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Tag: banking

Posted on 13/08/2021

Hold growth and cyclical stocks such as A-REIT, DBS, Keppel Corp, MINT, SATS, Sembcorp amid short-term volatility: OCBC

The Singapore market has been resilient and was unscathed by recent sell-downs; the STI is among the better performers in July. ( read original story ...)

Posted on 12/08/2021

Singapore Monetary Authority Approves Crypto Trading for DBS

The Monetary Authority of Singapore (MAS) has approved DBS Vickers to provide trading services for digital payment tokens. ( read original story ...)

Posted on 12/08/2021

DBS gets go-ahead from MAS to provide digital payment token services

DBS Bank announced that its brokerage arm DBS Vickers has received in-principle approval from the Monetary Authority of Singapore (MAS) to begin offering trading services for digital payment tokens ... ( read original story ...)

Posted on 12/08/2021

DBS wins regulatory approval in Singapore for crypto payment services

The brokerage arm of Singapore’s largest bank, DBS Bank, has received approval from the MAS to provide digital payment token services. ( read original story ...)

Posted on 12/08/2021

Confirmed: DBS bank gets go ahead from Singapore authorities to provide crypto services

DBS Bank's in Singapore gains clearance from financial authority to begin selling crypto services to asset managers and businesses. ( read original story ...)

Posted on 12/08/2021

DBS Bank Gets Greenlight From Singapore Regulator to Provide Crypto Services

The brokerage arm of Singapore’s DBS Bank has received approval “in principle” from the country’s financial regulator to begin offering crypto services to asset managers and companies. DBS Vickers ... ( read original story ...)

Posted on 12/08/2021

Temasek prices longest Singapore bond with 50-year tenor

Singapore investment company Temasek Holdings on August 10 priced the longest-ever Singapore bond amounting to S$1.5 billion (US$1.10 billion) as it continued to lock in longer-term financing amid the ... ( read original story ...)

Posted on 12/08/2021

DBS Vickers gets nod to provide trading services for digital payment tokens

The brokerage arm of DBS, DBS Vickers (DBSV), has received in-principle approval from the Monetary Authority of Singapore (MAS) to provide trading services for digital payment tokens, the bank said in ... ( read original story ...)

Posted on 12/08/2021

Ravi Thakran’s Turmeric Capital said to consider Singapore SPAC listing

Tumeric Capital, the Singapore-based PE firm led by former L Catterton Asia head Ravi Thakran, is reportedly exploring listing a SPAC in Singapore. ( read original story ...)

Posted on 12/08/2021

Professor-Turned-Entrepreneur Shi Xu Debuts On Singapore Rich List 2021 After Successful IPO

The 57-year-old joins the list for the first time with a net worth of $1.8 billion, following the IPO of his firm Nanofilm Technologies International. ( read original story ...)

Posted on 12/08/2021

8 Things That Business Owners Should Know About Singapore’s Economic Recovery in 2Q 2021

During that period in 2020, Singapore’s GDP had fallen 13.3%, which means we are still not yet fully recovered from the COVID-19 slowdown. Compared to our pre-pandemic level in 2Q 2019, GDP remains ... ( read original story ...)

Posted on 12/08/2021

DBS, UOB among analysts’ top picks, as Singapore banking sector remains ‘overweight’

Analysts from CGS-CIMB Research, RHB Group Research and UOB Kay Hian have kept their “overweight” recommendations on the Singapore banking sector after the banks posted “decent” results for the ... ( read original story ...)

Posted on 11/08/2021

A close look at Singapore’s thriving startup ecosystem

Singapore is home to fewer than six million people, making it one of the smallest ASEAN countries, in terms of population. It is a young country as well — having gained independence in 1963. ( read original story ...)

Posted on 11/08/2021

COMMENT: Singapore’s social divisions aren’t so clear cut

The role of foreigners in Singapore's economy has been scrutinised amid the pandemic, yet class anxieties may be the country's bigger pressure point. ( read original story ...)

Posted on 11/08/2021

Ex-L Catterton Asia Chief Thakran Said to Explore Singapore SPAC

Turmeric Capital, an investment firm led by former L Catterton Asia head Ravi Thakran, is exploring listing a special purpose acquisition company in Singapore, according to people with knowledge of ... ( read original story ...)

Posted on 11/08/2021

Singapore Raises 2021 GDP Estimate, Now Expects 6%-7% Growth

Singapore’s economy is set to expand at a faster clip than the government previously expected as the city-state shakes off an uptick in virus cases and looks to re-open more sectors through ... ( read original story ...)

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