Analysts from CGS-CIMB Research, RHB Group Research and UOB Kay Hian have kept their “overweight” recommendations on the Singapore banking sector after the banks posted “decent” results for the ... ( read original story ...)
A close look at Singapore’s thriving startup ecosystem
Singapore is home to fewer than six million people, making it one of the smallest ASEAN countries, in terms of population. It is a young country as well — having gained independence in 1963. ( read original story ...)
COMMENT: Singapore’s social divisions aren’t so clear cut
The role of foreigners in Singapore's economy has been scrutinised amid the pandemic, yet class anxieties may be the country's bigger pressure point. ( read original story ...)
Ex-L Catterton Asia Chief Thakran Said to Explore Singapore SPAC
Turmeric Capital, an investment firm led by former L Catterton Asia head Ravi Thakran, is exploring listing a special purpose acquisition company in Singapore, according to people with knowledge of ... ( read original story ...)
Singapore Raises 2021 GDP Estimate, Now Expects 6%-7% Growth
Singapore’s economy is set to expand at a faster clip than the government previously expected as the city-state shakes off an uptick in virus cases and looks to re-open more sectors through ... ( read original story ...)
Singapore Upgrades 2021 GDP Outlook as Vaccinations Gain Pace
Singapore's bellwether economy expanded more than initially estimated in the second quarter and the government raised its forecast for 2021 as COVID-19 vaccinations progressed at home and in other key ... ( read original story ...)
How to Write a Cheque & Deposit One in Singapore: Step-By-Step Guide
Despite the convenience of PayNow, GrabPay, FavePay, and the countless payment apps that make our lives easier, there are still people and organisations that don’t accept online or credit card ... ( read original story ...)
A workshop on sustainable finance
Capital Market Development Council, Bangko Sentral ng Pilipinas (BSP), Insurance Commission (IC) and the Asian Development Bank ... ( read original story ...)
No Immediate Rating Impact from SCBS’s Proposed Reorganisation
The proposed organisational restructuring which would combine Standard Chartered group's south-east Asian operat ... ( read original story ...)
Temasek Plans Singapore’s Longest-Ever Bond With 50-Year Note
Singapore is poised for the longest-ever bond sale in its credit market as Temasek Holdings Pte markets a 50-year security, adding to a growing list of borrowers globally locking in financing costs ... ( read original story ...)
5 lenders including HDFC Bank, Kotak in race for Citi India’s retail business
Four top local lenders, including HDFC Bank and Kotak Mahindra Bank, and the Singapore-based DBS Bank have emerged as the top five contenders to take over Citi Indias estimated $2-billion retail ... ( read original story ...)
Five Banks, Including HDFC & Singapore-Based DBS, In Fray For Citi India’s Retail Business
The Economic Times, which mentioned this in a report, cited top banking sources as saying that Kotak Mahindra, HDFC and DBS are considered favourites to grab the franchise. ( read original story ...)
Fitch affirms Glenmark Pharmaceuticals at BB on IPO
Fitch Ratings has affirmed Glenmark Pharmaceuticals Ltd long-term issuer default rating at BB after its active pharmaceutical ingredient API business comple ... ( read original story ...)
Singapore’s GIC invested an additional $94m into Bukalapak before its IPO
Bukalapak’s stock rose almost 25% to US$0.074 apiece on its IPO debut, but went down to US$0.072 in today’s trading session. ( read original story ...)
mm2 Asia to pursue Kingsmead transaction and cinema IPO options in parallel
The proposed sale process of mm2 Asia's cinema business will run in parallel with its runway toward listing it on the Singapore Exchange's Catalist board, the company said on Tuesday (August 10). In a ... ( read original story ...)
Top 10 Fintech and Insurtech Innovation Labs in Singapore to Check Out in 2021
Singapore, which has set out to become one of the leading fintech hubs in the world, has witnessed the establishment of dozens of innovations labs in recent years as banks and foreign tech firms are ... ( read original story ...)