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Posted on 21/11/2024

Deglobalisation set to continue regardless of US presidential transition: OCBC

The bank is on track to securing 500 new regional mandates for cash management ahead of its 2027 timeline. Read more at straitstimes.com.

Posted on 21/11/2024

Maybank eyes Johor-Singapore SEZ for growth; targets 25% profit contribution from Singapore by 2027

THE upcoming Johor-Singapore Special Economic Zone (SEZ) could drive a 10 to 20 per cent growth in Maybank Singapore’s loan book within the first year of operation, country chief executive Alvin Lee ...

Posted on 21/11/2024

SBC: Agreement to Acquire Singapore’s AHH Furthers Emerging International Expansion

SBC READ THE FULL SBC RESEARCH REPORT Agreement to Acquire Singapore’s AHH Furthers Emerging International Expansion Strategy SBC Medical Group Holdings (NASDAQ:SBC), which provides end-to-end ...

Posted on 21/11/2024

Las Vegas Sands: Strategic Focus on Singapore and Premium Offerings Drive Buy Rating

Daniel Politzer, an analyst from Wells Fargo, maintained the Buy rating on Las Vegas Sands (LVS – Research Report). The associated price target ...

Posted on 21/11/2024

Funds raised by South-east Asian IPOs at 9-year low but outlook positive: Deloitte

SINGAPORE - Funds raised through initial public offerings (IPO) in South-east Asia have fallen to a nine-year low, but the outlook for the region’s capital markets is nevertheless optimistic.

Posted on 21/11/2024

Singapore proposes unprecedented anti-scam powers for police amid support, privacy concerns

Singapore could be the first country to implement legislation allowing authorities to control individual bank accounts to protect people from scams. ( read original story ...)

Posted on 21/11/2024

DBS’ chief data and transformation officer on ‘human’ AI in banking

Nimish Panchmatia says that AI is transforming banking, shifting the focus from transactional efficiency to a more human-centred approach that considers the long-term impacts on people and society.

Posted on 21/11/2024

Labubu fever: Woman fined for bringing dolls into Singapore without declaring value, 3 boys investigated after 5 dolls go missing in Yishun

One of the latest stories attesting to “Labubu fever” in Singapore involves a woman who returned from a business trip from London and whose suitcase contained a number of pricey items, including ...

Posted on 20/11/2024

Asia’s jet fuel imports from India to hit multi-year highs in November

Asia's imports of jet fuel from India are set to hit multi-year highs in November ahead of peak winter demand after refinery outages and lower exports from China crimped supplies, according to ...

Posted on 20/11/2024

Singapore stocks slip as investors keep to sidelines on overseas concerns; STI drops 0.4%

It was much the same mixed outcome in the region. Japan’s Nikkei 225, the Kospi in Seoul and the Hang Seng in Hong Kong added modest amounts but Malaysian shares lost 0.3 per cent while Australia’s ...

Posted on 20/11/2024

Trading platform lets Singapore users invest in fractions of a stock listed on Bursa Malaysia

The platform fee is RM0.50 on the UP app, while the commission is RM2.50 for trades below 100 shares. Read more at straitstimes.com.

Posted on 20/11/2024

Capitaland Investment to acquire 40% stake in SC Capital Partners Group for $209.31 million

CapitaLand's 40% stake acquisition in SCCP, a Singapore-based real estate investment manager, will increase its funds under management (FUM) by S$11 billion.

Posted on 20/11/2024

Funds raised by South-east Asian IPOs now at a 9-year low, but outlook positive: Deloitte

SINGAPORE - Funds raised through initial public offerings (IPO) in South-east Asia have fallen to a nine-year low, but the outlook for the region’s capital markets is nevertheless optimistic. There ...

Posted on 20/11/2024

RHB raises its call for UOB from “neutral” to “buy” and increases price target to S$40.20

SINGAPORE: RHB raised its call for United Overseas Bank (UOB) from “neutral” to “buy” and increased its price target for the bank to S$40.20, up from S$35.60. The new target price is 10.3 per cent ...

Posted on 20/11/2024

Singapore Medical Group completes S$90m bond issuance as it positions for a new phase of growth

Singapore Medical Group ("SMG" or "the Group"), a multidisciplinary specialist healthcare services provider, has completed a S$90 million, 5-year senior unsecured bond issuance at a 3.54% fixed rate ...

Posted on 20/11/2024

Asia crypto hot spots reap gains from record Trump trade rally

SINGAPORE - A record-breaking crypto rally born in the United States is leaving its mark on Asia, including a jump in the value of Bitcoin held by Bhutan to more than US$1 billion (S$1.3 billion) and ...

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