The IPO market has been booming since last year ... s manufacturing facilities in 2009 and later combined them with Singapore’s Chartered Semiconductor Manufacturing Ltd. With factories in ... ( read original story ...)
Exclusive | Getting ready for IPO, but no timeline yet: Pine Labs CEO Amrish Rau
"I am not a believer in talking about IPOs beforehand but I certainly want to understand ... in South East Asia and have partnered with banks in Malaysia, Indonesia, and Singapore. We will step up ... ( read original story ...)
Fitch Revises Outlook on OCBC Wing Hang Bank’s IDR to Stable; Affirms at ‘AA-‘
The rating actions follow the affirmation of Singapore-based ultimate parent Oversea-Chinese Banking Corporation Limited's (OCBC) Long-Term IDR at 'AA-'. The Outlook follows a similar revision at OCBC ... ( read original story ...)
Singapore: MAS expected to hold rates this month – UOB
Economist at UOB Group Lee Sue Ann sees the Monetary Authority of Singapore leaving the monetary conditions unchanged at its April meeting. “MAS’ tone in its October’s MAS Monetary Policy Statement ... ( read original story ...)
GloFo to IPO at a $20bn valuation
Preparations are going ahead for a $20 billion IPO of Globalfoundries, reports Bloomberg. GloFo’s owner, the sovereign wealth fund Mubadala Investment Co o ... ( read original story ...)
Fitch Revises Outlook on SCB Vietnam to Positive; Affirms at ‘BB’
Fitch Ratings - Singapore - 08 Apr 2021: Fitch Ratings has revised the Outlook on the Long-Term Issuer Default Rating (IDR) of Standard Chartered Bank (Vietnam) Limited (SCBVL) to Positive, from ... ( read original story ...)
UOB finance head Eric Lim named bank’s first chief sustainability officer
UOB has appointed Eric Lim as its first chief sustainability officer (CSO) to lead a dedicated corporate sustainability office focused on achieving the bank's green goals.. Read more at ... ( read original story ...)
Fitch Rates UOB’s First Sustainability Bonds
The notes will be issued on 14 April 2021 under UOB's USD15 billion global medium-term note programme. The proceeds of the bonds will be channelled to eligible green and social bond projects specified ... ( read original story ...)
60% of property loan customers drawn to SORA-based interest rates stability: UOB
Singapore consumers and corporates appreciate the stability of Singapore Overnight Rate Average (SORA)-based interest rates, according to a recent United Overseas Bank (UOB) survey. as over six in 10 ... ( read original story ...)
UOB appoints new chief sustainability officer
Singapore’s UOB has appointed Eric Lim as its chief sustainability officer, a newly created position to support the bank’s focus on ESG, which got a fresh impetus this week with the sale of the lender ... ( read original story ...)
UOB prices Singapore’s first sustainability bond
United Overseas Bank (UOB) on April 7 priced a dual-tranche offering totalling US$1.5 billion, representing the first sustainability bond offering from Singapore and the first dual-tranche senior and ... ( read original story ...)
With work flexibility, Singapore’s DBS Group to cut office space
Banks worldwide are rethinking their use of offices after the health crisis showed that they can still operate effectively with many employees at home. ( read original story ...)
Singapore Stock Market Set To Snap Losing Streak
The Singapore stock market has finished lower in three straight sessions, dropping almost 25 points or 0.8 percent along the way. The Straits Times Index now rests just above the 3,185-point plateau ... ( read original story ...)
Singapore’s Biggest Bank to Cut Office Space in Home Market
(Bloomberg) -- DBS Group Holdings Ltd. is poised to trim office space in Singapore, the latest bank to pare its footprint in the city-state during the coronavirus pandemic. Southeast Asia’s largest ... ( read original story ...)
Singapore deputy PM unexpectedly steps aside as future premier, in succession setback
an economist at CIMB Private Banking. "I always saw Heng as a bridge between the older and newer group of leaders." The Singapore dollar was steady following the announcement on Thursday ... ( read original story ...)
Singapore Finance Chief Bows Out as Prime Minister Successor
There has been a blow to Singapore's long-telegraphed power transition with the man expected to take over the reins from Prime Minister Lee Hsien Loong stepping aside. Juliette Saly reports on ... ( read original story ...)