Retail sales in Singapore saw better-than-expected growth in October despite tighter Covid-19 restrictions, partly due to higher mobile phone sales from new product launches. ( read original story ...)
DBS CEO Piyush Gupta apologises for last week’s digital banking disruption, says review being done
SINGAPORE: DBS Group CEO Piyush Gupta on Friday (Dec 3) apologised to customers for the two-day disruption to digital banking services last week, adding that the bank is reviewing its processes. "I ju ... ( read original story ...)
REUTERS NEXT-DBS CEO Says Hard for Digital Banks to Gain Market Share in Singapore
Singapore's soon-to-launch online-only banks will find it hard to carve out space in the city-state's market, DBS Chief Executive Piyush Gupta told the Reuters Next conference. "Even in markets like ... ( read original story ...)
Vietnam’s VinaCapital Weighing Singapore SPAC IPO Next Year
VinaCapital, a Vietnamese asset manager, is exploring setting up a blank-check company to list in Singapore next year, people with knowledge of the matter said. ( read original story ...)
DBS CEO says hard for digital banks to gain market share in Singapore
Singapore's soon-to-launch online-only banks will find it hard to carve out space in the city-state's market, DBS Chief Executive Piyush Gupta told the Reuters Next conference. ( read original story ...)
Sentosa things to do
For overseas vibes with heading on VTL trips, here are 4 Sentosa itineraries with a guide on things to do and hotels to stay at. ( read original story ...)
Stock Market Today: SGX Nifty drops 50 points; Asian markets weak; China’s Didi to delist from NYSE
Nifty50 on Thursday climbed for the second straight day, breaching the recent swing high of 17,324 and also the resistance of 17,350. The index reclaimed the 17,400 mark on a closing basis and formed ... ( read original story ...)
Singapore-based equity management platform Qapita secures a partnership with Citi to accelerate development of its private market trading platform
Singapore-based Qapita, which earlier announced its Series A round of USD 15 million co-led by East Ventures (Growth Fund) and Vulcan Capital added that it has secured a partnership with Citi. Citi ... ( read original story ...)
Stock Market LIVE Updates: Sensex, Nifty50 likely to open lower today; SGX Nifty futures drop
Indian equity benchmarks Sensex and Nifty50 are likely to make a negative start on Friday, tracking weakness across other Asian markets despite gains on Wall Street overnight. At 7:38 am, Singapore ... ( read original story ...)
Grab’s IPO Fizzles in First Day of Trading
The southeast Asian “superapp” company’s stock lost more than a third of its value at one point, falling to a low of $8.13 after opening at $13.06. ( read original story ...)
Grab Rings the Nasdaq Stock Market Opening Bell from Singapore
To celebrate its public markets listing day, Grab (Nasdaq: GRAB), a leading superapp in Southeast Asia providing everyday services such as mobility, deliveries and digital financial services, rings ... ( read original story ...)
Singapore’s Grab soars 18.6 per cent on Nasdaq debut following SPAC merger
With its debut on the Nasdaq on Thursday, Grab Holdings becomes the biggest listing by a Southeast Asian technology company and the largest transaction by a SPAC to date. ( read original story ...)
PropertyGuru Finance Dishes Out Brutally Honest Advice to Singaporeans
PropertyGuru, Singapore’s No.1 property marketplace with 75% market share**, today revealed that its mortgage marketplace, PropertyGuru Finance, is behind the mysterious “#SmartHonestAdvice” movement ... ( read original story ...)
Union Bank named preferred bidder for Citibank’s Philippine assets
Union Bank of the Philippines has been named as preferred bidder by Citibank for the latter’s consumer banking division in the Philippines, Bloomberg News cited insiders in a December 1 report. The ne ... ( read original story ...)
Singapore’s first wave SPACs to move ahead with filing plan: Sources
Three firms are working with advisers on the prospectuses, which could pave the way for their respective listings as soon as the end of this year.. Read more at straitstimes.com. ( read original story ...)
Banking woes dampen Singapore MSMEs overseas ambitions
Only 2 in 10 Singapore micro-multinationals think banks offer value for money. Complexities in international banking are named as a top challenge for micro, small, and medium businesses (MSMBs) in ... ( read original story ...)