Thailand and Singapore have announced tentative plans to integrate their respective e-payment schemes in a bid to promote digital banking, according to a Bloomberg report. The initiative, which would be a first in the Asean region, is also being driven by ... ( read original story ...)
Singapore’s MAS May Tighten Policy, Pimco Says
UOB and HSBC expect the monetary authority to keep its policy ... It doesn’t disclose details on the basket, or the band or the pace of appreciation or depreciation. The Singapore currency’s trade-weighted index is approaching its highest level in ... ( read original story ...)
InnoVen Capital appoints Ashish Sharma as CEO for India
InnoVen is a pan-Asian venture debt platform jointly owned by UOB and Temasek, with offices in Mumbai, Singapore and Beijing. As India's oldest and largest venture debt platform, InnoVen has supported and provided more than USD 240 million in capital to ... ( read original story ...)
Pimco sees chance Singapore’s MAS surprises by tightening stance
UOB and HSBC expect the monetary authority to keep its policy ... It doesn’t disclose details on the basket, or the band or the pace of appreciation or depreciation. The Singapore currency’s trade-weighted index is approaching its highest level in ... ( read original story ...)
MAS may surprise financial markets by tightening its policy stance this month: Pimco
SINGAPORE — There's a chance the Monetary Authority of Singapore ... October statement to prepare the market for some tightening in the first half of 2018. UOB and HSBC expect the monetary authority to keep its policy unchanged at its upcoming meeting. ( read original story ...)
Oil stable on expectations of extended output cut, but U.S. crude exports drag
SINGAPORE (Reuters) - Oil prices were stable on Thursday on expectations that Saudi Arabia and Russia would extend production cuts, although record U.S. exports and the return of supply from a Libyan oilfield dragged on the market. Brent crude futures ... ( read original story ...)
Godrej Agrovet IPO subscribed 53% on first day
The IPO will close on 6 October ... which at the upper end of the price band will fetch the Singapore state-owned investor about Rs565.8 crore. Temasek invested Rs572 crore in 2012. Post share sale, Temasek will hold 13% in Godrej Agrovet. ( read original story ...)