SEEDS Capital has set aside $150 million to catalyse similar co-investments with the private sector over the next three years.
Tata said to shelve media unit IPO after buying out Temasek
Tata Group has shelved plans for an initial public offering of its entertainment content distribution platform after buying out minority investors, according to people familiar with the matter. Read ...
Tata Play IPO: Tata may seek $1 bn valuation – Details
Plans for an IPO of Tata Play could still be revived in the future, sources said. Tata may seek a valuation of more than $1 billion for the entertainment business in any potential ...
BSI Bank fails to strike out 1MDB’s Singapore lawsuit for US$394mil
The dismissal of the striking out application, which is subject to an appeal, allows the case against the bank to proceed to trial.
Trust Bank on track to be profitable around the end of 2025 as revenue surges, says CEO
SINGAPORE – Trust Bank expects to be profitable around the end of 2025, said its chief executive Dwaipayan Sadhu, as the lender continues to grow its customer base and revenue. In the first half of ...
Trust Bank’s deposits more than double to S$3 billion in H1 2024, customer base hits 806,000
CUSTOMER deposits at Trust Bank more than doubled to S$3 billion in the first half of 2024, from S$1.2 billion in the same period last year. Read more at The Business Times.
UOB works with Invest Johor to drive FDI
In an effort to promote investment prospects into the future, Johor-Singapore Special Economic Zone (SEZ), UOB, and Invest Johor, the Malaysian state's investment agency, have signed a Memorandum of ...
Tata is said to shelve media unit IPO after buying out Temasek
The Indian conglomerate has opted to keep Tata Play Ltd as a closely held company for longer as it seeks to expand the business ahead of any potential listing in the future, the people said, asking ...
How the US Federal Reserve will help Singapore REITs outshine banks
Higher-for-longer global interest rates pumped up the profitability of loans at Singapore’s three homegrown banks. Last year, DBS Group Holdings Ltd, Oversea-Chinese Banking Corp and United Overseas ...
Singapore sees Asean as bright spot in a troubled world, says DPM Gan
DPM Gan told the Asean Conference 2024 that the world has become a more difficult place for investors amid United States-China trade disputes, wars in Ukraine and the Middle East, tensions in the ...
SBF partners UOB, Rajah & Tann and RSM to help Singapore companies expand into ASEAN through business missions
4. In a significant development, a Memorandum of Understanding (MOU) was signed during the conference between SBF, UOB, Rajah & Tann and RSM Singapore. The MOU aims to support Singapore companies in ...
DBS lowers TP for Hutchison Port Holdings Trust; volume growth expected to be affected by higher tax rate
Analysts Maggie Wang and Paul Yong have lowered their earnings estimates and DPU forecasts for the port operator to 13 HK cents.
Weekly Singapore Stock Market Round up: Post National Day Rally
Last week, Singapore’s stock market experienced both significant gains and declines. The Straits Times Index (SGX: ^STI) ultimately closed the week 1.1% higher on Friday, but not without encountering ...
Musim Mas Signs its first Sustainability-Linked Loan with Rabobank and HSBC Bank
Priya Kini, Head of Commercial Banking, HSBC Singapore, said: "We have a longstanding relationship with Musim Mas, and we are glad to be able to further deepen our support with their first ...
Great Eastern names HSBC banker as new group CEO
Hingston joins from HSBC, where he has worked in the last 18 years ... both internal candidates in the company as well as an executive search within and outside Singapore in choosing a successor for ...
Woman scammed of over $213k; police, bank step in to save her from losing another $500k
The 75-year-old victim had fallen prey to a government official impersonation scam. Read more at straitstimes.com.