The distribution rate will reset on 19 January 2028 and every five years thereafter. United Overseas Bank is issuing S$850m perpetual capital securities with a fixed distribution rate of 5.25% per ...
UOB first out of the blocks in SGD bond market
The United Overseas Bank (UOB) opened the Singapore dollar bank capital market in 2023 when it priced on January 12 an S$850 million (US$644 million) additional tier 1 (AT1) offering. The perpetual ...
CIMB Bank Singapore depicts the family dramas facing 15 year old Luna
The video, which was conceptualised and developed with Little Red Ant agency, is part of the bank’s Chinese New Year campaigns that comes alongside a plethora of offers and activities.
Prospects for SME growth this year rest on success of China’s reopening: OCBC
SINGAPORE’S small and medium-sized enterprises (SMEs) barely stayed in growth territory in OCBC’s latest quarterly index of their performance, and their prospects this year will depend on how China’s ...
Singapore – Further Developments In The Law On Letters Of Credit.
Singapore - Further Developments In The Law On Letters Of Credit. Legal News and Analysis - Singapore - Asset Finance, Banking & Finance, Dispute Resolution - ...
Singapore stocks snap 2-day losing streak; STI rises 0.3%
SINGAPORE shares snapped a two-day losing streak on Wednesday (Jan 18), in tandem with most Asian bourses. The Straits Times Index (STI) closed 0.3 per cent or 9.04 points higher at 3,289.55 points.
Deloitte hopes Budget 2023 will include re-evaluation of Singapore’s tax incentives
PROFESSIONAL services company Deloitte has a list of features it would like to see in Budget 2023, and on this list released on Wednesday (Jan 18) are a re-evaluation of Singapore’s tax incentive ...
UOB Kay Hian initiates Prime US REIT at ‘buy’ with TP of 78 US cents
UOB Kay Hian analyst Jonathan Koh has initiated coverage on Prime US REIT with a “buy” call and a target price of 78 US cents ($1.03). At its current share price levels, the REIT’s valuations are ...
Time to increase exposure to ‘attractive’ S-REITs: DBS
With the possible end to the US rate hikes in the 1Q2023, now may be a good time to accumulate S-REITs, say the analysts at DBS.
DBS maintains ‘hold’ on APAC Realty with proposed Vietnam expansion
APAC Realty is expanding its footprint in Vietnam, a "long-term positive" move that aims to fill the gap from muted growth here.
Market LIVE Updates: Sensex and Nifty 50 likely to start higher as indicated by SGX Nifty
Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open higher on Wednesday amid largely positive cues from global markets. Singapore Exchange Nifty futures, an early indicator of the ...
Olam Agri Singapore-Saudi dual listing could raise $1bln -sources
Singapore state investor Temasek Holdings owns 51% in Olam and Japanese trading house Mitsubishi Corp (8058.T) owns 14.4%. The sources with direct knowledge of the IPO told Reuters it could raise ...
Emergence of ‘finfluencers’ helps raise awareness about finance, but licensed advisors question knowledge, partiality of some
One of their followers is Mr Abraham Kang, who owns a finance consultancy business and is also a financial advisor licensed by the Monetary Authority of Singapore (MAS). “The Weeblings also ...
Singapore offering five-year visa program to attract wealthy foreigners
Singapore's new five-year visa program officially came into effect this month as the city state seeks to woo wealthy foreigners and bolster post-pandemic economic recovery.
Weekout (Jan 23): Light to Night Festival, UOB Art Gallery, Disney On Ice, Revolver, The Macallan
Themed “Here and Now”, the event calls for reflection of one’s time and environment and draws attention to art as a platform to document and respond to one’s lived experie ...
Fremont solar energy business Nextracker to test its $3B valuation in an IPO
The last major IPO by a Bay Area-based tech company was by Credo Technology Inc., a San Jose-based data infrastructure business that raised $200 million in January 2022.