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Category: FINANCE

Posted on 22/12/2021

Singapore Savings Bonds SSB January 2022 – Long Yield Steepens to 1.78%

Here is a safe way to save your money that you have no idea when you will need to use it, or your emergency fund. The 10-yr and 1-yr Singapore Savings Bonds Rate since the first ... ( read original story ...)

Posted on 22/12/2021

Property Logistics Specialist GLP Plans IPO for Investment Arm

The global specialist in logistics real estate, is gearing up for a U.S. initial public offering of its investment arm next year, a person familiar with the matter said. ( read original story ...)

Posted on 22/12/2021

Singapore’s Qian Hu provides loan to Bosch aquaculture subsidiary

Singapore-based aquaculture-service provider Qian Hu Corporation has signed an agreement to provide an unsecure convertible loan worth SGD 1 million (USD 733,000, EUR 650,000) to AquaEasy, a ... ( read original story ...)

Posted on 21/12/2021

Singapore Retail Banking Market Report- by Technology, Opportunity Analysis and Industry Growth Forecast 2026

Singapore Retail Banking Market report offers tailored content to be easily understood by the stakeholders, new entrants, existing players, and individuals operating in the market. Singapore Retail ... ( read original story ...)

Posted on 21/12/2021

Data Vantage: Nansen, Carro, InterviewBit raise funding and other updates

Accel invested $37.5 million in Nansen's latest round, while Singapore sovereign wealth fund GIC Pte contributed $19.9 million. ( read original story ...)

Posted on 21/12/2021

OCBC launches industry program preparing S’porean students for fintech jobs

As Singapore’s tech talent shortage amid growth in fintech jobs grows, banks and IHEs are working to address the imbalance. ( read original story ...)

Posted on 21/12/2021

UOB Kay Hian expressed surprise at extent of property cooling measures in Singapore property sector report

Analyst Adrian Loh said the measures were ‘not the Christmas present the property market expected’. UOB Kay Hian analyst Adrian Loh has maintained “overweight” on the Singapore property sector even as ... ( read original story ...)

Posted on 21/12/2021

Continued Consolidation Anticipated For Singapore Stock Market

The Singapore stock market has finished lower in back-to-back trading days, slumping more than 40 points or 1.3 percent along the way. The Straits Times Index now sits just above the 3,070-point ... ( read original story ...)

Posted on 21/12/2021

Accused in $1.5b trading scam faces 6 more charges

Singaporean businessman Ng Yu Zhi, who is at the centre of an alleged US$1.1 billion (S$1.5 billion) nickel trading scam, was slapped with six more charges yesterday. . Read more at straitstimes.com. ( read original story ...)

Posted on 21/12/2021

Singapore’s GIC sees opportunities in China real estate sector, report says

Singapore’s GIC Pte Ltd sees potential opportunities to do deals and buy debt in China’s real estate sector, according to Bloomberg, quoting Lim Chow Kiat, chief executive officer of the sovereign ... ( read original story ...)

Posted on 20/12/2021

Travel Platform ixigo’s INR 1,600 Cr IPO Set To Take Off With SEBI Approval

The Securities and Exchange Board of India (SEBI) has approved the INR 1,600 Cr initial public offering (IPO) of Le Travenues Technology, which operates travel platform ixigo. ( read original story ...)

Posted on 20/12/2021

Singapore Bunker Fuels Market Is Expected to Reach $24.5 Billion by 2030: Says AMR

IMO regulations on sulfur content in marine fuel and increase in oil & gas exploration activities drive the growth of the Singapore bunker fuels market. Based on commercial distributor, the oil majors ... ( read original story ...)

Posted on 20/12/2021

End of term funding schemes to drive Apac issuance in 2022

Aussie banks are predicted to lead Asia Pacific covered bond issuance in 2022 as the country's banks look to replace lost central bank funding, with similar dynamics expected in New Zealand and ... ( read original story ...)

Posted on 20/12/2021

More charges for Singapore businessman accused of $1bn nickel trading scam

A Singapore businessman accused of masterminding a massive nickel trading scam was handed additional criminal charges tied to about $124m million in cash and assets ... ( read original story ...)

Posted on 20/12/2021

Bank employee who embezzled $1.13m jailed for seven years and five months

He replaced genuine notes with counterfeit ones or blank sheets of paper, and withdrew more cash than what customers sought. . Read more at straitstimes.com. ( read original story ...)

Posted on 20/12/2021

Ng Yu Zhi charged with spending over $100 million of alleged ill-gotten gains

Among his purchases was a multimillion-dollar Pagani Huayra hypercar previously owned by Ossia International chief executive Steven Goh. . Read more at straitstimes.com. ( read original story ...)

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