Maple Finance, a blockchain-based credit marketplace, has set its sights on the Asia-Pacific (APAC) region, announcing a successful $5 million investment round on Tuesday. The fundraising was led by ...
Singaporean trader Davis Commodities downsizes IPO to 1.09 million shares from 3.4 million
MARKET PULSE Davis Commodities, a Singaporean agricultural commodities trader, downsized its planned initial public offering on Wednesday to 1.09 million shares from 3.4 million shares previously. The ...
Exclusive-Shell taps Goldman Sachs to explore Singapore refinery sale -sources
SINGAPORE (Reuters) - Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic review and has hired investment bank Goldman Sachs to explore a ...
Davis Commodities IPO downsized
Singapore-based Davis Commodities has downsized its initial public offering (IPO). Originally planning to offer 3.4 million shares, the ...
Bank of Singapore hires global chief operating officer
Ang will succeed Sonjoy Phukan as global chief operating officer, who is leaving Bank of Singapore to pursue other interests. The appointment will take effect from 13 September 2023 and Ang will ...
Singapore seeks more laundering evidence
SINGAPORE: Police in Singapore are waiting for documents from at least nine financial institutions in their investigation into one of the biggest money laundering cases in the history of the ...
Debt collector keeps sending letters to same address on UOB’s behalf even after debtor moved out
A woman keeps getting letters sent to her address by a debt collector even though the debtor has moved out. Stomper Ng shared a copy of a letter from Pinnacle Credit Service, which said that the ...
‘A fighting chance’: Mirxes on why it chose Hong Kong over Singapore for its IPO
IN THE days after cancer diagnostics startup Mirxes announced it applied to Hong Kong’s stock exchange for an initial public offering (IPO), executives at the company were flooded with questions about ...
Billion-dollar money laundering and the dirty money problem for Singapore
A recent raid resulted in the arrest of 10 foreign nationals for forgery and money laundering and the seizure of $1 billion in cash and assets, in what is now one of Singapore’s biggest money ...
Video teller machines and digital literacy workshops: How S’pore’s oldest bank is making banking accessible to all
Even as POSB increases the number of services that can be performed online via a mobile phone app or personal computer, the bank continues to maintain branches across Singapore to cater to the elderly ...
From getting lower interest rates to good EV deals: How to finance your new car the smart way
With the OCBC Car Loan and OCBC Eco-Care Car Loan, getting your dream ride is fuss free, with the application process taking just 60 seconds. Read more at straitstimes.com.
Commentary: Right intention, wrong approach for OCBC and its new anti-scam measure
Users are a weak link when it comes to scams, but banks have to walk a tightrope between stringent security measures and customer experience, says fintech CEO Jonathan Chang.
Singapore plans to raise another $1.3 billion via green bond
It joins Hong Kong and countries such as Germany and Italy to sell green bonds this year. Read more at straitstimes.com.
3 Solid Singapore REITs That Could Potentially Raise Their DPUs
If you are looking for higher distributions, these three REITs could be the ones for your investment portfolio. The post 3 Solid Singapore REITs That Could Potentially Raise Their DPUs appeared first ...
Citi Private Bank bullish about 2023; growth in ultra-high-net-worth clients mainly from S’pore
SINGAPORE - Citi Private Bank, which serves the needs of the world’s wealthiest individuals and their families, achieved a record year in gaining clients in Asia in 2022 and said 2023 will be even ...
Israel eyes investment treaty with Singapore by year end
SINGAPORE - Israel is hoping to ink by year end an investment treaty with Singapore which will help Israeli tech start-ups leverage the Republic as a gateway to expand in South-east Asia and drive ...