DBS takes orders for Singapore’s first offshore Green bonds

HONG KONG, July 18 (IFR) - DBS Group Holdings, rated Aa2/AA- (Moody's/Fitch), is marketing five-year US dollar Green bonds at Treasuries plus low 80 basis points area, the first offshore Green bond offering by a Singaporean issuer. The Singaporean bank is ... ( read original story ...)

Singapore exports rebound in June after 2 months of flat growth

SINGAPORE: Non-oil exports in Singapore rose 8.2 per cent last month from a year ago after flat growth in the previous two months, trade agency International Enterprise (IE) Singapore said on Monday (Jul 17). However, on a month-on-month seasonally ... ( read original story ...)

China’s Lufax to launch first overseas platform in Singapore

Competition has been rising among governments across Asia - most notably Hong Kong and Singapore - which have launched a raft of initiatives to grab a slice of the $100 billion invested in financial technology globally. Besides Hong Kong, Lufax had also ... ( read original story ...)

Singapore gets to grips with NSFR rules

The Monetary Authority of Singapore (MAS) issued Notice 652 on July 10, which will require DBS Bank, OCBC Bank and United Overseas Bank to maintain a net stable funding ratio of 100 percent from January 1, 2018. The NSFR, a key reform announced by the ... ( read original story ...)

DBS Group plans US dollar Green bond debut

HONG KONG, July 17 (IFR) - DBS Group Holdings, rated Aa2/AA- (Moody’s/Fitch), has hired banks for a potential offering of US dollar Green bonds, which would be the first offshore issue of this kind from a Singapore issuer. The bank plans to sell 144A/Reg ... ( read original story ...)

The future of local farming: Balancing technology and nature

But as technology sinks ever deeper roots in Singapore’s urban jungle, some in the industry say that its overemphasis may root out the rustic nature of farming and, for younger generations, a loss of knowledge of where our food comes from. While older ... ( read original story ...)

UOB plans to strengthen Islamic banking operations

UOB Malaysia acting head of Islamic banking Amir Alfatakh Yusof ... “At the moment, customers across three markets – Singapore, Thailand and Indonesia – have shown interest in Islamic banking. We want to build our capabilities and support our ... ( read original story ...)