Property developer Country Garden Danga Bay's claim against five Singapore members of a condominium management committee began on Thursday (Aug 4) at the Strata Management Tribunal in Johor Bahru, wit ... ( read original story ...)
Singapore joins green finance wave with 50-year bond
The city-state doesn’t have a traditional bond with a 50-year maturity. The yield on its 30-year conventional debt has risen steadily over the past year. It stood at 2.8% on Thursday, Bloomberg data ... ( read original story ...)
MAS launches first sovereign green bond, aims to raise up to $2.4b with 50-year debt
Retail investors applying for the public offer must do so with a minimum of $1,000 and in multiples of $1,000. Read more at straitstimes.com. ( read original story ...)
DBS second-quarter profit tops estimates as banks benefit from rising interest rates
Singapore's DBS Group reported a 7% rise in quarterly net profit that came in slightly above market estimates following sharply higher interest rates. ( read original story ...)
COMMENT: DBS can challenge a smaller HSBC — with the Fed’s help
The contest for Asia’s banking supremacy may come down to what the global interest-rate cycle does to the region’s rival financial centres. ( read original story ...)
Poultry farmers in Malaysia urge government to lift chicken export ban on Singapore or lose out to Indonesia
If Malaysia does not fully resolve its ban on chicken exports soon, farmers say it could lay the groundwork for bigger egg-onomic problems. Poultry farmers in Johor have urged the government to lift ... ( read original story ...)
MHA reminds foreign businesses to be ‘careful’ about advocating LGBT issues in Singapore
SINGAPORE: The Ministry of Home Affairs (MHA) on Thursday (Aug 4) reminded foreign businesses to be “careful” about advocating lesbian, gay, bisexual, and transgender (LGBT) issues in ... ( read original story ...)
Singapore Joins Green Finance Bonanza With 50-Year Bond
Singapore began marketing its first green bond, choosing a 50-year tenor as it joins countries from South Korea to Egypt looking to fund the battle against climate change. Most Read from BloombergThis ... ( read original story ...)
Singapore Suspends Glencore’s Ship Fuel License on Contamination
Singapore suspended Glencore Plc’s license to sell ship fuel after the company sold contaminated products despite testing indicating the fuel was tainted, according to the port authority. ( read original story ...)
Singapore execution toll set to climb after inmates’ complaint of no access to counsel dismissed
The judge says the cost orders slapped on those who represented death row prisoners are justified, and that lawyers might have 'perfectly valid' reasons for refusing to take up such cases. ( read original story ...)
China’s top VCs flock to Singapore, build local offices to seize SE Asia’s growth potential
Chinese top-tier venture capital (VC) companies have joined a growing list of global investors to set up new offices in Singapore to seize the upside potential of Southeast Asias ... ( read original story ...)
Tiger Brokers (Singapore) Welcomes Azimut Investment Management on Institutional Platform
Azimut Investment Management is one of the largest External Asset Managers (EAM) in Singapore Onboarding allows for second-generation high net worth young investors to transact on Tiger Brokers' ... ( read original story ...)
DBS Q2 profit up 7% to $1.82 billion, topping forecasts
DBS joined peers OCBC and UOB in reporting earnings that were boosted by rising interest rates. Read more at straitstimes.com. ( read original story ...)
UPDATE 4-DBS Q2 profit tops estimates as banks benefit from rising interest rates
Singapore's DBS Group reported a 7% rise in quarterly net profit that came in slightly above market estimates and gave a robust outlook as Southeast Asia's largest lender gains from sharply higher ... ( read original story ...)
DBS Second Quarter Profit Beat Driven by Lending Income
DBS Group Holdings Ltd. said profit rose in its second-quarter, driven by higher lending income though gains were offset by declines in wealth management and investment banking fees. ( read original story ...)
Johor poultry farmers want Singapore export ban lifted, fear competition from Indonesia
Johor poultry farmers have reportedly urged the federal government to lift the chicken export ban to Singapore, citing concerns that the country would ... ( read original story ...)