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Tag: ipo

Posted on 28/06/2023

Singapore’s MAS wants to increase deposit insurance coverage to S$100,000/pax

"MAS’ proposals are not in response to the stresses faced by some banks abroad earlier in the year. The key to ensuring a safe and resilient banking system is through pre-emptive safeguards, meaning ...

Posted on 28/06/2023

Creador acquires 40% stake in the IPO-hopeful M’sian company behind ProDiet & ProBalance

The news comes months after Reuters reported on Pet World’s plans of an IPO in Singapore to raise S$100 million as early as the end of this year. Other than Pet World, Creador-backed Eco-Shop also ...

Posted on 28/06/2023

Singapore seeks views on financing standards for early phase-out of coal in Asia

SINGAPORE - The Republic is seeking public views on standards for financing a speedy but less disruptive phase-out of coal-fired power plants in Asia. The public consultation launched on Wednesday by ...

Posted on 28/06/2023

How AI is Reshaping Banking in 2023

Artificial Intelligence is reshaping global finance by improving customer experience, operational efficiency, and more.

Posted on 28/06/2023

Singapore shares open higher on Wednesday; STI up 0.5%

SINGAPORE shares started trading in positive territory on Wednesday (Jun 28), tracking gains in the US and Europe markets. Read more at The Business Times.

Posted on 28/06/2023

GuocoLand secures $974 mil green facility to refinance Guoco Tower, launches green finance framework

This is GuocoLand’s largest green facility to date. GuocoLand has secured more than $2.4 billion of green financing to date.

Posted on 28/06/2023

Schroders joins Singapore digital asset initiative, works on tokenised investment vehicle

Schroders says its tokenised vehicle will explore asset ownership linked to blockchain technology that could improve personalisation of investment products and make investment all ...

Posted on 27/06/2023

Schroders explores digital asset fund in Singapore

Global asset manager Schroders has teamed up with the Monetary Authority of Singapore (MAS) to develop a tokenised digital asset fund.

Posted on 27/06/2023

Singapore Releases New AI Toolkit to Encourage Fair and Ethical Use in Finance

The Veritas Toolkit 2.0 was mainly developed by Accenture and Bank of China, while other banks participated in pilot testing.

Posted on 27/06/2023

Stock Market Live Updates: Sensex jumps over 200 pts, Nifty above 18,750; Adani Power rises 2%, ICICI Sec sheds 2%

Tokyo stocks opened lower on Tuesday, after US and European markets mostly retreated as a short-lived mutiny in Russia stoked concerns about the country's stability.The benchmark Nikkei 225 index was ...

Posted on 27/06/2023

Stock Market Live: Sensex, Nifty 50 likely to open with gains tracking global cues

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open higher tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 22 points ...

Posted on 27/06/2023

Digital banks have to do more to woo customers in Singapore, say analysts

The race for market share in the digital banking space has begun but new players have to do more to woo customers, say observers.

Posted on 27/06/2023

More Singapore firms find investment opportunities in Sichuan province | Video

More Singapore investors are searching for investment opportunities in China's Sichuan province. Singapore was Sichuan’s largest foreign investor in 2022, with about S$5.7 billion invested across ...

Posted on 26/06/2023

Apollo to invest in Singapore’s HMI Group via hybrid value funds

Apollo Global Management Inc has committed to invest in PanAsia Health Ltd, the holding company of Singapore regional healthcare firm HMI Group, through its hybrid value business, it said on Monday.

Posted on 26/06/2023

Singapore goes live with anti-fraud registry to eliminate duplicate financing

A long-awaited initiative to stamp out double financing fraud in global trade hub Singapore is now live, enabling banks to share information to check if a transaction has already been funded before ...

Posted on 26/06/2023

Singapore stocks: Keep calm and get dividends

SINGAPORE equities offer sustainable dividends and earnings growth in a low-return environment clouded by an uncertain global macroeconomic outlook. Read more at The Business Times.

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