nuTonomy is currently testing six vehicles and is aiming for the commercial launch of its on-demand robo-taxi service in Singapore next year. Kyodo News reporters recently took a ride in an autonomous car that is being tested by Smart (Singapore-MIT ... ( read original story ...)
I’m a banking recruiter in Asia. Here’s how to keep me happy
You really need to be on my good side. http://news.efinancialcareers.com/sg-en/235989/ideal-employer-asia-top-10/ It’s the busy(ish) season for hiring in the Singapore banking sector. Finance professionals have their bonuses and some are sending resumes ... ( read original story ...)
Singapore banks to remain under pressure despite recent loan recovery
Woes concerning oil and gas are also not over. Whilst there is general optimism seen in the ASEAN banking sector, Singapore banks will continue to face challenges and remain under pressure. According to BMI Research, Singapore banks will continue to face a ... ( read original story ...)
HDB loan vs bank loan
However, CPF rates do not change often. For bank loans, things get a bit more complicated. Bank loans can be based on the Singapore Interbank Offered Rate (SIBOR), Swap Offer Rate (SOR), or a bank’s Internal Board Rate (IBR), of which Fixed Deposit Home ... ( read original story ...)
Singapore, Malaysia stocks rise after Wall Street gains on Trump tax reform bets
SINGAPORE: Singapore shares edged higher and Malaysia stocks climbed to almost two-year highs on Friday, following an overnight rally on Wall Street amid renewed optimism over U.S. tax reforms. U.S. stocks rallied overnight after Treasury Secretary Steven ... ( read original story ...)
China Mobile, others approached for buying into Singapore telco M1: sources
SINGAPORE Top shareholders in Singapore telecoms company M1 Ltd (MONE.SI) have approached potential buyers China Mobile (0941.HK) and global private equity firms, among others, to sell their combined majority stake in the firm, sources familiar with the ... ( read original story ...)
China Mobile, others approached for buying into Singapore telco M1
SINGAPORE: Top shareholders in Singapore telecoms company M1 Ltd have approached potential buyers China Mobile and global private equity firms, among others, to sell their combined majority stake in the firm, sources familiar with the matter said. ( read original story ...)
UnUsUaL IPO
UnUsUalL IPO will be the next Singapore IPO for retail and institutional investors. MM2 Asia announced on 4 April 2017 that it would launch the IPO shares of its unit UnUsUaL. Some 97 million shares at $0.20 per share would be placed. I believe UnUsUaL IPO ... ( read original story ...)
Aoxin Q&M Dental offers 57 million shares at 20 cents apiece in IPO
SINGAPORE - Aoxin Q&M Dental Group is offering 57 million placement shares at 20 Singapore cents apiece in its initial public offering (IPO), as it seeks to raise net proceeds of about S$9.1 million on the Singapore Exchange's Catalist board. Aoxin ... ( read original story ...)
Strong global IPO activity in Q1: EY
Max Loh, EY ASEAN and Singapore managing partner, Ernst & Young LLP, said that IPO activity in Asia-Pacific has been powering ahead due to the region's relative insulation from political uncertainty elsewhere in the world, ample liquidity in emerging ... ( read original story ...)
IPO Capital Launches IPO Wealth Sister Company and Wholesale Investment Fund
The IPO Wealth Fund is targeting a pool of up to $500m of investable capital and is currently accepting investment from Australia and Singapore. IPO Capital's Managing Director, James Mawhinney, stated "The launch of the IPO Wealth Fund is a major win for ... ( read original story ...)
Unusual Limited are now the first Singaporean concert organizers to be publicly listed
Arguably one of the biggest concert organizers in Singapore, Unusual Limited has taken another big leap in its 20-year history. mm2 Asia, which owns Unusual Limited — stylized as UnUsUaL Limited — launched the company's initial public option (IPO ... ( read original story ...)
Singapore Morning News For April 19
This is part of an initial public offering (IPO) to raise S$11.4 million ($8.17 million ... ANYONE visiting the National University of Singapore (NUS) early next year might be treated to the sight of drones flying across the campus, delivering small ... ( read original story ...)
Exclusive: China gathers state-led consortium for Aramco IPO – sources
"The IPO will help decide whom, or which country ... Other mooted Asian options include Tokyo and Singapore. "The Saudis are serious about Asia. They can maintain market share there. At the end of the day, Aramco needs to sell its oil. ( read original story ...)
Taiwan draws foreign biotech IPOs
Aslan had weighed a US IPO, among various options ... The company will continue to be headquartered in Singapore but has invested in expanding in Taiwan. Aslan’s experimental drug Varlitinib, a potential treatment for bile duct cancer, is in late ... ( read original story ...)
GRG Banking Equipment : VTMs Successfully Entered Singapore Market
On 16 August 2016, Singapore's first Video Teller Machine (VTM) pilot tested at a branch of POSB. It provides convenient and easy self-service financial user-experience for functions, such as Card Issuance, e-Banking Secure Token Device, Update Particulars ... ( read original story ...)