IPOs raised $614.7m (US$0.44b) from January to May 2022 Singapore’s initial public offering (IPO) posted $617.4m ($US440m) funds raised from January 2022 to May 2022 from 10 offers, PwC said in its ... ( read original story ...)
Singapore’s Central Bank Weighs Further Safeguards on Retail Crypto Trading
The Monetary Authority of Singapore (MAS) is considering introducing further safeguards on access to crypto among the general public, a senior government minister said. Tharman Shanmugaratnam, ... ( read original story ...)
HSBC Plans to Re-Launch Private Banking Business in India
HSBC Holdings plc HSBC, which has continuously been making efforts to expand its presence in the growing Asia markets, plans to re-launch its private banking business in India in a year. The news was ... ( read original story ...)
Singapore Weighs New Crypto Safeguards as Industry Stumbles
Singapore is considering new rules to protect consumers after plunging digital asset prices triggered a series of high-profile crypto blowups, including firms based in the city-state. ( read original story ...)
Best deals in July 2022
As we cross into the second half of the year, July 2022 welcomes us with huge deals including 1-for-1 promos and clearance sales. ( read original story ...)
Joanne Khew shifts from Standard Chartered Bank to ESG role at Eastspring Investments
Joanne Khew, a sustainable finance director at Standard Chartered Bank in Singapore, has taken on a new sustainability role at Eastspring Investments. ( read original story ...)
All You Need To Know About Singapore’s Home Loan Rates Hitting New Highs Amidst Fed Interest Rate Hike
Amidst the Fed's latest interet rate hike, the rates of housing loans in Singapore have all surged. What does this mean for us? Read on ... ( read original story ...)
Woman charged after firm’s bank account allegedly received ill-gotten gains of over $370k
She allegedly took instructions from an unidentified person to open two shell companies. Read more at straitstimes.com. ( read original story ...)
Singapore’s prison conditions acceptable; no fans and mattresses for safety reasons: Shanmugam
S'pore's prison regime and prison environment are austere, intentionally so with a lot of emphasis on security and monitoring. Read more at straitstimes.com. ( read original story ...)
Singapore Central Bank Censures Three Arrows Capital for Alleged Misleading and False Disclosures
The crypto hedge fund also exceeded the threshold of assets it could manage in Singapore, according to the central bank. ( read original story ...)
CGS-CIMB keeps ‘add’ on OCBC as net interest margins set to expand
CGS-CIMB analyst Andrea Choong has maintained her “add” call for OCBC with no changes to the previous target price of $14.20. ( read original story ...)
Entry opportunities into S-REITs amid heightened fear, data centres ‘down but not out’: DBS
DBS Group Research analysts see entry opportunities into Singapore REITs amid a period of “heightened fear”, while data centre S-REITs are worth a shot. That said, investors have turned more defensive ... ( read original story ...)
Workplaces in S’pore not reinstating mandatory regular testing yet despite Covid-19 wave
Employers say they are monitoring the situation and will adjust their measures when needed. Read more at straitstimes.com. ( read original story ...)
Asia-Pacific markets set to open higher; central bank decisions ahead this week
Futures in the Asia-Pacific pointed to a higher open on Monday. The U.S. market is closed for a holiday Monday. Looking ahead, results from a private survey on China's services activity is due later ... ( read original story ...)
Expedia Singapore – Citibank, HSBC, DBS Credit Card Promotions (2022)
$500) with promo code UOBSG15 Book by 31 Dec 2022, travel by 31 Mar 2023 Citibank credit cards 20% ... Mar 2023 AMEX credit cards 6% off hotels in Singapore and worldwide Book by 31 Dec 2022 ... ( read original story ...)
UOB raises GDP forecast for Vietnam to 7%
The United Oversea Bank of Singapore (UOB) has revised up Vietnam’s 2022 GDP growth forecast to 7.0% from 6.5%, assuming no further severe domestic disruptions from COVID-19, and projected growth of ... ( read original story ...)