Once focussed on corporate banking, DBS Bank India will now compete with larger retail-focussed banks and acquire more business by integrating with the businesses of traditional small business lender ... ( read original story ...)
DBS looks to Lakshmi Vilas Bank customers to widen deposit, lending base
CEO Surojit Shome said the bank plans to expand retail assets led by loan against gold and loans to small businesses that are currently serviced by LVB's branches. More importantly, DBS plans to ... ( read original story ...)
Singapore High Commissioner , says companies keen to invest in Telangana
Hyderabad: The Singapore High Commissioner Simon Wong met Industries Minister KT Rama Rao at Pragathi Bhavan here on Tuesday. He said there were many ..|News Track ... ( read original story ...)
SGX Nifty down 50 points; here’s what changed for market while you were sleeping
Asian markets opened lower on Wednesday, tracking fall in US markets overnight, as investors weighed how a jump in US inflation data would affect monetary policy. MSCI's broadest index of Asia-Pacific ... ( read original story ...)
Stock Market Today: SGX Nifty drops 50 points, Asian markets fall amid rise in US CPI inflation; all eyes on Zomato IPO
Zomato's much-awaited IPO will open for subscription today. The online food delivery and restaurant discovery platform raised Rs 4,197 crore from 186 anchor investors on Tuesday ahead of IPO opening. ( read original story ...)
Singapore economy to get back on track after Q2 stumble
Singapore’s economy contracted in the second quarter after battling new outbreaks of COVID-19 but economists expect it to get back on track quickly as global growth picks up and vaccination rates rise ... ( read original story ...)
Singapore leads the next megatrend in markets
It says a lot about Australia’s lack of leadership in digital finance that entrepreneur Julian Kwan is based in Singapore, where his tokenised securities trading platform is licensed by the country’s ... ( read original story ...)
Zomato raises Rs 4,200 cr pre-IPO from Tiger Global, JP Morgan, Goldman Sachs, other anchor investors
Zomato, the online food delivery behemoth, has managed to raise Rs 4,196 crore from a total of 186 anchor investors just ahead of its initial public offering (IPO) which opens today. ( read original story ...)
Singapore economy grows 14.3% in Q2, rebounding from worst of Covid-19 fallout: Flash data
SINGAPORE - The Singapore economy grew at a record pace in ... Meanwhile, the information and communications, finance and insurance and professional service sectors collectively expanded by 7.8 per ... ( read original story ...)
SG robo-advisor Syfe closes $30m Series B round led by Valar Ventures
Valar Ventures is pumping nearly $22.5 million into this round, according to an ACRA filing seen by DealStreetAsia - DATA VANTAGE. ( read original story ...)
How To Calculate Overtime Pay For Your Employees During The Month
Employees in Singapore work some of the longest hours. In MOM’s recent Labour Force in Singapore 2020 report, this was tabulated at 45.4 hours per week. Part IV of Singapore Employment Act stipulates ... ( read original story ...)
KTR proposes ‘Singapore hub’ to woo investors
He also told the minister that he had received positive feedback about the business climate in Telangana from companies like DBS who had already invested here. He said Singapore companies were keen to ... ( read original story ...)
S’pore shares extend rally on China data, Wall Street gains
Singapore shares extended their gains for the third consecutive day yesterday as sentiments in the region were buoyed by strong data out of China and robust overnight gains on Wall Street ahead of key ... ( read original story ...)
Fitch Affirms Standard Chartered PLC’s ‘A’ IDR; Negative Outlook
Fitch Ratings has affirmed Standard Chartered PLC's (Standard Chartered) and Standard Chartered Bank's (SCB) Long-Ter ... ( read original story ...)
Singapore shares extend rally on China data, Wall Street gains
Singapore shares extended its gains for the third consecutive day on Tuesday as sentiments in the region were buoyed by strong data out of China and robust overnight gains on Wall Street ahead of key ... ( read original story ...)
Singapore, Indonesia firms band together to help in Indonesia’s COVID-19 battle
Businesses in Singapore and Indonesia are joining hands to support Indonesia’s fight against Covid-19, as infections there hit a new daily record high on Monday (July ... ( read original story ...)