Ayala-led Bank of the Philippine Islands has expressed interest in the retail banking business of Citigroup Inc., a move that would double its consumer banking business. ( read original story ...)
DBS, Contour expand trade finance offerings to four Asia Pacific markets
DBS has expanded its offerings on Contour’s trade finance network to corporate clients in Singapore, China, Hong Kong and Australia, an announcement read. DBS was the first Singapore-based bank to ... ( read original story ...)
To commemorate 200th year, SGH doctors and staff to raise funds for patients at OCBC Cycle 2021
Doctors and staff from General Hospital will take part in OCBC Cycle 2021 to raise funds for needy patients amid SGH's 200th anniversary. ( read original story ...)
Mapletree exploring US$1 billion student housing Reit IPO in Singapore
Mapletree Investments, a property developer and manager, is exploring listing a student housing real estate investment trust (Reit) in Singapore that could raise about US$1 billion (S$1.33 billion), ... ( read original story ...)
Mapletree Explores $1 Billion Student Housing REIT IPO
Mapletree Investments Pte, a property developer and manager, is exploring listing a student housing real estate investment trust in Singapore that could raise about $1 billion, according to people ... ( read original story ...)
Better earnings seen ahead of Singapore banks’ results: report
Signs of improved earnings momentum from better net interest margins (NIM), loan growth, wealth and trading income should be expected ahead of Singapore banks’ trading updates, a Maybank Kim Eng ... ( read original story ...)
Future-proofing businesses through sustainable finance
SINGAPORE - Even as businesses were struggling to stay afloat amid the coronavirus pandemic last year, Mr Mike Ng did not waver from advocating that companies incorporate sustainability into their ... ( read original story ...)
Standard Chartered Joins an industry initiative to reduce carbon emissions in the shipping sector
Standard Chartered announced today that it has become a signatory to the Poseidon Principles, a global framework that aims to align carbon emissions in the shipping industry with the international ... ( read original story ...)
Singapore’s Temasek joins $80m round of Indonesian healthtech firm Halodoc
The fresh funding will be used to expand its services in key healthcare verticals and improve the patient experience of its app. ( read original story ...)
DBS, Standard Chartered among potential bidders for Citi’s Asia consumer business
SINGAPORE: Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to bid for parts of Citigroup’s ... ( read original story ...)
US FX Report: No currency manipulators so far – UOB
Senior Economist at UOB Group Alvin Liew reviews the latest US FX Report for the month of April. Key Quotes “Under the Biden administration and US Treasury Secretary Yellen, the ... ( read original story ...)
Competition from Digital Rivals Manageable for Singapore Banks
Fitch Ratings believes disclosures made by Singapore’s Grab Holdings as part of its planned US listing via a spec ... ( read original story ...)
Businessman in one of Singapore’s largest fraud cases faces five new cheating charges involving S$8.8m
The former managing director of commodities trader Envy Global Trading, who is alleged to be behind one of the largest financial fraud cases here, was charged yesterday with five more cheating ... ( read original story ...)
Singapore Bourse May Take Additional Damage On Wednesday
The Singapore stock market on Tuesday snapped the three-day winning streak in which it had risen almost 35 points or 1.1 percent. The Straits Times Index now rests just above the 3,190-point plateau ... ( read original story ...)
P72.45-B Monde Nissin IPO gets SEC nod
The Securities and Exchange Commission (SEC) has cleared the P72.45-billion initial public offering (IPO) planned by food manufacturing giant Monde Nissin Corp., paving the way for what could be the ... ( read original story ...)
Indonesian gold miner Archi postpones $500 million IPO
The gold miner, a unit of Indonesian conglomerate Rajawali Group, made the decision after gauging demand for the Jakarta IPO last month ... ( read original story ...)