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Category: FINANCE

Posted on 26/11/2021

DBS says banking services back to normal after two-day outage

Singapore's DBS Group said its online banking services had been fully restored after suffering disruptions for about two days in its biggest outage since 2010, prompting the central bank to consider ... ( read original story ...)

Posted on 26/11/2021

Daiwa House Logistics House IPO sees public offer 9.5 times subscribed

Daiwa House Logistics Trust (DHLT), a real estate investment trust (Reit) that will invest in logistics and industrial real estate assets across Asia, on Thursday (Nov 25) announced that the public ... ( read original story ...)

Posted on 25/11/2021

DBS says digital banking services back to normal, disruption not due to cyber attack

DBS had seen disruptions to its website and mobile app services from Tuesday morning.. Read more at straitstimes.com. ( read original story ...)

Posted on 25/11/2021

Table Tennis: Singapore to host star-studded inaugural WTT Cup Finals

SINGAPORE - Olympic champions Chen Meng and Fan Zhendong, as well as Singapore's Feng Tianwei, will exhibit their world-class table tennis skills at the OCBC Arena when Singapore hosts the first World ... ( read original story ...)

Posted on 25/11/2021

Singapore regulator warns DBS Bank over prolonged service outage

Singapore’s DBS Bank on Thursday struggled to bring a three-day service outage under control in an embarrassment for south-east Asia’s biggest lender and for the city state’s ambitions as a regional ... ( read original story ...)

Posted on 25/11/2021

UOB Kay Hian lowers SGX’s TP to $9.41 on medium- to long-term uncertainty for FTSE China A50 Index futures

UOB Kay Hian analyst Llelleythan Tan has maintained his “hold” recommendation on Singapore Exchange (SGX) as it registered softer trading velocity in the month of October. In October, SGX logged a ... ( read original story ...)

Posted on 25/11/2021

Southeast Asia’s capital markets record robust IPO activity: Deloitte

Capital markets across Southeast Asia recorded robust initial public offering IPO activity for the first 10 and a half months i ... ( read original story ...)

Posted on 25/11/2021

Spac led by Singapore-based businessman raises $118m in Nasdaq IPO

Special purpose acquisition company (spac) 8i Acquisition 2 Corp began trading on the US Nasdaq stock exchange on Nov 22 after raising US$86.3 million (S$118 million) in its initial public offering, ... ( read original story ...)

Posted on 25/11/2021

Digital Core REIT IPO – new pure play data centre in SG with 4.75% yield!?

Digital Core REIT (DC REIT) is the second pure play data centre REIT that is planning to list in Singapore. Here is a brief overview of the indicative offering details from DC REIT preliminary ... ( read original story ...)

Posted on 25/11/2021

Thailand leads IPO activity in SE Asia with companies raising $4.2b

Thailand continued to top Southeast Asia’s IPO markets in 2021, with $4.2 billion of capital raised, out of the region’s $9.8 billion total. ( read original story ...)

Posted on 25/11/2021

Singapore Central Bank Weighs Action Over DBS Service Glitch

Singapore’s central bank said it will consider supervisory actions after DBS Group Holdings Ltd. suffered one of the worst digital disruptions for Southeast Asia’s biggest lender in the past decade.Mo ... ( read original story ...)

Posted on 25/11/2021

Singaporean Digital Assets Trading Platform Sparrow to Accept PayNow Transfers

Sparrow, a Singapore-based digital assets trading platform, now accepts PayNow transfers for institutional customers, the platform announced today. The PayNow transfer service allows Singaporeans to ... ( read original story ...)

Posted on 25/11/2021

IRONMAN Asia appoints Milind Soman as ambassador for the Standard Chartered Singapore Marathon 2021

IRONMAN Asia, organiser of Southeast Asia's premier running event, the Standard Chartered Singapore Marathon (SCSM), has signed ... ( read original story ...)

Posted on 25/11/2021

Indulge in the pleasures of local delicacies with OCBC Card’s dining deals

If there’s something Singaporeans love more than food, it has to be deals on good food. But here’s the kicker; OCBC Cards has partnered with over 25 local restaurants to give you exclusive 1-for-1 and ... ( read original story ...)

Posted on 25/11/2021

POSB, DBS banks resurrect services – for some

After mass hysteria erupted over two banking systems going down over two days, the banks in question say services have been fully restored. Not so fast, say some customers. ( read original story ...)

Posted on 25/11/2021

DBS digital banking services ‘returning to normal’ after two days of disruptions

SINGAPORE: DBS and POSB digital banking services are “returning to normal” after two days of disruptions, DBS said in its most recent update on the situation. “We are monitoring ... ( read original story ...)

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