Went shopping with my hubby at Toa Payoh Central. Upon reaching, I had to visit the toilet and we came to this toilet just beside the POSB/DBS atm at HDB hub level one. The toilet was packed and I waited for my almost 15mins which is quite common for ... ( read original story ...)
Citigroup considering onshore cash equities business in China
FILE PHOTO - Reflections are seen on the glass facade of a Citibank branch in Beijing Thomson Reuters ... mainly at its Hong Kong and Singapore hubs, Richard Heyes told Reuters. Citi's sharpened focus on its Asia equities business, which includes stock ... ( read original story ...)
Is The FinTech Bubble About to Burst?
I’ve been fortunate to work closely within the FinTech ecosystem in Singapore/APAC and now presently here in ... There is a great quote taken from Walter Wriston, a former CEO of Citibank (1967-1984) “Information about money is more valuable than ... ( read original story ...)
Record $132k dished out to startups at Singapore social enterprise awards
Organized by DBS Foundation – the Singaporean bank’s social entrepreneurship initiative – and the National University of Singapore’s commercialization arm, NUS Enterprise, SVC Asia highlights innovative projects and business proposals that ... ( read original story ...)
Singapore Media Regulator Partners with Asian Banks to Pilot Blockchain-based Customer Identification System
The banks are OCBC Bank, Mitsubishi UFJ Financial Group (MUFG), and HSBC Singapore. According to IMDA chief executive officer (CEO), Tan Kiat How, the trial forms part of their strategy to create a dynamic digital economy. "IMDA supports the ambitious use ... ( read original story ...)
Godrej Agrovet IPO subscribed 89% till noon on Day 2
On the first day, the IPO was subscribed 53 per cent ... The anchor investors include the Government of Singapore, First State Indian Subcontinent Fund, JP Morgan, Russell Investment Company, The India Fund Inc — Aberdeen, Goldman Sachs India, SBI ... ( read original story ...)
Godrej Agrovet IPO subscribed 2.37 times on second day
The IPO will close on 6 October ... which at the upper end of the price band will fetch the Singapore state-owned investor about Rs565.8 crore. Temasek invested Rs572 crore in 2012. Post share sale, Temasek will hold 13% in Godrej Agrovet. ( read original story ...)
Deripaska’s EN+ to Raise $1.5 Billion in IPO
The much-anticipated public launch of Mr. Deripaska’s company, which owns power and aluminum assets in Russia, is expected to include a commitment of $500 million from AnAn Group, a Singapore partner of CEFC China Energy Co. EN+ didn’t disclose what ... ( read original story ...)
New Initiatives in the Singapore Patent Landscape
In this regard, the role of Intellectual Property Office of Singapore (IPOS) is evolving to a multi-faceted innovation centric entity, as adeptly summarized by the Chief Executive of IPOS, Mr Daren Tang in a recent commentary: To contribute to this ... ( read original story ...)
Godrej Agrovet IPO subscribed 89% on Day 2
Government of Singapore, among others, at Rs 460 apiece. Godrej Industries owns 60.81 per cent stake in Godrej Agrovet and intends to use the IPO proceeds towards loan repayments and other general purposes. The company is the largest palm oil producer in ... ( read original story ...)
More for China than London in Russian hydro IPO
Ahead of the offering, Singapore’s AnAn, a strategic partner of Chinese conglomerate CEFC China Energy, agreed to purchase global depository receipts during the IPO for $500 million, En+ said in its statement. CEFC said on Sept. 8 it had agreed to buy a ... ( read original story ...)
Singapore’s Alan Lim on Street Photography with the Russar+ Art Lens
Alan worked for The Straits Times, won local and international awards, and in 2014, was appointed by the Intellectual Property Office of Singapore (IPOS) as the IP Creative Partner in Photography. He granted us a brief interview regarding his experience ... ( read original story ...)
Russia’s En+ launches IPO in London and Moscow
Ahead of the offering, Singapore’s AnAn Group, a strategic partner of China’s CEFC, agreed to purchase global depository receipts (GDRs) during the IPO for $500 million, En+ said in its statement. En+ plans to use the primary proceeds from the offering ... ( read original story ...)
Singapore Shares May Extend Thursday’s Gains
(RTTNews.com) - The Singapore stock market on Thursday ended the two-day slide in which it had fallen more than 25 points or 0.7 percent. The Straits Times Index now rests just above the 3,260-point plateau and it may add to its winnings on Friday. ( read original story ...)
Singapore and Thailand mull digital payments alliance
The Monetary Authority of Singapore (MAS) and the Bank of Thailand are in discussions about connecting their national digital payment systems as officials step up efforts to curb the use of cash, according to Bloomberg. The link would bring together ... ( read original story ...)
Regulators probe Standard Chartered over 1.4 billion dollar transfer: source
LONDON (Reuters) - Financial watchdogs in Europe and Asia are investigating Standard Chartered Plc (STAN.L) over the transfer of 1.4 billion dollars of private bank client assets from Guernsey to Singapore ahead of new tax transparency rules, according to ... ( read original story ...)