Operating under an open architecture system, Manulife Advisory Group will enable larger insurance penetration and accelerate the rate of financial inclusion in Singapore. Customers will have a wide ... ( read original story ...)
Diginex launches Singapore cryptocurrency exchange
Singapore digital banking era will put focus on SMBs, consumer trust Introduction of digital banks will 'shake up' Singapore's banking industry, which is expected to have up to five new digital market ... ( read original story ...)
Shares of Singapore’s top banks fall after regulator limits dividend payouts for 2020
Shares of Singapore's top three banks tumbled on Thursday after the country's financial regulator asked lenders to cap dividends this year. The Monetary Authority of Singapore on Wednesday urged local ... ( read original story ...)
South-east Asian IPOs show tentative revival as issuers brave markets
A handful of companies from the technology and consumer durables sectors are aiming to launch IPOs in South-east Asia later this year, pointing to an upturn after Covid-19 pandemic-hit markets and ... ( read original story ...)
Blackstone-backed Mindspace REIT’s IPO covered 13 times on final day
Ahead of the IPO, the investment trust raised Rs 1,519 crore ($203 million) from anchor investors on Friday. The firm mobilised the capital by issuing 55.23 million units at Rs 275 apiece to 54 ... ( read original story ...)
Singapore bank shares fall after regulator caps dividends
Shares in Singapore banks fell in early Thursday trade after the central bank asked local banks to cap dividends this year to conserve capital and increase lending capacity amid an uncertain economic ... ( read original story ...)
UBS, Citigroup Differ on Singapore’s Move to Cap Bank Dividends
UBS Group AG and Citigroup Inc. are at odds on how Singapore’s move to cap dividend payouts at the nation’s banks will play out for equity investors. ( read original story ...)
Singapore extends US$60b swap facility with US Fed through March 2021
Singapore's central bank and the US Federal Reserve have extended a US$60 billion swap facility through to March 2021 to bolster US ... ( read original story ...)
Singapore extends $60 billion swap facility with Fed through March 2021
Singapore's central bank and the U.S. Federal Reserve have extended a $60 billion swap facility through to March 2021 to bolster U.S dollar lending to firms in the city-state and the wider region, ... ( read original story ...)
Southeast Asian IPOs show tentative revival as issuers brave markets
A handful of companies from the technology and consumer durables sectors are aiming to launch IPOs in Southeast Asia later this year, pointing to an upturn after pandemic-hit markets and weak economic ... ( read original story ...)
Asean IPOs show tentative revival as issuers brave markets
A handful of companies from the technology and consumer durables sectors are aiming to launch IPOs in Southeast Asia later this year, pointing to an upturn after pandemic-hit markets and weak economic ... ( read original story ...)
Ant’s IPO Bonanza for Silver Lake, Warburg, Carlyle
A raft of U.S. private equity firms backed by the country’s largest endowment and pension funds stands to reap big gains from Ant Group’s highly anticipated initial public offering, even as U.S. ( read original story ...)
Mindspace Business Parks REIT IPO oversubscribed on day two of bidding; issue closes today
Mindspace Business Parks REIT initial public offering (IPO) enters its third and final day today after being subscribed 1.23 times by investors so far. ( read original story ...)
To the cloud: Nexion launches pre-IPO funding round
Street Talk understands the three year old company has kicked off a pre-IPO fundraising round ... a data centre in Perth and services clients across Australia, New Zealand, Singapore and the UK. ( read original story ...)
Singapore’s jobless rate jumps in second quarter, nearing financial crisis peak
Singapore's jobless rate rose sharply in the second quarter to a new decade-high of 2.9%, provisional data showed on Wednesday, as the COVID-19 pandemic saw employment shrink in the services and ... ( read original story ...)
Can Singapore maintain its sweet spot between China and the US?
Maintaining its ties with Washington and Beijing without provoking the ire of either will prove trickier as US-China relations deteriorate and tensions grow in the South China Sea. ( read original story ...)