SINGAPORE (Jan 28): UOB Kay Hian is maintaining “overweight” on gaming with a “buy” call on Genting Singapore (GENS) at a $1.38 target price, or 10 times 2019 EV/EBITDA, on the notion that the integra... ( read original story ...)
Singapore eDevelopment’s US biomed unit designs anti-TB scent
In a Monday report, RHB analyst Vijay Natarajan says he continues to remain positive on CLT’s prospects despite lowering FY19.... SINGAPORE (Jan 28): UOB Kay Hian is maintaining “overweight” on gaming ... ( read original story ...)
Singapore’s office market is buzzing, for now
But where Singapore’s office market is becoming weaker is in its tenant mix ... On average, 0.9 million sq ft will be added to the city’s office stock annually through 2023. That’s little different fr... ( read original story ...)
OCBC eyeing forex fray for overseas travel spending
In response to queries from BT, Tan Siew Lee, head of wealth management Singapore at OCBC, said: "We are currently exploring various opportunities to enhance the FX needs of our customers for investme... ( read original story ...)
OCBC’s new credit scheme targets ‘serial entrepreneurs’
OCBC Bank is introducing a new credit scheme that targets entrepreneurs ... The bank said the market is sizeable, citing figures that show one in three new businesses incorporated in Singapore between ... ( read original story ...)
Send and receive money via PayLah! with DBS’ QR code ang bao
DBS is piloting the world’s first loadable QR Ang Bao, which retains the tradition of exchanging physical Ang Baos while eliminating the use of cash. Said Jeremy Soo, Managing Director and Head of Con... ( read original story ...)
Singapore’s office market is buzzing, for now: Andy Mukherjee
But where Singapore’s office market is becoming weaker is in its tenant mix ... On average, 0.9 million sq ft will be added to the city’s office stock annually through 2023. That’s little different fr... ( read original story ...)
Singapore’s $40bln flash crash clouds IPO push
HONG KONG (Reuters Breakingviews) - Singapore could ill afford a flash crash. Shares of Jardine Matheson abruptly plummeted some 80 percent on Thursday before quickly rebounding. It’s a setback for a ... ( read original story ...)
Kampong Glam residents get early CNY treat
SINGAPORE - UOB and the Central Singapore Community Development Council (CDC) on Friday (Jan 25) treated more than 150 families and seniors residing in the Kampong Glam area to a carnival and a reunio... ( read original story ...)
Singapore’s $40 bln flash crash clouds IPO push
HONG KONG, Jan 25 (Reuters Breakingviews) - Singapore could ill afford a flash crash. Shares of Jardine Matheson abruptly plummeted some 80 percent on Thursday before quickly rebounding. It's a setbac... ( read original story ...)
‘Fat finger’ not to blame in Jardine stock plunge: Singapore regulator
No 'fat finger' error was involved when share prices of conglomerate Jardine Matheson Holdings Ltd plunged briefly Thursday, wiping out $41 billion in market value, Singapore's stock market ... ( read original story ...)
Australia’s ANZ bank closes Singapore gold vault
Australia and New Zealand Banking Group Ltd (ANZ), whose gold bullion business is one of Asia's largest, said on Thursday it was closing its precious metals vault in Singapore. The move follows the ba... ( read original story ...)
StanChart’s Singapore Unit Completes First Blockchain-Powered Trade Finance Deal
The Singapore unit of London-headquartered multinational banking and financial services firm Standard Chartered has completed its first blockchain-powered trade finance deal. The news was reported ... ( read original story ...)
StanChart makes its first Singapore trade finance deal using blockchain
SEE ALSO: Finance sector plays important role in directing capital for environmental benefit: Masagos Zulkifli Ujjwal Jain, head of trade for the Singapore transaction banking business, said in a stat... ( read original story ...)
Grand Venture Technology trades above IPO price on Catalist debut
SINGAPORE - Grand Venture Technology opened on the Catalist board at $0.27 on Wednesday morning (Jan 23), below its initial public offering (IPO) price of $0.275 a share. But the homegrown manufacturi... ( read original story ...)
Former UOB relationship manager admits misappropriating $200,000 from illiterate client
SINGAPORE - A United Overseas Bank (UOB) relationship manager abused his illiterate client's trust and misappropriated more than $200,000 from the man after convincing him to sign various forms. Yap B... ( read original story ...)