After four quarters of year-on-year decline, Singapore’s economy finally clocked positive growth — expanding 1.3 per cent in the first quarter of this year compared with the same period a year ago. ... ( read original story ...)
Chinese Firms Halt U.S. IPO Plans
The boom in Chinese listings in the U.S. is coming to a sudden halt. Bloomberg’s Julia Fioretti reports on “Bloomberg Daybreak: Asia.” (Source: AccuWeather) ... ( read original story ...)
Singapore sees uneven recovery after Q1 GDP tops forecasts
Singapore's economy expanded more than first thought in the first quarter and the government maintained its growth forecast for the year, but struck a cautious note about recovery due to uncertainties ... ( read original story ...)
Citi appoints Serene Gay as head of credit cards and personal loans for global consumer banking in Singapore
Citi, on Monday, announced the appointment of Serene Gay as the Singapore Head of Credit Cards & Personal Loans for its Global Consumer Banking (GCB) business, succeeding Vikas Kumar who will be ... ( read original story ...)
Bank of Singapore CEO Bahren Shaari to join NUS board of trustees
SINGAPORE - Top banker Bahren Shaari has been appointed to the National University of Singapore (NUS) board of trustees from June 1. The NUS alumnus Earlier, Mr Bahren was the bank's senior managing ... ( read original story ...)
Citi appoints new Singapore head of credit cards and personal loans
Citi has appointed Ms Serene Gay as its new Singapore head of credit cards and personal loans for its global consumer banking business.. Read more at straitstimes.com. ( read original story ...)
Gojek and Tokopedia’s holding group GoTo plans fundraising ahead of blockbuster IPO this year
The Indonesian unicorn is likely to attract sovereign wealth funds and global financial institutions with a final round of fundraising to anchor what is likely to be Jakarta’s largest ever initial ... ( read original story ...)
OCBC plans to increase Global Transaction Banking staff strength in Singapore by end-2022
The division currently has close to 100 staff in Singapore. OCBC Bank's Head of Global Transaction Banking, Melvyn Low, has shared with The Straits Times the bank's intention to grow the division's ... ( read original story ...)
Singapore central bank set up green finance industry taskforce
A financial industry taskforce convened by the Monetary Authority of Singapore (MAS) launched today several initiatives to accelerate green finance in Singapore through improving disclosures and ... ( read original story ...)
Would investors take a big gulp of the Oatly IPO?
Oprah-backed Oatly Group of Malmo, Sweden is on track to claim the title as the biggest plant-based food company IPO of 2021. ( read original story ...)
Aung San Suu Kyi in court, JD Logistics IPO, HSBC coal plan
After more than 100 days under house arrest, Aung San Suu Kyi will appear in court on Monday as the junta levies five criminal charges against her. And with 60 days to go before Tokyo welcomes 15,000 ... ( read original story ...)
Zomato, GoAir and other major upcoming IPOs in 2021
Companies that have recently filed the draft prospectus for their offering with market regulator include Zomato, GoAir, CarTrade, Nuvoco Vistas, Devyani International, and Aditya Birla Sunlife AMC. ( read original story ...)
Singapore to Review Support for Vulnerable Firms Amid Outbreak
Singapore will review how it can further support companies after a new wave of Covid-19 infections prompted authorities to increase restrictions that curbed business activity and the movement of ... ( read original story ...)
Oatly soars in trading debut after raising $1.9b in IPO
NEW YORK • Oatly Group, the vegan food and drink maker, climbed 19 per cent in its debut after pricing its initial public offering (IPO) on the high end to raise more than US$1.4 billion (S$1.86 ... ( read original story ...)
For Monde Nissin IPO, allotment cap for retail investors raised to P 1M
As Monde Nissin Corp. launched the largest initial public offering (IPO) in Philippine stock market history and the biggest equity deal out of Southeast Asia’s food and beverage segment, local small ... ( read original story ...)
Singapore stocks track Wall St gains to end 0.26% higher
Investors ended the week on a high note with local shares tracking Wall Street gains overnight as inflation concerns subsided amid favourable United States jobs data.. Read more at straitstimes.com. ( read original story ...)