Open Banking developments in Singapore may lead to more transformative Fintech changes than those offered by digital banking. ( read original story ...)
Tencent chooses JustCo’s co-working space in Raffles Place for Singapore office
The WeChat owner will have almost 200 seats at JustCo’s co-working space in OCBC Centre East at Raffles Place. ( read original story ...)
OCBC Cycle: Organisers help cyclists gear up for inaugural virtual event with home-based workouts
Due to the coronavirus pandemic, OCBC Cycle has been gearing up with home-based virtual workouts for the first time to help cyclists be physically ready for the Nov 1-15 free virtual event.. Read more ... ( read original story ...)
S-REITs picking up steam again by diversifying income streams: OCBC
REITs this year owing to the Covid-19 pandemic, some players here are diversifying their income streams, a sign of gradual pickup in activity, say OCBC analysts in an Oct 15 note. OCBC Investment ... ( read original story ...)
UPDATE 2-Singapore’s Nanofilms to raise up to $375 mln, biggest IPO in years
Singapore's Nanofilms Technologies International launched an initial public offering (IPO) on Friday, which three sources with knowledge of the matter said could raise up to S$510 million ($375.4 ... ( read original story ...)
Court delays hit Singapore’s bid to be global restructuring hub
Singapore’s efforts to promote itself as a global restructuring hub have been hit by a court’s decision to grant a distressed water company an unprecedented string of extensions as it battles to avoid ... ( read original story ...)
Wilmar’s China IPO rides on its cooking oil power
Kuok Khoon Hong pulled off a remarkable second act. The billionaire sold shares of his China business in the biggest ever initial public offering (IPO) on the Shenzhen Stock Exchange, thanks to the ... ( read original story ...)
Singapore must stay plugged into world to succeed: DPM
Even as the Covid-19 situation in Singapore stabilises and the country shifts its focus to economic recovery, it needs to stay open and connected to the world, Deputy Prime Minister Heng Swee Keat ... ( read original story ...)
OCBC named best managed bank during Covid-19
OCBC has been named the best managed bank during the Covid-19 crisis at this year's Asian Banker Leadership Achievement Awards.. Read more at straitstimes.com. ( read original story ...)
Where will Ant Group’s next billion users come from as it ploughs its jumbo IPO proceeds into overseas expansion?
In Southeast Asia, the world’s fastest-growing region in terms of internet users, Singapore’s DBS Bank CEO Piyush Gupta ... that will be one way it can spend its IPO proceeds. “Consolidation will ... ( read original story ...)
Straits Trading: Planned IPO Of Associate Company Draws Attention
Straits Trading's net profit attributable to shareholders fell by -87.1% YoY to S$5.5 million in 1H 2020, largely due to weakness in its hospitality and tin mining & smelting businesses. ( read original story ...)
The largest-ever IPO on the Shenzhen Stock Exchange
Why it matters: This was the largest-ever IPO on the Shenzhen Stock Exchange. "After starting production in 1991 from the mainland's first packed oil production line, [Arawana] now has 40% of a ... ( read original story ...)
PSE gives green light to Converge IPO
Converge Information and Communications Technology Solutions, Inc., moves forward with its initial public offering after earning the nod of the Philippine Stock Exchange and receiving the permit to ... ( read original story ...)
OCBC named the best managed bank during Covid-19: Asian Banker
CEO Samuel Tsien won the Leadership Achievement Award for best Covid-19 response.. Read more at straitstimes.com. ( read original story ...)
Singapore: 2020 GDP seen contracting 6.5% – UOB
Singapore’s 3Q20 GDP contracted 7.0% y/y (+7.9 q/q sa), according to the advance estimates by MTI. With the latest GDP print, Singapore’s economy fell by 6.9% in the first three quarters of 2020.” ... ( read original story ...)
Singapore, Hong Kong Unveil Travel Bubble That Scraps Quarantine
(Bloomberg) -- Singapore and Hong Kong will create a travel bubble that exempts people from both cities from quarantine, an agreement that will re-open links between Asia’s two premier financial hubs. ( read original story ...)