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Tag: banking

Posted on 20/04/2023

Standard Chartered leads MISC’s US$527m sustainable loan facility

It has a term of 11-years. MISC Berhad, through its Singapore-based subsidiaries, has entered into a US$527m syndicated loan facility, for the financing of the six very large ethane carriers (VLECs).

Posted on 20/04/2023

We led MISC’s USD527 million sustainable-linked term loan financing

We led MISC’s USD527 million sustainable-linked term loan financing | Standard Chartered | Facility agreement for six VLECs signed with Standard Chartered as Structuring Bank, Sustainability ...

Posted on 20/04/2023

Prudential expands distribution network with official launch of Prudential Financial Advisers

Industry veteran Bernard Chai is CEO of new financial advisory firm which offers life insurance, general insurance and wealth management solutions Dennis Tan, CEO of Prudential Singapore (2nd from ...

Posted on 20/04/2023

As private equity deals plunge in region, Singapore grabs lion’s share: Bain report

The Republic last year secured US$7.1 billion (S$9.5 billion) in private equity deal value out of US$13 billion for all of South-east Asia. Read more at straitstimes.com.

Posted on 20/04/2023

Exclusive-In Rakuten Bank’s downsized IPO, investors pushed for details on troubled parent, sources say

The logo of Rakuten is pictured at the headquarters of Rakuten in Tokyo, Japan, May 15, 2019. REUTERS/Sam Nussey ...

Posted on 20/04/2023

MAS expands green finance plan to quicken decarbonisation of economy

It will also look at transition finance, which is a form of financial support to help high-carbon companies become greener. Read more at straitstimes.com.

Posted on 20/04/2023

There Are 94 IPOs in the Pipeline in Hong Kong. Which Firms Have the Lion’s Share of the Work?

Funds raised from new share listings in Hong Kong in the first quarter of this year fell a massive 52% year-on-year, and fewer than 20 companies raised $837 million via Hong Kong IPOs in that time.

Posted on 20/04/2023

So long Singapore: expats flee city as rents go through the roof

Southeast Asian city-state is losing international talent as some expats report rent hikes as high as 80 percent.

Posted on 20/04/2023

Singapore OCBC phishing scam: Another youth pleads guilty to role in causing S$12.8m in losses, lying to police

A 19-year-old youth, who was involved in a money laundering gang with eight others aged from 17 to 21, helped to pull off 768 OCBC phishing scams and ...

Posted on 20/04/2023

Chart of the Day: Top investment sectors of HNWIs in Singapore

Hotels and leisure properties are leading. This chart from Knight Frank showed the top investment property sectors of high-net-worth individual (HNWI) in Singapore. The top property is hotels and ...

Posted on 20/04/2023

Music producer and ‘Singapore Idol’ judge Ken Lim charged for abuse

Following his time on Singapore Idol, 8days reported that Ken Lim went ... a former singer and current CEO of Standard Chartered Bank's Consumer, Private, and Business Banking (CPBB). According to ...

Posted on 19/04/2023

Singapore property investment activity slows on higher interest rates, US bank turmoil

Singapore’s safe-haven appeal remains due to its sound economic and property market fundamentals. Read more at straitstimes.com.

Posted on 19/04/2023

DBS cheers Keppel DC REIT with ‘buy’ call; OCBC raises fair value

Analysts from DBS Group Research and OCBC have kept their calls on Keppel DC REIT, following its 1QFY2023 business update showing continued improvement. For the three months ended March 2023, the data ...

Posted on 19/04/2023

EDPR Sunseap’s parent EDP signs five-year $1 bil green loan with DBS, OCBC, UOB, MUFG

Singapore’s GIC committed EUR1 billion for a roughly 5% stake in EDPR, making GIC the second-largest shareholder.

Posted on 19/04/2023

Singapore Is World’s 5th Wealthiest City & Only Southeast Asian City in Top List

A new report by Henley & Partners has revealed that Singapore is now the fifth wealthiest country in the world by the number of millionaires (US$) within its population. The list published by ...

Posted on 19/04/2023

Investing in sneakers in Singapore: How to flip exclusive sneakers to make profits

Movies about superhero and supervillain origin stories are a dime a dozen, but there aren’t a lot of movies like Air (2023)—a film about the origin of a shoe.Released just this month (Apr 2023), the ...

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