Financial Services
Blockchain: The buzzword in Singapore Fintech
Blockchain: The buzzword in Singapore Fintech
Blockchain is becoming an increasingly common buzzword locally, particularly within Singapore’s Fintech industry. As Singapore banks positively...
Domestic bank loans up 5.1% to $634.4b in August
Business loans also grew 5.5% to $378.2b.
Singapore hosted $352.1b of US direct investments
US companies invested more into Singapore than Japan and China combined.
Chart of the Day: MAS alternative assets reach $478b in 2016
Private equity contributed $152b to the total.
Only 17% of investors confident without financial advice
Whilst 8 in 10 rely fully on their advisors.
MAS assets under management grew 7% to $2.7t in 2016
Thanks to deeper expertise in portfolio management.
Vashion Group appoints Eunice Veon Koh Pei Lee as non-executive independent director
She is currently working as DBS Vickers Securities' remisier.
Starland Holdings fails reverse takeover of Ayondo Holdings
Conditions of the deal were not fulfilled.
Cryptocurrency firms' Singapore bank accounts shut down
A bitcoin association asked the government to step in.
OCBC issues 1.59% fixed rate notes worth $241.5m
They are due September 2020.
Equity offerings from listed companies down 6.4% YTD
Over $4.6b was earned from equity offerings so far.
High technology sector raises US$1.7b from equity markets
It comprised 52.5% of market share.
Proceeds from equity capital markets down 24.4% YTD
A total of $4.5b has been raised so far.
Selling of Great Eastern Malaysia unlikely to impact OCBC
It accounts for a normalised 6% of OCBC's net profit.
CapitaLand establishes investment holding subsidiary
It also increased shares in its two other companies.
OUE incorporates 8 new subsidiaries
Six are investment holding firms.
MAS forms cybersecurity panel
It includes officials from local and foreign financial institutions and firms.