Singapore's shares edged up on Wednesday ... dragged by telecom stocks such as PLDT Inc and real estate stock Ayala Land. However, the index clocked a monthly gain of 2.3%. "The market has fallen prey to profit-taking in the absence of any market-scaling ... ( read original story ...)
6 Brands In Town To Snag New Shoes At 15% Discounts With DBS/POSB Cards
In Singapore’s everlasting summer ... Just check out with your DBS/POSB card, and you’ll be eligible for the promotion. This post was brought to you by DBS. ( read original story ...)
Singapore Market May Give Up Support At 3,200 Points
(RTTNews.com) - The Singapore stock market has fallen lower in three straight trading days, slipping more than 30 points or 1 percent along the way. The Straits Times Index now rests just above the 3,205-point plateau, and it may extend its losses on ... ( read original story ...)
Singapore bourse partners with regulator to spur IPOs
SINGAPORE Singapore Exchange Ltd announced a partnership with the city-state's technology and media regulator, in a move that will facilitate accredited companies to list on the exchange and shore up the bourse's appeal as a listing destination. "Through ... ( read original story ...)
SGX partners with IMDA to spur IPOs
“Through this memorandum of intent (MOI), both parties aim to lower the access barriers for technology companies into the capital markets, catalyse more high-tech IPOs and increase Singapore’s attractiveness as a venue for capital raising,” SGX and ... ( read original story ...)
Singapore government and SGX launch their drive for more tech IPOs
The Singapore Exchange (SGX) and the Infocomm Media Development Authority (IMDA), the Singaporean government’s main ICT and media industry regulator, have today signed a memorandum of intent (MoI) aimed at easing the path to IPO for local and foreign ... ( read original story ...)
Sanli seeks to raise $9.7m through IPO
At 22.5 cents a share, and with a post-IPO share capital of 268.7 million ... Hock Heng founded the company in 2006 with his colleagues from Dayen Environmental, a Singapore-listed water and waste treatment company now known as Moya Holdings Asia. ( read original story ...)
DBS cashless payments initiative reaches out to nearly 3,000 merchants
SINGAPORE - DBS has reached out to nearly 3000 cash-based merchants in Singapore within less than a month of the launch of its cashless payments drive called Snap, the bank said in a release on Tuesday. The Smart Nation Ambassador Programme or Snap was ... ( read original story ...)
OCBC, DBS tout QR code payments in push for cashless society
SINGAPORE: OCBC Bank on Tuesday (May 30) announced it has included QR code payments as part of its OCBC Pay Anyone app, which allows consumers to use this cashless mode of payment at more than 1,000 merchants from Jun 1. The participating merchants range ... ( read original story ...)
OCBC Bank launches cashless QR code payments with mobile app
SINGAPORE - OCBC Bank has launched its first stand-alone mobile payments app which makes QR code cashless payments available at close to 2,500 Nets terminals, the company said Tuesday. The new stand-alone OCBC Pay Anyone app brings together all OCBC Pay ... ( read original story ...)
HRnetGroup readies for $175m IPO
In Singapore, the group has a market share of 20.5 per cent. Last year, HRnetGroup pulled in $365 million in revenue and achieved a net profit of $41 million. All growth has been organic and the group has turned a profit every year except in 1998. ( read original story ...)
Singapore slaps fines on Credit Suisse and UOB in money laundering probe of Malaysian development fund
Monetary Authority of Singapore said it has fined Credit Suisse and United Overseas Bank for 1MDB-related lapses. The central bank said it completed its two-year investigation into 1MDB fund flows, which saw it shut down and fined several financial ... ( read original story ...)
AlphaGo And The Future Of The Stock Market
How would a potential “god of the stock market” be used then ... only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Stanley Lim doesn’t own shares in any companies mentioned. ( read original story ...)
Recruitment firm HRnetGroup going for $175m IPO on SGX
SINGAPORE -HRnetGroup, Singapore's largest recruitment firm, has lodged a preliminary prospectus for a listing on the mainboard of the Singapore Exchange with plans to start trading on June 16. The group expects to raise up to S$175 million by issuing 194 ... ( read original story ...)
This bank is betting that boat racing will bring in the millennial customers
Singapore-based bank DBS is hoping an aquatic event can help it ride the millennial wave. The bank is marketing directly to that generation — often defined as those aged 18 to 35 — for a regatta this Thursday to Sunday in downtown Singapore. ( read original story ...)
DBS : rsquo; David Gledhill wins prestigious MIT Sloan CIO Leadership award
At DBS, he is also the Director of Singapore Clearing House, a member of an IBM Advisory Board and the National Super Computing Centre Steering Committee, and a board advisor to the Singapore Management University School of Information Systems. MIT was ... ( read original story ...)