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Tag: finance

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 ...)

Posted on 11/08/2021

Singapore Upgrades 2021 GDP Outlook as Vaccinations Gain Pace

Singapore's bellwether economy expanded more than initially estimated in the second quarter and the government raised its forecast for 2021 as COVID-19 vaccinations progressed at home and in other key ... ( read original story ...)

Posted on 11/08/2021

How to Write a Cheque & Deposit One in Singapore: Step-By-Step Guide

Despite the convenience of PayNow, GrabPay, FavePay, and the countless payment apps that make our lives easier, there are still people and organisations that don’t accept online or credit card ... ( read original story ...)

Posted on 11/08/2021

A workshop on sustainable finance

Capital Market Development Council, Bangko Sentral ng Pilipinas (BSP), Insurance Commission (IC) and the Asian Development Bank ... ( read original story ...)

Posted on 11/08/2021

No Immediate Rating Impact from SCBS’s Proposed Reorganisation

The proposed organisational restructuring which would combine Standard Chartered group's south-east Asian operat ... ( read original story ...)

Posted on 10/08/2021

Temasek Plans Singapore’s Longest-Ever Bond With 50-Year Note

Singapore is poised for the longest-ever bond sale in its credit market as Temasek Holdings Pte markets a 50-year security, adding to a growing list of borrowers globally locking in financing costs ... ( read original story ...)

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