The Monetary Authority of Singapore “strongly encourages the use of data analytics” in anti-money laundering and countering the financing of terrorism, said Ho Hern Shin, assistant managing director, ... ( read original story ...)
Singapore Stock Market Draws Firm Lead For Thursday
(RTTNews.com) - The Singapore stock market ticked higher again on Wednesday, one session after it had ended the four-day winning streak in which it had advanced almost 65 points or 2.1 percent. The St... ( read original story ...)
Singapore IPO proceeds plummet 85% to $715m
Firms in the healthcare and F&B sectors continued to perform well. The Singapore Exchange (SGX) raised a total of $715m across 13 initial public offering (IPO) deals as of November 2018 which is 85% l... ( read original story ...)
Vietnam overtakes Singapore and Hong Kong in IPO fund market
Singapore's IPO market only raised $715m against Vietnam’s $6.2b. Singapore and Hong Kong fell short to Vietnam’s initial public offerings (IPOs) making up more than half or $6.2b of the total $12b ra... ( read original story ...)
Now is Not The Time For You to Give Up On The Stock Market
Fear is rampant in the stock market right now. Investors have taken it on the chin but it is not the time to give up. Singapore’s Straits Times Index (SGX: ^STI) peaked in early May this year and proc... ( read original story ...)
DBS to almost double staff, triple revenue of Mideast private banking
The Singapore bank is joining Citibank (:C - News) and other global lenders expanding wealth management operations in the region. The prospective client base includes wealthy Middle East business peop... ( read original story ...)
Singapore bank DBS to ‘almost double’ Dubai private banking staff by 2023
DBS, Southeast Asia’s largest bank, said it would almost double its Dubai private banking staff in its bid to triple revenue for those operations in the Middle East by 2023, capitalising on a ... ( read original story ...)
Singaporean fintechs engage with UAE digital bank
The event showcased award-winning Fintechs from Singapore in conversation with a leading digital bank in the UAE. First, some interesting information about the Singapore Fintech Festival. Narendra Mod... ( read original story ...)
Which Singapore Bank Stock Should Investors Buy Now? (Part 1)
In Singapore, the three major listed banks are DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11). After peaking in April ... ( read original story ...)
Fintech and Digital Finance Innovation Initiatives of Banks in Singapore
TOV was awarded The Best Innovation Centre by Financial Institution in Singapore at The Asian Banker Financial Technology Innovation Awards 2018. Another area of focus for the bank has been upskilling ... ( read original story ...)
Cancer diagnostics firm Biolidics lodges prospectus for Catalist IPO
SINGAPORE - Medical technology firm Biolidics Limited, a cancer diagnostic solutions developer formerly known as Clearbridge Biomedics, lodged a preliminary prospectus on Friday (Nov 23) for a planned ... ( read original story ...)
Should You Consider Investing In An IPO?
Initial public offerings (also known as IPOs) are an offering of shares made to institutional investors and the public by companies who seek to raise money for business expansion and growth. Such comp... ( read original story ...)
The $200 trillion gold rush that has reshaped private banking
In July, Switzerland’s Julius Baer Group moved from one Singapore office to another, which, at 100,000 square feet, is 40 per cent larger. In Hong Kong, Bank of Singapore doubled the size of its water... ( read original story ...)
Singapore Picks Finance Chief as De Facto Successor to PM Lee
Singapore’s ruling People’s Action Party tapped Finance Minister Heng Swee Keat as the de facto successor to Prime Minister Lee Hsien Loong on Friday, kicking off the city-state’s third leadership tra... ( read original story ...)
Top Glove Corporation Berhad’s Stock Is Up 300% In The Last 5 Years: Is It A Good Business?
Top Glove Corporation Berhad (SGX: BVA) is the largest rubber gloves maker in the world with about 25% market share. The company is based in Malaysia. Up to its recent debut in Singapore, it has alway... ( read original story ...)
Singapore’s ruling party picks next prime minister
PAP chooses finance minister Heng Swee Keat as Lee Hsien Loong’s successor Next in line: Heng Swee Keat, Singapore finance minister, is set to become the ruling People's Action party candidate to be t... ( read original story ...)