SINGAPORE (THE BUSINESS TIMES) - Credit Bureau Asia (CBA), a credit and risk information solutions provider, has lodged a preliminary prospectus for a mainboard listing on the Singapore Exchange (SGX) ... ( read original story ...)
Lakshmi Vilas Bank: India is getting a bank rescue right this time
The moth-eaten LVB will cease to exist, its equity completely wiped out.Only its deposits will appear on the books of the India unit of DBS Group Holdings Ltd, Singapore’s biggest bank ... ( read original story ...)
‘All Eyes’ on the Hong Kong-Singapore Travel Bubble as Other Asian Countries Prepare for More, Bookings Firm Says
All eyes will be on Singapore and Hong Kong’s forthcoming quarantine-free travel bubble, as Asia’s tourism boards prepare for similar arrangements, said Klook. ( read original story ...)
Challenges before DBS in Lakshmi Vilas Bank merger
The merger of Lakshmi Vilas Bank, an old private sector bank from India, with a foreign bank like Singapore-based DBS Bank is expected to bring its own set of challenges Bank mergers in India have got ... ( read original story ...)
Singapore’s Sea Tumbles as E-Commerce Shows Signs of Slowdown
The Singapore-based company’s revenue doubled to $1.2 billion for the quarter and it boosted annual forecasts for two key businesses. But net losses also doubled to $419.9 million and ... ( read original story ...)
Buying or renting your own place in Singapore? Here’s a guide to help you
So, you want to get a “bachelor pad”, which essentially, is a home for a single man to call his own. (For women, it’s usually referred to as a “bachelorette pad”, but in this article, we’ll use the ... ( read original story ...)
Singapore Biotech Firm Hopes for ‘Widespread’ Release of New Covid-19 Treatment by Early 2021
A new Covid-19 treatment could become available in Singapore and beyond by early-2021 as biotech company Hummingbird Bioscience trials its experimental therapy. ( read original story ...)
Singapore Stock Market May Run Out Of Steam On Wednesday
The Singapore stock market has climbed higher in two straight sessions, advancing more than 65 points or 2.4 percent along the way. The Straits Times Index now rests just beneath the 2,780-point ... ( read original story ...)
ST Engineering to reorganise into commercial and defence & public security clusters
SINGAPORE (THE BUSINESS TIMES) - Mainboard-listed ST Engineering will be reorganised into two main clusters from the new year - commercial, and defence & public security, which replace the ... ( read original story ...)
Savvy Investors Snap Up Centuries-Old Shophouses in Singapore
With their terracotta roof tiles, French-style timber windows and brightly-colored facades, Singapore’s distinctive shophouses are becoming the latest sought-after property asset for family offices, ... ( read original story ...)
Lakshmi Vilas Bank to merge with DBS
DBS Bank India (DBIL) is a subsidiary of the Singapore-based DBS Bank Ltd (DBS). This is the first instance in recent times where the RBI is merging a private sector lender with a foreign bank. It ... ( read original story ...)
UPDATE 2-India set to hand troubled Lakshmi Vilas Bank to Singapore’s DBS
Lakshmi Vilas Bank is set to be folded into the Indian unit of Singapore's DBS under a plan proposed by the Reserve Bank of India (RBI), which took over LVB on Tuesday due to a "serious deterioration" ... ( read original story ...)
Goldman expects an 18% return for Asia-Pacific stocks in 2021 — here are the bank’s investment ideas
Pacific will likely be in "a sweet spot" in 2021 as economies grow and interest rates fall — and that will benefit stocks, said Goldman Sachs. ( read original story ...)
UOB Optimism Index: Singapore’s Millennials the most optimistic on Covid-19 Recovery
As people manage with the financial, social and health implications of Covid-19, Millennials have emerged as the most optimistic age group in Singapore when it comes to overcoming current challenges, ... ( read original story ...)
Singapore Makes Plea for Top Talent to Drive Tech Goals
Singapore Prime Minister Lee Hsien Loong argued the island nation must welcome foreign talent to realize its goal of becoming a technology center, while acknowledging the tensions this could foster ... ( read original story ...)
Roundup: Singapore government, business organizations applaud RCEP
(Xinhua) -- Singapore's Ministry of Trade and Industry (MTI) and local business organizations applauded here recently the signing of the Regional Comprehensive Economic Partnership (RCEP), saying the ... ( read original story ...)