World economies look set to rebound in 2021 from the pandemic-induced slump, with those in Asia likely leading the way, said Taimur Baig of DBS Bank. ( read original story ...)
Major Asian bank outlines 12 trade ideas for 2021
World economies look set to rebound in 2021 from the pandemic-induced slump, with those in Asia likely leading the way, said Taimur Baig of DBS Bank. ( read original story ...)
Singapore banks unveil tougher commodity finance standards after fraud scandals
Singapore’s banks have finalised a code of best practice for the provision of trade finance to the commodities sector, after a string of fraud scandals left lenders with significant financial losses. ( read original story ...)
Thailand is set to dominate Southeast Asia’s IPO market in 2020, says Deloitte
Thailand’s IPOs have contributed more than 60% of the $6.44 billion in total funds raised across Southeast Asia as of Nov. 15, Deloitte data showed. ( read original story ...)
Today In Payments: Singapore Non-Banks Access Real-Time Payments; Airbnb, DoorDash Seek Higher IPO Valuations
In today's top news, Singapore's non-bank lenders will soon have access to PayNow and FAST, and Airbnb and DoorDash are seeking higher-than-expected IPOs. ( read original story ...)
DoorDash aims to double valuation in much-awaited IPO
DoorDash Inc said on Monday it is aiming to raise up to $2.8 billion in an initial public offering (IPO), which could double the value of the U.S. food delivery startup and be one of 2020’s largest ... ( read original story ...)
Singapore non-bank firms can use real-time payments systems – MAS
Only institutions licensed as “major payment institutions” under the Payment Services Act will be eligible, the Monetary Authority of Singapore said today (November 30). They could be given access to ... ( read original story ...)
Ant IPO Has Slim Chance of Getting Done Next Year
The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to ... ( read original story ...)
Commodity-finance industry in Singapore gets code of best practices
This comes after the city-state's reputation as a trusted hub for this lending segment has taken a hit of late.. Read more at straitstimes.com. ( read original story ...)
Ant IPO is said to face slim chances of getting done next year
The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to ... ( read original story ...)
Tech Stocks Slowly Gaining Prominence in Singapore’s Market
(Bloomberg) -- Technology stocks, the lack of which has made Singapore one of Asia’s worst markets this year, are slowly starting to win more clout in the city-state. Load Error The Southeast Asian ... ( read original story ...)
Made Money On A China IPO? Be Careful About What Happens Next
The Singapore native and former venture capitalist is currently ... series C that want to list to hire a CFO to help the business look attractive during an IPO process, he said. “Fundraising is such ... ( read original story ...)
Finance minister leaves for Singapore for treatment
Finance Minister AHM Mustafa Kamal has left Dhaka for Singapore tonight for follow-up treatment. The information was provided in a press release from the Ministry of Finance. It said, "Finance ... ( read original story ...)
Is the customer or bank responsible for fraudulent transactions in Singapore?
Can the Singapore police help you to recover funds transferred to an overseas bank?. Read more at straitstimes.com. ( read original story ...)
Singapore IPO activity ‘bright’ amidst market risks
Singapore raised US$852m in proceeds from eight IPO deals so far this year. Total initial public offering (IPO) activities in Southeast Asia for almost 11 months this year raised US$6.44b from 100 ... ( read original story ...)
Singapore sees tech leading 1,800 new finance jobs through June
Banks and other financial firms in Singapore are planning to offer 1,800 newly-created jobs in the 12 months through June, according to the nation’s financial regulator.Almost half of the positions ... ( read original story ...)