Singapore-based Barramundi Group has reported a loss in the first half of this year despite a growth in sales, following its initial public offering in August. Its 2021 first-half loss was SGD 6 ... ( read original story ...)
Ninja Van to hire 200 engineers from Singapore, Vietnam, Indonesia
Ninja Van will beef up its engineering workforce within the next 18 months ahead of its IPO plans in the US, reported Bloomberg. ( read original story ...)
ADIA, others come in as anchors for IPO of Aditya Birla Sun Life AMC
Abu Dhabi Investment Authority (ADIA) and IIFL Special Opportunities Fund were among 50 investors in Aditya Birla Sun Life AMC’s ... ( read original story ...)
UOB banks on $368M digital investment to grow Asean customers
Singapore bank unveils plans to invest up to SG$500 million to beef up its digital capabilities and drive efforts to double the number of retail customers across Asean to seven million by 2026. ( read original story ...)
Singapore Questions Top Banks on Exposure to Evergrande Fallout
Singapore’s financial regulator has questioned the nation’s three banks about their exposure to China Evergrande Group, joining other global centers in examining the potential fallout from the ... ( read original story ...)
Grab CEO on navigating the Covid-19 crisis, IPO plans, conquering SEA’s competitive landscape
The Wall Street Journal held its CEO Council Summit yesterday (September 28), in which it gathered global business leaders to discuss how they adapt to today’s fast-changing world, especially in the ... ( read original story ...)
UOB to invest $500m to ramp up digital capabilities across ASEAN as it aims to more than double its digital retail customers by 2026
UOB today announced that it will invest up to $500 million in digital innovation initiatives as it seeks to double the retail customers it serves digitally to more than seven million customers across ... ( read original story ...)
Stock Market LIVE Updates: Sensex, Nifty50 likely to make gap-down opening amid weak global cues; SGX Nifty futures fall over 100 points
Indian equity benchmarks Sensex and Nifty50 are likely to start Wednesday's session on a negative note tracking losses across global markets. At 7:38 am, Nifty futures trading on Singapore Exchange -- ... ( read original story ...)
Tradeteq Teams Up with Singapore’s eXchange inFintite or XinFin to Provide Tokenized Trade Finance
Tradeteq has teamed up with Singapore-headquartered eXchange inFinite (XinFin) to provide tokenized trade finance products. ( read original story ...)
Industrial S-REITs remain ‘choice sector’; top picks being A-REIT, FLCT and MLT: DBS
Among the mid-caps, Lai and Tan say they prefer ALLT and ESR-REIT “for their access to new economy assets from sponsor pipelines”. ( read original story ...)
What homeowners need to know about Singapore’s shift to new interest rate benchmark SORA
Borrowers with floating-rate mortgages have to switch out of their loans as SOR and SIBOR will be discontinued in 2023 and 2024, respectively . Read more at straitstimes.com. ( read original story ...)
Singapore Market Anticipate To Develop Owing the Existence of Active Players in the Market: Ken Research
The Market Research Industry Singapore is at a mature stage. Several markets around the Singapore are in term of revenue has augmented at a positive CAGR during the review duration. ( read original story ...)
First in Singapore – BitDATA Exchange the First to Launch Physical Digital Payment Token Service Centre in Singapore’s Central Business District
Following the launch of its mobile app in July 2021, BitDATA Exchange (BitEx) Singapore, a homegrown regulated digital assets exchange, continues to unfold milestones with the expansion of business ... ( read original story ...)
Standard Chartered Singapore sees seven-fold increase in sustainable investments
New survey suggests that sustainable investing is at a tipping point, but apprehension amongst Singapore investors over lack of measurement and transparency remains. Standard Chartered’s latest ... ( read original story ...)
Standard Chartered Private Bank CIO on Opportunity and Opportunity Loss
Steve Brice is the CIO at Standard Chartered Wealth Management. Hubbis met with him recently to hear of his outlook for the markets, wearing the CIO hat, and exactly why he thinks the tight alignment ... ( read original story ...)
Singapore VC joins entrepreneurs in hunt for next Grab or Gojek
The COVID-19 pandemic has energized Southeast Asia's startup ecosystem, with increasing numbers of companies attaining unicorn valuations while closing in on IPOs. This has attracted venture ... ( read original story ...)