ICICI Securities hires banks for Rs 30 billion IPO

SINGAPORE: ICICI Securities has hired Bank of America Merrill Lynch, Citigroup, Citic CLSA, Edelweiss and IIFL Holdings for a Rs20bn -Rs30bn (US$310m-$465m) IPO slated for early next year, a person with knowledge of the transaction said. The company plans ... ( read original story ...)

Singapore launches electric car-sharing service

Singapore (AFP) - Singapore on Tuesday launched an electric car-sharing service, the latest transport innovation aimed at encouraging people away from owning vehicles and keeping gridlock at bay in the space-starved city-state. BlueSG, a subsidiary of ... ( read original story ...)

DBS finalizes acquisition of some of ANZ’s Taiwan assets

Taipei, Dec. 11 (CNA) Singapore-based DBS Bank has completed a deal to acquire part of Australia and New Zealand Banking Group (ANZ) assets in Taiwan, the bank said Monday. The acquisition of ANZ's retail banking and wealth management operations in Taiwan ... ( read original story ...)

Additional Support Tipped For Singapore Shares

The Singapore stock market on Friday snapped the four-day losing streak in which it had fallen more than 60 points or 1.8 percent. The Straits Times Index now rests just beneath the 3,425-point plateau and it's expected to open higher again on Monday. ( read original story ...)

Seven Indian bankers in Singapore you need to know about

Banks in Singapore have turned to the subcontinent to plug skill shortages in technology and to help expand their Indian coverage desks in private banking, for example. But it’s not just in wealth and tech where Indians are playing leading roles in ... ( read original story ...)

Amazon Takes Prime to Singapore, Focuses on Southeast Asia

Amazon.com Inc. AMZN recently announced the launch of subscription-based Prime membership in Singapore. The service will focus on areas like fast and free shipping, streaming and gaming. The move comes about six months after the e-commerce giant ventured ... ( read original story ...)