Financial Services
Moderate earnings expected for SGX: RHB
Moderate earnings expected for SGX: RHB
RHB points to a two-month-long dip in total securities market turnover and an incoming economic reopening.
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.
MAS' Ravi Menon appointed as chair of Network for Greening the Financial System
He succeeds Frank Ederson.
SG extends insurance coverage for COVID-19 vaccine complications
This is part of its continued support for the vaccination and booster drive.
30 victims of OCBC Bank phishing scam receive goodwill payouts
The phishing scam surfaced in December 2021.
Singapore e-commerce market to reach $10.7b by 2025
The growth of e-commerce will also give the e-payments market a boost.
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.
57% of Singapore's SMBs rely more on digital payments: PayPal
The digital payment platform surveyed 210 businesses.
NTUC Income to enter into corporatisation exercise
The move will establish its legal form to a company governed by the Companies Act.
SGX-listed ETF AUM almost doubles to $12.55b in 2021
This follows the additional 5 ETFs for 2021.
Drone deliveries? 53% of S'poreans say they are interested
It is the most popular amongst Gen Zs.
SPF and MAS launch investigation into Samtrade FX
The entity has been on MAS’ Investor Alert List since July 2021.
Singapore, HongKong establish joint operation versus cross-border pump-and-dump syndicate
The syndicate is in contravention of the Securities and Futures Act.
OCBC becomes first Southeast Asian bank to adopt Poseidon Principles
The framework aims to accelerate the decarbonisation of the shipping sector.
MAS proposes due diligence requirements for CF advisers
The central bank listed three in its proposal.
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