The group will, however, steer clear of doing direct lending transactions itself to avoid conflicts of interest.
Hainan FTP promotes economic and trade cooperation in Singapore
South China's Hainan Province has further promoted economic and trade cooperation with Singapore, holding a Hainan Free Trade Port (FTP) promotional event and other exchange activities in the city ...
Singapore-based Carro in talks to raise over US$100m ahead of potential US IPO
SINGAPORE – Carro, a South-east Asian online automotive marketplace, is in talks with potential investors to raise over US$100 million (S$134 million) ahead of a possible US listing in 18 months, said ...
Do you have travel plans? Consider these travel credit card promotions for your year-end travel
Whether you're planning a last-minute getaway or setting up future travels, these offers might just add that extra miles balance when you spend using foreign currencies ...
How DBS Takes Advantage of Naive Singapore Consumers to Earn the Largest Profits
Looking at the first half of each of our local bank's financial statements, one thing stands out and that is DBS gives the lowest deposit rates to its depositers. This explains why DBS has been able ...
Me & My Money: Finance exec who started trading as a teen can retire if she wants to, at age 43
Growing up in Denmark without much money, she was eager to get her first job as soon as she turned 13. Read more at straitstimes.com.
Winking Studios closed 5% above IPO price on first day of trading
SINGAPORE – Shares of Winking Studios began trading at 20.5 cents on the Catalist board of the Singapore Exchange (SGX) on Nov 20. This is 2.5 per cent above its initial public offering (IPO) price of ...
Rajnath canvasses for BJP’s candidate for Sec’bad Cantt
Defence minister Rajnath Singh visited Secunderabad Cantonment as part of the ongoing poll campaign and urged voters to support BJP candidate Sri Ganesh Narayanan. Find out more about his visit and ...
HSBC hires former JPMorgan veteran for the Middle East
V eteran of JPMorgan Chase & Co. Karim Tannir will serve HSBC Holdings in the Middle East as the bank expands its presence in a critical growth market. According to BNN Bloomberg, Tannir will take on ...
Singapore Alternative Lending Business Report 2023: Market to Grow by 31.6% to Reach $3.27 Billion in 2023 – Forecasts to 2027
The "Singapore Alternative Lending Market Business and Investment Opportunities Databook - 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan ...
Singapore’s MAS shocks crypto traders with bold new rules
The Monetary Authority of Singapore (MAS), the de facto central bank of the country, has introduced a set of measures aimed at discouraging retail investors from speculative trading in ...
Trust Bank sets the bar for digital banking in Asia Pacific
The digital bank targets to be Singapore's fourth largest retail bank, CEO Dwaipayan Sadhu said. One year after being launched, Singapore’s Trust Bank has already declared a very ambitious plan: ...
DBS Wants to Gain Private Credit Foothold by Originating Deals
DBS Group Holdings Ltd. is looking to cash in on the boom in private credit by originating and distributing deals, according to the global head of fixed income at Southeast Asia’s largest bank.
Singapore’s October factory output rebounds with 7.4% expansion after 12-month slump
SINGAPORE’S factory output in October surpassed market expectations with a 7.4 per cent year-on-year rebound after a year-long slump, data from the Singapore Economic Development Board (EDB) showed on ...
Singapore to target crypto investors with tactics like those used to deter smokers, gamblers
Buying on credit forbidden, affordability tests imposed, and accreditation required for big bets The Monetary Authority of Singapore (MAS) revealed on Thursday its latest cryptocurrency regulations – ...
Singapore bans using credit cards for crypto trading
The Monetary Authority of Singapore (MAS) is set to introduce a series of stringent measures aimed at tightening regulations for cryptocurrency service providers in the nation.