Singapore’s Keppel Corporation is to take a S$318 million (US$240 million) hit in its half-year results in respect of its exposure to independent upstream company KrisEnergy that has gone to the wall ... ( read original story ...)
Grab to delay its SPAC merger until fourth quarter, stretching the IPO horizon by Southeast Asia’s largest technology unicorn
The merger would value Grab at US$39.6 billion, making it the biggest-ever listing by a Southeast Asian technology company. ( read original story ...)
Digital Realty Weighs $300 Million Singapore Trust IPO
Digital Realty Trust Inc., a data center owner and operator, is considering an initial public offering of a trust in Singapore that could raise $300 million to $400 million, according to people ... ( read original story ...)
Singapore stocks are ‘not expensive’ — here are some top picks by a major Asian bank
As valuations climb in many stock markets, Singapore is one of the few that has undervalued stocks to pick, said the country's second-largest bank OCBC. ( read original story ...)
Stocks in news: SAIL, Bata, YES Bank, GAIL, PNB Housing and Reliance Power
GAIL reported a 28 per cent jump in March quarter net profit as petrochemical margins soared and gas marketing business turned around. ( read original story ...)
Singapore fintech firm MatchMove gets US$100 million funding
It has regulatory approval to operate in six countries including India, Indonesia and Malaysia. Its other investors include Singapore-listed Singapura Finance and Japan's NTT Investment Partners. This ... ( read original story ...)
Grab’s $40 Billion SPAC IPO Postponed Until Later This Year
Singapore-headquartered super app Grab is postponing its $40 billion initial public offering (IPO) via a merger with the special-purpose acquisition company (SPAC) Altimeter Growth Corp until the ... ( read original story ...)
Singapore places $1.8 bln for green investments
Singapore's central bank has allocated $1.8 billion with five asset managers as part of moves to protect its portfolio from climate change risks and aid the city-state's efforts to promote ... ( read original story ...)
Are digital banking entrants in Philippines a catalyst for a digital economy boom?
Digital banks in the Philippines are growing as two more players from Singapore join Overseas Filipino Bank as providers - Tech Wire Asia ... ( read original story ...)
Singapore based UNOBank Receives Digital Bank License in Philippines
UNObank has received a digital bank license in the Philippines, according to a note from the company. Singapore-based Fintech DigibankASIA Pte. Ltd., creator of UNObank, has received approval from the ... ( read original story ...)
SG’s local fintech business secures digital bank license
THE local operations of Singapore-based Tonik Financial Pte. Ltd. has secured a digital bank license from the Bangko Sentral ng Pilipinas (BSP), the first private neobank to do so in the country. ( read original story ...)
Standard Chartered unveils wealth management app in Singapore
Clients will be able to schedule appointments to talk to their relationship managers online #singapore #standardchartered #wealthtech ... ( read original story ...)
New Finance Minister To Stabilize Singapore
The public face of Singapore’s largely successful Covid-19 response is now in charge of the finance ministry. By continuing to use this site you consent to the use of cookies on your device as ... ( read original story ...)
Singapore fintech firm Nium expands in UK before pursuing IPO
Nium, a Singapore-based fintech startup backed by state-owned investor Temasek Holdings, agreed to buy payments firm Ixaris before pursuing an initial public offering in the US. ( read original story ...)
Japan’s Aozora Bank ties up with Singapore VC Genesis Alternative
Japan's Aozora Bank has tied up with Singapore-based venture debt fund Genesis Alternative Ventures Pte. Ltd. to enhance its financial services for startups and help Japanese customers looking to ... ( read original story ...)
Singapore Cancels F1 Race for Second Year as Others Keep Plans
The cancellation for a second year is due to “ongoing safety and logistic concerns brought about by the Covid-19 pandemic,” promoter Singapore GP Pte said Friday. Formula One reiterated it will ... ( read original story ...)