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Tag: banking

Posted on 29/06/2023

50% return in 11 months! Here’s how this Singapore-based fund spotted microcaps in Indian equity market

In an interaction with Business Today, Vineet Arora, Managing Director, NAV Capital said the fund intends to deploy Rs 500 crore in the Indian SME space over the next one year.

Posted on 29/06/2023

OCBC Share Price: Technical Analysis Suggests a Buy

OCBC Bank is the oldest bank in Singapore. It provides banking, asset management, insurance, and other treasury services mainly in Singapore, Malaysia, Indonesia, and China. Over the last few years, ...

Posted on 29/06/2023

NZ banks look to Singapore in fight against online crime

The numbers and sophistication of online scams are increasing but New Zealand’s response is piecemeal, ...

Posted on 29/06/2023

Singapore’s Instarem sees huge inflow of diaspora remittances into India

Singapore-headquartered Instarem sees huge inbound flow of remittances into India, citing the World Bank projection that money sent home by the Indian diaspora will reach USD 100 billion a year in the ...

Posted on 29/06/2023

DBS looks at India among top 3 markets for sustainable finance

Chennai: Singapore's largest bank, DBS, is looking at India as top three markets for sustainable finance. The cumulative sustainable financing transactions for the bank with operations in 19 markets ...

Posted on 29/06/2023

Singapore Post (SGX:S08) shareholders have endured a 60% loss from investing in the stock five years ago

Statistically speaking, long term investing is a profitable endeavour. But no-one is immune from buying too high.

Posted on 29/06/2023

Banking Ombudsman gets fast-track fraud resolution undertaking from NZ banks

A nerve centre to disrupt scams': what NZ can learn from Singapore as fraud and deception crimes rise 77% annually ...

Posted on 29/06/2023

5 Items That Contributed To Singapore Being The Most Expensive City In The World (According To A Consumer Report)

The 2023 Global Wealth and Lifestyle Report by private bank Julius Baer ranked Singapore, which is home to an increasing number of high-net-worth individuals (HNWIs), as the most expensive city in the ...

Posted on 29/06/2023

With 46% ownership, Boustead Singapore Limited (SGX:F9D) insiders have a lot at stake

Key Insights Boustead Singapore's significant insider ownership suggests inherent interests in company's expansion ...

Posted on 29/06/2023

Singapore central bank and bourse collaborate with climate panel to bolster access to transition data

Singapore’s central bank and the local bourse will collaborate with the Climate Data Steering Committee (CDSC) on strengthening global access to climate transition data. The Monetary Authority of ...

Posted on 28/06/2023

Singapore stocks up along with regional markets

Gainers outnumbered losers 289 to 216, after 1.2 billion securities worth a collective $970.8 million changed hands. Read more at straitstimes.com.

Posted on 28/06/2023

Singapore’s MAS wants to increase deposit insurance coverage to S$100,000/pax

"MAS’ proposals are not in response to the stresses faced by some banks abroad earlier in the year. The key to ensuring a safe and resilient banking system is through pre-emptive safeguards, meaning ...

Posted on 28/06/2023

Jewel Changi Airport and UOB partner to incentivise tourist spend

Jewel Changi Airport (Jewel) and UOB (United Overseas Bank) have partnered to drive value, incentivise and grow spend among inbound tourists, especially from ASEAN, and local residents at Jewel.

Posted on 28/06/2023

Brokers’ Take: DBS downgrades HRnetGroup to ‘hold’ as labour market softens

DBS Group Research on Wednesday (Jun 28) downgraded HRnetGroup to “hold” from “buy” as it expects softness in the Singapore and China’s economies to hit the labour markets. Read more at The Business ...

Posted on 28/06/2023

DBS downgrades HRnetGroup, sharing similar concerns as CGS-CIMB’s earlier call

Andy Sim of DBS Group Research has downgraded his call on HRnetGroup from "buy" to "hold", citing concerns that a slowing economy will dampen the recruitment firm's business in its key markets of ...

Posted on 28/06/2023

Creador acquires 40% stake in the IPO-hopeful M’sian company behind ProDiet & ProBalance

The news comes months after Reuters reported on Pet World’s plans of an IPO in Singapore to raise S$100 million as early as the end of this year. Other than Pet World, Creador-backed Eco-Shop also ...

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