Atome Financial has entered into an US$100 million debt facility with HSBC Singapore to fuel its flexible deferred payments business. ( read original story ...)
Atome Financial secures US$100m debt facility with HSBC Singapore
It operates buy now pay later platform Atome and Indonesia’s Kredit Pintar. Atome Financial has entered into a US$100m debt facility with HSBC Singapore for the expansion of its deferred payments ... ( read original story ...)
ThaiBev defers brewery unit’s Singapore IPO plans once again
Thai Beverage has deferred the initial public offering of its brewery unit in Singapore once again, citing "prolonged challenging market conditions" for its decision. Read more at straitstimes.com. ( read original story ...)
FirstFT: Ping An doubles down on plan to break up HSBC
Plus, Credit Suisse steps up legal claim against SoftBank and US justice department moves to unseal warrant for search of Trump residence ... ( read original story ...)
HSBC oversold risks of $35 billion Asia spin-off, investor Ping An thinks – source
By Selena Li, Lawrence White and Anshuman Daga HONG KONG/LONDON (Reuters) – HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping An Insurance ... ( read original story ...)
Ping An doubles down on campaign to break up HSBC
Chinese insurer Ping An, which owns 8.4 per cent of the stock, claims that a spin-off of its Asian business would create between $25 billion and $35 billion (€24.2 billion-€33.8 billion) of additional ... ( read original story ...)
Public offer of Singapore’s inaugural green bonds 1.06 times subscribed at $52.9m
All valid applicants who applied for the bonds received allotments either in full or in part. Read more at straitstimes.com. ( read original story ...)
NEFIN Group Enters Singapore with A Goal to Invest SGD$100million In Upcoming 5 Years
Partnering with Tuas Power Supply is the First Step in Materializing the Long-term Commitment into Singapore. There are more strategic partnerships in the pipeline this year. SINGAPORE - Media ... ( read original story ...)
HSBC oversold risks of $35 bln Asia spin-off, investor Ping An thinks – source
HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping An Insurance Group, a source familiar with the Chinese insurer’s thinking said, adding the ... ( read original story ...)
Revamped DBS building in Newton is fully powered by solar energy, plants on its facade house birds & butterflies
Say hello to DBS Newton Green – the first bank building in Singapore that produces as much energy as it consumes. The 30-year-old building was certified by the Building and Construction Authority (BCA ... ( read original story ...)
S’pore drew $6.3b in fixed asset investments in Q2; projects to create over 5,100 jobs
When the projects are fully implemented, they are expected to generate $6.1 billion in value-added to the economy. Read more at straitstimes.com. ( read original story ...)
Residential sector leads Singapore’s Q2 property investment sales
Its $3.3b worth of transactions accounted for 49% of overall sales. Singapore’s real estate investment activity was lacklustre in the second quarter of the year, with investment sales dropping 32% qoq ... ( read original story ...)
Commercial investment in Singapore up 74% in 2Q2022: MSCI
Demand for property in the city-state last quarter was broad-based, with CBD offices attracting most of the investment capital while shopping centres and hotel developments were also on investors' ... ( read original story ...)
Singapore’s central bank can be ‘kinder’ if inflation peaks in the current quarter: Economist
Song Seng Wun of CIMB Private Bank discusses how the Monetary Authority of Singapore might handle the country's inflation. ( read original story ...)
More pirate attacks expected in Singapore Strait this year amid Ukraine war, report says
Attacks in the Singapore Strait, one of the world’s busiest shipping lanes, have risen significantly since 2019. ( read original story ...)
Atome Financial seals US$100 million loan with HSBC
Atome Financial has secured a US$100 million debt facility from HSBC Singapore to bolster its flexible deferred payments business across Asia. ( read original story ...)