TEMASEK Financial (I) Limited (TFin-I), a wholly-owned subsidiary of Temasek Holdings, intends to launch a three-tranche offering of US dollar (USD) bonds on Tuesday.
INDONESIAN fintech startup BukuWarung has raised an undisclosed amount of funding from Partners of DST Global, Soma Capital, Hof Capital, GMO Venture Partners, VentureSouq, 20VC and angel investors.
OVER 1,000 investors across Asia have come before the Singapore courts to sue a Singaporean whom they allege to be the mastermind of a ponzi oil investment scheme that defrauded thousands of investors of C$175 million (S$180 million).
SINGAPORE will soon calibrate its debt moratorium schemes, with the regulator looking to extend its programmes to certain borrowers beyond Dec 31 this year, while also ensuring that those with the ability to pay should begin repayment before the moratoriums expire, The Business Times understands.
AIRASIA's financial services venture BigPay will be expanding its e-wallet services to Singapore, with early access available to users in the coming weeks.
FITCH Ratings has affirmed its "AA-" ratings on Singapore banks and removed the trio from rating watch negative (RWN), given that the materialisation of stressed conditions have become "less immediate".
SINGAPORE will soon calibrate its debt moratorium schemes, with the regulator looking to extend its programmes to certain borrowers beyond Dec 31, while also ensuring that those with the ability to pay should begin repayment even before the year-end deadline, The Business Times understands.
THE Association of Banks in Singapore (ABS) said on Monday that all nine participating PayNow banks will now allow ad-hoc transactions of at least S$5,000, allowing customers a wider scope of payments to merchants and friends.
THE Association of Banks in Singapore (ABS) said on Monday that all nine participating PayNow banks will now allow ad-hoc transactions up to S$5,000, allowing customers a wider scope of payments to merchants and friends.
AGRI-FOOD giant Olam International has obtained Singapore's first club loan pegged to the Singapore Overnight Rate Average (Sora) from DBS and the Industrial and Commercial Bank of China, Singapore Branch (ICBC Singapore).
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