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Tag: finance

Posted on 02/08/2023

Singapore’s GIC boosts infrastructure investment in India, Vietnam

SINGAPORE -- Singaporean sovereign wealth fund GIC is focusing on infrastructure investments and moving money from China to India and Southeast Asia, looking for more stable returns than those ...

Posted on 02/08/2023

Wirecard’s auditor EY was too gullible, Singapore suspect claims

A key suspect in the Wirecard fraud stated that the firm’s auditor EY was too gullible as it accepted fabricated letters confirming millions of euros in cash without any further checks, a court in ...

Posted on 01/08/2023

Singapore fintech funding at 3-year low, but experts say recovery near

SINGAPORE fintech funding sank to a three-year low in the first half of 2023 as rising interest rates and economic headwinds continued to dent investor sentiment, but experts believe a recovery is on ...

Posted on 01/08/2023

FUTUREGRAIL’S INAUGURAL ONLINE AUCTION OF COLLECTIBLE TIMEPIECES IN SINGAPORE

Singapore-based premier investment advisory firm for high-end watches, FutureGrail, is pleased to announce its inaugural online auction of collectible timepieces, going live on 8th September and ...

Posted on 01/08/2023

Ways to Start Investing For Your Children to Give Them a Financial Head-Start

How to start investing for my children?” If that is a nagging question in your mind, read on because this article will discuss the financial goals you should set for your little ones and how you can ...

Posted on 01/08/2023

Concord Biotech IPO to open on August 4. Here are 10 things to know about the offer

The initial public offering (IPO) of Concord Biotech will open for subscription on August 4. The issue closes on August 8. The company's shares are expected to get listed on both the exchanges. Here ...

Posted on 01/08/2023

Global and Singapore fintech funding reduced, alongside dip in late stage funding, given rising interest rates and economic headwinds

Within the crypto space globally, Singapore has gained prominence among investors and startups as a strong forerunner. This comes as the nation has in place regulations such as the Payment Services ...

Posted on 01/08/2023

Insurance veteran to run for Singapore’s presidential seat

He became CEO of Income Insurance (formerly NTUC Income) up until 2007. Finance and insurance veteran, Tan Kin Lian, announced in a social media post his application for a certificate of eligibility ...

Posted on 01/08/2023

OCBC customers can use banking app to pay via UnionPay QR code in Thailand, M’sia, China & other markets from Aug. 4

OCBC customers will be able to use their OCBC Digital app to easily pay UnionPay QR-enabled merchants in 47 markets, including Singapore, starting Aug. 4, 2023.

Posted on 01/08/2023

OCBC launches UnionPay QR feature for cross-border payments

OCBC Digital banking app users will be able to make cross-border retail payments in 47 markets, using a new UnionPay QR feature that is slated to launch on Aug 4. Read more at The Business Times.

Posted on 01/08/2023

Oriana Power IPO: Find GMP, price band, subscription, key investors and other details here

The company will deploy the proceeds towards meeting its working capital requirements, investment in subsidiaries, capital expenditure ...

Posted on 01/08/2023

Singapore PM Lee Hsien Loong to address political scandals in Parliament on Wednesday (Aug 2)

Singapore’s Prime Minister Lee Hsien Loong will address the ongoing graft investigation involving Transport Minister S. Iswaran and property billionaire Ong Beng Seng in parliament on Wednesday (Aug 2 ...

Posted on 01/08/2023

OCBC collaborates with UnionPay QR to expand cross-border payment options

This scan-and-pay feature is the result of an agreement signed between OCBC and UnionPay International (UPI) in April 2023, and is the latest cross-border payment collaboration for OCBC.

Posted on 01/08/2023

Singapore’s GIC sets sights on Vietnam, India, and Indonesia

Singapore's sovereign wealth fund, GIC, is shifting its investment strategy to focus more on emerging markets like India, Indonesia, and Vietnam.

Posted on 01/08/2023

DBS shares its secret to becoming AI-fuelled

The bank currently has more than 300 AI and machine learning use cases, which helped with revenue uplift and cost avoidance.

Posted on 01/08/2023

Depreciating RMB ‘throwing salt’ on CapitaLand China Trust’s ‘recovering wounds’, 1HFY2023 DPU down 8.8% y-o-y: DBS

Divestment will continue to feature strongly within CLCT’s retail segment among older non-core retail assets, say DBS’s analysts.

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