Casino operator Genting Hong Kong is exiting the Singapore Stock Exchange as the holding company consolidates ... “Genting Hong Kong is committed to the growth of the Asian cruise market. As we continue to expand our product offering and services to ... ( read original story ...)
Singapore shares gain on real-estate developers, Malaysia stocks fall
KUALA LUMPUR (Nikkei Markets) -- Singapore shares rose Thursday, led by real-estate developers amid expectations of a rebound in the city-state's residential property market. Malaysia shares ... Responding to a stock exchange query regarding trading ... ( read original story ...)
DBS’ journey to a cashless society
In April this year, DBS announced a vital new iteration for PayLah! In a Singapore first, all DBS PayLah! users – including non-DBS/POSB customers – can now pay using QR codes and also receive funds by generating their own QR code. This is a key step ... ( read original story ...)
UOB launches Business Banking service for SMEs
HCM CITY — Singapore’s United Overseas Bank (UOB) has launched a Business Banking service dedicated to help small businesses in Việt Nam grow their business. The move followed the recent State Bank of Việt Nam’s licensing of UOB as a foreign ... ( read original story ...)
OCBC app to offer voice banking
Singapore's Smart Nation push saw a new development with OCBC tapping Apple's Siri virtual assistant to allow businesses to transfer funds just by speaking to their Apple iPhone. This will be possible with next Monday's roll-out of a new feature on its ... ( read original story ...)
The ship is still sinking for Singapore’s shipyard sector
Oil prices and contract wins are not enough. Despite the rise in prices in the Brent crude and recent contract wins, recovery may still be out of reach for the shipyard sector, according to UOB Kay Hian. The firm said the recent rally in Brent crude prices ... ( read original story ...)
Singapore stocks snap two-day fall as lenders recover
Singapore stocks recovered after two sessions of declines on ... United Overseas Bank gained 1.4 percent, Overseas-Chinese Banking Corp gained 0.5 percent and DBS Group Holdings added 0.8 percent each. Shares in the aircraft maintenance company SIA ... ( read original story ...)
Singapore’s MAS May Tighten Policy, Pimco Says
UOB and HSBC expect the monetary authority to keep its policy ... It doesn’t disclose details on the basket, or the band or the pace of appreciation or depreciation. The Singapore currency’s trade-weighted index is approaching its highest level in ... ( read original story ...)
InnoVen Capital appoints Ashish Sharma as CEO for India
InnoVen is a pan-Asian venture debt platform jointly owned by UOB and Temasek, with offices in Mumbai, Singapore and Beijing. As India's oldest and largest venture debt platform, InnoVen has supported and provided more than USD 240 million in capital to ... ( read original story ...)
Pimco sees chance Singapore’s MAS surprises by tightening stance
UOB and HSBC expect the monetary authority to keep its policy ... It doesn’t disclose details on the basket, or the band or the pace of appreciation or depreciation. The Singapore currency’s trade-weighted index is approaching its highest level in ... ( read original story ...)
MAS may surprise financial markets by tightening its policy stance this month: Pimco
SINGAPORE — There's a chance the Monetary Authority of Singapore ... October statement to prepare the market for some tightening in the first half of 2018. UOB and HSBC expect the monetary authority to keep its policy unchanged at its upcoming meeting. ( read original story ...)
Godrej Agrovet IPO subscribed 53% on first 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 ...)
Here are the 11 Biggest and Best Credit Card Signup Bonuses You Can Get Right Now
American Express, Citibank, Chase, Capital One and other banks are advertising ... Points transfer to United, Hyatt, Southwest, British Airways, Virgin Atlantic, Singapore Airlines, Korean Air, Air France KLM, Marriott Rewards, IHG Rewards Club, and ... ( read original story ...)
Oil Co. Moves To Stop Citibank Payouts From $46M Escrow
Law360, London (October 4, 2017, 7:24 PM BST) -- A Kuwait Petroleum Corp. unit has asked a U.K. court to order the London branch of Citibank NA to not pay out ... Ltd. KUFPEC Singapore Holding Ltd. filed a commercial contract claim, seen Wednesday by ... ( read original story ...)
The Real Reasons Why Personal Finance Is Not Taught In Singapore Schools
That was how I felt as a working graduate personally after 25 years growing up in the Singaporean education system. I realised this trend only as I was working on financial articles daily and interacting with my peers around me. I was curious that as a ... ( read original story ...)
A Family Of Entrepreneurs Has Built KBZ Into a Finance Powerhouse In Myanmar
Last year it became the first Myanmar bank to open offices in Thailand, Malaysia and Singapore, neighboring markets that are not only important for doing cross-border business but also for collecting remittances from millions of overseas workers. ( read original story ...)