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Tag: finance

Posted on 04/01/2025

Zepto plans IPO filing by March-April; Singapore nod in for moving domicile

Zepto is preparing to file for an IPO by March-April 2025 and has received approval to move its holding entity from Singapore to India. The company is also finalising independent directors and ...

Posted on 04/01/2025

OCBC assistant V-P jailed for illegally accessing bank balances of politicians, influencers and friends

SINGAPORE - Just one month into his new job, an assistant vice-president at OCBC Bank began abusing the access his job gave him and started looking through the account balances and other details of ...

Posted on 04/01/2025

Zepto may file for IPO by March-April; eyes Singapore nod for moving India domicile

The quick commerce majors reverse merger application to move domicile from Singapore to India will be heard on January 17 at the NCLT. The Singapore clearance is a significant approval to secure as ...

Posted on 03/01/2025

FBS Global Ltd (FBGL) Announces January 7th IPO

FBS Global Ltd (FBGL) is planning to raise $11 million in an initial public offering (IPO) on Tuesday, January 7th, IPO Scoop reports. The company will issue 2,250,000 shares at $4.50-$5.00 per share.

Posted on 03/01/2025

Return of the Reits? Singapore’s IPO scene set to come alive after subdued year

SINGAPORE’S status as a real estate investment trust (Reit) stronghold is likely to result in higher initial public offering (IPO) activity next year, as possible rate cuts will encourage new Reit ...

Posted on 03/01/2025

Issue #6: What’s Happening This Week?—$300 CDC Vouchers, CNY “Fit” Notes, Credit Card Nerfs, and More

Keep abreast with our weekly round-up of Singapore's top finance news, including CDC Voucher updates, CNY fit-for-gifting notes, and more.

Posted on 03/01/2025

Olympic champion Lydia Ko to compete at HSBC Women’s World Championship in S’pore

Also joining Ko at the HSBC event are other Major winners Ko Jin-young, Yin Ruoning and Lilia Vu. Read more at straitstimes.com.

Posted on 03/01/2025

In Singapore, ex-OCBC VP gets 10-week jail term for unauthorised access to data of almost 400 customers

A former assistant vice-president at OCBC Bank in Singapore was sentenced to 10 weeks in jail today, for unlawfully accessing the personal data of 396 bank customers. According to Channel News Asia ...

Posted on 03/01/2025

OCBC assistant V-P illegally accessed bank balances of politicians, influencers

Au Jia Hao, 39, illegally accessed the banking details of 369 OCBC customers over eight months. Read more at straitstimes.com.

Posted on 03/01/2025

‘Accumulate’ all three local banks, but Phillip Securities prefers OCBC, UOB

Non-interest income will provide a boost in 2025; the banks expect fee income to continue their strong growth from the sustained shift in investor sentiment.

Posted on 03/01/2025

Singapore OCBC assistant V-P illegally accessed bank balances of politicians, influencers

SINGAPORE: Just one month into his new job, an assistant vice-president at OCBC began abusing the access his job gave him and started looking through the account balances and other details of bank ...

Posted on 03/01/2025

Ex-OCBC assistant vice president jailed for unauthorised access to data of almost 400 customers

The OCBC customer profiles that Au Jia Hao looked up included local politicians, public figures and influencers.

Posted on 03/01/2025

S-REITs’ DPU to bounce back in 2025, 2026; Parkway Life REIT a ‘dark horse’: DBS

After facing two years of erosion due to the impact of higher interest rates, S-REITs will post a turnaround in distribution per unit (DPU) growth over FY2025-FY2026, at 3.4%, according to DBS Group ...

Posted on 03/01/2025

Singapore economy beats forecasts in Q4 2024 but analysts see tougher 2025 growth outlook

The Government in November said it expects 2025 growth to slow to 1 per cent to 3 per cent. Read more at straitstimes.com.

Posted on 03/01/2025

UOB Kay Hian, noting ‘stronger’ offshore and marine dynamics, keeps ‘buy’ call on Seatrium

In the near term, the key re-rating catalyst is the completion of the investigation by the MAS/CAD,' says UOB Kay Hian's Adrian Loh ...

Posted on 03/01/2025

Singapore’s Strategic Moves Position It as Asia’s Next Major Cryptocurrency Hub

Singapore‘s burgeoning status as a pivotal center for Web3 and cryptocurrency firms is set to solidify, bolstered by a regulatory environment that favors innovation. In 2024, the Monetary Authority of ...

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