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Tag: banking

Posted on 19/09/2025

Centurion Accommodation Reit launches IPO at 88 cents per unit, aims to raise $771m

It is offering 262.2 million units, of which 13.2 million units will be available to the public. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 19/09/2025

Boustead Singapore Plans REIT IPO of Assets Valued at US$1.48B

The initial portfolio of the UI Boustead REIT is expected to consist of 23 properties, estimated to be valued at around 1.9 billion Singapore dollars, equivalent to US$1.48 billion. Of these ...

Posted on 19/09/2025

Scam mules to be restricted from banking, phone and Singpass services from October

For a start, scam mules could be hit with restrictions on accessing banking services that could be used to move monies from scams (such as digital banking, card-based transactions and ATM servcies), ...

Posted on 19/09/2025

OCBC sets 10,000 by 2030 target under loan programme to help women SME owners

One in three of its SME customers in Singapore, Malaysia, Indonesia and Hong Kong is a woman entrepreneur. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 19/09/2025

UOB and UnionPay International Launch SplendorPlus Campaign: Up to 5% Cashback for Singapore Travellers Spending in China’s Mainland

As Singaporeans flock to China in record numbers, UOB and UnionPay International are thrilled to introduce the SplendorPlus Campaign, offering UOB UnionPay cardholders up to 5% cashback on purchases ...

Posted on 19/09/2025

DBS stays ‘buy’ on Hongkong Land following MCL sale to Sunway; US$7.20 target price under review

"The expanded buyback programme should offer near-term support to the share price, while ongoing capital recycling efforts remain a key catalyst," adds DBS ...

Posted on 19/09/2025

Chevron Reshapes Portfolio With Singapore Refinery Stake Exit

CVX plans to exit its Singapore refinery stake, with Vitol and Glencore emerging as top contenders in a $1 billion deal reshaping Asia's energy trade.

Posted on 19/09/2025

10 Best 1-for-1 Dining Deals in Singapore, from Hotel Buffets to Hip Cafes with DBS/POSB Cards

With DBS/POSB Card’s 1-for-1 dining deals, there’s a deal to suit every palate and occasion. Dining experiences are made more rewarding with DBS/POSB Cards.

Posted on 19/09/2025

Singapore UOB Raises Vietnam’s 2025 Growth Forecast to 7.5%

In the first half of 2025, Vietnam's economy expanded by 7.52% year-on-year, its fastest first-half growth in about 15 years.

Posted on 18/09/2025

As the US Fed cuts interest rates, should Singapore investors stomach more risk?

Nevertheless, investors in Singapore tend to have low to medium risk appetites. According to OCBC’s 2024 Financial Wellness Index, 34 per cent of investors have a low risk appetite and seek low ...

Posted on 18/09/2025

Ripple Stablecoin and XRP Ledger Tapped in DBS Bank, Franklin Templeton Deal

DBS will use XRP Ledger and RLUSD to offer clients a yield-generating tokenized money market fund. Through the partnership, DBS clients can trade these products ...

Posted on 18/09/2025

Centurion Accommodation Reit kicks off SGX IPO

The Singapore public offer opens at 10 pm on Thursday, and closes at 12 pm on Tuesday Read more at The Business Times.

Posted on 18/09/2025

Ripple, DBS, Franklin Templeton to Offer Tokenized Money Market Fund Trading

Singapore’s largest bank, DBS Group, has partnered with asset manager Franklin Templeton and Ripple to offer institutional trading and lending for tokenized assets on the XRP Ledger. The collaboration ...

Posted on 18/09/2025

Singapore’s stock market paradox: A tale of two markets

Not surprisingly, the STI has a reputation as a dividend and safe haven market, with an overwhelming focus on mature, high-yield, steady-state stocks (including REITs), which naturally attracts more ...

Posted on 18/09/2025

OCBC to Finance 10,000 Women-Led SMEs Across Four Markets by 2030

OCBC is stepping up its push to finance women-led businesses, aiming to back 10,000 entrepreneurs across Singapore, Malaysia, Hong Kong and Indonesia by 2030.

Posted on 18/09/2025

UOB hikes Vietnam’s 2025 GDP growth forecast to 7.5%

Singapore’s United Overseas Bank has raised its forecast for Vietnam’s GDP growth this year to 7.5% from 6.9%, citing the economy's resilience and dynamism despite tariff risks and uncertainties.

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