We expect IPO activity to go through cyclical highs and lows, as the market re-calibrates from the pandemic mindset to 'regular programming'," said Tay Hwee Ling, disruptive events advisory leader of ...
OCBC Bank appoints Noel Gerald DCruz as new group chief risk officer
Oversea-Chinese Banking Corporation (OCBC) has appointed Noel Gerald DCruz as its new group chief risk officer on Nov 16. DCruz will succeed outgoing group chief risk officer, Vincent Choo, who will ...
Man in SG jailed after withdrawing over S$26,000 from bank accounts; monies traced to US fraud victims
Bhambri Kunal withdrew cash totalling more than S$26,000 (RM86,160) from Singapore bank accounts, which were sums later traced to three fraud victims in the United States.
Kingsmen co-founder Ong raises stake; Japfa in buybacks ahead of subsidiary’s planned IPO
Ong last bought Kingsmen shares more than a year ago although this was via a married deal that also involves fellow co-founder cum chairman Benedict Soh. On March 2, 2021, Ong and Soh acquired 500,000 ...
DBS expands footprint to Bangladesh, appoints former HSBC exec as chief representative
Singapore was the third-largest importing partner of Bangladesh, with imports amounting to about US$2.4 billion.
HSBC opens new head office in Singapore’s MBFC
The new premises are digitally enabled and support new hybrid ways of working for HSBC’s 4,000-strong local workforce.
Singapore-based Payash Capital objects to Arcelor inclusion in Srei bidding
Singapore-based Payash Capital, a 49 per cent stakeholder in Trinity Alternative Investment Managers Limited (TAIML), has opposed the decision of the administrator to include ArcelorMittal as a bidder ...
Singapore’s Sea Has Smaller-Than-Expected Loss on Cost Cuts
Sea Ltd.’s quarterly loss swelled less than analysts had estimated, helped by measures to curtail expenses as the Singapore online company’s growth slows.
FTX Not Licensed in Singapore, Monetary Authority of Singapore Says
Singapore’s central bank is “carefully reviewing” the license application of FTX.com local subsidiary Quoine Pte. Ltd, amid the bankruptcy blow-up of the disgraced crypto exchange.
DBS, OCBC, UOB raise interest rates for fixed home loans to up to 4.5%
SINGAPORE: DBS, OCBC and UOB raised their fixed home loan interest rates on Tuesday (Nov 15), with rates reaching up to 4.5 per cent. DBS, Singapore’s largest lender, has four fixed rate packages ...
Singapore Finance Ministry: Payouts to offset GST hike to start in Dec with cash handouts of up to S$700 for eligible Singaporeans
About 2.9 million adult Singaporeans will receive up to S$200 (RM665.18) in cash in December, as part of the Assurance Package that the Singapore ...
Sustainable financing for SMEs set to go up by 50% this year to over $3 billion: OCBC
The loans cover nine green project categories, including clean transportation, green buildings and renewable energy. Read more at straitstimes.com.
UOB, DBS, OCBC fixed home loan rates rise past 4%, highest in almost two decades, say analysts
Home loan rates went past the 4 per cent mark on Tuesday (Nov 15) after three major banks here raised their fixed rate packages, with the United Overseas Bank (UOB) being the highest at 4.5 per cent ...
Recession Is ‘Price We Pay’ For Misreading Inflationary Pressures, Says Singapore Senior Minister
Singapore’s Senior Minister Tharman Shanmugaratnam said ... Tharman said the challenge now is to increase investment and sustain it at higher levels for longer. “The scale of investment required is ...
Funds raised from IPOs in South-east Asia fall amid tough economic conditions
SINGAPORE - The initial public offering (IPO) market in Singapore has not been spared from souring economic conditions that have hit most of the region so far in 2022. Read more at straitstimes.com.
3 Singapore REITs That Announced Acquisitions to Boost Their DPU
If you’re looking for higher distributions, these three REITs should be on your investment radar. The post 3 Singapore REITs That Announced Acquisitions to Boost Their DPU appeared first on The Smart ...