He says W Capital already has more than 10 IPOs in the pipeline from countries such as Singapore, Australia, Indonesia, South Korea, and even Sri Lanka. They span sectors such as education, consumer, ... ( read original story ...)
Citibank Singapore giving instant in-principle nod for debt consolidation plan
Customers applying online for Citibank Singapore's debt consolidation plan can now get instant in-principle approval if they are eligible, instead of waiting up to three days for a decision after ... ( read original story ...)
Singapore’s DBS Plans to Stop Financing Coal Power After 2021
Singapore’s largest bank plans to stop financing coal-fired power plants once its existing commitments are complete in 2021. DBS Group Holdings Ltd. will stop financing new projects in any market ... ( read original story ...)
B737 Max grounding uncertainty is SIA’s biggest worry: UOB KayHian
SINGAPORE (Apr 18): UOB KayHian now believes Singapore Airline’s B737 Max aircraft is likely to remain grounded beyond the research house’s initial July estimate. Six of SilkAir’s B737 Max aircraft -- ... ( read original story ...)
DBS keeps Suntec REIT at ‘buy’ on securing UBS as sole tenant for 9 Penang Road
SINGAPORE (Apr 18): DBS Group Research continues to rate Suntec REIT a “buy” with a target price of $2.12. This came on the back of the REIT (30%) along with its JV partners – SingHaiYi Group (35%) ... ( read original story ...)
A dozen buyers eye Citibank’s India BKC office: Report
Around 12 suitors have placed bids for Citibank's Indian head office located in Mumbai's Bandra Kurla Complex (BKC), Business Standard reported. Private equity firm Blackstone, Singapore-based GIC, K ... ( read original story ...)
DBS says exposure by REITs to CWT default more manageable than thought
SINGAPORE (Apr 17): DBS Group Research is not overly worried about the local industrial REITs – AIM APAC REIT (AA REIT), Mapletree Logistics Trust (MLT) and Cache Logistics Trust (CacheLog Trust) – ... ( read original story ...)
Singapore Exports Slump on Worst Electronics Drop Since 2013
(Bloomberg) -- Singapore’s electronics exports slumped in March by the most since 2013, an ominous sign that it will take longer for the city state to shake off a regional demand slowdown from earlier ... ( read original story ...)
Singapore’s OCBC Seeks Partner for China Securities Business
(Bloomberg) -- Oversea-Chinese Banking Corp. is looking for a Chinese firm to team up with on a securities joint venture on the mainland, the latest foreign bank seeking to capitalize on the ... ( read original story ...)
Keppel-KBS US REIT kept at ‘buy’ by DBS on positive outlook
SINGAPORE (Apr 17): DBS Group Research is maintaining its bullish stance on Keppel-KBS US REIT (Kore) on the stock’s positive outlook. In particular, Kore has guided that it could achieve on average ... ( read original story ...)
DBS partners China’s Sinosure for Belt and Road project push
SINGAPORE - DBS Group Holdings is partnering China Export & Credit Insurance Corporation (Sinosure) on projects under the Belt and Road Initiative (BRI), especially those from Asean. Sinosure is the ... ( read original story ...)
ESR gets $242m loan from UOB to buy prime Tokyo land for distribution centre
SINGAPORE - Logistics real estate company ESR has obtained a 20 billion yen (S$242 million) loan from United Overseas Bank (UOB) to partially fund ESR's acquisition of a plot of land in Yokohama, ... ( read original story ...)
Standard Chartered Broadens Biz Banking Services Across Asia
A press release Monday (April 15) said Standard Chartered is expanding its payments collection tool Straight2Bank Pay, as well as its corporate mobile banking app, to businesses in China, Hong Kong, ... ( read original story ...)
Keppel-KBS US REIT falls short of IPO forecast with 1Q DPU of 1.50 US cents
SINGAPORE (Apr 16): The manager of Keppel-KBS US REIT (KORE) has announced distribution per unit (DPU) of 1.50 US cents (2.03 cents) for the 1Q19 ended March, unchanged from a year ago. Actual 1Q19 ... ( read original story ...)
How Expensive Is the Singapore Stock Market Right Now?
The Straits Times Index (SGX: ^STI) has soared 3.5% thus far in April. With the stock market rally, investors might be wondering if the Singapore stocks are still as attractively priced as before. ... ( read original story ...)
Cheap Shares from Singapore’s Stock Market
In a recent article here, we saw that there were 107 net-net stocks, as of 15 April 2019. To understand what a net-net stock is, you can check out the link here. In this article, let’s look at 20 of ... ( read original story ...)