Fertiglobe Holdings, the fertiliser maker backed by US hedge fund investor Jeff Ubben and a Singapore wealth fund, jumped 20 percent on its trading debut following a $795 million initial public ... ( read original story ...)
Paytm to hike IPO size to Rs 18,300 crore as Alibaba’s Ant, other investors dilute more stake
The company had plans to raise a total of Rs 16,600 crore by issuing fresh equity worth Rs 8,300 crore and another Rs 8,300 crore through an offer-for-sale. ( read original story ...)
DBS Becomes First Southeast Asian Bank to Join Hedera Governing Council
Singapore’s DBS Bank has joined The Hedera Governing Council, the first Southeast Asian Lender to join the global grouping. The bank joins a council comprising 39 other technology, corporate and ... ( read original story ...)
DBS is First Bank in Southeast Asia to Join Hedera Governing Council and Run Network Node
DBS Bank, a leading financial services group headquartered and listed in Singapore with a presence in 18 markets, has joined the Hedera Governing Council, the group of diverse organizations ... ( read original story ...)
DBS Bank India completes maiden active loan switch ahead of LIBOR transition
In a bid to proactively adapt the new risk-free benchmarks on existing loans and derivatives, DBS Bank India has announced the first active transitioning of an existing loan and derivative ... ( read original story ...)
Banco OCBC Weng Hang, S.A. – Update
Fitch Ratings considers Macao-based Banco OCBC Weng Hang, S.A. (BWH) a key and integral subsidiary of Hong Kong-based OCBC Wing H ... ( read original story ...)
UOB joins forces with Fave to upend the traditional rewards and loyalty programme status quo
UOB have taken aim at disrupting the traditional banking rewards experience with the launch of UOB Rewards+, an initiative which also sees the Bank joining forces with Fave. This strategic alliance ... ( read original story ...)
Open banking startup Finverse wants to build the Asia-Pacific region’s Plaid
Based in Hong Kong, Finverse’s ambitious goal is to enable open banking throughout the Asia-Pacific region. The startup recently came out of stealth mode with $1.8 million in seed funding, and is now ... ( read original story ...)
Swiss Fintech Companies Show Increased Presence in Singapore
Swiss fintech startups continued pursuing their international ambitions with many choosing Singapore to enter the dynamic Southeast Asian market. These are building on Switzerland and Singapore’s long ... ( read original story ...)
Standard Chartered Partners with Kredivo to Offer Loans to the Mass Market Segment via Digital Channels
Standard Chartered Bank Indonesia (Bank) and Kredivo , one of Indonesia's largest and fastest growing digital credit platforms, today announced a partnership to offer Buy Now, Pay Later (BNPL) loans ... ( read original story ...)
UOB, Fave launch rewards program on digibank TMRW
Singapore-based United Overseas Bank (UOB) has joined hands with Southeast Asian fintech platform Fave to launch a new rewards program for the bank’s customers. The program, called UOB Rewards+, will ... ( read original story ...)
Why GlobalFoundries Stock Is Not a Buy After Its IPO
GlobalFoundries is a chip fabricator going public during one of the worst semiconductor shortage to date. But will this squeeze help them or harm them? ( read original story ...)
Singapore Cryptocurrency License: A Major framework for Major players
Singapore is a city-state located at the tip of the Malay Peninsula. Formerly a poor, rustic fishermen’s village, Singapore became one of the world’s main economic and technological powerhouses in ... ( read original story ...)
Partior brings a tangible outcome to Singapore’s Project Ubin
A new blockchain-based payments platform is backed by JPMorgan, DBS and Temasek. It is the source of some pride to the Monetary Authority of Singapore, as the new business is the result of a long-term ... ( read original story ...)
DBS Says Property Isn’t Enough for Retirement: Here’s What You Can Do Instead
Property may be a favourite asset class for Singaporeans, but we don't believe it's sufficient to get you through retirement. The post DBS Says Property Isn’t Enough for Retirement: Here’s What You ... ( read original story ...)
Luno Now First Crypto Firm in Singapore to Offer Direct SGD Bank Deposit
Global cryptocurrency company Luno announced that it is the first in Singapore to launch an official direct SGD bank transfer feature. ( read original story ...)