SGX has one new listing - Aztech Global - as region's exchanges see 200 IPOs raising $46b. Read more at straitstimes.com. ( read original story ...)
SMG’s talks with third party lapse; UOB Kay Hian still rooting for stock
HEALTHCARE services provider Singapore Medical Group (SMG) is no longer in talks with a third party regarding a possible transaction involving ... ( read original story ...)
Best steamboat buffets: Cost and promotions
For more birthday promos, check out our article on Birthday Treats You Need To Take Advantage Of In Singapore. When you pay with a DBS/POSB credit card or debit card, get a $10 return voucher with a ... ( read original story ...)
ThaiBev puts beverage unit IPO in Singapore on ice
Thailand liquor giant Thai Beverage will postpone a proposed initial public offering of its brewery unit, BeerCo, on the Singapore Exchange, the company said Friday, citing a resurgence of coronavirus ... ( read original story ...)
Citibank: Why one of the world’s largest and most iconic banks is wrapping up its retail business in India
While the bank's exit from its consumer banking business in the country is part of the group's plan to utilise capital resources better, it is also reflective of the intense competition foreign banks ... ( read original story ...)
Citibank exits 13 consumer banking markets globally including China, Australia & Malaysia
Europe and Asia. Retail banking consumers within these countries will face the shut down of their Citibank credit cards, saving bank accounts and personal loans according to The Economic Times. ( read original story ...)
Banking sector stays sound, despite Citibank’s exit
The Malaysian banking industry is expected to remain sound and robust despite Citigroup Inc’s intention to exit the country, and 12 other markets. The 12 other affected consumer franchises are in ... ( read original story ...)
What does CitiBank’s exit from retail business mean for its rivals in India?
Even CitiBank India employees do not have much clue on why the global management decided to exit the consumer business, something Citi was well connected with for over a century. ( read original story ...)
Get loan approved before shopping for a car with OCBC’s new initiative
The bank uses a secured data portal to assess eligibility and determine the loan amount in a minute.. Read more at straitstimes.com. ( read original story ...)
Coal Loans to Keep Singapore’s DBS Tied to The Fuel Until 2039
DBS Group Holdings Ltd. said it will maintain exposure to the coal sector until 2039, by which time its loans to mining and generation companies using the dirtiest fossil fuel will be repaid. ( read original story ...)
DBS Bank to end thermal coal financing by 2039
The pledge makes it the first Singapore bank to commit to a zero coal exposure target. Experts praised the announcement, but highlighted the climate legacy the lender’s coal funding will leave behind. ( read original story ...)
Will the Darktrace IPO race out of the blocks?
UK cyber security company Darktrace has announced its intention to list in London in the coming weeks. Read our preview. ( read original story ...)
Singapore’s largest bank aims for zero thermal coal exposure by 2039
Piyush Gupta, chief executive of Singapore's DBS Group Holdings, says the bank will immediately stop taking on new clients that derive more than 25% of their revenue from thermal coal. ( read original story ...)
CEO of major Asian bank shares the difficulty in detecting ‘greenwashing’ among clients
Piyush Gupta of Singapore's DBS Group Holdings says the bank in many instances relies on clients to disclose their activity, and employ third-party auditors to check on customers. Got a confidential ... ( read original story ...)
Light at the end of the tunnel? Singapore to maintain 5.8% GDP growth forecast
The threat of of COVID-19 variants attacking key trading partners may still weaken recovery, advises Fitch. Singapore continues to recover from its 5.2% contraction in 2020, as Fitch Solutions ... ( read original story ...)
Citibank to exit consumer business in India and 12 other markets across Asia, Europe
The bank will instead operate its consumer-banking franchise from four wealth centers in Singapore, Hong Kong, the United Arab Emirates and London, it said Thursday in a statement. ( read original story ...)