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Tag: banking

Posted on 24/04/2023

DBS maintains ‘buy’ call on FCT with 2023 shaping up to be ‘banner year for acquisitions’

2023 is shaping up to be another banner year for acquisitions with [around] $500 million in acquisition deals year-to-date.

Posted on 24/04/2023

Singapore EV battery startup Oyika secures $8.75m in funding

Singapore-based smart-battery-swapping startup Oyika has secured fresh funding from BPIN Investment, a unit of Thailand's smart-energy company Banpu Next, according to regulatory filings. Banpu Next, ...

Posted on 24/04/2023

Funds raised by Singapore’s early-stage emerging tech startups down 28% in 2022

SINGAPORE - Early-stage emerging technology startups in Singapore raised US$253 million (S$337.5 million) in funding last year, down 28.1 per cent from the US$352 million raised in 2021, said ...

Posted on 24/04/2023

StashAway launches third cash management portfolio with fixed deposit holdings, daily-reviewed rates

The launch comes a day after the digital wealth manager announced higher management fees for its two prior cash portfolios.

Posted on 24/04/2023

DBS CEO Piyush Gupta in new book: Don’t forget your younger self

Why did the DBS CEO say this? Find out too who are the other famous personalities who shared their life lessons.

Posted on 24/04/2023

NI has potential to be Singapore-style investment hub, says Silicon Valley CEO

Ms Friar was back in Northern Ireland last week to speak at a major conference marking the 25th anniversary of the Good Friday Agreement ...

Posted on 23/04/2023

IPO market shows signs of life even as recession fears persist

The global market for initial public offerings is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia. But ...

Posted on 23/04/2023

Northern Ireland has the potential to be Singapore-style investment hub, says Silicon Valley CEO Sarah Friar

Northern Ireland has the potential to become a Singapore-style international investment hub, a Silicon Valley tech chief executive has predicted.

Posted on 23/04/2023

Shanghai and Singapore initiating new collaboration in new era

Singapore and Shanghai have been reaffirming strong comprehensive business ties over the years, with a sector in point being financial services and innovation. To deepen diplomatic relations and ...

Posted on 23/04/2023

Maid runs away after borrowing money from loan shark; employer later discovers $20k missing from bank account

One woman in Singapore was shocked to discover that the family's maid had borrowed $10,000 from loansharks. Not only that, they later found out that $20,000 had been stolen from their mother's bank ...

Posted on 22/04/2023

U Power shares soar after biggest US IPO this year

U Power shares skyrocketed amid more than 20 halts for volatility as the Chinese electric vehicle (EV) startup debuted on a US exchange on Thursday.

Posted on 22/04/2023

Less than 1% of private home transactions in Singapore use 99-to-1 arrangement: Finance Ministry | Video

From 2018 to 2021, about 0.5 per cent of private residential properties transacted involved “99-to-1” or similar arrangements, and action will be taken against both buyers and property agents, said ...

Posted on 22/04/2023

How DBS CEO Piyush Gupta, burnt in 2001 dot-com bubble burst, came back with new mindset

PERSPECTIVE: In a chapter of a new book, CEO of DBS Group Piyush Gupta shares his personal struggles with mental wellness after he left a senior position at Citibank to start a business, only to have ...

Posted on 22/04/2023

Mirxes applies for Singapore mega IPO, but HK beckons with possibly higher valuation

HOME-GROWN cancer diagnostics company Mirxes has made its first submission of documents to the Singapore Exchange (SGX) for an initial public offering (IPO) that could raise between US$100 million and ...

Posted on 22/04/2023

U Power soars 620% in biggest US IPO this year

U Power shares skyrocketed amid more than 20 halts for volatility as the Chinese electric vehicle (EV) startup debuted on a US exchange on Thursday.

Posted on 21/04/2023

Fixed deposit interest rates dip in Singapore amid uncertain economic outlook

SINGAPORE: Fixed deposit interest rates in Singapore have dipped in recent months, down from highs of about 4 per cent at the start of the year. The lower interest rates at Singapore ...

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