapore (2023): Citibank, OCBC, DBS & More

If you love collecting points and redeeming them, a rewards credit card will give you some added life satisfaction. These days, there’s a lot more in banks’ rewards catalogues than boring old NTUC ...

Posted on 27/03/2023

TPG weighs sale of Singapore healthcare firm at US$1 billion valuation

SINGAPORE – Private equity firm TPG is exploring selling ... asking not to be identified as the process is private. Investment funds and other hospital operators have shown preliminary interest in the ...

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