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DBS Bank
Positioning for the recovery
Xero's cloud accounting platform helps SMEs track their finances
As cash flow problems are the number one reason why SMEs fail, having true visibility over cash flow data is hugely advantageous.
December 24, 2020
REITs
Urban Commons tries to win investors' trust after defaulting while SCCPRE awaits EGM vote on Dec 30
Urban Commons claims it has a better solution to reviving Eagle Hospitality Trust than SCCPRE. Can it win investors' trust?
December 22, 2020
Aviation & Engineering
SIA to use $0.9 bil from rights issue for ticket refunds, ongoing operating expenses and debt service
To date, the airline has used about $7.1 billion between June 8 and Dec 13, 2020.
December 21, 2020
Cryptocurrency
DBS launches “world’s first” full-service digital exchange backed by a formal bank
Crypto-trading activities on DDE are expected to begin as early as next week.
December 10, 2020
Broker's Calls
Sentiment on Singapore banks 'slowly improving': PhillipCapital
One analyst does not expect any impact on banks’ earnings until FY2022 when the digital banks start to operate.
December 08, 2020
Aviation & Engineering
Singapore Airlines launches and prices $500 mil in 3.5% notes due 2030
Since the beginning of the FY2020/2021, SIA has raised some $12.7 billion in additional liquidity.
November 24, 2020
Company in the news
Novena Global Healthcare co-founder Terence Loh says potential liquidation by DBS may not 'result in demise' of company
In his statement, he added that he feels ‘deeply betrayed by Nelson’ who has left Singapore.
November 20, 2020
Zest
Add a touch of wellness to your finances with DBS’s new-look "pharmacy bank"
The branch manager even organised a virtual yoga session for customers to improve physical wellness!
November 12, 2020
REITs
Ascendas REIT to raise $1.2 bil through equity fund raising
The issue price range for each preferential offering new unit will be between $2.960 and $3.050.
November 10, 2020
REITs
ARA Logos Logistics Trust to raise $50 mil through private placement of 90.5 mil new units
The number of new units represents an increase of some 8.3% of the total number of units currently in issue.
November 02, 2020