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Tag: banking

Posted on 22/04/2025

Singapore Insurance Industry Report 2025: Key Regulatory Changes and Compliance Insights

This comprehensive analysis delves into the regulatory framework covering life, property, motor, liability, and more. Unpack key parameters like licensing and foreign direct investment. Learn about ...

Posted on 22/04/2025

DBS and OCBC expected to report lower margin in Q1 on SORA easing

Both banks’ asset qualities could deteriorate in the second half of 2025, an analyst said. DBS and OCBC are expected to log a margin compression in their Q1 2025 results due to a steep fall in the ...

Posted on 22/04/2025

Walmart’s Flipkart relocates holding company from Singapore to India, eyes future IPO

"Flipkart, India's homegrown e-commerce platform, proudly based and operating in India, has shared its intention to relocate its holding company from Singapore to India," the company said in a ...

Posted on 22/04/2025

Flipkart plans to relocate to India from Singapore ahead of potential IPO

The Walmart-backed company is the latest firm to reverse flip to India, joining a long list of companies shifting domiciles, amidst easing of regulatory compliance norms and improved IPO markets in ...

Posted on 22/04/2025

RHB downgrades S’pore banks to ‘neutral’, slashing target prices while keeping only DBS at ‘buy’

US President Donald Trump’s reciprocal tariffs have injected further uncertainty into the market but the pause “provides investors with a reprieve and an opportunity to reposition”, says RHB.

Posted on 22/04/2025

Flipkart to shift headquarters back to India from Singapore ahead of IPO plans

After years of operating from Singapore, Flipkart is returning to its roots as it prepares for a highly anticipated public listing in India.

Posted on 22/04/2025

Flipkart plans to relocate holding company from Singapore to India ahead of potential IPO

In preparation for the listing and to strengthen corporate governance, Flipkart also brought on board Lydia Jett, former managing partner at SoftBank.

Posted on 22/04/2025

CIMB pledges RM10b to support Johor-Singapore SEZ

The platform offers tailored support services including fast-track account setup, regulatory guidance, and banking solution. CIMB Group has pledged RM10b in funding to support business expansion and ...

Posted on 22/04/2025

TPG and Singapore’s Temasek to purchase minority stake in Cliffwater

Alternatives money manager TPG and Singapore's sovereign wealth fund, the $288 billion Temasek Holdings, announced plans to acquire a minority stake in alternatives consultant and manager Cliffwater.

Posted on 22/04/2025

Singapore real estate investment sales drop 41.1% to S$5.5b in Q1

The majority of the investments were from public sales. According to a Knight Frank report, Singapore investment sales activity in the first quarter of 2025 slowed to S$5.5 billion, a 41.1% fall from ...

Posted on 22/04/2025

Walmart-owned Flipkart to flip its holding company from Singapore to India as it prepares for an IPO

While Flipkart said it intends to flip Its base back to India, it did not provide details on how much progress it has made or when the process will be completed.

Posted on 21/04/2025

Asean remains attractive amid global trade, supply chain disruptions: UOB CEO Wee Ee Cheong

SINGAPORE] The Asean region remains an attractive market to do business with, even amid uncertainties due to geopolitical risks and the impact of the US tariffs, said UOB chief executive Wee Ee Cheong ...

Posted on 21/04/2025

Asean still an ‘attractive market’ to do business with, says UOB CEO Wee Ee Cheong at AGM

This is a short-term volatility. Situations can change,” says Wee at the AGM on the current macroeconomic situation. “In fact, if the market price is low, you should buy on weakness.” ...

Posted on 21/04/2025

Johor’s April investment pipeline at RM23B as it targets high-tech and green investments to create better-paying job opportunities

Chief Minister Onn Hafiz Ghazi calls it a “powerful early signal of the momentum” behind the Johor-Singapore Special Economic Zone (JS-SEZ).

Posted on 21/04/2025

CGSI lowers UOB’s target price to $38.80; softer loans and non-interest income growth likely for rest of FY2025

CGSI is maintaining its “add” call on UOB as they see the bank's FY2025 yield of 7.2% as “attractive and defensible”.

Posted on 21/04/2025

Johor has RM23 billion in investment pipeline in April alone: chief minister

JOHOR BAHRU] Johor has secured about RM23 billion (S$6.9 billion) in its investment pipeline for the month of April alone, said Johor Chief Minister Onn Hafiz Ghazi on Monday (Apr 21). Read more at ...

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