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Tag: finance

Posted on 02/02/2023

ABB E-mobility private placement sets Sfr2.7bn valuation pre-IPO

With an implied valuation of Sfr2.7bn, ABB e-mobility could have a free-float of 25% after its planned IPO in the second half of the year ABB E-mobility took a group of international investors on ...

Posted on 01/02/2023

CytoMed Therapeutics to Sell 2.41 Million Shares at $4-$5 Each in IPO

By Colin Kellaher CytoMed Therapeutics Pte. Ltd. on Wednesday said it plans to sell about 2.41 million shares at between $4 and $5 apiece in its ...

Posted on 01/02/2023

Standard Chartered Appointed Cash Management Partner and FX Prime Broker for OANDA in USA, UK, and Singapore

Standard Chartered Bank (the "Bank") has been appointed as OANDA’s cash management bank for payments and collections in the United States and United Kingdom; an extension of an existing relationship ...

Posted on 01/02/2023

Standard Chartered joins the DP World Tour as associate partner

With presence in various markets worldwide, the bank hopes to offer exclusive golf experiences to its clients through the partnership Standard Chartered joins the DP World Tour as associate partner DP ...

Posted on 01/02/2023

DP World Tour and Standard Chartered tee-up multi-year banking deal

UK-based financial services firm Standard Chartered receives associate and official banking partner designation through deal with the DP World Tour.

Posted on 01/02/2023

Climate tech investments, positioning Singapore as ESG arbitration centre: PwC’s Budget 2023 wish list

SINGAPORE - Offering incentives for early-stage investments into climate tech solutions, and schemes to refine capital risk charge with respect to green finance, could help strengthen Singapore’s ...

Posted on 01/02/2023

DBS to subsidise 5 million hawker meals amid rising food prices

DBS/POSB announced on Wednesday (Feb 1) that it will subsidise five million meals at hawker centres over the next 12 months, as food prices continue to rise amid inflationary pressures.  Read more at ...

Posted on 01/02/2023

HSBC Singapore completes legal integration of AXA

This enables HSBC to begin its insurance operations in Singapore. HSBC has completed the legal integration of AXA Insurance Pte Limited (AXA Singapore) and HSBC Insurance (Singapore) Pte. Limited. via ...

Posted on 01/02/2023

Some users in SG confused as SMSes from legitimate firms get flagged as ‘likely scam’

A handful of Internet users received SMSes marked as “likely scam” after a new system by the Infocomm Media Development Authority (IMDA) dubbed the SMS Sender ID Registry kicked in on Tuesday to alert ...

Posted on 01/02/2023

Economists mixed on fiscal outlook for FY2023 Budget; UOB sees 0.8% deficit while RHB forecasts 1.0% surplus

Economists are mixed on Singapore’s FY2023 Budget announcement on Feb 14, forecasting different surplus or deficit levels of gross domestic product (GDP) for Singapore’s FY2023 fiscal outlook. For ...

Posted on 01/02/2023

Analysts lift TPs on Genting Singapore following share price rally on China reopening boon

Genting Singapore is undoubtedly one of the best Chinese tourism proxies on the Singapore Exchange, says Maybank Securities.

Posted on 01/02/2023

How First Abu Dhabi Bank pursued Standard Chartered and ‘opened Pandora’s box’

In November, the world’s tallest tower, Dubai’s Burj Khalifa, was lit up with the colours and logo of Standard Chartered. As the bank’s chief executive Bill Winters and chair José Viñals looked on, ...

Posted on 01/02/2023

Backbase Engagement Banking Platform named Luminary in Celent Retail and SME Banking Awards

Backbase recognized for excellence in Celent international digital banking awards SINGAPORE - Media OutReach - 1 February 2023 - Backbase, the Engagement Banking platform leader, was recently named a ...

Posted on 01/02/2023

Hawker stall patrons to get $3 cashback on meals every Friday with DBS PayLah! app

Singaporeans will be able to enjoy cashback of up to $3 when they pay for a hawker centre meal using the DBS PayLah! app on Fridays, from Feb 10. The programme, which will end on Jan 19, 2024, applies ...

Posted on 01/02/2023

2023 survey shows that Singapore women are less likely than men to pursue career-related training

So maybe you’ve seen the Institute of Policy Studies’ (IPS) latest survey making its way around town. Well, let’s just say, it yields some interesting insights. Published on Jan 16, 2023, the study ...

Posted on 01/02/2023

Commentary: Not just Big Tech – there are tech talent opportunities aplenty in ‘non-tech’ sectors

SINGAPORE: Think tech opportunities are dwindling? Think again. Although some of the world’s biggest tech firms – from Microsoft and Meta to Alphabet and Amazon - have announced mass layoffs, ...

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