News
UOB renames YOLO credit card to UOB EVOL card
Targeting Gen Z customers, the card offers 8% cashback on online purchases.
UOB renames YOLO credit card to UOB EVOL card
Targeting Gen Z customers, the card offers 8% cashback on online purchases.
Gov’t grooms Singapore as regional green finance hub
This comes as opportunities arise from sustainability drives.
CapitaLand subsidiaries to develop $146.2m property in the US
The property is a 678-bed student accommodation in South Carolina.
Indonesia leads SEA in rising online technical consumer goods sales
Online sales of technical consumer goods in the region rose to 43% in Q1.
OTS Holdings debuts on SGX Catalist
The company behind Golden Bridge luncheon meat launched a successful initial public offering.
Singapore firms sitting ducks for ransomware attacks: study
Firms have paid as much as $1.87m when their data was held hostage.
MAS extends US$60b swap arrangement with US Fed
Since its launch in March 2020, the MAS USD Facility has provided US$25b to banks.
Embattled Hyflux assets may go for less than $200m in liquidation: report
This is only a fraction of the amount creditors are claiming.
AstraZeneca HK, Lippo Healthcare partner for health innovation in GBA
The collaboration will address healthcare challenges in treating chronic diseases.
SGX, Nasdaq opens path to global market for Asia Pacific GSS bond issuers
The partnership will expand the network to 650 issuers and at least 6,500 bonds.
Industrial production climbs 2.6% in Q1
This is an improvement compared to the 6.1% year-on-year decrease recorded in Q4 2020.
Hong Kong raises Indonesia’s COVID-19 risk level
Indonesia will be identified as a “very high-risk” area, starting 21 June.
UOB pilots digital bond issuance on Marketnode's asset issuance platform
It is the first financial institution on the platform as an issuer and bond house.
Economists upgrade Singapore 2021 GDP forecast to 6.5%
Private-sector economists polled by the Monetary Authority of Singapore expect higher growth, faster inflation in 2021.
Singapore's MAS reprimands AIA FA, Prudential, Aviva FA & CEO for breach of rules
They failed to properly monitor individuals onboarded as advisors, directors.
Bank of Singapore appoints Paul Chua as global head of wealth planning
Chua spent 18 years with UBS Wealth Management prior to his new role.
Love, Afare: Jumbo rebrands its retail portfolio arm
The leading F&B establishment operator expands its retail line of condiments and flavourings.
Commentary
ASEAN businesses should not underestimate opportunities 'Down Under'