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Tag: banking

Posted on 01/10/2023

UOB warns against fake Taylor Swift meet-and-greet invites circulating

SINGAPORE – Those who hold accounts with UOB and make use of the bank’s digital banking capabilities may have noticed a new scam alert since Friday. The alert warns against a fake invitation to a meet ...

Posted on 30/09/2023

Temasek unit raises $3.3 billion in flagship fund investing in China

Singapore state investment firm Temasek's (TEM.UL) wholly owned unit True Light Capital said on Thursday it raised $3.3 billion in its flagship fund that invests in Greater China and has now closed it ...

Posted on 30/09/2023

Standard Chartered: A Rising Tide Lifts All Boats

Standard Chartered's profitability receives a boost from higher interest rates, but concerns remain about its exposure to potential economic downturns. Read the article for more details.

Posted on 30/09/2023

Singapore announces additional $802 million to ease cost of living

Singapore's finance ministry on Thursday announced an additional S$1.1 billion ($802 million) to help households handle increases in the cost of living.

Posted on 30/09/2023

Singapore ranks fourth on Savills’ FinTech Index after New York, London and San Francisco

Savills notes that the fintech sector continues to impact not just the finance industry, but also workplace trends. In Singapore, fintech companies have been a boon, particularly to the flexible ...

Posted on 29/09/2023

Reynold Lemkins Shines at “American Davos” with Ambition to Support HK IPO by Long-term Investment

Such investments reveal the Group's optimistic outlook and ambition for the Hong Kong stock market, especially IPO in the emerging sectors such as artificial intelligence, healthcare, and TMT.

Posted on 29/09/2023

Niks Professional lodges preliminary prospectus for Catalist IPO

NIKS Professional, a Singapore-based provider of dermatology and aesthetic medical services, on Friday (Sep 29) lodged a preliminary prospectus for a Catalist listing. Read more at The Business Times.

Posted on 29/09/2023

Brother of RM8.3bil money laundering accused is one of eight suspects on the run, says Singapore’s Deputy Public Prosecutor

SINGAPORE: One of the eight people wanted by the police in ... For instance, he purportedly submitted a forged bank document from China Merchant Bank to Citibank. Investigations so far show he does ...

Posted on 29/09/2023

Brother of $2.4b money laundering accused is one of 8 suspects on the run: DPP

He is the brother of Vang Shuiming, who is accused of being involved in the case. Read more at straitstimes.com.

Posted on 29/09/2023

Chinese Steel Tycoon Du Shuanghua To Buy Singapore Shopping Mall For $666 Million

Chinese steel tycoon Du Shuanghua is doubling down on Singapore investments, with his Glory Property Development submitting the top bid of about S$910 million to acquire the Far East Shopping Centre.

Posted on 29/09/2023

JSW Infrastructure IPO Sees Stellar Subscription: Here’s How To Check Your Allotment Status

JSW Infrastructure, a pivotal subsidiary of the JSW Group, has marked the culmination of its Initial Public Offering (IPO) with a remarkable subscription of 37.37 times on the final day of bidding.

Posted on 29/09/2023

Singapore govt announces additional $802M to ease cost of living

Singapore's finance ministry on Thursday announced an additional S$1.1 billion ($802 million) to help households handle increases in the cost of living.

Posted on 29/09/2023

‘Why was I so stupid?’ Man loses $70k after downloading app to buy roast duck

For six hours, a 74-year-old man chatted online with a friendly roast duck seller he met on Facebook, only to find his life savings almost wiped out after. Mr Loh lost about $70,000 to scammers who ...

Posted on 29/09/2023

Singapore’s fintech to contribute 3.6% in 2027

In 2022, the country also had the largest investment attractiveness at 41.1%. Singapore’s financial technology investment is projected to contribute about 3.56% (+2.45%) to the region’s gross domestic ...

Posted on 29/09/2023

PUMA runs with GOVT SG for Standard Chartered Marathon activation

Athletics brand PUMA has appointed commissions creative agency GOVT Singapore as the creative and activation agency for the Standard Chartered Singapore Marathon 2023.

Posted on 29/09/2023

Standard Chartered’s innovation arm launches audax, enable banks and FIs to modernise and scale at speed

SC Ventures, Standard Chartered’s innovation fintech investment and ventures arm, has launched a digital banking technology solutions provider called audax. It will help banks and financial ...

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