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Tag: finance

Posted on 03/04/2025

OCBC prices 500 million euro bonds due 2028 at 2.481%

SINGAPORE] OCBC said on Thursday (Apr 3) that it has priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered bonds will bear interest at a fixed rate of 2.481 per ...

Posted on 03/04/2025

UOB ‘humming along nicely’ and RHB sticks with $41.60 target price

RHB’s team met UOB management in a “recent meeting”, and the bank’s leaders are reportedly comfortable with their guidance for FY2025.

Posted on 03/04/2025

OCBC aims to fund $17 bil over five years to support FDI into the UK

The agreement seeks to promote the UK as a hub for businesses, investors and services involved in the energy transition.

Posted on 03/04/2025

OCBC to finance £10 billion in UK investments by 2030 under new partnership

SINGAPORE] OCBC plans to deploy £10 billion (S$17.4 billion) in financing over the next six years to support foreign direct investment into the United Kingdom, the bank said on Wednesday (Apr 2). Read ...

Posted on 03/04/2025

Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital could fund this buy: analysts

DBS Bank's strong track record of turning around unprofitable targets could benefit Indonesia’s Panin Bank through the potential acquisition.

Posted on 03/04/2025

One Raffles Quay inks S$1.13 billion sustainability-linked loan from DBS, other banks

SINGAPORE] Office complex One Raffles Quay has obtained a five-year, S$1.13 billion sustainability-linked loan (SLL) from DBS and three other banks, to support its efforts to reduce its carbon ...

Posted on 02/04/2025

2 investment firms secure large stakes in Novotech

Two investment firms have acquired large stakes in global CRO Novotech, the Singapore-based company announced March 30. GIC and Temasek have invested in Novotech with the goal of providing funds to ...

Posted on 02/04/2025

OCBC signs pact with UK govt to channel $17b of investments into key British industries

OCBC will also help UK firms expanding into or establishing operations in Singapore and South-east Asia. Read more at straitstimes.com.

Posted on 02/04/2025

Taiwan chipmaker UMC’s US$5B new wafer fab facility in Singapore to create 700 jobs

SINGAPORE: Taiwanese chipmaker United Microelectronics Corp’s (UMC’s) newly opened US$5 billion (S$6.7 billion) wafer fabrication facility in Pasir Ris, Sin ...

Posted on 02/04/2025

UltraGreen.ai is said to mull up to S$400 million IPO in Singapore

SINGAPORE] UltraGreen.ai, a provider of fluorescence technology used in medical and surgical imaging, is considering an initial public offering to raise as much as S$400 million, people familiar with ...

Posted on 02/04/2025

9 Best Personal Loans in Singapore with Lowest Interest Rates (Apr 2025)

If you’re in urgent need of money, but are too paiseh to borrow from your family and friends, your best bet is probably a personal loan. With a personal loan, you borrow cash from a bank or financial ...

Posted on 02/04/2025

Here’s the top 5 performing Singapore stocks in Q1 – DBS, UOB and OCBC are not in it

SINGAPORE] The Straits Times Index (STI) achieved multiple highs in the first quarter of 2025, driven by factors such as investors flocking to safe havens and fresh records hit by the banks. Read more ...

Posted on 02/04/2025

RHB SINGAPORE ANNOUNCES LEADERSHIP TRANSITION TO DRIVE CONTINUED GROWTH

RHB Singapore announced the appointment of Goh Ken-Yi as its new Chief Executive Officer (CEO), effective 1 April 2025, reinforcing the bank's commitment to sustainable growth, customer-centricity, ...

Posted on 02/04/2025

RHB Singapore appoints new CEO Goh Ken-Yi

SINGAPORE] Goh Ken-Yi has been named the new chief executive officer (CEO) of RHB Singapore, effective Tuesday (Apr 1). Read more at The Business Times.

Posted on 02/04/2025

Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital can fund potential acquisition

SINGAPORE] A potential acquisition of Indonesia’s Panin Bank could benefit from DBS’ strong track record of turning around unprofitable targets, and is a good place for South-east Asia’s biggest bank ...

Posted on 02/04/2025

How a tiny island nation became Asia’s finance powerhouse—why Singapore attracts expats

Singapore, a speck on the map, has defied the odds to become Asia’s financial colossus. Its journey from a struggling, resource-starved nation to a global hub of finance and innovation is nothing ...

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