Financial Services
NTUC Income and ZhongAn tie up to develop digital insurance products
They aim to roll out a lifestyle insurance product for the tourism sector by Q2.
NTUC Income and ZhongAn tie up to develop digital insurance products
They aim to roll out a lifestyle insurance product for the tourism sector by Q2.
Singapore fintech Validus Capital expands to Indonesia
It aims to plug SME funding gap through its domestic business entity, Batumbu.
EZ-Link ties up with Malaysia's Touch n' Go for cross border Combi Card
It will allow users to pay for Singapore ERP fares and Malaysian highway tolls.
MAS bans reps from HSBC, UOB, and NTUC Income over fraud
Their cases involved deception, sales of fake products, and forgery.
Chart of the Day: What are the top targeted M&A deals in Q1?
CapitaLand's US$7.9b acquisition of Ascendas is the largest M&A so far in SEA.
Hyflux troubles trickle down as nearly $4b corporate bonds mature by end-2019
Hyflux's distress may just be the beginning of a series of default risk situations.
UOB prices US$600m notes at 3.75%
These will be rolled out by 15 April.
Daily Briefing: DBS complied with rules on 2016 Hyflux bond sale: MAS; Singapore and Malaysia to replace withdrawn ILS with GPS procedures for Seletar Airport
And here's how FastGo has compromised the identities of its early sign-ups.
Singapore banks lead STI gains with 6.1% rally in April YTD
Their average 2019 YTD total return stands at 8.6%.
Daily Briefing: OUE Commercial REIT in merger talks with OUE Hospitality Trust; National Archives of Singapore reopens after 18-month revamp
And here’s how much banks are willing to pay to lure data scientists.
Chart of the Day: Which sector dominated Singapore's bond market in Q1?
This sector raised US$2.6b from the debt capital markets.
Singapore equity proceeds skyrocket 145.8% to US$2.3b in Q1
Follow-on offerings, which soared 579.2% offset weakening IPO proceeds.
Mitsui Sumitomo Insurance sets up digital hub in Singapore
It is located on SGX Centre 2.
OCBC CEO Samuel N. Tsien's salary up 10.42% to $10.70m in 2018
The bank’s full-year profits rose 11% YoY to $4.49b.
Singapore inks fintech innovation deal with Cambodia
Both countries will share information on emerging market trends and financial regulatory issues.
Nomura slashes eight of nine equity research jobs in Singapore
It has been grappling with overseas and domestic losses for four straight quarters.
Daily Briefing: Malaysia asks for six-month extension to clarify stance on RTS project; Validus Capital and Lighthouse Canton reopen trade finance fund
And Singapore-based F&B startup Waitrr partners with Nest Tech to boost its international expansion.
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