Public transport fares in Singapore have gone up by seven per cent, and for obvious reasons, nobody is pleased. Each journey is going to cost 10 to 11 cents more from Dec 23, 2023. The local news ...
OCBC becomes direct clearing member of HKEX’S OTC Clear AND LCH SwapClear
The bank’s OTC Clear membership will give it access to clearing services for over-the-counter (OTC) derivatives in cross currency swaps and interest rate swaps (IRS) for HKD and CNH. Central clearing ...
More SE Asia firms consider U.S. IPOs, filling void left by China peers
Several Southeast Asian companies are considering listing in the United States, banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings.
SCB, SMBC act as lead arrangers, coordinators for €500m green loan
Standard Chartered Bank (Singapore) and Sumitomo Mitsui Banking Corporation (Singapore) served as lead arrangers and sustainability coordinators for the €500m syndicated green loan of Thailand’s Minor ...
Two national servicemen in SG emptied colleague’s bank account via online transfer after one of them took his phone
Two full-time national servicemen (NSFs) with the Singapore Civil Defence Force (SCDF) emptied their colleague’s bank account by making an online transfer of S$690 after one of them stole the victim’s ...
Transition finance is a key part of Standard Chartered’s future road map
THE business of transition finance is fraught with challenges, from a lack of clarity on taxonomies, regulations and incentives, to the high cost of decarbonisation in certain sectors. Read more at ...
Singapore financial firms shrink gender pay gap
SINGAPORE: The gender pay gap for women working in Singapore’s finance industry narrowed to 15.6% in 2022, almost half the 27.1% gap of a decade ago, the city-state’s Manpower Ministry said in a ...
Ola Electric eyes IPO filing by end-October in expedited listing plan
Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion in a recent fund raising ...
Singapore may split liabiilty for phishing losses between banks and victims
Won't someone please think of the banks? Singapore officials announced on Monday that next month they will deliver a consultation paper detailing a split liability scheme that will mean both consumers ...
Singapore money laundering case snowballs further to over S$2.4 billion in assets seized or frozen
SINGAPORE: A massive, transnational money laundering case that surfaced in Singapore has further swelled to now involve over S$2.4 billion (US$1.8 billion) in seized or frozen assets. This more than d ...
5 Singapore Stocks That Paid Out Dividends in September
We profile five stocks that dished out dividends this month. The post 5 Singapore Stocks That Paid Out Dividends in September appeared first on The Smart Investor.
India’s Ola Electric eyes IPO filing by end-Oct in expedited listing plan-sources
Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion in a recent fund raising. In an email to its bankers and lawyers on Sunday, an Ola ...
Ola Electric eyes IPO filing by Oct-end to raise up to $700 mn: Report
Ola Electric plans to file regulatory papers for its up to $700-million IPO before the end of October as the e-scooter maker fast-tracks its listing move, said a report on Wednesday. Backed by ...
Ola Electric Likely To File For IPO By October-end In Expedited Listing Plan: Report
Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion in a recent fund raising.
RHB downgrades UOB to ‘neutral’ on limited potential upside to share price
As at RHB’s report on Sept 18, shares in the bank closed at $29.20 as at Sept 15. In comparison, the team’s unchanged target price of $31.70 offers an upside of 9%.
Son of Singapore’s Former Prime Minister Charged With False Trading Offenses
The development adds to a number of scandals in the financial hub known for its zero tolerance for corruption.