The country’s first real estate trust (REIT), Ayala Land-backed AREIT Inc., has completed its P12.33 billion initial public offering (IPO), ushering in a dividend-yielding new asset class which ... ( read original story ...)
DBS is ‘best positioned’ among Singapore’s banks amid headwinds: CreditSights
DBS has "far more diversified" revenue streams compared to its competitors in Singapore, says Pramod Shenoi of CreditSights. He also discusses the Monetary Authority of Singapore's latest dividend ... ( read original story ...)
Singapore Attractions To Visit in 2020 — Promotions At Sentosa, USS, Cable Car, the Zoo and More
Those with PAssion POSB debit cards, you’re in luck as you can try to be ... Operating hours have also changed and the Singapore Cable Car is open from 8.45am to 8.30pm. So far, the Flower Dome and ... ( read original story ...)
Singapore: PMI returns to the expansion territory – UOB
Economist at UOB Group Barnabas Gan assessed the latest PMI print in Singapore, which came back to levels above the key 50.0 threshold for the first time since the beginning of the year. “Singapore’s ... ( read original story ...)
Citibank names Singapore retail banking head, carves new role for retail high-net worth clients
Citi has made two internal senior retail banking appointments in Asia Pacific that are based in Singapore, including a newly created role with oversight of the bank's retail high-net worth clients as ... ( read original story ...)
Singapore’s top banks are reporting earnings this week. Here’s what to expect
The three largest Singapore-listed banks are expected to report another quarter of lackluster financial results due to the coronavirus pandemic and ultra-low interest rates globally. ( read original story ...)
PREVIEW-Singapore banks’ results to reflect double whammy of low rates, weak growth
Singapore banks are likely to report their average net interest margins fell the most quarter-on-quarter in 18 years as interest rates weakened, while profits on the year are seen taking a hit from ... ( read original story ...)
DBS supports IRAS in digital payment implementation
As part of the nation’s drive to adopt digital contact-free payments, DBS Bank has been collaborating with government agencies such as the Inland Revenue Authority of Singapore (IRAS) to integrate ... ( read original story ...)
GIC bets more on Bandhan Bank as Temasek joins in
Singapore sovereign wealth fund GIC Pte Ltd has increased its stake in Bandhan Bank while its sister concern Temasek Holdings has also picked up a stake in the private-sector lender. Chandrashekhar ... ( read original story ...)
Singapore to set up Asian digital finance research institute by end-2020
SINGAPORE - A new research institute will be set up by the end of the year to drive education, research and entrepreneurship in digital finance in the region. The institute, called the Asian Institute ... ( read original story ...)
Singapore sets up research institute to boost fintech capabilities
The new Asian Institute of Digital Finance (AIDF) will be jointly established by industry regulator Monetary Authority of Singapore (MAS), National Research Foundation (NRF), and National University ... ( read original story ...)
Iras offers PayNow QR as payment option on myTax portal
SINGAPORE (THE BUSINESS TIMES ... mobile apps from participating PayNow banks and complete the payment in real time. These banks are DBS, POSB, Bank of China, HSBC, Maybank, Citi, ICBC, OCBC Bank, ... ( read original story ...)
Singapore startup seeks to give solar power a competitive edge
A Singapore startup is seeking to connect potential buyers and sellers of solar power directly. Electrify Pte Ltd’s platform lets owners of homes and businesses bid and offer rates for specific ... ( read original story ...)
Singapore banks’ results to reflect double whammy of low rates, weak growth
Singapore banks are likely to report their average net interest margins fell the most quarter-on-quarter in 18 years as interest rates weakened, while profits on the year are seen taking a hit from ... ( read original story ...)
MAS to boost scheme for foreign banks with deep roots here
The Monetary Authority of Singapore (MAS) will enhance a scheme such that foreign banks with a deep presence in Singapore could one day be allowed to open digital-only banks as a separate unit with ... ( read original story ...)
Singapore FinTech Festival x SWITCH 2020 to feature week long event
Singapore FinTech Festival x SWITCH 2020 to Feature Digital and Physical Experiences Over Week-Long Event The Monetary Authority of Singapore (MAS) and Enterprise Singapore announced that the Singapor ... ( read original story ...)