Some of the world’s biggest banks in commodity trade financing are creating a digital trade finance registry (TFR) in Singapore to try and mitigate the risk of trade fraud and boost transparency after ... ( read original story ...)
Singapore’s GIC Plans to Invest More Than $1 Billion in Ant IPO
Singapore’s sovereign wealth fund GIC Pte plans to invest more than $1 billion in Ant Group’s mega initial public offering as early investors look for a bigger slice of the Chinese payments behemoth, ... ( read original story ...)
Converge ICT targets Philippines biggest IPO
The Philippines’ Converge ICT Solutions Inc is targeting the country’s biggest initial public offering (IPO) after setting price terms to raise as much as US$680mil, sources said, amid a boom in ... ( read original story ...)
Banks in Singapore team up to develop digital trade registry
DBS Group and Standard Chartered are leading a group of 12 other banks in Singapore to create a digital trade finance registry in a bid to mitigate the risk of trade fraud and boost transparency. The ... ( read original story ...)
Singapore banks, finance companies to extend debt relief for individuals, SMEs
Singapore banks and finance companies will extend debt relief for individuals and small- and medium-sized enterprises beyond the end of the year to support borrowers affected by the coronavirus ... ( read original story ...)
Singapore banks to extend debt relief for hard-hit borrowers
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 ...)