Financial Services

Keppel Data Centre Fund II attains $1.48b in funding

It got Asian Infrastructure Investment Bank as its investor.
1 day ago

Keppel Data Centre Fund II attains $1.48b in funding

It got Asian Infrastructure Investment Bank as its investor.
1 day ago

SGX RegCo questions Metech International shares

The stock saw a contradicting rise of 51%, despite the STI observing a dip of 4.2% during the period. 
1 day ago

Top 50 insurance firms revealed a 17.22% increase in assets

Digital dominance and healthtech helped them mitigate losses, Singapore Business Review found.
1 day ago

MAS fines Vistra Trust (Singapore) $1.1m for failures in its AML/CFT controls

VSTPL’s failures placed the trust at a higher risk of being used as a conduit for illegal activities, says MAS.
2 days ago

Younger Singaporeans led 50% of the overseas in-store spending increase

The US, the UK, and Australia were their top destinations during the year-end. 
2 days ago

6 of 10 businesses think corporate integrity standards have stagnated

96% of respondents also believe that this is essential to their organisation. 
2 days ago

The lure of Singapore – An attractive destination for single family offices

The majority of SFO growth has taken place in Asia, with locations such as Singapore and Hong Kong gaining international popularity.
3 days ago

UOB to lift income from ASEAN-4 markets by 40% with Citi consumer biz acquisition

Completion of the acquisitions is expected to take place from H2 2022 to Q1 2024.
3 days ago

SG extends insurance coverage for COVID-19 vaccine complications

This is part of its continued support for the vaccination and booster drive.
4 days ago

30 victims of OCBC Bank phishing scam receive goodwill payouts

The phishing scam surfaced in December 2021.
4 days ago

Singapore e-commerce market to reach $10.7b by 2025

The growth of e-commerce will also give the e-payments market a boost.

UOB buys Citi’s retail businesses in 4 SEA markets for US$3.65b

UOB is paying for the net asset value plus a premium of US$690m.

3 areas in financial statements Singapore companies must improve on

This was according to a study conducted by professors from NTU and SMU. 

Singapore Airlines prices $807.74m notes due 2029 at 3.375%

These will be issued at 99.27% of their principal amount. 

iFAST raises $105m from latest share placement

The share placement was oversubscribed, double the base deal size of $75m.