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Tag: finance

Posted on 05/11/2024

Fidelity increases IPO-bound Lenskart valuation by 12% to $5.6 billion

In June this year, IPO-bound Lenskart raised $200 million in secondary investment from Singapore’s state-owned investment firm Temasek and Fidelity. As value in startup companies grows, secondary ...

Posted on 05/11/2024

POSB steps up financial literacy efforts for youths, families in the heartlands

POSB on Saturday (Nov 2) held a financial literacy event – carnival-style – in Yishun, attracting about 800 attendees. Read more at The Business Times.

Posted on 05/11/2024

Singapore Airlines unveils $1.1 billion cabin retrofit for A350 fleet; Telemedicine under fire as patients abuse MCs: Singapore live news

This ambitious investment reaffirms SIA's commitment to maintaining its status as a leader in luxury air travel. More on Singapore Airlines' $1.1b investment to redefine luxury travel here. The rise ...

Posted on 05/11/2024

Best Fixed Deposit Rates in Singapore (Nov 2024)—Rates Up To 3.25%, Minimum Deposits From $500

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 05/11/2024

Niva Bupa Health Insurance announces price band of Rs 70-74 per share for IPO

The company is looking to raise ₹2,200 crore from its public offer, which includes a fresh issue of shares worth ₹800 crore and an offer for sale of ₹1,400 crore by Bupa Singapore Holdings Pte Ltd, ...

Posted on 05/11/2024

Funding Societies secures third credit facility with HSBC to extend access to MSMEs in Southeast Asia

Modalku (Funding Societies), the largest unified digital finance platform for micro, small and medium enterprises (MSMEs) in Southeast Asia today announced signing the third credit facility* with HSBC ...

Posted on 05/11/2024

Funding Societies’ Third HSBC Credit Facility Pushes Funding Past US$100 Million

Funding Societies has secured a credit facility from HSBC, brings the bank's total commitment to Funding Societies to over US$100 million ...

Posted on 05/11/2024

Standard Chartered Partners with Wise Platform to Transform International Payments Experience

In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered has announced a partnership with Wise Platform, Wise’s global payments ...

Posted on 05/11/2024

Singapore stocks fell on Tuesday’s open—STI dropped 0.3%

In the broader market, 77 stocks declined compared to 50 that gained after a total of 51.9 million securities valued at S$70.6 million were traded ...

Posted on 05/11/2024

Renewed Consolidation Anticipated For Singapore Stock Market

The Singapore stock market on Monday ended the two-day slide in which it had dropped almost 35 points or 1 percent. The Straits Times ...

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.

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