Singapore is seeing online government services being accessed by facial recognition. This is the first of its kind anywhere in the world, as per a report in AFP. This technology is being used in the ... ( read original story ...)
Open Banking Developments in Singapore May lead to More Transformative Fintech Changes that those Offered by Digital Banking
Open Banking developments in Singapore may lead to more transformative Fintech changes than those offered by digital banking. ( read original story ...)
Wilmar’s China IPO rides on its cooking oil power
Kuok Khoon Hong pulled off a remarkable second act. The billionaire sold shares of his China business in the biggest ever initial public offering (IPO) on the Shenzhen Stock Exchange, thanks to the ... ( read original story ...)
Singapore must stay plugged into world to succeed: DPM
Even as the Covid-19 situation in Singapore stabilises and the country shifts its focus to economic recovery, it needs to stay open and connected to the world, Deputy Prime Minister Heng Swee Keat ... ( read original story ...)
Where will Ant Group’s next billion users come from as it ploughs its jumbo IPO proceeds into overseas expansion?
In Southeast Asia, the world’s fastest-growing region in terms of internet users, Singapore’s DBS Bank CEO Piyush Gupta ... that will be one way it can spend its IPO proceeds. “Consolidation will ... ( read original story ...)
Straits Trading: Planned IPO Of Associate Company Draws Attention
Straits Trading's net profit attributable to shareholders fell by -87.1% YoY to S$5.5 million in 1H 2020, largely due to weakness in its hospitality and tin mining & smelting businesses. ( read original story ...)
The largest-ever IPO on the Shenzhen Stock Exchange
Why it matters: This was the largest-ever IPO on the Shenzhen Stock Exchange. "After starting production in 1991 from the mainland's first packed oil production line, [Arawana] now has 40% of a ... ( read original story ...)
PSE gives green light to Converge IPO
Converge Information and Communications Technology Solutions, Inc., moves forward with its initial public offering after earning the nod of the Philippine Stock Exchange and receiving the permit to ... ( read original story ...)
Singapore, Hong Kong Unveil Travel Bubble That Scraps Quarantine
(Bloomberg) -- Singapore and Hong Kong will create a travel bubble that exempts people from both cities from quarantine, an agreement that will re-open links between Asia’s two premier financial hubs. ( read original story ...)
Wilmar shares drop over 7% following China IPO
As at 12.52pm, shares in Wilmar were trading 25 cents lower or 5.4% down at $4.41. Shares in Wilmar International dropped over 7% to $4.295 at 10.14am, less than an hour after its 89.88%-owned ... ( read original story ...)
South Korean boy band BTS’s label makes a strong debut in ‘really hot’ IPO market
SINGAPORE — Shares of Big Hit Entertainment ... told CNBC's "Squawk Box Asia" on Thursday. If you look at the overall IPO market, it's really, really hot. "We think that the entertainment industry ... ( read original story ...)
Billionaire Rides Cooking Oil Dominance to Record China IPO
Kuok Khoon Hong pulled off a remarkable second act. The billionaire sold shares of his China business in the biggest ever initial public offering on the Shenzhen Stock Exchange, thanks to the most ... ( read original story ...)
Does Singapore have the world’s best central banker?
Singapore is having a William McChesney Martin moment, and not a millisecond too soon. Martin, the revered, larger-than-life economist who led the U.S. Federal Reserve from 1951 to 1970, famously said ... ( read original story ...)
The World’s Largest Potential IPO Is Under Threat
Billionaire Jack Ma’s Ant Group is said to be seeking a valuation of about $250 billion as it plans a dual listing in Hong Kong and Shanghai, which could raise at least $35 billion. The ... ( read original story ...)
Singapore’s third-quarter GDP shrinks at slower pace of 7% after economy gradually reopens following circuit breaker
The Singapore economy shrank at a slower pace of 7 per cent in the third quarter from the same period last year, following the phased ... ( read original story ...)
Converge ICT’s IPO in full swing
Converge ICT Solutions Inc. is steps closer to getting publicly listed as it moves forward with its initial public offering (IPO) after securing the nod of both the Philippine Stock Exchange (PSE) ... ( read original story ...)