THE local bond market is opening up nicely with hot demand for the Singapore Technologies Telemedia (STT) perpetual deal, which has come hot on the heels of Swiss Re's S$350 million 15-year issue at 3.125 per cent done on Wednesday, pulling in orders of more than S$1.4...
BUSINESSES which do not manage their environmental risk adequately could find themselves facing higher borrowing costs or limits on their loans down the road, if the proposed guidelines released by the Monetary Authority of Singapore (MAS) on Thursday are accepted and implemented.
SWISS Re Finance (UK) will issue S$350 million in 15-year subordinated notes guaranteed by reinsurance giant Swiss Re.
SINGAPORE-BASED Circles.Life has partnered AXA Insurance to offer insurance coverage to the digital telco's users.
THE Association of Banks in Singapore (ABS) will postpone its 47th annual dinner this year to a later date in light of the Covid-19 crisis and safe distancing measures in place.
DBS Bank and transport operator ComfortDelGro Taxi have partnered to enhance payment services for Singapore customers.
THE US dollar is expected to weaken moderately as economies exit from lockdowns and more money flows into riskier assets. This will be bad news for Singapore-listed companies with significant exposure to the United States, but should be broadly positive for the local equity market.
TEMASEK-backed Ascent Myanmar Growth Fund I (AMGF) on Wednesday announced that it will lead a US$26 million minority investment in Myanmar's leading Internet service provider, Frontiir, although it declined to name its other investors.
AXA Insurance on Wednesday said existing and new SmartPlan customers will receive an additional month of free insurance coverage for their annual policy upon renewal or new enrolment from June 1 to Aug 31.
YOMA Strategic on Wednesday proposed to increase its existing shareholding and take a controlling interest in mobile payments firm Digital Money Myanmar (Wave Money) via a US$76.5 million deal.