A ruling on a request to freeze the assets of Lim Oon Kuin and his two children following the collapse of Lim's oil trading firm Hin Leong Trading Pte Ltd will be made at a later date, following a ... ( read original story ...)
Green Pulse Podcast: Green Finance 101 – Directing capital to meet climate goals
The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.. Read more at straitstimes.com. ( read original story ...)
Jana Small Finance Bank files for IPO, to raise Rs 700 crore
Jana SFB has filed preliminary papers with SEBI to float an initial share-sale. Jana SFB IPO comprises fresh issuance of equity shares worth Rs 700 crore. ( read original story ...)
Neo-banking Startup StashFin Raises $40 Mn In Series B Extension Round
The platform will use the funds to pursue neo-banking across South Asia, double down on its plan to grow in existing markets, and strengthen the customer platform for local languages Singapore-based ... ( read original story ...)
Singapore FinTech Endowus raises $17m in series A funding round
“We began “Day 1” with the mission to solve the greatest challenges and problems of wealth and finance such as retirement adequacy. As the first-and-only CPF digital advisor and now the fastest ... ( read original story ...)
Discount Airlines Tap Stock Market as Investors Bet on Travel Recovery
Frontier Airlines and Sun Country have raised hundreds of millions in IPOs a year after the Covid-19 pandemic crushed air travel. ( read original story ...)
Jana Small Finance Bank files IPO papers, to raise Rs 1,100 crore
Jana Small Finance Bank said it may consider a pre-IPO placement of an aggregate amount not exceeding Rs 500 crore, including by way of a proposed further issue to its promoters for an amount of up to ... ( read original story ...)
Post-IPO, Is Vizio A Compelling Long-Term Play?
After a rough week for IPOs, Vizio Holding (VZIO), which is the ... he actually survived the horrific crash of Singapore Airlines Flight 006). His vision was to “make the home everyone’s ... ( read original story ...)
RPT-UPDATE 1-Singapore Exchange explores joining SPAC party but with restrictions
Singapore Exchange Ltd is proposing introducing regulations to allow the listing of Special Purpose Acquisition Companies (SPACs) or blank cheque firms that have taken U.S. markets by storm. "The ... ( read original story ...)
Endeavor files for IPO as Elon Musk is named to its board
The company had hoped to raise $712m from its aborted 2019 IPO. It was valued at $6.3bn in 2017, when it landed a $1bn investment from the Canada Pension Plan Investment Board and GIC, Singapore’s ... ( read original story ...)
Singapore Explores Getting in on SPACs
The Singapore Exchange started a public consultation on the publicly listed shell companies with ready pools of cash that seek to invest in—and merge with—private companies. ( read original story ...)
Bank customer satisfaction in Singapore dipped 1.7% in 2020: SMU study
Bank customers have become more price-sensitive given the economic environment.. Read more at straitstimes.com. ( read original story ...)
Asia’s worst stock market last year is now one of the region’s top performers
Singapore's benchmark Straits Times Index has climbed around 12.2% so far this year to become one of Asia's top performers. The STI ended 2020 as the worst performer in Asia after losing 11.8%. Still, ... ( read original story ...)
Asean finance ministers agree to roll out Covid-19 vaccination widely: DPM Heng
The ministers also agreed to strengthen their digital connectivity to grow their economies.. Read more at straitstimes.com. ( read original story ...)
Singapore Banks – Sector Outlook Revised to ‘Improving’
We have revised the Singapore banking sector outlook to improving, from stable, with profitability likely to rise significantly this year. Policy countermeasures helped keep non-performing loans (NPLs ... ( read original story ...)
Financial Services Roles Throughout Singapore – 2021
At the beginning of March 2021, The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) jointly issued a paper on managing and mitigating new risks that are predicted ... ( read original story ...)