So far, 2023 is shaping up to be pretty hard on our bank accounts. Between inflation and an impending recession, it looks like our wallets are going to take quite a hit this year, even with the cash ...
Singapore, Romania reaffirm ties, discuss cooperation in areas like trade, cyber security
There are about 70 Romanian companies in Singapore, with many using Singapore as a base for their regional operations. Read more at straitstimes.com.
HCMC calls for more Singaporean investment
Ho Chi Minh City is calling on Singapore to invest in several major infrastructure projects worth billions of U.S. dollars, including highways, ring roads and metro lines.
Global markets spooked by troubled US start-up bank, Singapore stock index closes down 1.2%
Japan index fell 1.5% to a two-month low, with banks and Hong Kong tech stocks leading losses. Read more at straitstimes.com.
Tungray Technologies Plans IPO of 2.5 Million Shares at $4-$6 Each
By Colin Kellaher Tungray Technologies Inc., a Singapore-based provider of customized industrial manufacturing solutions, on Friday filed with the ...
Explainer: How Singapore’s First Family Feud Over a Keeps Growing
The long-running feud in Singapore’s most prominent family started over a house, then moved into the political realm. Now the police are involved. Lee Hsien Yang, the youngest child of the ...
UOB’s Jacquelyn Tan on triumphing over expectations, biases to succeed in the banking industry
Tan shares how she leads 7,000 people across the region and her thoughts on women in banking. Unspoken expectations and unconscious biases often weigh down on women building up a career for themselves ...
Indian-origin teen charged for cheating bank in Singapore
An Indian-origin teen in Singapore was charged on Friday with one count of cheating and one count of abetting an unknown person to secure unauthorised access to a bank's computer system. Mathana Raaj ...
UOB Kay Hian downgrades BRC Asia to ‘hold’ following ‘weak’ 1QFY2023 results from ongoing headwinds
BRC’s revenue and net profit for the 1QFY2023 ended Dec 31, 2022, stood below their expectations. BRC’s net profit for the quarter stood 12.2% lower y-o-y at $11.7 million and at 13.1% of Tan and ...
DBS chief Piyush Gupta’s pay climbs 13% to S$15.4 million as bank profit soars
SINGAPORE: DBS Group chief executive Piyush Gupta earned S$15.4 million in 2022, a 13 per cent increase in what was a banner year for Southeast Asia's biggest lender. That included a cash bonus of S$5 ...
HCMC calls for Singapore investment in major projects
HCMC called on Singaporean investors to invest in the city’s priority projects such as HCMC – Moc Bai Expressway, Beltway No. 4, and Metro line 3A-3B-4, reported the local media. At a conference on in ...
Assistant finance manager who was deep in debt admits to stealing $5m belonging to firm
SINGAPORE - An assistant finance manager who was heavily in debt began misappropriating money belonging to his firm. Read more at straitstimes.com.
After year of injury, emotional Ko Jin-young defends HSBC Women’s World Championship title
It was a long week and an even longer year, but Ko Jin-young is a champion once again. Almost a year to the day since her record-shattering victory at the HSBC Women’s World Championship, the South ...
Sebas acquires former Citibank site near UOB
THE FORMER Citibank property on University Drive has been renamed in honour of the father of its new owner - Island Luck chief, Sebas Bastian. The building, which houses a Scotiabank branch ...
Secondhand clothes donated by people in Singapore for Türkiye-Syria quake victims disposed of, sent to NGO
SINGAPORE: Secondhand goods donated by people in Singapore for the victims of last month’s deadly Türkiye-Syria earthquake were either disposed of or handed over to a non-governmental organisat ...
Nearly four in 10 Singapore CEOs believe their companies not viable if they continue on current path: PwC survey
Nine in 10 Singapore CEOs surveyed believe global economic growth will decline over the next year versus seven in 10 globally.