VLCC will utilise the funds towards working capital requirement and for expanding its business as well as that of its subsidiaries. ( read original story ...)
UOB launches U-Energy, Asia’s first integrated financing platform to drive energy efficiency
Energy, the first integrated financing platform in Asia, to drive the development and adoption of energy efficiency projects for buildings and homes across four markets, starting in Singapore, ... ( read original story ...)
Standard Chartered invests in buy now, pay later firm Atome Financial
As part of the alliance, StanChart will finance $500 million worth of loans, comprising mainly BNPL and other digital lending products. ( read original story ...)
Adani Wilmar, Star Health Insurance IPOs get Sebi go-ahead: Report
Adani Wilmar plans to raise ₹4,500 crore through a fresh issue of equity shares and the total IPO size of private-sector insurer Star Health Insurance will be around ₹5,500 crore. ( read original story ...)
Hong Kong’s IPO market withers as billion-dollar listings lapse
Large IPOs falling by the wayside are a further sign of how China’s regulatory onslaught is causing a downturn in the financial hub’s market for first-time share sales. ( read original story ...)
Yip Pin Xiu gets $800,000 for 2 Paralympics golds; cash reward doubled as DBS named new sponsor
SINGAPORE - DBS Bank has thrown its weight behind national Paralympic athletes by becoming sponsors in the Athletes Achievement Awards (AAA).Their involvement in the award scheme, which is managed by ... ( read original story ...)
Yip Pin Xiu gets $800k for 2 Paralympic golds; cash reward doubled as DBS named new sponsor
The athlete was due to receive $200k for each of the two gold medals she won, a fifth of the payout for an Olympic gold.. Read more at straitstimes.com. ( read original story ...)
Yip Pin Xiu earns $800k for Tokyo Paralympic golds as DBS doubles award payout
DBS Bank announced it will match the sponsorship of the Athletes Achievement Awards, with Yip Pin Xiu becoming the first beneficiary after her two-gold feat at the Tokyo Paralympics. ( read original story ...)
Paralympics: Yip Pin Xiu gets $800k for two golds; cash reward doubled as DBS named new sponsor
The athlete was due to receive $200k for each of the two gold medals she won, a fifth of the payout for an Olympic gold.. Read more at straitstimes.com. ( read original story ...)
IPOs of Adani Wilmar, Star Health Insurance get SEBI nod
The initial public offer (IPO) plans of Adani Wilmar and Star Health Insurance have received the go-ahead from the Securities and Exchange Board of India (SEBI), said CNBC-TV18 sources. ( read original story ...)
Hong Kong muscles in on Singapore’s China stock futures monopoly
Hong Kong is starting futures contracts that make it easier for international investors to bet on mainland Chinese stocks, intensifying the rivalry with Singapore. ( read original story ...)
Citibank services to be down for 9 hours starting today. Check details
Citibank said in an email communication to its customers that dispute on any credit card transaction can be raised by accessing the link sent as part of the system generated transaction SMS during the ... ( read original story ...)
Standard Chartered invests US$500 million in BNPL trailblazer Atome
As one of the biggest 'buy now, pay later' (BNPL) players in Southeast Asia, Atome continues to attract major investments. The Singapore-based company ... ( read original story ...)
Singapore: MAS raised policy slope – UOB
Economist at UOB Group Barnabas Gan, Senior FX Strategist Peter Chia and Rates Strategist Victor Yong assess the latest decision by the MAS. Key Takeaways “Based on the advance ... ( read original story ...)
Singapore tightens monetary policy as price pressures grow
SINGAPORE: Singapore’s central bank unexpectedly tightened its monetary policy yesterday, delivering its first such move in three years, amid mounting cost pressures caused by supply constraints and a ... ( read original story ...)
Asean bloc at a ‘tipping point of significant reset’: Standard Chartered
EVEN as the second quarter and the third quarter have been "challenging" for Asean as a whole, the year as a whole should show a good technical rebound of high single digits, said Benjamin Hung, chief ... ( read original story ...)