Financial Services
Great Eastern profits down 26% to $213.3m QoQ
Great Eastern profits down 26% to $213.3m QoQ
MoM, however, there is a 43% increase due to more favourable conditions.
Singapore’s SMBs adapt as more consumers seek contactless payments
Nearly four in five Singaporeans expect to use contactless payments, the highest in the world.
Novo Tellus files for blank-check IPO in SGX
The SPAC size is between $200m to $250m.
Temasek makes offer for Sembcorp Marine unconditional
This is due to the completion of the Minimum Acceptance Condition of 50% of shares.
Cuscaden obliged to offer $0.964 chain offer price per SPH REIT unit
This is based on the average daily VWAP of the units within the last 20 trading days.
MAS proposes four ways financial services can keep their data secure
MAS is paying close attention to rising cases of ransomware and cybersecurity attacks.
8 out of 10 Singaporeans open to private mental health insurance
Consumers are keen to be covered for conditions such as anxiety and depression.
Singaporean corporates spearhead Asia’s green banking drive
60% of Singaporean enterprises are taking ESG requests for proposals.
Temasek launches $4.5b subsidiary to invest in businesses with growth potential
Called 65 Equity Partners, it will focus first on Singapore businesses.
Top 5 cryptocurrencies in Singapore for October
One of the cryptocurrencies is the popular culture meme currency Dogecoin.
7 in 10 affluent Singaporeans rethinking finances
They want a comfortable retirement, improved health, and a maintained lifestyle.
Nearly 6 of 10 Singaporeans more aware of environmental issues due to pandemic
Meanwhile, 57% believe in investing solely in sustainable funds.
How advisors can remain relevant as more customers turn online
MoneySmart provides data-driven insights on the ‘phygital’ experience that customers want.
UOB, IMDA digitalise SG-China cross-border trade flows
This is expected to speed up the electronic exchange of trade documents.
Guocoland prices $300m notes at 3.29%
The notes were released under its $3m Multicurrency Medium Term Note Programme.
Singapore Green Plan 2030 to attract more German investors
It will focus on sustainable opportunities for companies in Singapore.
SIPAC, UOB China, UOB Kay Hian collaborate on cross-border investment and financing
They will focus on telecommunications, biomedicine, and high-end manufacturing.
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