South-east Asia’s largest bank DBS has approved nearly 10,000 loans to small and medium-sized enterprises. . Read more at straitstimes.com. ( read original story ...)
Singapore Urged to Raise Audit Standards to Avoid ‘Failures’
Singapore needs to raise its auditing and accounting standards to help boost the nation’s ESG credibility following a series of corporate scandals, according to the country’s top central banker. ( read original story ...)
Credit Bureau Asia debuts on SGX at 21.5% above IPO price
SINGAPORE (THE BUSINESS TIMES) - Credit Bureau Asia (CBA) began its trading debut at $1.13 on the Singapore Exchange's (SGX) mainboard on Thursday, 21.5 per cent or $0.20 above its initial public ... ( read original story ...)
Singapore Urged to Raise Auditing Standards to Avoid ‘Failures’
Singapore needs to raise its auditing and accounting standards to help boost the nation’s ESG credibility following a series of corporate scandals, according to the country’s top central banker. ( read original story ...)
Singapore Approves Lab-Grown Meat. What That Means for Beyond Meat Stock.
The approval opens up yet another avenue for consumers looking for alternatives to traditional protein sources. ( read original story ...)
Fund manager names value stock in Singapore to buy on 2021 recovery
Longlead Capital Partners' Andrew West says earnings rebound will drive Asia markets higher in 2021. He shares 2 stocks he likes in Singapore and South Korea. ( read original story ...)
Singapore’s Largest Bank DBS Outlines 12 Trade Ideas for 2021
World economies look set to rebound in 2021 from the pandemic-induced slump, with those in Asia likely leading the way, said Taimur Baig of DBS Bank. ( read original story ...)
Major Asian bank outlines 12 trade ideas for 2021
World economies look set to rebound in 2021 from the pandemic-induced slump, with those in Asia likely leading the way, said Taimur Baig of DBS Bank. ( read original story ...)
Singapore banks unveil tougher commodity finance standards after fraud scandals
Singapore’s banks have finalised a code of best practice for the provision of trade finance to the commodities sector, after a string of fraud scandals left lenders with significant financial losses. ( read original story ...)
Thailand is set to dominate Southeast Asia’s IPO market in 2020, says Deloitte
Thailand’s IPOs have contributed more than 60% of the $6.44 billion in total funds raised across Southeast Asia as of Nov. 15, Deloitte data showed. ( read original story ...)
Today In Payments: Singapore Non-Banks Access Real-Time Payments; Airbnb, DoorDash Seek Higher IPO Valuations
In today's top news, Singapore's non-bank lenders will soon have access to PayNow and FAST, and Airbnb and DoorDash are seeking higher-than-expected IPOs. ( read original story ...)
DoorDash aims to double valuation in much-awaited IPO
DoorDash Inc said on Monday it is aiming to raise up to $2.8 billion in an initial public offering (IPO), which could double the value of the U.S. food delivery startup and be one of 2020’s largest ... ( read original story ...)
Singapore non-bank firms can use real-time payments systems – MAS
Only institutions licensed as “major payment institutions” under the Payment Services Act will be eligible, the Monetary Authority of Singapore said today (November 30). They could be given access to ... ( read original story ...)
Ant IPO Has Slim Chance of Getting Done Next Year
The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to ... ( read original story ...)
Commodity-finance industry in Singapore gets code of best practices
This comes after the city-state's reputation as a trusted hub for this lending segment has taken a hit of late.. Read more at straitstimes.com. ( read original story ...)
Ant IPO is said to face slim chances of getting done next year
The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to ... ( read original story ...)