Despite near-term headwinds posed by supply chain disruptions, DBS believes the medical equipment segment represents a strong area of growth for healthcare. Ageing populations, the prevalence of ... ( read original story ...)
5 Singapore Blue-Chip Companies That Won Big at the SIAS Investors Choice Awards
The prestigious awards saw five companies clinch prizes for good corporate governance. The post 5 Singapore Blue-Chip Companies That Won Big at the SIAS Investors Choice Awards appeared first on The ... ( read original story ...)
Singapore Crypto Investment Startup Pillow Raises $18m Series A
The funding round was co-led by Accel and Quona Capital with participation from Jump Capital and Elevation Capital. ( read original story ...)
HK Court orders return of S$99,500 to Singaporean scam victim
A Hong Kong judge ordered the return of monies to a Singaporean phone fraud victim whose lost funds were traced to a Hong Kong bank account deposit. ( read original story ...)
Stay invested in quality companies with pricing power in 4Q: DBS CIO
DBS remains “neutral” weight on equities for 4QFY2022, advocating investors to stay with quality companies with deep moats and pricing power such as those within healthcare and luxury sectors, ... ( read original story ...)
‘In the future, sustainable products will be conventional products’: UOB chief sustainability officer Eric Lim
Lim was appointed as the bank’s first (CSO) to lead its dedicated sustainability office in April 2021. This role is concurrent with his two other positions as managing director of group finance at UOB ... ( read original story ...)
Singapore’s OCBC scouting for Indonesian acquisitions – CEO
Singapore-based Oversea-Chinese Banking Corp Ltd OCBC.SI is hunting for acquisitions in Indonesia to speed up its growth, aiming to leverage a strong capital buffer built up in recent years, the head ... ( read original story ...)
What are cash management accounts and should they be part of your investment portfolio?
Online brokerage Tiger Brokers and private market exchange ADDX are among the investment platforms that have rolled out cash management solutions, which they describe as “low-risk” alternatives to ... ( read original story ...)
Blockchain.com gets Singapore licence, second crypto firm to obtain approval this week
Blockchain.com, a cryptocurrency exchange backed by investors including Lightspeed Venture Partners, said on Wednesday it had received approval from Singapore's central bank to offer payment services ... ( read original story ...)
FinAccel Becomes Singapore’s Newest Unicorn After Canceling SPAC Merger, U.S. IPO Plans
Singapore-based FinAccel—the parent of Indonesia’s buy now, pay later (BNPL) platform Kredivo—has become the city-state’s newest unicorn after raising almost $140 million in a funding round months ... ( read original story ...)
SAG Holdings Begins U.S. IPO Effort
SAG Holdings Limited, the firm that distributes vehicle aftermarket parts in Asia and elsewhere, has filed for a U.S. IPO. Read more here. ( read original story ...)
Stock Market Live Updates: SGX Nifty signals a positive start; Asian stocks trade lower
Tokyo stocks opened lower on Wednesday after a mixed close on Wall Street following the IMF's downcast economic outlook, with investors remaining cautious about the impact of infl ... ( read original story ...)
Bell Potter, Canaccord seek bids for Conrad Asia Energy IPO
Conrad Asia Energy Ltd and its stockbrokers are trying to bring the company’s proposed $45 million initial public offering to a head. ( read original story ...)
Singapore Stock Market Draws Weak Lead For Wednesday’s Trade
The Singapore stock market has closed lower in four straight sessions, sinking almost 50 points or 1.4 percent in that span. The Straits Times Index now rests just above the 3,105-point plateau and it ... ( read original story ...)
UOB’s Share Price Has Tumbled 16% in 6 Months: Is the Bank a Buy?
Being one of Singapore’s three big banks, can investors rely on its financial strength and experience to sail through a possible downturn? UOB continued to impress with its latest fiscal 2022’s ... ( read original story ...)
Singapore takes action against former BSI Bank deputy CEO for failing to act in 1MDB-related transactions
Singapore authorities have taken action against BSI Bank Ltd Singapore branch's (BSIS) former deputy chief executive officer for his contribution to the bank's failure to file suspicious transaction ... ( read original story ...)