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Tag: finance

Posted on 22/07/2019

Prime US REIT closes flat at IPO price on trading debut

SINGAPORE (July 19): Prime US REIT closed flat at its first trading session on the Singapore Exchange on Friday. As at 5pm, the counter was trading at its IPO price of 88 US cents with 10.7 million ... ( read original story ...)

Posted on 22/07/2019

Singapore-based fintech soCash raises US$6m to expand to Indonesia, Malaysia, Hong Kong

Meanwhile, Standard Chartered was the first bank in Singapore to partner with soCash. The bank has integrated soCash into its mobile banking app in Singapore since 2017, enabling customers to withdraw ... ( read original story ...)

Posted on 22/07/2019

Singapore fintech startup SoCash raises $6m in series B round

Singapore-based fintech startup SoCash raised US$6 million in a series B round led by Japanese money-handling systems developer and manufacturer Glory. SC Ventures, the investments unit of Standard ... ( read original story ...)

Posted on 22/07/2019

Singapore Reits can no longer be seen as ‘low-risk’ if leverage limit is raised: OCBC

SINGAPORE - If the proposed changes of raising the leverage limit of Singapore real estate investment trusts (S-Reits) above the current leverage limit of 45 per cent goes through, debt markets can no ... ( read original story ...)

Posted on 22/07/2019

Four dynamic built environment tradeshows to welcome Asia’s largest gathering of industry professionals and innovators

SINGAPORE, July 22, 2019 /PRNewswire/ -- From ... solutions and renewable energy and Smart Cities and Buildings (SCB) Asia featuring the latest advances in urban solutions and smart cities. ... ( read original story ...)

Posted on 20/07/2019

OCBC survey: Half of sandwiched gen find it tough supporting parents and children the same time

According to a recent OCBC’s Financial Wellness Index survey, the majority of working adults in Singapore are financially unprepared for retirement (‘Most working adults not financially ready for ... ( read original story ...)

Posted on 20/07/2019

UOB collaborates with public sector on new inclusive hiring initiative in Singapore

Asia’s most renowned regional HR Excellence Awards is back in October in Malaysia to sieve out HR’s finest gems. Are you a diamond in the rough? View the categories and find out more. Having ... ( read original story ...)

Posted on 20/07/2019

Singapore Life partners DBS to roll out QR code payable premiums

More than $11m of premiums have been remitted via the unified scan-and-pay function. Fintech firm and life insurer Singapore Life has teamed up with DBS to roll out what is said to be the city-state’s ... ( read original story ...)

Posted on 19/07/2019

Supervisor jailed for taking upskirt photos of Citibank colleagues

The supervisor of a team at Citibank preyed on nine of his female colleagues, taking upskirt pictures of them at the office. The 47-year-old man, who held a senior position, cannot be named to protect ... ( read original story ...)

Posted on 19/07/2019

Why I Believe Singapore Exchange Limited Can Continue to Grow

Singapore Exchange Limited (SGX: S68), or SGX, is Singapore’s sole stock exchange. It offers a platform for trading securities such as equities, fixed income, and derivatives. SGX also offers services ... ( read original story ...)

Posted on 18/07/2019

Singapore fuel inventories hit eight-month low as IMO fuel-switch takes effect

SINGAPORE (Reuters) - Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended July 17, official data showed, in one of the latest signs that ... ( read original story ...)

Posted on 18/07/2019

Top China LPG Buyer Considers Singapore IPO for Trading Unit

Oriental Energy Co., China’s biggest importer of liquefied petroleum gas, is considering an initial public offering of its trading and logistics unit on the Singapore stock exchange. The company is in ... ( read original story ...)

Posted on 18/07/2019

Smaller Banks in Singapore Are at Risk As Fintechs Eye Digital Banking License

Competition is heating up in Singapore’s digital banking landscape as an increasing number of fintechs including e-wallet operators and payment services providers are looking to apply for when ... ( read original story ...)

Posted on 18/07/2019

International banking heads take home highest salaries in financial sector

The average base monthly salary for this role can hit $33,000. The heads of international banking divisions in Singapore are the highest paid amongst the financial services roles with an average base ... ( read original story ...)

Posted on 18/07/2019

Here’s What Singapore Technologies Engineering Ltd’s (SGX:S63) Return On Capital Can Tell Us

Help shape the future of investing tools and you could win a $250 gift card! Today we are going to look at Singapore Technologies Engineering Ltd (SGX:S63) to see whether it might be an attractive ... ( read original story ...)

Posted on 17/07/2019

POSB Squirrel Just Started A Campaign To Unite All Mascots in S’pore For National Day

National Day is an occasion to get together and celebrate, in the spirit of this year’s NDP theme, Our Singapore. That’s why POSB is doing things a little differently. This year, the bank’s mascot ... ( read original story ...)

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