Financial Services
Mooreast to secure $20m convertible loan
It will be used for working capital needs, business expansion, and investment opportunities.
Mooreast to secure $20m convertible loan
It will be used for working capital needs, business expansion, and investment opportunities.
Singapore’s big banks aim for 96% emissions cut by 2050
DBS, OCBC, and UOB have set S$200b loan portfolio emissions targets.
Singapore investment managers adopt high standard of risk and performance assessment: IMAS
The study surveyed 37 fund houses with a combined AUM of $93b
Franklin Templeton taps Gaurav Bathija to lead private banks and family offices
Bathija will operate out of Singapore.
Standard Chartered sets up first global fund management unit in Singapore
The initial fund will be exclusive to Singapore, Hong Kong and Dubai clients.
Nium raises US$50M in Series E round led by SEA sovereign fund
It will use the funds to accelerate its growth plans.
iPiD secures $7.13m in Pre-Series A funding
The startup will use the funds for expansion.
Maybank SG offers boost to charities with special rates, network opportunities
Charities in the city may also avail of an interest-free grant of up to SG$150,000 (US$111,000)
Blackrock cuts Mapletree Logistics Trust stake to 4.95% with share sale
It is no longer a substantial unitholder of the REIT.
BlackRock reduces stake in CLD
It now holds just over 44.44 million shares in its stake.
MAS extends fair dealing rules to all financial products and services
Previously, guidelines applied only to investment product selection and services.
Credit card dominance in Singapore to wane by 2027 with digital wallet rise
Digital wallets will dominate 50% of online transactions and credit card spending will fall to 32% in three years.
Pay transparency driven by regulation and peer practices in Singapore
Five in 10 firms conduct pay equity analysis.
DBS, UOB, and OCBC lead SG stocks with a $500m net institutional inflow
The trio averaged 15.6% total returns from 1 January to 23 May.
MAS bans three ex-insurance agents for providing false information
The prohibition orders took effect 24 May.
Fintech start-up accelerates loan approval process for financial inclusion
Smile API CEO Jerome Eger is committed not just to speed, but secured access to employment data.
MAS and PBC to cooperate on green and transition finance initiatives
The initiatives cover taxonomies, green finance flows, and decarbonisation.
Read Here
Advertise
Sign Up
Commentary
For higher success with startups, bring independent directors on board
Outdated business continuity plans are putting IT infrastructure at risk