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Tag: finance

Posted on 05/11/2024

Singapore Airlines Will Invest $835 Million In New Interiors For Its Airbus A350s

Among the 41 A350s having their cabins upgraded are all seven of Singapore Airlines' Airbus A350-900ULR (Ultra Long Range) twinjets. Specially des ...

Posted on 05/11/2024

Citibank and Fidelity International Announces Proof-of-Concept Digital FX Swap to Streamline Real-time Settlement

Fidelity and Citibank will showcase their latest product at the MAS booth during the Singapore Fintech Festival 2024.

Posted on 05/11/2024

Niva Bupa sets a price band of Rs 70-74 for its Rs 2,200 crore IPO

The IPO is a mix of a fresh issue of up to Rs 800 crore and an offer for sale (OFS) of up to Rs 1,400 crore by Bupa Singapore Holdings Pte Ltd and Fettle Tone LLP. Post-IPO, the stake of Bupa Group ...

Posted on 05/11/2024

IPO Roundup: Heritage Distilling, Transten Global and more

Investor activity in U.S. IPO markets is quieter with the upcoming November 5th presidential elections and another week of earnings from corporate America. Since the start of the year, the Renaissance ...

Posted on 05/11/2024

Ahead of IPO, Sagility India collects Rs 945 cr from anchor investors

Nomura Funds Ireland, Government Pension Fund Global, Florida Retirement System - Allspring Global Investments, LLC (EMSC), Amundi Funds New Silk Road, and Goldman Sachs (Singapore ... based company's ...

Posted on 05/11/2024

Singapore Advances Tokenization of Assets With New Frameworks

The Monetary Authority of Singapore (MAS) has introduced two new frameworks aimed at enhancing the commercialization of asset tokenization in financial markets.

Posted on 04/11/2024

Singapore Gulf Bank launches corporate banking services

Real-time settlement capabilities, fully remote onboarding will support businesses in the global economy ...

Posted on 04/11/2024

DBS issues green loan of ‘about $60 mil’ to Rexus Bioenergy to finance waste wood power plant in Jurong

As financial adviser, DBS says it provided an “end-to-end service” to Rexus Bioenergy, and advised them on project finance structuring, due diligence and modelling workstreams. “The development is ...

Posted on 04/11/2024

Dennis Uy to cede control of DITO as Singapore investor expands stake

MANILA, Philippines — Davao-based tycoon Dennis Uy is set to lose control of DITO CME Holdings with an investment from a Singapore-based company. In a report filed to the Securities and Exchange ...

Posted on 04/11/2024

SIA to invest $1.1 bil in Airbus A350 cabin refitting programme

The airline is set to showcase new business class seats in all 41 aircraft, which are also expected to feature on SIA’s upcoming Boeing 777-9 aircraft.

Posted on 04/11/2024

Niva Bupa IPO: Fresh Issue Will Help Solvency, Growth; OFS To Accommodate FIIs

Niva Bupa has set a price band of Rs 70-74 per share for its IPO that will open for subscription later this week.

Posted on 04/11/2024

UOB FinLab Awards Over S$100,000 Funding for GreenTech Pilots Across ASEAN

UOB FinLab, the innovation accelerator of United Overseas Bank, has awarded over S$100,000 in funding to GreenTech firms.

Posted on 04/11/2024

How Singapore’s tokenization push could reshape fixed income and FX markets

Singapore’s MAS boosts tokenization with new Project Guardian frameworks, enhancing liquidity and adoption in debt, FX, and fund markets.

Posted on 04/11/2024

Niva Bupa’s IPO to open on Thursday, price band fixed at Rs 70-Rs 74

Niva Bupa Health Insurance Company on Monday said it has fixed the price band of Rs 70-Rs 74 per equity share of face value Rs 10 each for its maiden initial public offer (IPO).

Posted on 04/11/2024

Person jailed for accepting $300 to share bank details used in $160k money laundering scheme

His Singpass identity was subsequently used to open two bank accounts that were used to receive more than $337,000. At least $114,000 was derived from 21 scam victims in Singapore, said the police.

Posted on 04/11/2024

Woman in S’pore transfers S$290k to scammers, but manages to get back S$250k

SINGAPORE: A 77-year-old woman recovered S$250,000 ... A scammer, pretending to be a Standard Chartered Bank employee, called the victim and told her that several unauthorised transactions had been ...

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