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Tag: banking

Posted on 26/07/2023

Jack Ma-backed Ant plans restructuring, paving way for Hong Kong IPO

HONG KONG – Ant Group Co. is planning a restructuring that will break off some operations that aren’t core parts of its China financial-related business, according to people familiar with the matter, ...

Posted on 26/07/2023

‘Makcik loves Sonny’: Over 6,000 fans turn up at S’pore National Stadium to see Tottenham Hotspur

English football club Tottenham Hotspur will be facing Singapore Premier League side Lion City Sailors (LCS) in the Tiger Cup at the National Stadium on Wednesday (Jul. 26) evening. Spurs arrived in ...

Posted on 26/07/2023

Singapore’s GIC Says Investment Climate to Remain Challenging

The sovereign-wealth fund said generative AI and extended periods of high interest rates will be new disrupters.

Posted on 26/07/2023

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.

Posted on 26/07/2023

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.

Posted on 26/07/2023

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.

Posted on 25/07/2023

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.

Posted on 25/07/2023

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.

Posted on 25/07/2023

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.

Posted on 25/07/2023

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 ..

Posted on 25/07/2023

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 ...

Posted on 25/07/2023

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.

Posted on 25/07/2023

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.

Posted on 25/07/2023

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 ...

Posted on 25/07/2023

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.

Posted on 25/07/2023

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 ...

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