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Tag: banking

Posted on 20/08/2025

World Para Swimming Championships will be held at OCBC Aquatic Centre instead of new WCH Arena

ST understands that the temporary arena is not wheelchair-accessible for athletes. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 19/08/2025

iFast confirms CP Invest’s sale of 14.35 mil shares, bringing interest down to 4.9%

With the sale, the Cuscaden Peak subsidiary formerly known as SPH Invest has ceased to be a substantial shareholder of iFast, according to an Aug 19 bourse filing.

Posted on 19/08/2025

AirTrunk granted record S$2.25 billion green loan by Singapore-based banks

APJ-based hyperscale data centre specialist, AirTrunk, has secured a S$2.25 billion green loan in Singapore to fund the development of a new hyperscale data centre, AirTrunk SGP2. Located in Loyang, ...

Posted on 19/08/2025

Singapore-based Shein weighs China relocation to ease path for Hong Kong IPO: Report

Shein has spent years attempting to list, first in New York and then in London. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 19/08/2025

Bank of Singapore Introduces ‘Catalyst’ for Ultra-Rich Wealth Management

Bank of Singapore has launched the Family Office Catalyst, a new service in Singapore for ultra-high net worth individuals seeking professional wealth management without setting up a dedicated ...

Posted on 19/08/2025

DBS remains RHB’s top banking pick amid ‘tough’ 2QFY2025; RHB expects FY2025 sector patmi to fall by 6% y-o-y

DBS Group Holdings remains the banking sector top pick for the team at RHB Bank Singapore as the banks generally had a “tough” 2QFY2025.

Posted on 19/08/2025

Aspire Launches Yield Solution to Boost SMEs Investment Returns

The launch follows AFT SG 2 Pte Ltd, a company within the Aspire Group, securing its Capital Markets Services License (CMS) from the Monetary Authority of Singapore (MAS) in April 2025, enabling it to ...

Posted on 19/08/2025

Yangzijiang Financial to anchor $100 million fund of firm led by ex-CEO Vincent Toe

The fund will invest exclusively in Singapore SMEs, and is expecting to start doing so in September. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 19/08/2025

Tariffs worry economists for Singapore’s 2H2025 following July’s 4.6% y-o-y NODX decline

The contraction was largely due to the 6.6% drop in non-electronic exports, of which the lacklustre performance of pharmaceuticals and petrochemicals saw an 18.9% and 23.4% y-o-y decline respectively.

Posted on 19/08/2025

Former Yangzijiang Financial CEO Vincent Toe’s ICH Group seeks to give Singapore’s small and mid-cap IPO market a leg up

SINGAPORE] Vincent Toe, the former chief executive of Yangzijiang Financial, understands the challenges that companies with small-to-mid market capitalisation face when they attempt to get listed.

Posted on 19/08/2025

3 charts show Shein’s big leaps in a key market ahead of its IPO

The fast fashion giant reported a more than 56% profit gain in 2024 compared to 2023 in the UK. It also nearly tripled its headcount in the country.

Posted on 18/08/2025

Yangzijiang Financial to anchor S$100 million fund of firm led by ex-CEO Vincent Toe

SINGAPORE] Yangzijiang Financial will be the anchor investor in a S$100 million fund by ICH Asset Management (ICHAM), which is led by the Singapore-listed company’s former chief executive, Vincent Toe ...

Posted on 18/08/2025

Yangzijiang Financial anchor investor for $100 mil fund focused on small and mid-cap stocks in Singapore

The investment fund, launched by ICH Asset Management, will deploy across multiple stages of an investment lifecycle.

Posted on 18/08/2025

AirTrunk secures $1.75bn green loan to fund data center development in Singapore

The company this week announced a new S$2.25 billion (US$1.75bn) green loan in Singapore to support the development of a new hyperscale data center, AirTrunk SGP2. AirTrunk said the transaction was ...

Posted on 18/08/2025

Jobs, infrastructure and homes at the core of Singapore’s resilience: Economists

The strategy PM Wong set out focused on priorities that economists said play to Singapore’s long-term strengths. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 18/08/2025

Blackstone-backed AirTrunk secures S$2.3 billion green loan for second Singapore hyperscale data centre

SINGAPORE] Blackstone-backed data centre firm AirTrunk has secured a landmark S$2.3 billion green loan in Singapore to develop its second hyperscale data centre, AirTrunk SGP2. Read more at The ...

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