Singapore banks will extend debt relief for individuals and ... Like their global peers, local lenders DBS Group Holdings Ltd, Oversea-Chinese Banking Corp and United Overseas Bank Ltd are bracing for ... ( read original story ...)
Singapore’s revenue position to be ‘weak’ in coming years, spending strategy one of ‘prudence, not austerity’: DPM Heng
The Government expects Singapore’s revenue position to remain weak for a number of years due to the impact of COVID-19 on the global ... ( read original story ...)
Singapore’s Budget to Feel Virus Strain for Years, Deputy PM Says
Singapore’s budget will likely be challenging for a number of years as officials look to balance fiscal sustainability with generous aid amid a long recovery, and signaled that higher taxes may be on ... ( read original story ...)
Converge ICT targets Philippines biggest IPO amid regional market revival
Philippines' Converge ICT Solutions Inc plans to raise as much as $680 million in an initial public offering that would be the country's largest ever, sources said on Monday, encouraged by a ... ( read original story ...)
Converge ICT targets Philippines biggest IPO by tapping web boom
SINGAPORE/MANILA (Reuters) - Philippines' Converge ICT Solutions Inc is targeting the country's biggest initial public offering (IPO) after setting price terms to raise as much as $680 million ... ( read original story ...)
Philippines’ Converge targets country’s biggest IPO after narrowing price
Philippines' Converge ICT Solutions Inc has narrowed the selling price for its market debut, with the fibre broadband services provider on course for the country's largest initial public offering (IPO ... ( read original story ...)
Job seekers in Singapore willing to accept lower pay as COVID-19 pandemic hits hard
accounting and finance, and some sales and marketing roles also might expect salary hikes, said Ms Genc. ManpowerGroup Singapore country manager Linda Teo agreed that salaries have increased in ... ( read original story ...)
CEO Spotlight: Lee Li Meng, the man who plans to gamify finance
Razer Fintech consider themselves the “world’s first global youth bank” and are quickly laying the groundwork for one of the future’s most innovative fintech platforms. ( read original story ...)
Singapore’s Incomlend makes ‘cherry-picking’ cross-border trade invoices possible, CEO says
Singapore-based Incomlend's marketplace approach gives investors more visibility in "picking and choosing" post-shipment financing receivables, and we believe that cross-border trade finance can be an ... ( read original story ...)
Broadband firm’s IPO secures PSE go signal
Converge’s IPO would only be the second for 2020 ... Converge ICT has tapped Morgan Stanley Asia (Singapore) Pte. and UBS AG Singapore Branch as joint global coordinators and bookrunners for the ... ( read original story ...)
PSE approves Converge IPO
It’s all systems go for Converge ICT’s initial public offering of up to P41.55 billion after getting the nod of the Philippine Stock Exchange late Wednesday. ( read original story ...)
Factbox: Russian IPOs in times of crisis
The initial public offering (IPO) of Russian shipping giant Sovcomflot is the first major stock exchange flotation in Moscow in three years as deals were held back by political uncertainties and the ... ( read original story ...)
Converge ICT secures PSE approval for P41-B IPO
The Philippine Stock Exchange (PSE) has given the go-ahead for Converge ICT Solutions Inc. to proceed with its P41.55-billion initial public offering (IPO) later this month. ( read original story ...)
Singapore’s CapitaLand launches 2030 sustainability master plan, aims to triple sustainable finance portfolio to S$6b
CapitaLand Ltd unveiled its first sustainability master plan today that focuses on its sustainability targets, strategies and plans until 2030.Under the plan, clear environment-related targets are ... ( read original story ...)
Singapore Businessman Charged With $558 Million Wirecard Fraud
(Bloomberg) -- Singapore authorities charged the director of a local accounting firm with fraud for falsely claiming his company held 475.5 million euros ($558 million) on behalf of disgraced German ... ( read original story ...)
Singapore bank lending falls for 6th straight month in August: MAS data
Bank lending in Singapore in August fell for the sixth straight session over the month, preliminary data from the Monetary Authority of Singapore showed on Wednesday (Sept 30). This was largely driven ... ( read original story ...)