Under the leadership of CEO Jane Fraser, Citigroup is scrapping its global consumer banking division and reducing its sprawling retail banking footprint. The bank will focus on the lucrative wealth ... ( read original story ...)
Citi to sell South-East Asia retail business to Singapore’s UOB for US$3.7 billion
Citigroup has agreed to sell its consumer business in four South-East Asian markets to United Overseas Bank (UOB) for about S$5 billion ($3.7 billion), bringing the US bank closer to its goal of ... ( read original story ...)
boAt Acquires Singapore Based Smart Wearables Startup Cove IoT
At’s parent company has signed an agreement to acquire Singapore-based KaHa Pte Ltd (Cove IoT), a smart IoT product development startup. ( read original story ...)
Singapore Workers Risk Jobs; U.S. Forms Task Force: Virus Update
Workers in Singapore who haven’t been inoculated risk losing their jobs while Hong Kong will next week start vaccinating children as young as five as it battles an outbreak of Covid-19. The Biden ... ( read original story ...)
Citi to sell Southeast Asia retail business in $5 billion deal to Singapore’s UOB
SINGAPORE - Citigroup has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) for about S$5 billion, bringing the US bank closer to its goal of exiting ... ( read original story ...)
Infection growth rate falls to 1.38 as Singapore confirms another 832 Covid-19 Omicron cases
There were 832 new cases of the Omicron variant recorded in Singapore on Friday (Jan 14), up from 549 a day earlier. ( read original story ...)
‘What a rollercoaster ride’: Grub to move to Novotel Singapore in March
When Grub Burger Bistro announced its closure in September last year, fans of the popular cafe were devastated. So, they'll be glad to know that the establishment has managed to find a new home. Grub ... ( read original story ...)
Boat parent co Imagine Marketing to acquire Singapore-based KaHa Pte for undisclosed amount
Imagine Marketing, the parent company of earwear brand boAt, on Friday said it will acquire Singapore-based KaHa Pte, an end-to-end smart IoT product development company, for an undisclosed amount. ( read original story ...)
Singapore backs Cambodia’s efforts on Myanmar
Singaporean Prime Minister Lee Hsien Loong supports Cambodia in its efforts to seek a solution to the ongoing Myanmar crisis as the chair of ASEAN. ( read original story ...)
How to Refinance HDB Loan to Bank Loan in Singapore (2022)
Refinancing your HDB loan to bank loan can help you save costs, especially since interest rates are much lower (1.4% to 1.8%). Here’s everything you need to know. For more, seek expert advice from ... ( read original story ...)
CPO futures to trade lower next week on weaker exports
The crude palm oil (CPO) futures on Bursa Malaysia Derivatives is expected to trade lower on the new benchmark month, April 2022, next week due to export weakness, dealers said. ( read original story ...)
Flipkart Acquires Electronics Recommerce Firm Yaantra
Flipkart Group announced the acquisition of electronics re-trading company Yaantra for an undisclosed sum to strengthen its re-merchant business and improve after-sales service options for potential ... ( read original story ...)
Coronavirus: unvaccinated workers in Singapore risk losing their jobs
From Saturday, a prior concession that allowed unjabbed employees who test negative to go to workplaces will be removed. ( read original story ...)
945 new COVID-19 cases in Singapore; 832 Omicron infections confirmed
SINGAPORE: Singapore reported 945 new COVID-19 cases as of noon on Friday (Jan 14), including 363 imported infections. There was one fatality, taking the country's death toll from coronavirus ... ( read original story ...)
DBS maintains ‘hold’ on SGX due to no immediate catalyst
This is despite the good contributions SGX saw from all business segments over the past two years, including FICC ... ( read original story ...)
832 new Covid-19 Omicron cases in Singapore; infection growth rate falls to 1.38
SINGAPORE - There were 832 new cases of the Omicron variant recorded in Singapore on Friday (Jan 14), up from 549 a day earlier. Of these, 543 were local cases and 289 were imported, the Ministry of ... ( read original story ...)