The Singapore stock market has finished lower in two straight sessions, although it has given up less than 5 points or 0.2 percent in that span. The Straits Times Index now rests just beneath the 3,420-point plateau although it may end its slide on Tuesday. ( read original story ...)
Soh to run StanChart for first time
The first Standard Chartered Singapore Marathon to double up as the National Championships race will have a marquee name in the men's line-up, following Soh Rui Yong's announcement that he is set to join the fray. The SEA Games marathon champion's entry in ... ( read original story ...)
Singapore is the second most attractive country for IPOs
IPO activity could rise by as much as 30% in a year. Singapore ranked after Hong Kong in a global ranking of attractiveness for mergers and acquisitions (M&A) and initial public offerings (IPO), legal firm Baker McKenzie revealed. According to a report ... ( read original story ...)
UOB first in Asia with Fitbit Pay
Ms Choo Wan Sim, Head of Cards and Payments Singapore, UOB, said, “We continuously look for ways to enable our customers to make payments simply, easily and quickly. What we can see is that contactless payments are winning the race when it comes to the ... ( read original story ...)
The Best Credit Cards in Singapore for Online Shopping
While most credit card users in Singapore appreciate this ... Get more information about the OCBC Frank Card here. The Citibank Rewards Card earns you 10X Citi Dollars for every $1 spent online. That’s 4 air miles per $1 spent. That’s great! ( read original story ...)
Noble Group Loses Key Bank Support as DBS Cuts Lending
Noble Group Ltd., the commodity trader fighting for survival, lost support from one of its key banks as Singapore’s DBS Group Holdings Ltd. cut lending, according to a person with knowledge of the matter. DBS sold its $60 million stake in Noble’s $1.1 ... ( read original story ...)
DBS teams up with Equinix to reduce datacentre footprint
DBS has been one of the forerunners in adopting cloud computing among Singapore’s financial institutions. It plans to move 50% of its compute workload to the public cloud by 2018, and is already using Amazon Web Services to power certain workloads such ... ( read original story ...)
Keppel-KBS US REIT IPO 6.7 times oversubscribed
The Singapore IPO raised $273m. The Singapore initial public offering (IPO) of Keppel-KBS US REIT has received 9,064 applications for 227,764,700 units. The public offer was 6.7 times oversubscribed, raising $273m (US$200.4m). According to a press release ... ( read original story ...)
DBS to save costs with cloud data centre
SINGAPORE - DBS Bank is partnering data centre provider Equinix to plug one of its data centres in Singapore into the cloud. The move will enable the bank to move its main data centre to an area a quarter of the size, which will make the centre 75 per cent ... ( read original story ...
Bank ABC Opens a Branch in Singapore
Bahrain-based Bank ABC (Arab Banking Corporation), the leading international banking Group in the MENA region, has announced the opening of a branch in Singapore. This comes as part of the Bank’s plan to expand its international network, which already ... ( read original story ...)
Singapore Seafood Hawkers to Go Head-to-Head in Stock Market
(Bloomberg) -- Singapore seafood hawkers have been competing for decades in the city-state’s notoriously cutthroat culinary scene. Now they’re vying for the favor of stock market investors. No Signboard Holdings Ltd., known for its signature white ... ( read original story ...)
Singapore Pointing The Way To Open Banking Platforms
People are – quite rightly – excited about the future of the financial services industry. The opportunity to surpass the traditional financial services experience with new digital innovations and strategic business models that are breaking barriers ... ( read original story ...)
Singapore Fintech Festival 2017: All You Need To Know
Singapore Fintech Festival returns this year to bring together fintech players, policy makers, financial industry leaders, venture capitalists, investors, tech entrepreneurs and academics for a week-long event dedicated to fintech and digital finance. ( read original story ...)
StanChart Unit Offers to Buy Stake in Singapore Crane Firm
Tat Hong, which began in Singapore in 1957 before expanding across Asia ... The Standard Chartered division that houses SCPE, known as Principal Finance, was largely responsible for a $68 million “restructuring” expense in the third quarter of 2017 ... ( read original story ...)
A New High Interest Savings Account To Multiply Your Money – The New DBS Multiplier Account
The answer is POSB/DBS. I have been using a POSB/DBS savings account for a very long time since I was a child. As they have the most ATM machines in Singapore, most people have a POSB/DBS account as their basic savings account. And for the longest time ... ( read original story ...)
StanChart Unit Is Said to Plan Stake in Singapore Crane Firm
Standard Chartered in London declined to comment and a spokeswoman for Tat Hong in Singapore didn’t respond to requests for comment. Early Friday, Tat Hong requested a trading halt in its shares on the Singapore exchange, pending an announcement. ( read original story ...)