BankingSingapore’s TFC to mitigate risk of trade-based money launderingInternational Finance DeskSeptember 25, 2019March 18, 2020 by International Finance DeskSeptember 25, 2019March 18, 2020 Trade Finance Compliance will digitise the process of validating trade and underlying prices... Read more
InsuranceInsurers fight for Aviva’s $2.5 bn Southeast Asia businessPritam BordoloiSeptember 25, 2019November 1, 2019 by Pritam BordoloiSeptember 25, 2019November 1, 2019 Allianz and Nippon Life among the companies fighting for Aviva’s Singapore and Vietnam businesses... Read more
BankingDBS to grow its global transaction business in AsiaPritam BordoloiSeptember 23, 2019November 4, 2019 by Pritam BordoloiSeptember 23, 2019November 4, 2019 The bank aims to grow its revenue from GTS in Vietnam by 30% and from the Guangdong-Hong Kong-Macau region by 55%... Read more
Ports and ShippingDP World to bid for Singapore offshore support vessel firmPritam BordoloiSeptember 20, 2019November 4, 2019 by Pritam BordoloiSeptember 20, 2019November 4, 2019 DP World is one of the six potential bidders for Singapore-based Miclyn Express Offshore... Read more
Real EstateLendlease to raise S$1.03 bn by listing a new REIT in SingaporePritam BordoloiSeptember 18, 2019November 4, 2019 by Pritam BordoloiSeptember 18, 2019November 4, 2019 About 387.5 mn units of the REIT will be offered under the IPO at S$0.88 each... Read more
BankingNew Singapore e-service to help firms fight money launderingInternational Finance DeskSeptember 6, 2019December 16, 2019 by International Finance DeskSeptember 6, 2019December 16, 2019 Banks such as BNP Paribas, DBS Bank, MUFG Bank, OCBC Bank, and United Overseas Bank show interest in the new service... Read more
Real EstateTech@SG scheme to boost the home rental market in SingaporeInternational Finance DeskSeptember 5, 2019December 23, 2019 by International Finance DeskSeptember 5, 2019December 23, 2019 Demand for luxury homes are already on the rise especially from the banking, finance, and fintech professionals... Read more
Asset ManagementUOB’s asset management buys 75% stake in Indonesia firmInternational Finance DeskSeptember 4, 2019December 23, 2019 by International Finance DeskSeptember 4, 2019December 23, 2019 United overseas bank will provide its expertise to Indonesian investors in areas such as Islamic investments and multi-asset strategies... Read more
HealthcareNovena buys three more healthcare firms in TaiwanInternational Finance DeskAugust 30, 2019 by International Finance DeskAugust 30, 2019 With the new acquisitions, Novena becomes Taiwan’s largest enterprise health screening operator... Read more
BankingUOB widens presence in Vietnam with new Hanoi branchInternational Finance DeskAugust 23, 2019December 16, 2019 by International Finance DeskAugust 23, 2019December 16, 2019 The bank earlier had just one branch in Vietnam, situated in Ho Chi Minh City... Read more