Star Health and Allied Insurance Co Ltd, the health insurer backed by billionaire Rakesh Jhunjhunwala and Westbridge Capital, raised around ₹1,200 crore in a pre-IPO funding round led by Singapore’s ... ( read original story ...)
UOB improves forex experience for its customers through Chronicle Software’s tech solution
UOB has deployed Chronicle Software’s electronic foreign exchange (forex) solution for its e-forex pricing and trade engine on Wednesday.This comes as the bank announced its plans to set up an e-forex ... ( read original story ...)
UOB taps Chronicle Software solution for its electronic FX pricing and trade engine to help customers access more competitive FX pricing
Engine enables UOB to support its customers’ cross-border needs more quickly and efficiently. UOB has announced that it has deployed Chronicle Software’s (Chronicle) EFX solution for its electronic ... ( read original story ...)
Building green finance in Asia
The Singapore Green Finance Centre aims to bridge the gap between research and business, says SMU Professor Dave Fernandez. ( read original story ...)
Standard Chartered to Launch Institutional Crypto Exchange
Standard Chartered’s innovation arm has formed a joint venture with BC Technology Group to offer digital asset brokerage and exchange services. ( read original story ...)
Crossing Continents — a sparkling history of Standard Chartered Bank
Smith’s authorised account is excellent, but focuses more on a colourful history than recent corporate failings ... ( read original story ...)
Singapore stocks reverse gains, STI down 0.82%
Singapore shares extended their losses on Wednesday after opening in negative territory. The benchmark Straits Times Index (STI) This comes as Wall Street finished little changed on Tuesday. IG market ... ( read original story ...)
U.S. Dollar Will Moderately Weaken Over 2021: Bank of Singapore
Eli Lee, head of investment strategy at Bank of Singapore, discusses Asian equities, the U.S. dollar and his outlook for markets. He speaks on “Bloomberg Daybreak: Asia.” (Source: Bloomberg) ... ( read original story ...)
Will traditional banking be obsolete in Southeast Asia by 2030?
Around 18% of traditional bank branches in Southeast Asia are projected to close by 2030 – how will digital banking impact the industry and how can ... ( read original story ...)
Singapura Finance selects Tagit to Drive Digital Transformation
Tagit, a leading digital banking solutions provider, announced that it has partnered with Singapura Finance Ltd (SFL) to implement Mobeix ™ Retail Banking and Mobeix ™ Corporate Banking products using ... ( read original story ...)
Raising the Bar on Green Finance in Singapore: The Latest Framework and Guidelines
On 19 May 2021, the financial industry taskforce of Singapore (known as the Green Finance Industry Taskforce (GFIT)) released guidelines on climate-related disclosures and a white paper on green finan ... ( read original story ...)
Singapore provides up to $700 one-off payout for employees on no-pay leave
The support package is part of the new COVID-19 Recovery Grant (Temporary). Singapore has launched a new COVID-19 Recovery Grant (Temporary) (CRG-T) support package for lower to middle income earners ... ( read original story ...)
Standard Chartered’s Eugenia Koh on the Global Drive to Sustainable Investing
Eugenia Koh is Global Head of Sustainable Investing at Standard Chartered Bank. For her, this is more than a job, as she is genuinely passionate about the development and implementation of the bank’s ... ( read original story ...)
Deloitte sees positive outlook for Southeast Asia’s IPO market this year
Tay Hwee Ling of Deloitte Southeast Asia and Singapore explains how Thailand has been a standout in the Southeast Asian IPO market. ( read original story ...)
Monde Nissin bets on meat alternatives after record $1 billion Philippine IPO
"at-above-post addthis_tool" data-url=" (Reuters) -Philippine food maker Monde Nissin Corp is pinning its future on the fast-growing alternative meats business on the back of a 48.6 billion pesos ($1 ... ( read original story ...)
Singapore’s DBS Bank launches digital bond security token
Singapore-based multinational banking corporation, DBS Bank, has launched its first-ever security token offering, or STO, by issuing a digital bond. The DBS digital bond has been priced at $11.35 ... ( read original story ...)