It will invest at least US$5 million in each company across consumer, education, and healthcare, among others. ( read original story ...)
DBS Aims to Manage $10 Billion of Family Office Assets by 2025
Singapore’s DBS Group Holdings Ltd. is seeing a surge in accounts for family offices and expects to have more than $10 billion in related assets under management by 2025. ( read original story ...)
Hong Kong and Singapore Will Soon Have a Quarantine-Free Travel Bubble
“Hong Kong and Singapore are similar in terms of epidemic control. Both are regional aviation hubs and international cities, enjoying strong trade, investment, finance, tourism and people-to-people ... ( read original story ...)
German deaths rise, HK-Singapore in bubble
Singapore and Hong Kong plan to allow their residents to visit without entering quarantine while Chinese officials say the country can avoid new COVID-19 cases. ( read original story ...)
Online shopping discounts for DBS/POSB Cardmembers
Make use of these exclusive online shopping discounts for DBS/POSB Cardmembers, including huge 11.11 promos for fashion, furniture and tech. ( read original story ...)
The Finance 202: Trump’s ‘crash’ call goes bust: Stocks surge on vaccine breakthrough, Biden win
President Trump warned stocks would crash if Joe Biden won the presidency. Instead, in the first trading session since Biden sealed his victory, they rocketed to near-record highs. Follow the latest ... ( read original story ...)
OCBC Cycle: 11 attempt ‘Everesting’ challenge, bid to raise money for ST School Pocket Money Fund
Like 4,700 others, Adrian Staiti and 10 colleagues from global sports and entertainment agency Sportfive are participating in The OCBC Cycle 2020 Virtual Ride, which ends on Sunday (Nov 15).. Read ... ( read original story ...)
Suspension of Ant’s IPO could slash value by $188b
HONG KONG • China's move to halt Ant Group's massive stock debut could reduce the fintech giant's value by as much as US$140 billion (S$188 billion), according to analysts' revised estimates.. Read ... ( read original story ...)
Commentary: Winds in the Singapore economy sails are starting to stir
The worst may be over for the Singapore economy. Even though it contracted a milder 7 per cent year-on-year in the third quarter of 2020, the economy rebounded a seasonally-adjusted 7.9 per cent from ... ( read original story ...)
5 interesting aspects of OCBC’s quarterly earnings that investors should know
OCBC Ltd is the final major bank to release its quarterly earnings, after DBS Group Holdings Ltd and United Overseas Bank Ltd.Investors are closely watching the numbers for all three banks to identify ... ( read original story ...)
Stalled IPO seen cutting Ant Group value by $140 billion
China's move to halt Ant Group Co.'s massive stock debut could reduce the fintech giant's value by as much as $140 billion, according to analysts' revised estimates. New regulations that could force ... ( read original story ...)
Singapore Airlines confident of having ‘very strong liquidity’ as it explores new sources of funds to tide through COVID-19: CEO
SINGAPORE: Singapore Airlines (SIA) is stepping up efforts to seek fresh sources of funds and it is confident that it will have “very strong ... ( read original story ...)
Monetary Authority of Singapore Launches $18.6 Million Productivity Solutions Grant for Financial Services Sector
Monetary Authority of Singapore launches $18.6 million productivity solutions grant for financial services sector. ( read original story ...)
ShopBack SG ropes in comedian Kumar as brand ambassador to ‘inject exuberance’ into marketing
Head of marketing Imran Mohamad said Kumar was chosen because he is able to "inject exuberance and comedy" into ShopBack's marketing assets. ( read original story ...)
Singapore Airlines Seeks Liquidity After Suffering Record Loss
(Bloomberg) -- Singapore Airlines Ltd. plans to raise more liquidity after posting its biggest quarterly loss on record as the coronavirus decimated travel demand and charges from fuel hedging and ... ( read original story ...)
CGS-CIMB upgrades Singapore banks, with dividends back in focus
The brokerage expects credit costs to peak this year with asset quality holding steady.. Read more at straitstimes.com. ( read original story ...)