Singapore's decision to keep most of its economy closed and people at home for another month will lower economic growth and raise job losses, said analysts. ( read original story ...)
DBS expects Singapore’s GDP to shrink by 5.7% this year
Singapore's decision to keep a large segment of its economy closed and many of its residents at home for another month will lower economic growth and raise job losses, said analysts.. Read more at ... ( read original story ...)
Singapore Banks Earnings
Three key themes had been presented amid Covid-19 conditions studying how US banks had performed in the earnings season thus far. They are namely 1) a surge in forward-looking provision in preparation ... ( read original story ...)
Yeo’s Delivers Nutrition Drinks to Support the Singapore Community
Yeo Hiap Seng Group of Companies (Yeo's) is collaborating with the Ng Teng Fong Charitable Foundation, the family foundation of the majority shareholder, to deliver 75,000 cans of H2O to the Alliance ... ( read original story ...)
PhonePe gets $28 million funding from parent Flipkart
PhonePe recently said that it is working with delivery fleets like Swiggy Genie to meet its offline network stores and deliver goods to customers, during the current situation.Flipkart-owned payments ... ( read original story ...)
Singapore Air Treatment Systems Market Analysis, Featuring Dyson, Panasonic and Sharp Corporation
The "2020 Air Treatment Systems Market: Singapore" report has been added to ResearchAndMarkets.com's offering. A comprehensive analysis of the Air Treatment Systems (Air Purifiers) Market in Singapore ... ( read original story ...)
Coronavirus live updates: Singapore preliminarily reports 799 new cases, global numbers above 2.9 million
Total number of coronavirus infection cases around the world was more than 2.96 million and at least 206,265 people have died. ( read original story ...)
Digital Banking: Senior Citizens in Singapore are Increasingly Using Online-only Banks Due to COVID-19 Outbreak
Digital banking: senior citizens in Singapore are increasingly using online-only banks due to COVID-19 outbreak. ( read original story ...)
HSBC, Standard Chartered and other bank results likely hit by bad loan provisions, analysts say
Hong Kong’s biggest banks, including HSBC, Standard Chartered and Bank of China (Hong Kong), are likely to announce larger reserves for bad loans as coronavirus weighs on global economy, according to ... ( read original story ...)
Singapore stock watch: Sembcorp, Biolidics, SIA, Singtel, OCBC, Raffles Medical, SPH
The following companies saw new developments that may affect trading of their securities on Monday (April 27):. Read more at straitstimes.com. ( read original story ...)
OCBC Bank to hold virtual AGM on May 18, investors must pre-register by May 15
OCBC Bank's annual general meeting (AGM) will be held virtually on May 18, the lender told shareholders in an announcement on Sunday morning (April 26).. Read more at straitstimes.com. ( read original story ...)
The US is home to the most DeFi startups, followed by the UK and Singapore
Nearly half of decentralized finance (DeFi) or Open Finance (OFI) startups tracked by The Block are headquartered in the U.S.The post The US is home to the most DeFi startups, followed by the UK and ... ( read original story ...)
Singtel secures $3 billion in bank credit for subsidiaries
Singapore Telecommunications' (Singtel) subsidiaries have secured close to $3 billion in bank credit facilities, it said on Friday. ( read original story ...)
DBS chief: Collective action trumps privacy rights in a pandemic
When DBS, south-east Asia’s largest bank, learnt of our first case of coronavirus back on February 11, we jumped into action. Within an hour of learning that an employee at our Singapore headquarters ... ( read original story ...)
Asia Deal Digest: April 2020
The 50-year trench is the longest dated sovereign bond ever offered by an Asian issuer. Allen & Overy Singapore partner Felipe Duque led the team advising the Indonesian government. New York partner ... ( read original story ...)
Claims mount against Singapore’s Hin Leong
SMBC has an exposure of $140m. The Singapore police this week launched an investigation into Hin Leong after founder Lim Oon Kuin said he had directed the company’s finance department not to disclose ... ( read original story ...)