Singapore-based digital SME lending platform Validus has secured a debt funding of up to US$50 million debt funding from HSBC.
DBS’ Jeremy Soo to Succeed Susan Hwee as NETS Chairman
Network for Electronic Transfers ( NETS) has announced the appointment of Jeremy Soo, Managing Director and Head of Consumer Banking Group at DBS Singapore, as its new Chairman, effective 1 September ...
Singapore shares open higher on Monday—STI increased by 0.1%
Singapore’s local banks performed well in early trading. DBS led the gains, rising S$0.13, or 0.4%, to S$36.49. UOB followed with an increase of S$0.08, or 0.3%, to S$31.47. OCBC also rose, gaining ...
OKX Singapore gets major payment institution licence; taps former Grab executive as CEO
SINGAPORE - The Singapore branch of crypto exchange OKX has received a major payment institution (MPI) licence from the Monetary Authority of Singapore (MAS). This comes after the local entity ...
Crypto millionaires have doubled over the past year: Henley & Partners
Offering a new take on global wealth migration, Henley & Partners also shed light on the geographic distribution of crypto wealth. Singapore emerged as the leading hub for cryptocurrency, scoring 45.7 ...
Crypto Firm OKX Hires Gracie Lin From Grab to Be Singapore CEO
Crypto exchange OKX named former regulator Gracie Lin as CEO of its Singapore business in a statement on Monday.
OKX SG Receives MPI License from Monetary Authority of Singapore and Welcomes Gracie Lin as CEO
OKX a leading global crypto exchange and Web3 technology company today announced that its local entity OKX SG Pte Ltd OKX SG received a Major Payment Institution MPI license from the Monetary Authorit ...
Win Streak Likely To Continue For Singapore Shares
(RTTNews) - The Singapore stock market has moved higher in back-to-back sessions, gathering more than 50 points or 1.5 percent along the way. The Straits Times Index now sits just above the ...
OCBC Singapore Users Faced Temporary Online Banking Disruption
Singapore's OCBC Bank experienced technical difficulties on 1 September that temporarily disrupted its internet and mobile banking services.
Crypto’s legal tangles seem as mystifying as digital asset itself
Legal tangles around cryptocurrency can be as mystifying as the digital asset itself.Traders betting on the troubled crypto platform WazirX, have learnt that they are “unsecured creditors” of a ...
Sembcorp unit inks deal to import piped natural gas from Indonesia
SINGAPORE - Sembcorp Gas, a wholly owned subsidiary of Sembcorp Industries, has signed a gas sales agreement to import up to 111 billion British thermal units per day of natural gas piped from the ...
5 Singapore Stocks Paying Out Dividends in September
The Singapore stock market has always been a great place for dividends. Income-seeking investors not only have a wide choice of companies to select from but dividends are also exempted from taxation.
Market mood upbeat ahead of expected Fed rate cuts
Whatever the quantum, news of a rate cut will likely lift market sentiment initially. CGS International pointed out in a strategy report last week that anecdotal evidence of stock performance in ...
Singapore’s OCBC website, mobile app resume after disruption
(Bloomberg) — Singapore lender Oversea-Chinese Banking Corp. said its website and mobile app were working normally after being inaccessible to some users earlier Sunday. The bank apologized for the ...
Macao did it. Singapore too. Now Thailand looks to build casinos to attract tourist dollars
If the law gets passed, Thailand could be Macao and Singapore's largest competitor by the end of the decade, industry watchers told CNBC. Thailand's casinos could generate 187 billion Thai baht ($5 ...
Validus, a Singapore-based digital SME lending platform, secures $50M debt financing to help enterprises in Indonesia
Validus, a Singapore-based digital lending platform for small and medium businesses, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. Validus will use the ...