China will strengthen cooperation with Singapore to promote greater financial connectivity, according to officials ... ( read original story ...)
OCBC develops sustainable finance framework
OCBC Bank has developed a framework – the OCBC SME Sustainable Finance Framework – that makes it simpler and less costly for Singapore small and medium enterprises (SMEs) to access sustainable ... ( read original story ...)
Monetary Authority of Singapore launches world’s first grant scheme for ‘green’ loans
Companies of all sizes will get more support in securing green and sustainability-linked loans, with a new grant scheme launched by the Monetary Authority of Singapore (MAS) on Tuesday (Nov 24). ( read original story ...)
Singapore: 2020 GDP seen contracting 6.0% – UOB
Economist at UOB Group Barnabas Gan reviewed the latest GDP results in Singapore. Key Quotes “Singapore’s 3Q20 GDP improved from the previous advanced estimates by MTI, accord ... ( read original story ...)
UOB launches its Smart City Sustainable Finance Framework, the first by a bank in Asia to help more companies advance responsibly
UOB today launched the UOB Smart City Sustainable Finance Framework (UOBSCSFF), the first dedicated financing framework by a bank in Asia to make sustainable financing more accessible to companies ... ( read original story ...)
The curious case of Lakshmi Vilas Bank’s merger with DBS
The RBI has displayed hitherto never-displayed alacrity in merging Lakshmi Vilas Bank with Singapore’s DBS, sidestepping a credible deal on the table ... ( read original story ...)
Singaporeans’ financial well-being under stress from Covid-19, OCBC survey finds
Many are now struggling to keep up with housing loan payments and maintaining their usual level of passive income.. Read more at straitstimes.com. ( read original story ...)
Singapore consumers express concern over ‘complicated’ tourist voucher redemption process
The SingapoRediscovers Vouchers can be redeemed online through five authorised booking partners.. Read more at straitstimes.com. ( read original story ...)
UOB to issue first Singapore covered bond in two years
United Overseas Bank has mandated leads for the first euro covered bond benchmark from a Singapore lender since September 2018. The deal takes advantage of the Monetary Authority of Singapore’s (MAS) ... ( read original story ...)
Jail for company founder who helped clients secure nearly $1m in bank loans through forged payslips
A company founder used forged payslips to assist others in applying for bank loans.. Read more at straitstimes.com. ( read original story ...)
OCBC Securities, Lion Global Investors to launch SG’s first tech-focused ETF
It will give Singapore investors easy access to HKEX-listed tech-themed stocks. Lion Global Investors and OCBC Securities will list Singapore's first technology-focused exchange traded fund (ETF) on ... ( read original story ...)
What Singapore analysts say about DBS takeover of Lakshmi Vilas Bank
Last week news emerged that DBS Bank DBS Southeast Asia largest lender has proposed to fold Indian Bank Lakshmi Vilas Bank LVB into its Indian subsidia ... ( read original story ...)
EMERGING MARKETS-Singapore stocks hit 8-month high as economic outlook brightens
World FX rates * Singapore Q3 GDP contracts less than expected * Tourism-reliant Thailand shares gain over 2% * Japan stock markets closed for holiday By Shruti Sonal Nov 23 (Reuters) - Singapore ... ( read original story ...)
IPO market in both the U.S. and China to remain strong in the near term, VC exec says
Vertex has two companies that are planning to go public next year, one in the U.S. and the other in China, according to Chua Kee Lock. ( read original story ...)
Singapore Sees Return to Growth in 2021 on Global Recovery
Singapore said its economy will probably expand 4% to 6% next year amid a global recovery from the worst of the coronavirus pandemic and as travel restrictions and local safety measures are eased. ( read original story ...)
Singapore”s economy to return to growth in 2021 after worst slump
SINGAPORE (Reuters) - Singapore`s economy contracted less than initially estimated in the third quarter due to the gradual easing of COVID-19 lockdown measures and authorities expect the city-state to ... ( read original story ...)