INDIA'S central bank has formally approved a proposed scheme through which South-east Asia's largest lender DBS will take over the cash-strapped Lakshmi Vilas Bank (LVB).
MAYBANK Kim Eng (MKE) has recommended investors take profit on the stocks of Singapore's banking trio, given that their recent "too fast, too furious" run-up may be "unsustainable".
FINTECH company IN Financial Technologies has received S$5 million in a round led by DeClout Ventures, the corporate venture capital arm of the DeClout group.
INVESTORS brought a hearty appetite to UOB's offering of one billion euros (S$1.6 billion) in seven-year covered bonds, with the deal about two times subscribed.
SINGAPORE is driving up corporate interest in sustainability, with a new grant on board and banks stepping up to improve access to sustainable financing.
THERE are growing concerns that a market correction may be on the cards next year for Asia-Pacific (Apac) real estate, which has stayed resilient despite the Covid-19 pandemic.
FINTECH is thriving in Singapore. Enabled by a supportive regulatory environment and nurtured by government policies, this small city-nation boasts some of the most innovative solutions in the modern world - but it was not always this way.
DBS on Tuesday said it is teaming up with JD Logistics (JDL) to provide supply chain financing to Hong Kong-based small and medium-sized enterprises (SMEs) in the "fast-growing cross-border e-commerce import business".
THERE are growing concerns that a market correction may be on the cards next year for Asia-Pacific (APAC) real estate, which has thus far been resilient amid the coronavirus pandemic, particularly when compared to Western markets.
