Almost half of Singapore businesses reported improved sales in September and October 2020 compared to the same period a year ago, according to research. ( read original story ...)
Singapore Fintech startup Sleek secures US $4M from Enterprise Singapore’s SEEDS Capital and business angels
Sleek, a fintech startup that is disrupting the traditional corporate services industry, has raised US $4M in a new funding round. Led by SEEDS Capital, the investment arm of Enterprise Singapore, the ... ( read original story ...)
Singapore, Saudi companies push Indian solar tariffs to record low
The Indian units of Singapore-based Sembcorp Industries Ltd and Saudi Arabia-based Aljomaih Holding Co won government auctions to sell solar power for a record low of 2 rupees ($0.0270) per kilo watt ... ( read original story ...)
Singapore to look at boosting manufacture of pharmaceutical products
Plans are afoot to expand Singapore's capacity in the manufacture of pharmaceutical products as the world gets closer to finding a vaccine for Covid-19.. Read more at straitstimes.com. ( read original story ...)
The curious case of Lakshmi Vilas Bank’s merger with DBS
The RBI has displayed hitherto never-displayed alacrity in merging Lakshmi Vilas Bank with Singapore’s DBS, sidestepping a credible deal on the table ... ( read original story ...)
Stocks in Asia-Pacific rise; airline shares in Hong Kong and Singapore decline
Shares of airlines in Hong Kong and Singapore slipped on Monday after an anticipated air travel bubble between the two cities was delayed. ( read original story ...)
What China Investment Corporation’s deal in Sydney says about Asia’s property market
China’s sovereign wealth fund’s acquisition of an additional stake in an office tower in Sydney’s central business district is symptomatic of the state of the property market in the region, which has ... ( read original story ...)
Singaporeans’ financial well-being under stress from Covid-19, OCBC survey finds
Many are now struggling to keep up with housing loan payments and maintaining their usual level of passive income.. Read more at straitstimes.com. ( read original story ...)
Singapore consumers express concern over ‘complicated’ tourist voucher redemption process
The SingapoRediscovers Vouchers can be redeemed online through five authorised booking partners.. Read more at straitstimes.com. ( read original story ...)
UOB to issue first Singapore covered bond in two years
United Overseas Bank has mandated leads for the first euro covered bond benchmark from a Singapore lender since September 2018. The deal takes advantage of the Monetary Authority of Singapore’s (MAS) ... ( read original story ...)
Hong Kong-Singapore Travel Bubble Bursts Before It Begins
Expensive mutual travel was set to start Sunday, and will be a deal watched by the travel industry worldwide if it does indeed begin. ( read original story ...)
Jail for company founder who helped clients secure nearly $1m in bank loans through forged payslips
A company founder used forged payslips to assist others in applying for bank loans.. Read more at straitstimes.com. ( read original story ...)
OCBC Securities, Lion Global Investors to launch SG’s first tech-focused ETF
It will give Singapore investors easy access to HKEX-listed tech-themed stocks. Lion Global Investors and OCBC Securities will list Singapore's first technology-focused exchange traded fund (ETF) on ... ( read original story ...)
What Singapore analysts say about DBS takeover of Lakshmi Vilas Bank
Last week news emerged that DBS Bank DBS Southeast Asia largest lender has proposed to fold Indian Bank Lakshmi Vilas Bank LVB into its Indian subsidia ... ( read original story ...)
EMERGING MARKETS-Singapore stocks hit 8-month high as economic outlook brightens
World FX rates * Singapore Q3 GDP contracts less than expected * Tourism-reliant Thailand shares gain over 2% * Japan stock markets closed for holiday By Shruti Sonal Nov 23 (Reuters) - Singapore ... ( read original story ...)
IPO market in both the U.S. and China to remain strong in the near term, VC exec says
Vertex has two companies that are planning to go public next year, one in the U.S. and the other in China, according to Chua Kee Lock. ( read original story ...)