Other key markets in the Asia Pacific region in 2016 were Japan at $398 million, South Korea at $376 million, Singapore at $164 million, and India at $124 million. The alternative finance sector in the Asia-Pacific totalled $102.8 billion in 2015 ... ( read original story ...)
The way forward is digital, says UOB’s Wee
UOB also recently became the first Singapore bank to receive an in-principle forign-owned subsidiary bank licence in Vietnam. While the economy in the 20th century was driven by goods and services, the 21st century is being driven by digital technology and ... ( read original story ...)
OCBC’s presence a symbol of enduring Sino-Singapore ties: Heng
A reconstructed OCBC building in Xiamen yesterday was held up as a symbol of the longstanding ties between Singapore and China by Singapore's Minister for Finance Heng Swee Keat. Noting that the bank has a long history in China - having opened its doors ... ( read original story ...)
The Week Ahead: DBS Group, UOB and OCBC Eyed
So it raises the question as to why the interest rate is still stick at 0%. Inflation will also be on the agenda in Singapore. The headline inflation rate in the Garden City was 0.6% in August. It is expected to rise to 0.9% this time. The core inflation ... ( read original story ...)
Investors Sour on Singapore IPOs
An Australian real-estate company has pulled its plans for a billion-dollar initial public offering in Singapore following tepid demand for its units, people familiar with the process said Friday, indicating that investors remain wary in a volatile global ... ( read original story ...)
Australia’s Cromwell puts on hold up to $1.1 billion Singapore IPO of REIT
SINGAPORE (Reuters) - Australia’s Cromwell Property Group (CMW.AX) has put on hold its up to 927 million euros ($1.1 billion) initial public offering (IPO) of a real estate investment trust on the Singapore Exchange, according to a stock exchange filing. ( read original story ...)
Singapore ruling party takes flak over wealth gap
“Singapore has followed a different approach [to other developed nations], with a lower tax burden overall . . . while providing targeted subsidies for those in need,” the Ministry of Finance said. Lee Hsien Loong, prime minister ... ( read original story ...)
Asia Pacific Alternative Finance Report “Cultivating Growth” Released
Australia was the second largest alternative finance market with US$609.6 million in 2016, followed by Japan in third with US$398.45 million and in fourth South Korea with US$376.31 million, New Zealand in fifth with US$223.25 million, Singapore in sixth ... ( read original story ...)
ERA Realty’s re-entry to SGX as APAC Realty; IPO priced at S$0.66 per share
is making a comeback to the Singapore bourse under APAC Realty, alongside its other related businesses. The initial public offering (IPO) is priced at 66 Singapore cents per share. APAC Realty plans to raise a sum total of S$27.1 million. The IPO comprises ... ( read original story ...)
Qoo10 Singapore announces the Integrated Cashless Payment and Advertising Model – QPay
SINGAPORE, Sept. 22, 2017 /PRNewswire/ -- Qoo10 Singapore, Asia's leading online marketplace, announces the integrated Payment and Advertising Model, QPay. Qpay, an integrated cashless payment system enables consumers to purchase items simply by scanning a ... ( read original story ...)
Legendary winemaker McWilliam’s exports finest wines to Asian tables
McWilliam’s Wines has been present in China over the past 25 years and exports wines to Cambodia, Hong Kong, Indonesia, India, Japan, Malaysia, Singapore ... with CK Life Sciences in Australia and our Citibank Dining Programme expansion into Hong ... ( read original story ...)
People moves: UBS hires new Apac investment bank vice-chair
Succeeding Brigitte Volz in the role, Dagur is based in Singapore and reports to Nick Johnston, regional board member for Asia, and Marc Kirchhoff, global head of trade finance and cash management. Citibank has appointed Sebastien Mailleux as the head of ... ( read original story ...)
Singapore Airlines Sale – Fly to Asia for $600!
Using points to upgrade from Premium Economy to Business Class If you have a bunch of Singapore Airlines KrisFlyer miles or points from Chase, Citibank and American Express, using them to upgrade from premium economy class to business class with this sale ... ( read original story ...)
Singapore-China ties ‘stable, in good state’, PM Lee says after prominent visit
When asked about the inclusion of several fourth-generation Singapore leaders in this week's China trip, such as Finance Minister Heng Swee Keat and Minister in Prime Minister's Office Chan Chun Sing, Mr Lee said the Republic's relationship with China is ... ( read original story ...)
Johnson & Johnson Innovation announces winners of the Singapore QuickFire Challenge in collaboration with ETPL and SMART
Winners to use prize money to conduct research in Singapore and be provided access to laboratory space from ETPL and one year of mentorship and coaching by Johnson & Johnson Innovation, ETPL and SMART staff. SINGAPORE, Sept. 22, 2017 /PRNewswire ... ( read original story ...)
ERA Realty to make reappearance on SGX as APAC Realty; IPO priced at S$0.66 a share
APAC Realty, which operates under the ERA brand, plans to raise net proceeds of S$27.1 million by selling 48.9 million shares at 66 Singapore cents apiece in an initial public offering (IPO). The IPO will comprise 4.8 million new shares and 44.1 million ... ( read original story ...)