Analysts said RailTel is a debt-free company and pays consistent dividends and, thus, could witness some traction. But there are a few red flags for long-term investors. ( read original story ...)
Singapore’s push for green infrastructure bonds will spur private sector into action, say experts
SINGAPORE: Singapore's plan to fund infrastructure projects with green bonds is set to "spur" the private sector into action, paving the way for a ... ( read original story ...)
Singapore Exchange Hopes to List SPACs as Early as This Year
SPACs could be a way to revive investor interest in Singapore’s stock market. The bourse has struggled to attract big-ticket IPOs over the past few years particularly in hot sectors such as technology ... ( read original story ...)
RailTel IPO subscribed over 7 times so far on last day
Analysts said RailTel is a debt-free company and pays consistent dividends and, thus, could witness some traction. But there are a few red flags for long-term investors. ( read original story ...)
Digital Banking Platform Revolut Launches Financial App for Kids in Singapore, Junior Accounts Available for Free
Digital banking platform Revolut launches financial app for kids in Singapore, Junior accounts available for free. ( read original story ...)
HSBC Singapore to name new CEO
HSBC will be naming a new chief executive for its Singapore business after its current head Tony Cripps was tapped to run Saudi British Bank (SABB), reports Bloomberg, based on an internal memo. The ... ( read original story ...)
Singapore Bourse May Give Up Support At 2,900 Points
The Singapore stock market on Wednesday halted the two-day winning streak in which it had picked up almost 10 points or 0.3 percent. The Straits Times Index now sits just above the 2,920-point plateau ... ( read original story ...)
RailTel IPO subscribed 2.8 times on Day 2 so far
The Rs 820 crore IPO by state-run RailTel Corporation of India was subscribed 2.8 times on the second day of the bidding process so far. By 10:20 am, the issue had received bids for 16,97,32,595 ... ( read original story ...)
Singapore’s virtual bank licences could provide template for SE Asian region
Virtual bank licences have been something of a work in progress in Singapore over the past few years, and despite the pandemic, this process has remained on track. In June last year, the Monetary ... ( read original story ...)
Here are the Winners and Losers From Singapore’s Smaller Budget
Singapore’s relatively smaller annual budget targeting just a few sectors of the country’s pandemic-hit economy for support will do little to significantly boost the country’s lagging stock market -- ... ( read original story ...)
RailTel IPO subscribed 2.6 times on Day-1 led by retail investors
The issue received bids for 16.14 crore equity shares against the offer size of over 6.11 crore shares, according to the data available on the exchanges.RailTel had on Monday raised ₹243.99 crore from ... ( read original story ...)
RailTel IPO Fully Subscribed on Day 1, overall 2.64 times
RailTel Corporation of India Limited ("RailTel"), one of the largest neutral telecom infrastructure providers in the country, received bids of 16,13,30,820 shares against the offered 6,11,57,360 ... ( read original story ...)
RailTel IPO Subscribed 2.64 Times On First Day
The initial public offer of telecom infrastructure provider RailTel Corporation of India was subscribed 2.64 times on the first day of subscription on Tuesday. The Rs 819.24-crore offer received bids ... ( read original story ...)
Number of unauthorised online banking and card transactions in Singapore jumps 460% in 2020
Many victims were tricked into revealing their user IDs, passwords, OTPs or credit card details.. Read more at straitstimes.com. ( read original story ...)
PolicyBazaar Close To Finalising Bankers For IPO At $3.5 Bn Valuation
PolicyBazaar is expected to dilute up to 15% stake through the IPO and is said to be seeking a valuation of almost $3.5 Bn ... ( read original story ...)
Singapore sets aside over $8 billion in 2021 budget for new Covid support package
Finance Minister Heng Swee Keat said the funds will be used to support Covid vaccination efforts and economic segments hit hard in the pandemic. ( read original story ...)