The Monetary Authority of Singapore (“MAS”) is consulting on proposed notices to licensed banks and approved merchant banks (together, “banks”) on their management of outsourced relevant services ... ( read original story ...)
Temasek-backed Sunseap seeks to raise $445m in Singapore IPO
Sunseap, backed by Thai energy firm Banpu Pcl, is the largest clean energy solutions provider in Singapore, according to its website. ( read original story ...)
Singapore’s #dtledgers raises $7 million; pivots to R3 Corda
Singapore-based fintech firm, #dltledgers, has completed a Series A funding round led by Regus and Savoy Capital, Vittal, Walden International and various veteran industry leaders. The Series A ... ( read original story ...)
Hybrid sports events blending virtual, physical races here to stay, says SportSG chief
SINGAPORE - Organisers of sports events in Singapore have had to pivot and look at ways to stage their events virtually owing to the Covid-19 pandemic emptying out the calendar.. Read more at ... ( read original story ...)
Outgoing OCBC CEO Samuel Tsien to be adviser to bank’s board upon retirement
OCBC's outgoing group chief executive officer (CEO) Samuel Tsien will be appointed as adviser to the board upon his retirement as director and CEO, the bank said in a regulatory filing on Thursday ... ( read original story ...)
OCBC Cycle 2021 to feature first road races in Singapore since COVID-19 pandemic
Cycling enthusiasts in Singapore will get the opportunity to race on the roads again, as OCBC Cycle 2021 will feature road races for the first time since the COVID-19 pandemic. ( read original story ...)
CIMB Singapore laying off staff, closing Orchard Road branch as part of restructuring
SINGAPORE - CIMB Singapore will lay off staff and shut its branch in Orchard Road as part of a restructuring exercise, following a review of its business, The Business Times reported. CIMB Singapore's ... ( read original story ...)
OCBC Cycle Speedway Women’s Championship to finally make its debut this year
SINGAPORE - Having cycled together for over a year, triathlon coach Charlene Tang and her friends decided to form a team to take part in the inaugural OCBC Cycle Speedway Women's Championship last ... ( read original story ...)
Singapore stocks end up 0.27 pct on Thursday
SINGAPORE, March 25 (Xinhua ... It obtained a 250 million U.S. dollar unsecured sustainability-linked loan from the DBS and OCBC banks, with both banks acting as sustainability advisors for the ... ( read original story ...)
Amazon’s Clean Energy Provider in Singapore Weighing IPO
Sunseap Group Pte, a Singapore renewable energy firm, is weighing an initial public offering in the city-state that could raise as much as S$600 million ($445 million), according to people with ... ( read original story ...)
DBS offers free Covid-19 vaccine insurance to customers
DBS/POSB customers can get free coverage for unexpected complications from the vaccine.. Read more at straitstimes.com. ( read original story ...)
Hony Capital-backed SPAC looks to raise $300 mln in U.S. IPO
A blank-check firm backed by Hony Capital, which has investments in TikTok owner ByteDance and WeWork's China unit, is aiming to raise $300 million in an U.S. initial public offering, according to a ... ( read original story ...)
UPDATE 3-TikTok owner ByteDance hires CFO in a step towards IPO
TikTok owner ByteDance has hired Xiaomi executive Shou Zi Chew for a newly created role as chief finance officer, in a sign that the tech company is moving towards a much-anticipated initial public ... ( read original story ...)
DBS surrenders Hong Kong office space
DBS Group Holdings Ltd is set to join UBS Group AG and other global banks giving up office space in pricey Hong Kong with so many employees still working from home. ( read original story ...)
TikTok owner ByteDance hires CFO in a step towards IPO
TikTok owner ByteDance has hired Xiaomi executive Shou Zi Chew for a newly created role as chief finance officer, in a sign that the tech company is moving towards a much-anticipated initial public ... ( read original story ...)
ByteDance Hires Xiaomi Executive as CFO While It Weighs IPO
ByteDance Ltd. hired Xiaomi Corp.’s Chew Shou Zi as its chief financial officer, fueling speculation over the social media giant’s plans to go public. ( read original story ...)