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Tag: banking

Posted on 06/02/2023

Standard Chartered stops lending against Adani dollar bonds amid volatility

Some of the relationship managers of StanChart, which has a significant presence in Asia, have informed their private wealth clients in the region's large markets like Singapore that the bank would ...

Posted on 06/02/2023

DBS sets new targets for Greater Bay Area after shrugging aside pandemic and recording strong growth in development zone, CEO says

Singapore lender made a Greater Bay Area plan five years ago and achieved its goals despite headwinds such as Covid-19, Piyush Gupta says in interview China's reopening will be 'very consequential', ...

Posted on 06/02/2023

More red packets repurposed in 2022 as businesses ramp up recycling initiatives

Residents can recycle their red packets at more than 140 locations across Singapore Read more at straitstimes.com.

Posted on 05/02/2023

Singapore banks have ‘ample capital’ for higher dividends in FY2022: DBS

Though OCBC does not typically pay out special dividends, DBS analysts point to ample capacity for higher dividends.

Posted on 05/02/2023

Beginner’s guide to Singapore Treasury bills for individual investors 2023: What are T-bills and how to apply

Let me guess, you're furiously searching up 'Treasury bills' or 'T-bills' because: You keep seeing news on T-bills and its yields and have absolutely no idea what's going on. You're realising the ...

Posted on 05/02/2023

Me & My Money: CEO and ex-banker takes nimble approach to investing

The CEO of Beng Kuang Marine is now focused on growing his equity in the marine engineering firm. Read more at straitstimes.com.

Posted on 05/02/2023

Top Fintech VC QED Investors Hires Singapore Based Principal to Focus on Southeast Asia Market

QED Investors has appointed Melissa Ho as its lead in Southeast Asia as the Fintech VC focuses on the hot Asian market.

Posted on 04/02/2023

Top Stock Market Highlights of the Week: Super-Rich Chinese, Keppel O&M-Sembcorp Marine Merger, US Federal Reserve and Boustead Industrial Fund

We review the status of the merger between Keppel and Sembcorp Marine and look at the latest move by the US Central Bank. The post Top Stock Market Highlights of the Week: Super-Rich Chinese, ...

Posted on 04/02/2023

Fremont solar energy business Nextracker plans to raise up to $610M in IPO

It has set aside about 3.5 million more shares for underwriters of its IPO to buy. Flex plans to retain a majority stake in the business that it bought for $330 million in 2015. Flex is based in ...

Posted on 04/02/2023

Why China’s ‘crazy’ mega-rich are moving their wealth, and partying, to Singapore

Beijing’s crackdowns on tech billionaires and tax-shy celebrities, plus three years of zero-Covid, have led many affluent Chinese to relocate to the city state, where some are shelling out US$800,000 ...

Posted on 04/02/2023

Mega-rich from China seek refuge in Singapore

SINGAPORE: Singapore is seeing an influx of ultra-wealthy families from China looking to protect their wealth from a Communist Party that increasingly views them with suspicion.

Posted on 04/02/2023

DBS lifts STI target to 3,700, highlights lesser-discussed China policy shift beneficiaries

DBS Group Research analysts Yeo Kee Yan and Janice Chua have lifted their 12-months target for Straits Times Index (STI) to 3,700 from 3,600 previously on the assumption of slower growth and no ...

Posted on 04/02/2023

Singapore investment deals pick up in early 2023 but bite-sized deals prevail

Tang: Fully-funded family offices could position themselves for opportunistic buys, or move up the risk curve to look at core plus or value-add assets (Photo: Samuel Isaac Chua/EdgeProp Singapore]The ...

Posted on 04/02/2023

Man admits tackling elderly smoker at void deck who later died

SINGAPORE — After having breakfast at Hougang Mall, Allan Chua Kim Wee was on his way home when he spotted an elderly man smoking at a void deck.Wishing to file a complaint with the authorities, Chua ...

Posted on 04/02/2023

China’s mega-rich move their wealth, and partying, to Singapore

Singapore is seeing an influx of ultra-wealthy families from China looking to protect their wealth from a Communist Party that increasingly views them with suspicion. Other Chinese tycoons fear the ...

Posted on 03/02/2023

Singapore Is Not Exactly The Switzerland Of Asia When It Comes To Financial Services

Singapore and Switzerland are often compared as two sides of the same coin, but how close are their approaches to fintech in reality?

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