MUMBAI: Sembcorp Energy, an independent power producer that is promoted by Singapore-based Sembcorp Industries, on Friday filed a draft prospectus with markets regulator Sebi for an IPO that could mobilize in the upwards of Rs 5,000 crore. According to the ... ( read original story ...)
Why Singapore is the Top Immigration Destination
Singapore’s popularity is not just based on assumption. Singapore was actually named the best place to settle for immigrants in the world by the HSBC Expat Explorer for the third year in a row! This particular survey questioned over 27,000 expats across ... ( read original story ...)
Sembcorp Industries Plans India Unit IPO, Asset Sale
... initial public offering of its Indian power unit and said it plans to raise 500 million Singapore dollars (US$379 million) more selling some other assets. The IPO of Sembcorp Energy India Ltd. will help grow its Indian business, Sembcorp said, adding ... ( read original story ...)
OCBC Bank Singapore to Launch Siri Voice-Powered Conversational Banking
OCBC Bank says it is the first bank in Singapore to enable its customers to do their day-to-day banking and make cashless payments using just their voices. OCBC Bank’s retail banking customers are now able to check their bank account balances ... ( read original story ...)
OCBC Customers Can Now Check Bank Balances And Make E-Payments With A Simple “Hey, Siri”
As Singapore ramps up its Smart Nation ambitions with e-payments as a key thrust, OCBC Bank has been consistently upping its game to make mobile payments more integrated, convenient and secure. OCBC Bank launched voice-powered conversational banking today ... ( read original story ...)
UOB shares ‘timeless values’ through spot with BBH Singapore
UOB has released its latest films, which looks to build on the brand’s “timeless values”. The two new commercials aim to communicate simple yet thought-provoking stories where values and relationships are put to the test. The campaign was created by ... ( read original story ...)
Singapore Will Levy a Flat Carbon Tax on Companies Starting Next Year
Singapore will begin levying a carbon tax starting in 2019 in an effort to reduce the country’s greenhouse gas emissions and help make companies there more competitive. Finance minister Heng Swee Keat announced that facilities across all sectors that ... ( read original story ...)
Standard Chartered : Bank – 51OX Consolidation Announcement
Standard Chartered to fully consolidate its business in Singapore into its locally incorporated subsidiary - Move underscores the Bank's continued commitment to Singapore Standard Chartered Bank (the 'Bank') has announced its intention to fully consolidate ... ( read original story ...)
Singapore Shares May Open Under Pressure On Thursday
The Singapore stock market moved higher again on Wednesday, one session after it had snapped the two-day winning streak in which it had collected more than 85 points or 2.4 percent. The Straits Times Index now rests just above the 3,515-point plateau ... ( read original story ...)
Standard Chartered’s Singapore-based operations to merge with local unit
This will triple its assets and add its large banking businesses. Standard Chartered will transfer its commercial banking, corporate & institutional banking and private banking businesses, which are operating in Singapore, to its local unit Standard ... ( read original story ...)
UOB diversifies covered bond investor base with first sterling issue
SINGAPORE lender United Overseas Bank (UOB) returned to the covered bond market for the second time this year – this time further diversifying its investor base when it debuted in the sterling market with a 350-million-sterling (US$486 million ... ( read original story ...)
StanChart transfers rest of Singapore operations to locally incorporated unit
SINGAPORE - Standard Chartered Bank (StanChart) announced on Thursday (Feb 22) it will fully consolidate its business operations in Singapore into its locally incoporated subsidiary, highlighting, it said, the country's importance as a strategic hub and ... ( read original story ...)
Migrant Workers’ Centre, POSB roll out new membership scheme for migrant workers
SINGAPORE - A free membership programme that offers migrant workers benefits in banking, remittances and other services was rolled out on Thursday (Feb 22). In a joint release, the Migrant Workers' Centre (MWC) and POSB said members can look forward to ... ( read original story ...)
Singapore Bourse May Open Under Pressure On Tuesday
The Singapore stock market has moved higher in back-to-back trading days, gathering more than 85 points or 2.4 percent along the way. The Straits Times Index now rests just beneath the 3,490-point plateau although the market may spin its wheels on Tuesday. ( read original story ...)
Singapore’s GIC says Japan must improve corporate governance
"While over 80% of firms listed on the Tokyo Stock Exchange's First ... advantage of that for bigger market shares and new products. We are encouraged by this as a global investor." GIC was established in 1981 to manage Singapore's foreign reserves. ( read original story ...)
IPO To Drive Financial Inclusion Ambitions of AND Global’s Mongolian Subsidiary, LendMN
Singapore registered fintech startup AND Global today announces the upcoming initial public offering (IPO) of its Mongolian subsidiary LendMN, a smartphone-based instant lending service provider. The IPO will launch on February 20, 2018 on the Mongolian ... ( read original story ...)