The sovereign-wealth fund said generative AI and extended periods of high interest rates will be new disrupters.
Why non-banking institutions are a hit for SME banking
SME banking is becoming a key focus area for banks as small businesses continue to favor non-banking providers for financial services.
TVS Supply Chain Solutions gets Sebi’s nod for IPO launch. Details here
TVS Supply Chain Solutions IPO consists of a fresh issue of equity shares aggregating up to ₹750 crore and an Offer for Sale (OFS) of over 2 crore equity shares by promoters and existing shareholders.
Ahead of IPO, Yatharth Hospital mobilises Rs 206 cr from anchor investors
This led to a reduction in the fresh issue size to Rs 490 crore from Rs 610 crore planned earlier.Going by the RHP, Yatharth Hospital operates three super speciality hospitals located in Delhi-NCR.
Hi-P International executive chairman wins top accolade at Singapore Business Awards
LOCAL business leaders were celebrated for making a difference in their respective industries on Tuesday (Jul 25) at the 38th Singapore Business Awards (SBA). Read more at The Business Times.
Sixth Annual Bloomberg New Economy Forum Returns to Singapore, November 8–10, With “Embracing Instability” As 2023 Focus
Bloomberg today announced the Bloomberg New Economy Forum's return to Singapore, November 8-10, 2023, with a full delegation of global corporate and government leaders.
Singapore’s ‘007’ who took the world by storm with his chips
TEO Swee Ann has the nickname “007” for working 00.00 to 00.00 seven days a week at times. Read more at The Business Times.
Singapore shares rise 0.6% amid gains on Wall Street, Asian markets
In Singapore, mainboard-listed Chinese vessel maker Yangzijiang Shipbuilding saw its shares close a whisker shy of its 52-week high at S$1.52, up 1.3 per cent on the day. The STI stock bounced from ..
TVS Supply Chain Solutions gets Sebi nod to float IPO
The IPO comprises a fresh issue of equity shares aggregating up to Rs 750 crore and an Offer for Sale (OFS) of over 2 crore equity shares by promoters and existing shareholders, according to the draft ...
Early access to concerts and free iPads: Can banks retain customers with sign-up incentives?
While giving away freebies may increase initial customer acquisition, this is not sustainable in the long run, says a marketing expert.
Up to S$130 cash rewards & other perks from DBS/POSB for NSFs
DBS/POSB is offering its very own "sign on bonus" for NSFs who credit their NS allowance into their DBS/POSB accounts, with up to S$130 in cash rewards to be earned.
UOB’s credit cards’ contribution to fee income could see highest y-o-y growth thanks to Taylor Swift concert: Bloomberg
Among the three banks, UOB’s credit card contribution could see the biggest y-o-y growth in FY2023. The growth may also help the lender achieve its double-digit target for fee-income growth after the ...
UOB Kay Hian maintains ‘buy’ on MPACT but lowers TP to $1.90
Analyst Jonathan Koh has lowered his TP from $2.02 previously as the REIT's Japan portfolio weathers pressure from new supply.
Singapore-based financial analytics platform Bunker secures US$5 mil funding
Singapore-based financial analytics platform Bunker has raised US$5 million ($6.6 million) over two rounds of funding from investors across the region including January Capital, Northstar Group and ...
Higher deposit caps for digibanks unlikely to dent earnings of Singapore bank trio: report
THE raising of deposit caps for digital banks is unlikely to impact the profitability of Singapore’s trio of local banks – DBS, UOB and OCBC, Fitch Ratings said in a report on Sunday (Jul 23). Read ...
Senior Banking Leaders Set to Gather at MoneyLIVE Asia This September
MoneyLIVE Asia will be held at the Marina Bay Sands, Singapore this 12-13 September 2023 to unite some of the most innovative banking and payments leaders from across Asia. At the event, industry ...