Ayala Land Inc. reported that its subsidiary AREIT, Inc., the first Philippine real estate investment trust, has completed its P12.34 billion initial public offering with shares two times ... ( read original story ...)
AREIT completes landmark IPO, 2x oversubscribed
The country’s first real estate trust (REIT), Ayala Land-backed AREIT Inc., has completed its P12.33 billion initial public offering (IPO), ushering in a dividend-yielding new asset class which ... ( read original story ...)
GIC bets more on Bandhan Bank as Temasek joins in
Singapore sovereign wealth fund GIC Pte Ltd has increased its stake in Bandhan Bank while its sister concern Temasek Holdings has also picked up a stake in the private-sector lender. Chandrashekhar ... ( read original story ...)
Singapore to set up Asian digital finance research institute by end-2020
SINGAPORE - A new research institute will be set up by the end of the year to drive education, research and entrepreneurship in digital finance in the region. The institute, called the Asian Institute ... ( read original story ...)
Singapore sets up research institute to boost fintech capabilities
The new Asian Institute of Digital Finance (AIDF) will be jointly established by industry regulator Monetary Authority of Singapore (MAS), National Research Foundation (NRF), and National University ... ( read original story ...)
Singapore startup seeks to give solar power a competitive edge
A Singapore startup is seeking to connect potential buyers and sellers of solar power directly. Electrify Pte Ltd’s platform lets owners of homes and businesses bid and offer rates for specific ... ( read original story ...)
Singapore banks’ results to reflect double whammy of low rates, weak growth
Singapore banks are likely to report their average net interest margins fell the most quarter-on-quarter in 18 years as interest rates weakened, while profits on the year are seen taking a hit from ... ( read original story ...)
Singapore FinTech Festival x SWITCH 2020 to feature week long event
Singapore FinTech Festival x SWITCH 2020 to Feature Digital and Physical Experiences Over Week-Long Event The Monetary Authority of Singapore (MAS) and Enterprise Singapore announced that the Singapor ... ( read original story ...)
StanChart named Singapore’s first significantly rooted foreign bank as MAS enhances scheme
SINGAPORE - The Monetary Authority of Singapore (MAS) on Monday (Aug 3) named Standard Chartered Bank (Singapore) the first Significantly Rooted Foreign Bank (SRFB) here, allowing it to operate up to ... ( read original story ...)
Standard Chartered to be granted additional privileges in Singapore under enhanced framework for Significantly Rooted Foreign Banks
SINGAPORE: The Monetary Authority of Singapore (MAS) will award Standard Chartered Bank (Singapore) additional privileges as a Significantly ... ( read original story ...)
Manulife Singapore launches Manulife Advisory Group to enhance customer access to insurance and investment solutions
Operating under an open architecture system, Manulife Advisory Group will enable larger insurance penetration and accelerate the rate of financial inclusion in Singapore. Customers will have a wide ... ( read original story ...)
Diginex launches Singapore cryptocurrency exchange
Singapore digital banking era will put focus on SMBs, consumer trust Introduction of digital banks will 'shake up' Singapore's banking industry, which is expected to have up to five new digital market ... ( read original story ...)
Shares of Singapore’s top banks fall after regulator limits dividend payouts for 2020
Shares of Singapore's top three banks tumbled on Thursday after the country's financial regulator asked lenders to cap dividends this year. The Monetary Authority of Singapore on Wednesday urged local ... ( read original story ...)
South-east Asian IPOs show tentative revival as issuers brave markets
A handful of companies from the technology and consumer durables sectors are aiming to launch IPOs in South-east Asia later this year, pointing to an upturn after Covid-19 pandemic-hit markets and ... ( read original story ...)
Blackstone-backed Mindspace REIT’s IPO covered 13 times on final day
Ahead of the IPO, the investment trust raised Rs 1,519 crore ($203 million) from anchor investors on Friday. The firm mobilised the capital by issuing 55.23 million units at Rs 275 apiece to 54 ... ( read original story ...)
Singapore bank shares fall after regulator caps dividends
Shares in Singapore banks fell in early Thursday trade after the central bank asked local banks to cap dividends this year to conserve capital and increase lending capacity amid an uncertain economic ... ( read original story ...)