As expected, Zomato received a strong response from both global and domestic institutional investors for its anchor book. About 186 anchor investors were onboarded at Rs 76 per share, the higher end ... ( read original story ...)
Singapore property investment deals could reach $30b by end 2021: KF
Written by Staff Reporter Property investment sales surged to $5b in Q2 2021. A total of $5b of investment deals exchanged hands in the second quarter (Q2), representing an emphatic 127.3% increase ... ( read original story ...)
Shrinath Bolloju, Managing Director, CitiBank, India Joins KGiSL
Ramesh Nagesh, COO, Anglo Gulf Trade Bank, Abu Dhabi and Noor Hayati, Ex. Managing Director, Deutsche Bank, Singapore also join KGiSLIndia/Singapore, July 14, 2021: ... ( read original story ...)
Economy to have uneven recovery in 2021: Standard Chartered
Written by Staff Reporter Certain business sectors will continue to struggle amidst labour shortages and mobility restrictions. Standard Chartered Bank forecasts a 7% economic growth for Singapore for ... ( read original story ...)
DBS Bank India: Gaining muscle with LVB
Once focussed on corporate banking, DBS Bank India will now compete with larger retail-focussed banks and acquire more business by integrating with the businesses of traditional small business lender ... ( read original story ...)
DBS looks to Lakshmi Vilas Bank customers to widen deposit, lending base
CEO Surojit Shome said the bank plans to expand retail assets led by loan against gold and loans to small businesses that are currently serviced by LVB's branches. More importantly, DBS plans to ... ( read original story ...)
Singapore High Commissioner , says companies keen to invest in Telangana
Hyderabad: The Singapore High Commissioner Simon Wong met Industries Minister KT Rama Rao at Pragathi Bhavan here on Tuesday. He said there were many ..|News Track ... ( read original story ...)
Singapore GDP recovery rattled by second-quarter lockdowns
Initial estimates suggest Singapore’ recovery was affected by a recent lockdown, but it’s still on track to grow by up to 6 per cent this year. ( read original story ...)
India’s exports to Singapore jump 24 per cent in April
According to Wong, the pandemic-induced lockdowns have hit India’s exports, while the second wave forced the country to import heavily. ( read original story ...)
Singapore to Invest S$50 Million Over Next Five Years to Bolster Digital Trust Capabilities
The Infocomm Media Development Authority (IMDA) and National Research Foundation Singapore (NRF) will invest S$50 million over the next ... ( read original story ...)
Bank of Singapore’s Lee: Transient Inflation Gives Fed Room
Eli Lee, head of investment Strategy at the Bank of Singapore discusses the latest U.S. CPI data as markets await Federal Reserve Chair Jay Powell's testimony before the House Financial Services ... ( read original story ...)
5 Things You Need To Know About Singapore’s Food Delivery Robots
Singaporeans flocked to food delivery after it was announced that dining-in was prohibited during Circuit Breaker. Today, despite being allowed to dine-in at restaurants in larger groups, the habit of ... ( read original story ...)
Singapore Unveils One of the World’s Biggest Floating Solar Panel Farms
The electricity generated from the 122,000 solar panels on the 45-hectare (111.2 acres) site should make Singapore one of the few countries in the world to have a water treatment ... ( read original story ...)
SGX Nifty down 50 points; here’s what changed for market while you were sleeping
Asian markets opened lower on Wednesday, tracking fall in US markets overnight, as investors weighed how a jump in US inflation data would affect monetary policy. MSCI's broadest index of Asia-Pacific ... ( read original story ...)
Stock Market Today: SGX Nifty drops 50 points, Asian markets fall amid rise in US CPI inflation; all eyes on Zomato IPO
Zomato's much-awaited IPO will open for subscription today. The online food delivery and restaurant discovery platform raised Rs 4,197 crore from 186 anchor investors on Tuesday ahead of IPO opening. ( read original story ...)
Singapore economy to get back on track after Q2 stumble
Singapore’s economy contracted in the second quarter after battling new outbreaks of COVID-19 but economists expect it to get back on track quickly as global growth picks up and vaccination rates rise ... ( read original story ...)