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Tag: finance

Posted on 20/02/2021

DBS Faces Lawsuits in India Post-Takeover of Lakshmi Vilas Bank

DBS Group Holdings Ltd., Southeast Asia’s largest lender, said it’s facing lawsuits in India related to its recent takeover of a struggling local bank. ( read original story ...)

Posted on 20/02/2021

Why the rise of Singapore’s tech giant Sea has been a hot topic

What began as a modest gaming firm has grown into a US$137 billion behemoth with e-commerce and digital payment ambitions. Will this unicorn’s fairy tale rise have a happy ending? ( read original story ...)

Posted on 20/02/2021

Former UOB V-P accused of multiple offences including misappropriating more than $5m

SINGAPORE - A former vice-president at UOB has been hauled to a district court after he allegedly misappropriated cash totalling more than $5.3 million while he was holding the position. Ling Shek Lun ... ( read original story ...)

Posted on 19/02/2021

UOB and SBF to connect Singapore companies to cross-border opportunities

United Overseas Bank (UOB) announced that it is stepping up its efforts to help more Singapore companies seize cross-border opportunities. ( read original story ...)

Posted on 19/02/2021

Philippines set to take rare, top spot for IPOs in Southeast Asia

A clutch of Philippine firms, including newly launched real estate investment trusts (REITs), could make the country Southeast Asia's biggest IPO market this year, driven by attractive valuations and ... ( read original story ...)

Posted on 19/02/2021

Emerging stronger together: 8 winners (and non-winners) from the Singapore Budget 2021

The Singapore Budget 2021 was announced yesterday in parliament by Deputy Prime Minister and Finance Minister Heng Swee Keat.Despite the budget’s theme of “Emerging Stronger Together,” as with every ... ( read original story ...)

Posted on 19/02/2021

Cilic, Mannarino Seek Singapore Success: All You Need To Know

All about the ATP Tour's first tennis tournament in Singapore in 22 years, the Singapore Tennis Open, featuring Adrian Mannarino, John Millman and Marin Cilic. ( read original story ...)

Posted on 19/02/2021

Singapore May List Blank-Check Companies, Or SPACs, This Year

The Singapore Exchange, a major stock market in Asia, has reportedly been considering the idea of listing blank-check companies. ( read original story ...)

Posted on 19/02/2021

RailTel IPO subscribed 42 times on last day

Analysts said RailTel is a debt-free company and pays consistent dividends and, thus, could witness some traction. But there are a few red flags for long-term investors. ( read original story ...)

Posted on 18/02/2021

Singapore’s push for green infrastructure bonds will spur private sector into action, say experts

SINGAPORE: Singapore's plan to fund infrastructure projects with green bonds is set to "spur" the private sector into action, paving the way for a ... ( read original story ...)

Posted on 18/02/2021

New Norm 2021: Do You Know What It Takes to Buy A Home in Singapore This Year?

Last year (2020) saw us battling with Covid-19, circuit breaker, job insecurity, cashflow fears, recession and who knows what else. As a result, some of us may have put big plans on hold, such as ... ( read original story ...)

Posted on 18/02/2021

Tennis: Top local Shaheed Alam given wildcard for Singapore Open qualifiers

SINGAPORE - Having featured in the 2015 SEA Games and 2019 Davis Cup on home soil, Shaheed Alam is no stranger to big tennis matches in front of a home crowd. But Singapore's highest-ranked ATP player ... ( read original story ...)

Posted on 18/02/2021

Three teens and one 20-year-old arrested for Feb 16 Simei slashing incident

Singapore—On Tuesday (Feb 16), the Police received an alert concerning a slashing incident along Simei Avenue at around 1.15pm. One man had been assaulted af ... ( read original story ...)

Posted on 18/02/2021

Singapore: 2020 Budget deficit rose to record high – UOB

Economist at UOB Group Barnabas Gan reviews the budget figures in Singapore for this year. Key Quotes “For FY2020, the Finance Ministry is expecting an overall budget deficit of ... ( read original story ...)

Posted on 18/02/2021

EXCLUSIVE-Oil trader GP Global APAC seeks debt moratorium in Singapore

Oil trader GP Global APAC Pte Ltd has applied to the Singapore High Court for a six-month debt moratorium as its parent company seeks to restructure more than $1 billion dollars in debt, according to ... ( read original story ...)

Posted on 18/02/2021

Singapore Exchange Hopes to List SPACs as Early as This Year

SPACs could be a way to revive investor interest in Singapore’s stock market. The bourse has struggled to attract big-ticket IPOs over the past few years particularly in hot sectors such as technology ... ( read original story ...)

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