Last year, SCIC sold 5.4 per cent of Vinamilk to the Singapore-listed, Fraser and Neave Ltd ... and distribution arm to other investors via an initial public offering (IPO). According to the Nikkei Asian Review, the sales of the distribution and retail ... ( read original story ...)
Atlantis Resources’ head of corporate finance to become CFO
The latter is the current head of corporate finance at the group and has been with Atlantis since before its IPO (initial public offering ... as we have transitioned the finance department from Singapore to Edinburgh, where he has built a highly competent ... ( read original story ...)
Bailout is only way out for 1MDB, says Pua
Pua, the opposition’s chief critic on 1MDB affairs, said this was because banks around the world would refuse to be involved with the “investment fund units” which 1MDB said would help finance the ... “In fact, the Singapore courts also confirmed ... ( read original story ...)
In Manila this week, ASEAN faces difficult balance between US and China
According to Vermonte, ASEAN member countries should contribute more to finance the region’s activities ... ASEAN Studies Centre of the Institute for Southeast Asian Studies in Singapore. Termsak said that its policies should not supplant the national ... ( read original story ...)
Big turnout as Singapore Coffee Festival opens to public
SINGAPORE COFFEE FESTIVAL WHERE ... 10am to 3.30pm and 4.30pm to 10pm ADMISSION: $22, $18 (DBS and POSB cardholders, ST subscribers) INFO: Go to www.sgcoffeefestival.com ( read original story ...)
More variety at the Singapore Coffee Festival
It may have been a work day, but the Singapore Coffee Festival 2017 saw a steady stream ... Each session, which has different activities, costs $22, or $18 for DBS and POSB cardholders and Straits Times subscribers. ST subscribers who flash their ST+ ... ( read original story ...)
Jail, cane for man who used nude photos to extort from girlfriend
Investigation showed that sometime in August 2014, Cheong aided in illegal moneylending - he had handed over his POSB ATM card and personal identification number linked to the account to a woman named Jojo for use in connection with her loansharking business. ( read original story ...)
4 Types of Savings Accounts Singaporeans Should Consider Opening
While POSB and DBS tend to have the most ATM machines ... You can easily find out more details on savings accounts in Singapore with at MoneySmart’s Savings Account comparison page. In my previous life, I was a property lawyer who spent most of my ... ( read original story ...)
Trade visitors get to learn from cafe experts in exclusive first look
The Singapore Coffee Festival 2017 kicks off today at the Marina ... Each session costs $22, or $18 for DBS and POSB cardholders and ST subscribers. Today's line-up for trade visitors kicks off at 11am with a talk titled What's Behind A Great Coffee ... ( read original story ...)
Where is iSignthis Ltd (ISX.AX) headed? Technical Update on the Stock
Wheelock Properties Singapore Ltd (M35.SI) now has a 14 day Williams %R ... As always, the values may need to be adjusted based on the specific stock and market. Traders and investors will no doubt be closely monitoring the markets as we move into the ... ( read original story ...)
Stocks in Asia Waver on Disappointing Earnings
Nomura raised its target price to 6,400 yen from 5,600 yen and kept a "buy" call, noting the automaker was well ahead of rivals in the Indian market and that margins ... around 10% to 66 Australian cents. In Singapore, shares of DBS dropped 2.3%. ( read original story ...)
SEBI boosts stock trading on GIFT
Stock brokers ... that shifted to Singapore and Dubai may come back as derivatives trading picks up on GIFT and even the talent pool will return here.” The 52 stocks that are now allowed on GIFT account for nearly 55 per cent of market capitalisation ... ( read original story ...)
UOB Painting of the Year 2017 and young aspiring artists in Asia
Among the seven UOB POY artists taking part are Carey Ngai, the 2016 Winner in the Established Category (Singapore) and Aaron Gan, the 2015 Gold Award Winner in the Established Category (Singapore). This new initiative is a continuation of UOB’s ... ( read original story ...)
The worst appears to be over for banks in one of the world’s major financial hubs
All three Singapore banks — DBS, OCBC and UOB — topped or generally met expectations in their second-quarter earnings But lingering weakness in the oil and gas sector means asset quality may still deteriorate in the coming quarters, warned DBS CEO ... ( read original story ...)
Singapore’s DBS second-quarter profit up 8.5 percent on loan growth, flags pressures on asset quality
SINGAPORE (Reuters) - Singapore's biggest lender, DBS Group Holdings, reported an 8.5 percent increase in quarterly profit that came in line with market expectations, boosted by strong loan growth, but the bank flagged pressures on asset quality. ( read original story ...)
Singapore’s Novena Global plans $150m Taiwan IPO
Singapore-based Novena Global Lifecare Group is teeing up a $150m IPO in Taiwan as it looks for capital to fund expansion in north Asia. By John Loh, Jonathan Breen 12:00 PM Novena, an integrated medical healthcare and aesthetic group, dropped plans to ... ( read original story ...)