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Tag: banking

Posted on 09/11/2021

Singapore’s Monetary Authority official slams cryptocurrencies as poor store of value

At the Singapore FinTech Festival, Ravi Menon, Managing Director at MAS shared his thoughts on the future of money, finance, and the internet. ( read original story ...)

Posted on 09/11/2021

How BNPL firm Atome plans to use its $500 million investment from Standard Chartered

Lei Chen of Advance Intelligence Group, the parent company of Atome Financial, says that in addition to scaling and giving a pricing advantage, the investment and strategic partnership will allow them ... ( read original story ...)

Posted on 09/11/2021

Fully founder-owned and now worth $4b: How Singapore’s TDCX did it

The Singapore-headquartered BPO firm shrugged off VC firms in its 21 years of operation. It’s now a public company listed on the New York Stock Exchange. ( read original story ...)

Posted on 09/11/2021

Solar Panels in Singapore: Expert Answers 6 Questions on How to Install Them in Your Home

Installing solar panels to generate green electricity for your home in Singapore is one way you can cut down your carbon footprint and save money. We asked Solar AI 6 questions and got their expert ... ( read original story ...)

Posted on 09/11/2021

Singapore prepares to rock softly as Covid music ban partially relaxed

Singapore is lifting its controversial ban on music in restaurants and bars as part of an easing of coronavirus restrictions -- but authorities have warned business owners they must still keep the ... ( read original story ...)

Posted on 09/11/2021

Singapore examines central bank digital dollar for retail

Code-named “Project Orchid,” the project will focus on the technology infrastructure and technical competencies needed to issue a digital Singapore dollar. ( read original story ...)

Posted on 09/11/2021

Singapore banks, SGTraDex to develop standards for green trade finance digitalisation

UOB, DBS, OCBC, and Standard Chartered are participating in the initiative. A consortium of four major commercial banks in Singapore and the Singapore Trade Data Exchange (SGTraDex) have collaborated ... ( read original story ...)

Posted on 09/11/2021

After Tepid First Day, Bidding For Paytm IPO Opens On Day 2

Paytm's IPO consists of a fresh issue of Rs 8,300 crore and an offer for sale (OFS) by existing shareholders worth Rs 10,000 crore. ( read original story ...)

Posted on 09/11/2021

Sapphire Foods IPO opens today: Here’s everything you need to know

Sapphire Foods, an omnichannel restaurant operator and the largest franchisee of Yum Brands in the Indian sub-continent is backed by marquee investors such as Samara Capital, Goldman Sachs, CX ... ( read original story ...)

Posted on 09/11/2021

Paytm IPO subscribed 18% on Day 1; Sapphire Foods IPO opens today

The Rs 2,073-crore IPO of Sapphire Foods India Ltd, which operates KFC and Pizza Hut outlets, opens to public on Tuesday. For Paytm IPO, it will be second day. The Sapphire issue, with a price band of ... ( read original story ...)

Posted on 09/11/2021

MAS’ Ravi Menon on crypto, stable coins and CBDCs: is a “digital Singapore dollar” feasible?

As part of, Ravi Menon, Managing Director of Monetary Authority of Singapore (MAS), talked today (November 9) about the future of money, finance and the Internet, likening these three pillars to Roman ... ( read original story ...)

Posted on 09/11/2021

Singapore Stock Market Tipped To Add To Its Winnings

The Singapore stock market has tracked higher in back-to-back trading days, gathering almost 45 points or 1.4 percent along the way. The Straits Times Index now sits just above the 3,260-point plateau ... ( read original story ...)

Posted on 09/11/2021

Stock Market LIVE Updates: Sensex, Nifty50 likely to make a flat start today; SGX Nifty futures barely up

Indian equity benchmarks Sensex and Nifty50 are likely to start Tuesday's session on a flat note despite gains in global markets. At 7:37 am, Nifty futures trading on Singapore Exchange -- an early ... ( read original story ...)

Posted on 09/11/2021

Sapphire Foods IPO to open for subscription today: All you need to know

Ahead of the rollout of the 3-day IPO, which will close on Thursday, Sapphire Foods said on Monday it had raised ₹933 crore from anchor investors. ( read original story ...)

Posted on 09/11/2021

Stocks in Focus on November 9: Paytm IPO, Sapphire Foods IPO, Britannia, Route Mobile to Cadila and many more

At the stock markets, the S&P BSE Sensex climbed 478 points, or 0.80%, to end at 60,546, on Monday, November 8, 2021. The Nifty 50 index advanced 152 points, or 0.85%, to 18,069. ( read original story ...)

Posted on 09/11/2021

All 3 Singapore Banks Have Reported Stellar Results: Which Should You Pick Now?

The three Singapore banks presented their latest quarterly earnings report card last week. Suffice to say that all three handily beat expectations, posting earnings that were better than what analysts ... ( read original story ...)

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