SINGAPORE (June 17): UOB Asset Management (UOBAM) has launched the United Global Innovation Fund (UGIF). This is an equity fund which aims to provide retail investors with an opportunity to invest in ... ( read original story ...)
Are Singapore Shares in Bargain Territory Right Now?
So far this year, the Singapore stock market benchmark, the Straits Times Index (SGX: ^STI), has risen around 5% to close at 3,223 on 14 June 2019. However, the index did not go up on a straight line; ... ( read original story ...)
3 Cheap China-Based Companies Listed in Singapore
Load Error Here’s a flavour of three prominent Chinese companies listed on the Singapore stock exchange. A bonus is that they are all selling at valuations (based on price-to-earnings (P/E) or ... ( read original story ...)
Extradition law: Hong Kong tycoons start moving assets offshore
has started shifting more than $100 million from a local Citibank account to a Citibank account in Singapore, according to an adviser involved in the transactions. “It’s started. We’re hearing others ... ( read original story ...)
Singaporeans can now Pay for their Ride with Go-Jek using DBS Bank’s E-wallet
In the latest, Indonesia-headquartered Go-Jek has integrated DBS Bank’s e-wallet into its platform to drive cashless mobile payments for consumers in Singapore, as the player looks at giving a stiff ... ( read original story ...)
2 million more Singapore bicentennial S$20 notes to be issued to meet demand
SINGAPORE: The Monetary Authority of Singapore (MAS ... The notes were quickly snapped up, with more than half of DBS and POSB branches running out before the end of the day and at least 15 OCBC ... ( read original story ...)
OCBC’s private bank eyes Malaysia expansion with Pacific Mutual Fund buy
OCBC’s Bank of Singapore wealth unit will purchase Pacific Mutual Fund Bhd for RM35.6 million. SINGAPORE: Oversea-Chinese Banking Corp’s (OCBC) private bank is set to expand into Malaysia following ... ( read original story ...)
Hong Kong tycoons moving personal wealth offshore over fears of Chinese extradition law
has started shifting more than $100 million from a local Citibank account to a Citibank account in Singapore, according to an adviser involved in the transactions. “It’s started. We’re hearing others ... ( read original story ...)
REITs eyed to boost Singapore’s IPO landscape
The sector accounted for almost half of the US$36.16b raised since 2009. The pipeline of initial public offerings (IPOs) on the Singapore bourse is expected to rebound from the lacklustre performance ... ( read original story ...)
IPOS rolls out insurance for intellectual property rights holders
It aims to cover legal expenses incurred in IP infringement proceedings worldwide. The Intellectual Property Office of Singapore (IPOS), Lloyd’s Asia and Antares Underwriting Asia have unveiled ... ( read original story ...)
Singapore, UK ink deals to boost partnership in financial services
A third agreement - a declaration of intent - was struck between the Institute of Banking and Finance Singapore and Britain's Chartered Body Alliance to collaborate more in developing skills for ... ( read original story ...)
Singapore to expand sustainable finance sector
Singapore is looking at growing its sustainable finance sector further to help in Asia’s sustainable economic development. Acting prime minister and minister of finance Heng Swee Keat said the ... ( read original story ...)
Singapore And UK To Enhance Cooperation In Data Connectivity, Talent Development, Green Finance And Cybersecurity
Singapore and the United Kingdom (UK) concluded three agreements today that will further deepen connectivity between the financial centres in Singapore and the UK. The agreements were made at the ... ( read original story ...)
From finance undergrad to food waste warrior, with a made-in-Singapore invention
Rayner Loi hit the pause button on school to become the CEO of a technology start-up building AI trackers that make dustbins smart enough to achieve a step change in reducing food waste. At the age of ... ( read original story ...)
Singapore morning news for June 14
As many as 29 new private jets worth around US$1 billion ($1.4 billion) could be delivered to Singapore between now and 2025, according to analysis by Shearwater Aero Capital, a US-based global ... ( read original story ...)
Singapore’s healthcare expenditure to hit US$24.6b by 2020
Total healthcare expenditure in Singapore is tipped to hit US$24.6b by 2020 ... In response to the growing healthcare needs brought about by a rapidly ageing population, Finance Minister Heng Swee ... ( read original story ...)