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Tag: finance

Posted on 17/09/2020

Flipkart IPO likely next year; to list overseas at $50B valuation: report

According to the Reuters report, Flipkart is likely to choose between Singapore or the United States for the IPO. The company is incorporated in Singapore, but listing in the US ... ( read original story ...)

Posted on 16/09/2020

Malaysian who overstayed in Singapore stole debit cards, bikes and mobile phone

On Wednesday (), Song was jailed two months and seven weeks after he pleaded guilty to eight charges, including overstaying in Singapore for 190 days, and for stealing bicycles, a mobile phone, and ... ( read original story ...)

Posted on 16/09/2020

DBS says ‘time to relook’ office Reits as Chinese tech giants’ expansion plans for Singapore spur demand

DBS Group Research on Wednesday (Sept 16) reiterated its positive stance on Singapore office real estate investment trusts (Reits), citing a potential upcycle in office demand spurred by the expansion ... ( read original story ...)

Posted on 16/09/2020

Standard Chartered CEO says Hong Kong is ‘very, very safe’ as banking center

"The fact is Hong Kong is sitting here as the gateway to China for capital into China and out of China. That's only become more clear," said StanChart's CEO Bill Winters. ( read original story ...)

Posted on 16/09/2020

How can we mobilise finance to build back a resilient, sustainable post-Covid economy?

Finance leaders, investors meet to discuss key questions at Unlocking capital for sustainability 2020, hosted by Eco-Business in partnership with UN Environment Programme ... ( read original story ...)

Posted on 16/09/2020

Exclusive: Winson Oil wins favourable ICC decisions in claims against banks – documents

A Singapore oil trader has won favourable decisions from the Paris-based International Chamber of Commerce (ICC) against two banks in trade-finance disputes related to troubled Hin Leong Trading, ... ( read original story ...)

Posted on 16/09/2020

Singapore businesses most digitally-ready in Asia-Pacific finds DBS survey

Singapore businesses take the lead in digitalisation efforts among peers in the Asia-Pacific To engage more than 1,100 corporate clients on how digital solutions can help businesses thrive in the next ... ( read original story ...)

Posted on 16/09/2020

Digital opportunities seized by Singapore companies amid Covid-19 landscape

As the global economy comes to terms with doing business during the pandemic, Singapore companies are seizing digital opportunities More than 30 organisations are participating in the Virtual ... ( read original story ...)

Posted on 16/09/2020

Singapore’s financial sector sees healthy take-up of jobs, traineeships

SINGAPORE - Financial institutions are seeing a healthy take-up of jobs and traineeships as the finance and insurance sector is projected to expand this year, despite a climate of retrenchments and ... ( read original story ...)

Posted on 15/09/2020

Singapore is Still Stuck in a Bear Market: 3 Things You Need to Know

Wondering why the Singapore market is down in the dumps? We shed some light on three aspects that you should know.The post Singapore is Still Stuck in a Bear Market: 3 Things You Need to Know appeared ... ( read original story ...)

Posted on 15/09/2020

OCBC staff prevent man from losing $190,000 in ‘secret mission’ scam

He was told he had to help in a secret mission with a cyber security crime department to catch criminals. But the operations manager, in his 60s, first needed to transfer $190,000 to a Hong Kong bank ... ( read original story ...)

Posted on 15/09/2020

Sports Hub open for fitness enthusiasts again with safe management measures in play

SINGAPORE - Sporting and lifestyle activities can now take place at the Singapore Sports Hub with the conclusion of the temporary housing project for migrant workers, the Singapore Sports Hub has ... ( read original story ...)

Posted on 15/09/2020

High levels of debt will become a big challenge in the next decade, says Singapore minister

Governments can no longer reduce the amount of debt through rapid economic growth and inflation, says Tharman Shanmugaratnam, Singapore's senior minister and coordinating minister for social policies, ... ( read original story ...)

Posted on 15/09/2020

Global Markets: Asian stocks head higher on China data, markets eye Fed meeting

Asian equities extended gains on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines. MSCI's broadest index of Asia-Pacific shares ... ( read original story ...)

Posted on 15/09/2020

Singapore businesses most digitally-ready in Asia-Pacific: Survey

Businesses here have come in tops in a DBS survey of the digital readiness of corporates in the Asia-Pacific (APAC) region, with 45 per cent of local businesses indicating they have a well-defined ... ( read original story ...)

Posted on 15/09/2020

Singapore Lender UOB to Freeze Hiring, Pay on Virus Outlook

United Overseas Bank Ltd. has imposed a freeze on hiring, pay and promotions as the Singapore lender prepares for a further decline in earnings following the coronavirus pandemic. ( read original story ...)

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