THE day spent with beneficiaries at OCBC Aquatic Centre reminded Low Seet Ting of the time when she was a national water polo player. She was there to train 50 beneficiaries. The event on Oct 14 was ...
DBS, Citi outages in Singapore: Gen Zs reflect on the day cashless failed
Gen Zs in Singapore shared some of the challenges they faced over Saturday's bank service disruption, and how they will prepare for similar situations next time.
M&G Investments opens 10 funds to retail investors in Singapore
Global investment manager, M&G Investments, is opening 10 of its funds to retail investors in Singapore. The funds, which are a mix of equity funds, fixed income funds and multi-asset funds, were ...
StanChart muscles into Asian crypto space as established banking player
StanChart has majority stakes in Zodia Custody, which holds onto digital assets, and Zodia Markets, a crypto exchange that services institutional clients. In September, Zodia Custody launched in ...
RHB stays ‘neutral’ on top pick OCBC ahead of 3QFY2023 results
While OCBC remains RHB’s top pick among its peers, the research house remains “neutral” on OCBC in a Oct 16 note with a target price of $13.70, which represents a 6% upside against its last traded ...
Sheffield Green to raise S$6 million through Catalist IPO at S$0.25 a share
HUMAN resources provider Sheffield Green is seeking to raise over S$6 million through an initial public offering on the Catalist board of the Singapore Exchange. Read more at The Business Times.
UOB-Kay Hian defends independence of long-serving director who is also a substantial shareholder
UOB-Kay Hian Holdings (UOBKH) has defended its decision to continue designating Tang Wee Loke as an independent director (ID). Read more at The Business Times.
Singapore shares fall, tracking losses in regional markets; STI slips 0.7%
the impact of fear of war in the Middle East on gold investment demand outweighs the opportunity cost of holding gold, typically measured by short-term US interest rates.” Unsurprisingly, gold ...
Prismx Global Ventures Limited Shines Bright: Bags INR 120 Crore Textile Order from Singapore Amidst Impressive Stock Performance
Prismx Global Ventures’ recent achievement in securing the INR 120 crore textile order from Singapore stands as a beacon of the company’s global prominence. This substantial deal not only reaffirms ...
Geopolitical Tensions in Middle East Cast Shadow over Malaysia’s Stock Market
The reverberations of Middle Eastern geopolitical tensions echoed in the trading halls of Bursa Malaysia, the Malaysian stock exchange. Monday’s trading session ended on a somber note as the main ...
Total outstanding debt arranged by financial institutions in Singapore down 2% in 2022: MAS
The US dollar was the most favoured currency for corporate debt issuances in Singapore last year. Read more at straitstimes.com.
DBS, Citi outages caused by cooling system ‘technical issue’ at data centre
The technical issue with the chilled water system happened during a planned system upgrade at one of Equinix's data centres, raising the temperatures in some of halls and affecting operations.
Singapore’s Shophouses: A Surge in Demand Amid Exemption from Housing Regulations
In the heart of Singapore, where modern skyscrapers reach for the clouds, there lies a different kind of architectural beauty – the shophouses. These historic, multi-purpose buildings, built between ...
Sheffield Green to raise S$6 million through Catalist IPO at S$0.25 per share
HUMAN resources provider Sheffield Green is seeking to raise over S$6 million through an initial public offering on the Catalist board of the Singapore Exchange. Read more at The Business Times.
Total outstanding debt arranged by Singapore FIs down by 2% y-o-y to $512 bil in 2022
In 2022, new debt issuances by Singapore FIs also fell by 18% y-o-y to $190 billion. Amid the total number of issuances, the US dollar (USD) remained the primary currency while the Singapore dollar ...
UPDATE 1-Singapore regulator raises concern on Grab plan to buy Trans-cab
Oct 16 (Reuters) - The Competition and Consumer Commission of Singapore (CCCS) on Monday raised competition concerns about a plan by Southeast Asian ride-hailing company Grab to acquire Singapore's ...