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Tag: banking

Posted on 27/11/2023

Are young Singapore investors growing their wealth the wrong way?

SINGAPORE: Young investors here have performed poorly in managing their portfolios, according to an OCBC survey, although some online share trading platforms report that they are holding their own ...

Posted on 27/11/2023

As it connects China with the world, Standard Chartered bets on RMB internationalisation

CHINA is the world’s second-largest economy with the highest amount of total trade, and so it’s no surprise that the country’s trade relations are so deeply integrated with the rest of the world. Read ...

Posted on 27/11/2023

DBS seeks private credit foothold by originating deals

The group will, however, steer clear of doing direct lending transactions itself to avoid conflicts of interest.

Posted on 26/11/2023

Hainan FTP promotes economic and trade cooperation in Singapore

South China's Hainan Province has further promoted economic and trade cooperation with Singapore, holding a Hainan Free Trade Port (FTP) promotional event and other exchange activities in the city ...

Posted on 26/11/2023

Singapore-based Carro in talks to raise over US$100m ahead of potential US IPO

SINGAPORE – Carro, a South-east Asian online automotive marketplace, is in talks with potential investors to raise over US$100 million (S$134 million) ahead of a possible US listing in 18 months, said ...

Posted on 26/11/2023

Do you have travel plans? Consider these travel credit card promotions for your year-end travel

Whether you're planning a last-minute getaway or setting up future travels, these offers might just add that extra miles balance when you spend using foreign currencies ...

Posted on 26/11/2023

How DBS Takes Advantage of Naive Singapore Consumers to Earn the Largest Profits

Looking at the first half of each of our local bank's financial statements, one thing stands out and that is DBS gives the lowest deposit rates to its depositers. This explains why DBS has been able ...

Posted on 26/11/2023

Me & My Money: Finance exec who started trading as a teen can retire if she wants to, at age 43

Growing up in Denmark without much money, she was eager to get her first job as soon as she turned 13. Read more at straitstimes.com.

Posted on 25/11/2023

Winking Studios closed 5% above IPO price on first day of trading

SINGAPORE – Shares of Winking Studios began trading at 20.5 cents on the Catalist board of the Singapore Exchange (SGX) on Nov 20. This is 2.5 per cent above its initial public offering (IPO) price of ...

Posted on 25/11/2023

Rajnath canvasses for BJP’s candidate for Sec’bad Cantt

Defence minister Rajnath Singh visited Secunderabad Cantonment as part of the ongoing poll campaign and urged voters to support BJP candidate Sri Ganesh Narayanan. Find out more about his visit and ...

Posted on 25/11/2023

HSBC hires former JPMorgan veteran for the Middle East

V eteran of JPMorgan Chase & Co. Karim Tannir will serve HSBC Holdings in the Middle East as the bank expands its presence in a critical growth market. According to BNN Bloomberg, Tannir will take on ...

Posted on 25/11/2023

Singapore Alternative Lending Business Report 2023: Market to Grow by 31.6% to Reach $3.27 Billion in 2023 – Forecasts to 2027

The "Singapore Alternative Lending Market Business and Investment Opportunities Databook - 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan ...

Posted on 24/11/2023

Singapore’s MAS shocks crypto traders with bold new rules

The Monetary Authority of Singapore (MAS), the de facto central bank of the country, has introduced a set of measures aimed at discouraging retail investors from speculative trading in ...

Posted on 24/11/2023

Trust Bank sets the bar for digital banking in Asia Pacific

The digital bank targets to be Singapore's fourth largest retail bank, CEO Dwaipayan Sadhu said. One year after being launched, Singapore’s Trust Bank has already declared a very ambitious plan: ...

Posted on 24/11/2023

DBS Wants to Gain Private Credit Foothold by Originating Deals

DBS Group Holdings Ltd. is looking to cash in on the boom in private credit by originating and distributing deals, according to the global head of fixed income at Southeast Asia’s largest bank.

Posted on 24/11/2023

Singapore’s October factory output rebounds with 7.4% expansion after 12-month slump

SINGAPORE’S factory output in October surpassed market expectations with a 7.4 per cent year-on-year rebound after a year-long slump, data from the Singapore Economic Development Board (EDB) showed on ...

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