Alleged nickel trading scammer Ng Yu Zhi’s S$4 million bail was raised to $6 million on Thursday (Jan 19), and he now faces the prospect of being jailed for more than 20 years if convicted after his ...
Tata Tech Starts Work on IPO to Raise up to ₹4k Cr
N Chandrasekaran-led Tata group has initiated the process to list Tata Technologies through an initial public offering (IPO).
Leo Wealth acquires Singapore’s Jachin Capital
Leo Wealth’s Singapore office will be headed by Jachin Capital founder and CEO Joyce Woo, a wealth management veteran with over 30 years of corporate and private banking experience in Singapore and ...
UOB Kay Hian lifts ThaiBev’s TP to 85 cents as Chinese tourists return
With the return of Chinese tourists to Thailand, UOB KH sees that ThaiBev stands to benefit from higher alcohol consumption levels ...
UOB to issue S$850m perpetual capital securities with 5.25% rate per annum
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 ...