UOB has secured more than S$3 billion of foreign direct investment into Vietnam in alliance with Vietnam's Foreign Investment Agency (FIA) and is facilitating an additional pipeline of more than S$1.5 ... ( read original story ...)
Singapore: Industrial sector looks firm into year-end – UOB
Economist at UOB Group Barnabas Gan reviews the latest Industrial Production figures in Singapore. Key Quotes “Singapore’s industrial production disappointed market estimates ... ( read original story ...)
Lightnet Group Forges Partnership with Siam Commercial Bank
PRNewswire/ -- Singapore-based fintech company, Lightnet Pte. Ltd. (Lightnet Group), has announced a partnership with Siam Commercial Bank (SCB). ( read original story ...)
Hang Seng tech ETF to launch in Singapore
Lion Global Investors and OCBC Securities have partnered to launch Singapore’s first technology-focused exchange traded fund, rolling out a new ETF that tracks the recently launched Hang Seng Tech ... ( read original story ...)
LVB writes off bonds worth ₹318 crore ahead of merger with DBS Bank
A day ahead of its merger with the Indian arm of Singapore-based DBS Bank, the debt-ridden Lakshmi Vilas Bank (LVB) on November 26 has written off bonds worth ₹318.20 crore as per the existing ... ( read original story ...)
Singapore IPO activity ‘bright’ amidst market risks
Singapore raised US$852m in proceeds from eight IPO deals so far this year. Total initial public offering (IPO) activities in Southeast Asia for almost 11 months this year raised US$6.44b from 100 ... ( read original story ...)
Lakshmi Vilas Bank branches to operate as DBS Bank from today
DBS Bank is making necessary arrangements to ensure that service, as usual, is provided to customers of LVB, the central bank added. ( read original story ...)
UOB allows staff to work remotely two days a week once COVID restrictions are lifted
Further, in Malaysia and Thailand, head office transformation and relocation projects are underway and expected to be completed in 2022. In Singapore, the Bank will set up new social spaces in prime ... ( read original story ...)
Billionaire Ray Dalio Set to Open Family Office in Singapore
Ray Dalio, the billionaire founder of Bridgewater Associates, is opening a family office in Singapore to run his investments and philanthropy throughout the region. ( read original story ...)
Former Standard Chartered private banker banned for 21 months
After the Hong Kong financial regulator found he breached the group’s internal policies #bankofsingapore #banned #hongkong ... ( read original story ...)
LVB writes off bonds worth Rs 318 cr ahead of merger with DBS Bank
A day ahead of its merger with the Indian arm of Singapore-based DBS Bank, the debt-ridden Lakshmi Vilas Bank (LVB) on Thursday?has written off bonds worth Rs 318.20 crore as per the existing ... ( read original story ...)
Singapore sees tech leading 1,800 new finance jobs through June
Banks and other financial firms in Singapore are planning to offer 1,800 newly-created jobs in the 12 months through June, according to the nation’s financial regulator.Almost half of the positions ... ( read original story ...)
Indiabulls too moves court challenging LVB-DBS merger
According to the final scheme of amalgamation, the entire equity paid-up capital of LVB shareholders will be written off and the shares will cease to trade and get de-listed from the exchanges with ... ( read original story ...)
IPO activity proves Southeast Asian markets robust despite crisis
Capital markets across Southeast Asia have remained resilient this year despite uncertainties from the global health crisis to the worsening US-China trade tensions and impact of the US presidential ... ( read original story ...)
UOB expands employee training programme to include data analytics, project management
These skills are most in demand in today's market, both within and beyond UOB.. Read more at straitstimes.com. ( read original story ...)
Southeast Asia IPO proceeds buck downtrend to hit US$6.4bil as of mid-Nov
KUALA LUMPUR: Total initial public offering (IPO) activity across Southeast Asia as of mid-November this year bucked the overall downward trend to inch up to pre-COVID-19 levels, with US$6.44 billion ... ( read original story ...)