Barnabas Gan, Economist at UOB Group, reviewed the recent results from the industrial sector in Singapore. Key Quotes “Singapore’s industrial production disappointed market ex ... ( read original story ...)
Singapore: Inflation predicted to remain subdued in 2020 – UOB
Economist at UOB Group Barnabas Gan assessed the inflation outlook for Singapore for the current year. Key Quotes “Singapore’s consumer prices fell 0.4% y/y (-0.3% m/m nsa) in ... ( read original story ...)
AIP, Tokyu Land Plan REIT IPO for Australian Properties
Any deal would add to the $4.1 billion of property trust IPOs in Singapore over the last three years, data compiled by Bloomberg show. So far this year, the city-state has hosted two REIT listings ... ( read original story ...)
Singapore factory output shrinks 8.4% on further biomed declines
Factory output has racked up its third straight month of contraction on the back of further declines in the volatile biomedical sector.. Read more at straitstimes.com. ( read original story ...)
Ant Group’s mega IPO will reward staff and early investors, including the businesses of two of Hong Kong’s wealthiest families
The Lis and Tungs invested in Ant Group in the fintech company’s US$14 billion private-equity funding round in 2018 before it filed its dual-listing application on Shanghai’s Star Market and in Hong ... ( read original story ...)
Brazil’s Rede D’Or hires banks for IPO, seeks to raise up to $2.72 bln -newspaper
Brazilian hospital group Rede D’Or São Luiz has hired banks for a proposed initial public offering (IPO), the Valor Econômico newspaper reported on Wednesday citing two unnamed sources. SAO PAULO, Aug ... ( read original story ...)
Best UOB Credit Cards In Singapore (2020)
With credit cards that promise the most generous rebates, take you on YOLO escapades and turn you into a privy traveller, UOB has no lack of artillery to help you get more out of life. As one of the ... ( read original story ...)
UBS says the Singapore market is currently ‘undervalued’
Singapore's market has "done really badly" so far this year and there is currently "a lot of value" in some of its stocks, says Kelvin Tay of UBS Global Wealth Management. ( read original story ...)
Ant Group files for IPOs in Hong Kong and Shanghai
Ant plans to raise more than US$20 billion from the dual listing, which could even reach US$30 billion if market conditions allow. ( read original story ...)
Singapore’s market is ‘undervalued’ at the moment, says UBS
Singapore's Straits Times Index is among Asia's worst performing indexes so far in 2020. It is still down more than 21% year to date as of Wednesday afternoon Singapore time, according to Refinitiv ... ( read original story ...)
Banking-related phishing scams spike more than 2,500% in first half of 2020
SINGAPORE: The total number of banking-related phishing scams increased by more than 2,500 per cent in the first half of this year to 898 cases, ... ( read original story ...)
Finance professionals say Singapore firms face cash flow problems from Covid-19 demand hit: Survey
Finance professionals expect a slow return to normal from the impact of the coronavirus-induced recession, according to a survey by the Association of Certified Chartered Accountants (ACCA) Singapore. ( read original story ...)
Singapore Stock Market May Pick Up Additional Support
The Singapore stock market has ticked higher in consecutive trading days, gathering almost a dozen points or 0.5 percent along the way. The Straits Times Index now rests just beneath the 2,540 ... ( read original story ...)
China’s Nongfu Spring to raise $1.1 billion in Hong Kong IPO
Chinese drinks maker Nongfu Spring will raise up to $1.08 billion by pricing its shares between HK$19.50 to HK$21.50 ($2.52 to $2.77) in its Hong Kong initial public offering, according to ... ( read original story ...)
Nongfu Seeks $1.1 Billion in Year’s Second Biggest F&B IPO
China bottled water giant Nongfu Spring Co. is seeking to raise as much as HK$8.35 billion ($1.1 billion) in what could be the world’s second biggest initial public offering by a food and beverage ... ( read original story ...)
Singapore Marathon to go virtual in 2020
Standard Chartered Singapore Marathon will move its 2020 event to a virtual format, race organisers announced in a statement on Monday. The IRONMAN Group, the race's organiser, launched a virtual ... ( read original story ...)