Singapore Exchange drifted lower by 0.3%. The market operator said it is stepping up efforts to ... in a move to reduce the volatility of its stock price. In Malaysia, the FBM KLCI index rose 0.2% to 1,864.03. Nestle (Malaysia) rose 4.6% to 157.40 ringgit ... ( read original story ...)
Singapore’s cat bond grant could total $1.5m saving per issuance
Singapore has been targeting the ILS market and catastrophe bond issuance for a number ... its notes must be listed on the Singapore Stock Exchange at least as a dual listing, and a percentage of the costs involved in issuing the ILS must be paid to ... ( read original story ...)
HSBC names Pradeep Rao head of corporates in South-east Asia for global banking
SINGAPORE - Banking giant HSBC said on Tuesday that Pradeep Rao has been appointed as its head of corporates for South-east Asia for global banking. In this role, Mr Rao will be driving and deepening strategic dialogue with the bank's key clients across ... ( read original story ...)
Nine major power players who could get you a job at HSBC in Asia
Here’s who’s leading some of HSBC’s most expansionist teams in Hong Kong and Singapore. https://news.efinancialcareers.com/sg-en/308862/hot-jobs-hsbc-asia/ You want to work for HSBC in Hong Kong or Singapore, a bank that made almost 90% its profits ... ( read original story ...)
The KrisFlyer UOB Account Has Enhanced Features, Is It Worth A Second Look?
That’s in addition to the miles earned for spend in both local and foreign currencies.You will also continue to earn interest for both Singapore Dollar and foreign currency balances. As a KrisFlyer UOB Debit Card and Account holder, it doesn’t hurt ... ( read original story ...)
Standard Chartered hires new Singapore MD after five months at rival bank
This managing director spent just five months at a Swiss bank before being hired by Standard Chartered in Singapore. https://news.efinancialcareers.com/sg-en/298817/mo-choudhury-standard-chartered/ Standard Chartered has recruited a new managing director ... ( read original story ...)
Bank helps connect Chinese with EEC
SINGAPORE-based United Overseas Bank (UOB) is drumming up interest among Chinese investors to seize opportunities in the Eastern Economic Corridor (EEC) and expects more and more Chinese companies to set up in the country’s flagship economic zone. ( read original story ...)
Singapore paves the way for legal finance in Asia
It has been a year since Singapore took the landmark step of allowing legal finance for arbitration, bringing the country into line with the US, UK, Australia and numerous other leading centres of dispute resolution. Singapore took the prize for being the ... ( read original story ...)
4 Reasons Singapore is Great for Startups
With its strong economy, well-educated populace and favorable tax treatment, Singapore should be high on their lists. Singapore’s economy is highly developed. For example, it is one of the richest nations in Asia (GDP per capita S$52,932) and individuals ... ( read original story ...)
Is SINGAPORE PRESS HOLDINGS LTD ORDINARY SH (OTCMKTS:SGPRF) a Buy? The Stock Reported more Sellers
The stock of SINGAPORE PRESS HOLDINGS LTD ORDINARY SH (OTCMKTS ... operates as a media firm in Singapore and internationally. The company has market cap of $. It operates through Media and Property divisions. It currently has negative earnings. ( read original story ...)
HSBC launches Singdollar income bond fund
HSBC Global Asset Management yesterday said it has launched its first dedicated Singapore dollar income bond fund for retail investors here. The minimum investment sum stands at $1,000, and investors may buy into the fund at any HSBC retail banking branch ... ( read original story ...)
First Resources Ltd’s Stock Is Near A 52-Week Low Now: Is It A Bargain?
I will be using the SPDR STI ETF (SGX: ES3) as a proxy for the market; the SPDR STI ETF is an exchange-traded fund that tracks the fundamentals of Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI). First Resources currently has ... ( read original story ...)
SIIC stock to start Hong Kong trading on March 23 after getting in-principle nod for dual listing
... Singapore-listed SIIC Environment has received in-principle approval from the Stock Exchange of Hong Kong for a dual primary listing in the Chinese territory. Trading in Hong Kong is now expected to begin when the Hong Kong market opens on March 23. ( read original story ...)
Singapore Exchange brings dual-class IPO battle to Hong Kong, offers better listing terms
Singapore Exchange (SGX) expects to let the first company with a dual-class share structure list in the second half of this year as it looks to complement the Chinese onshore and Asian capital markets in allowing tech firms to raise funds, bourse officials ... ( read original story ...)
Singapore highlights risks in HK in bid to attract Chinese IPOs
Singapore Exchange officials have a clear pitch to Chinese companies looking to go public: “We are not China.” The line — implying that Singapore is protected from the political reach of China but Hong Kong is not — is part of the accelerating ... ( read original story ...)
JD.com-backed Sasseur REIT to list on SGX; IPO to raise $396 mil
SINGAPORE (Mar 9): Sasseur REIT ... The REIT plans to raise $396 million in its initial public offering (IPO) that comprises 495 million units, representing. 42% of the issuer’s post-listing stock of 1.18 billion units, at 80 cents per unit, giving ... ( read original story ...)