Singapore’s largest bank, recently hit an all-time high of S$35.51 while United Overseas Bank Ltd (SGX: U11) hit its 52-week high ... ( read original story ...)
Citi to sell Southeast Asia retail business in $5 billion deal to Singapore’s UOB
SINGAPORE - Citigroup has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) for about S$5 billion, bringing the US bank closer to its goal of exiting ... ( read original story ...)
Green finance is red-hot
GREEN financing is not exactly a new buzzword, but it is only now that it is gaining momentum both here and regionally. Put simply, green financing is any financing activity which takes into account ... ( read original story ...)
Singapore introduces IP Amendment Bill to streamline processes and improve legislative clarity
WTR talks with a local expert on what the implications are for brand owners and any potential roadblocks to implementation. ( read original story ...)
Adani Wilmar cuts IPO size to Rs 3,600 cr
Out of the IPO proceeds, Rs 1,900 crore will be used for capital expenditure, Rs 1,100 crore will be used for the repayment of debt and Rs 500 crore in funding strategic acquisitions and investments. ( read original story ...)
Adani Wilmar Ltd Slashes IPO Size To Rs 3,600 Crore From Rs 4,500 Crore
The company, which sells cooking oils under the Fortune brand, is expected to float its initial public offering (IPO) this month, they added. AWL is a 50:50 joint venture company between ... ( read original story ...)
Singapore’s UOB to buy Citi retail operations in 4 countries for $3.65 bln
Singapore lender United Overseas Bank (UOB) has agreed to buy Citigroup's consumer businesses in Indonesia, Malaysia, Thailand and Vietnam for about S$4.915 billion ($3.65 billion), funding the ... ( read original story ...)
Singapore’s UOB to buy Citi retail arms in 4 Southeast Asia markets for $3.65 billion
SINGAPORE (Reuters) -Singapore lender United Overseas Bank (UOB) has agreed to buy Citigroup's consumer businesses in Indonesia, Malaysia, Thailand and Vietnam for about S$4.915 billion ($3.65 billion ... ( read original story ...)
Singapore salary insights 2022 for 5 sectors: ICT, banking & finance, manufacturing, and more
A cloud engineer in the ICT sector, with three to five years of credentials, could earn a monthly salary in the range of S$5,000 to S$7,000, while a relationship manager in the banking & finance ... ( read original story ...)
Novo Tellus lodges preliminary prospectus for $150m Spac listing on SGX; Vertex launches Spac IPO
SINGAPORE - Another special purpose acquisition company (Spac) has lodged a preliminary prospectus with the Monetary Authority of Singapore (MAS) for a listing on the Singapore Exchange (SGX). . Read ... ( read original story ...)
Singapore’s Novo Tellus files for local SPAC public offering
Southeast Asian industrial technology buyout fund Novo Tellus Capital Partners has filed for a S$150 million ($111.4 million) special purpose acquisition company (SPAC) IPO in Singapore, making it the ... ( read original story ...)
Singapore Air Gets Cash on Cheap Thanks to Temasek Stake
Singapore Airlines Ltd. became the first carrier to tap the debt market for dollars in 2022, raising funds at a discount to peers thanks to its government backing.Most Read from BloombergCannabis ... ( read original story ...)
3 areas in financial statements Singapore companies must improve on
This was according to a study conducted by professors from NTU and SMU. A study commissioned by the Accounting and Corporate Regulatory Authority (ACRA) pointed to a room for improvement in the ... ( read original story ...)
Singapore Airlines raises $808 million in US dollar bond offering
The bond deal will help fund aircraft purchases and repay existing borrowings as the airline grapples with lower travel demand. . Read more at straitstimes.com. ( read original story ...)
Startup accelerator F10 to incubate early-stage blockchain startups in Singapore with Klaytn Foundation
Fintech startup accelerator F10 will partner with Klaytn Foundation to launch an Incubation Program in Singapore. The program will support early-stage startups built on Klaytn, a blockchain platform ... ( read original story ...)
Growing green talent, green finance and combatting greenwashing among MPs’ suggestions for climate action
SINGAPORE: Helping Singaporeans seize green jobs, making the country a green financing hub and fighting greenwashing were among the topics raised in a debate on a parliamentary motion that was passed ... ( read original story ...)