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Month: March 2023

Posted on 09/03/2023

DBS CEO Piyush Gupta’s salary grew by 13.3% y-o-y to S$15.38 mil in FY2022 following ‘breakout year’

Piyush Gupta, the CEO of DBS Group Holdings, has received a 13.3% year-on-year (y-o-y) pay increment to S$15.38 million in FY2022. The total package includes a cash bonus of S$5.8 million and a ...

Posted on 09/03/2023

Global Rate Hike Cycle Has ‘Ways to Go,’ Singapore’s Menon Says

While central banks have slowed the pace of tightening, more interest-rate increases loom as inflation hovers above targets across the world, according to the head of the Monetary Authority of ...

Posted on 09/03/2023

Daily Cuts – S1E167: Unpacking the White Paper on Singapore’s COVID-19 response

The Singapore government recently published a White Paper on their COVID-19 pandemic response. It spelled out what went well, what could have been better as well as the lessons to learn. CNA938's ...

Posted on 09/03/2023

Singapore keen to play peacemaker as US-China tensions rise

SINGAPORE: Top trade official in Singapore said the city-state is willing to facilitate a dialogue between the United States and China to repair their relationship, as he described growing tensions ...

Posted on 09/03/2023

DBS CEO’s 2022 pay up 13% to $11.36 million after bank’s record performance

Piyush Gupta, the chief executive of Southeast Asia's biggest lender DBS Group, earned S$15.38 million ($11.36 million) in remuneration in 2022 in a banner year for the bank.The remuneration was 13.3 ...

Posted on 09/03/2023

DBS CEO Gupta’s Total Pay Last Year Rises to $11.4 Million

DBS Group Holdings Ltd. raised Chief Executive Officer Piyush Gupta’s total remuneration for 2022 by about 13% after its fourth-quarter profit topped estimates on lending gains. Most Read from ...

Posted on 09/03/2023

How Singapore’s crypto ambitions are taking shape and what other nations can learn

Unique in the world, Singapore is a big investor and player in digital assets while advancing regulations that favor institutions over individual crypto users, writes Danny Chong of Tranchess.

Posted on 09/03/2023

Singapore Says It’s Willing to Play the Mediator Between Global Economic Rivals U.S. and China

Singapore’s top trade official described growing tensions between the world’s biggest economies as detrimental to the world ...

Posted on 09/03/2023

Singapore admits it should have explained COVID app data could be used by cops

The Singapore prime minister's office admitted on Wednesday that it should have "been clearer" on plans to use data collected by its COVID tracking program from the onset, and that allowing the data ...

Posted on 09/03/2023

Stock Market Live: Sensex and Nifty 50 likely to open flat tracing global cues

Indian equity benchmarks NSE Nifty 50 and BSE Sensex are expected to make a flat start on Thursday tracing global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, ...

Posted on 09/03/2023

Nifty to extend gains or fall below 17,700? Check US, Asia stocks, SGX Nifty, FII/DII data, more before market opens

Indian benchmark indices are likely to open on a flat note, hinted SGX Nifty. Here are eight key things to know before the share market opens for trade on Thursday.

Posted on 09/03/2023

Over half of Singaporeans delaying plans to buy homes due to rising property prices, inflation – PropertyGuru study

SINGAPORE: New research from PropertyGuru shows that more than two in four Singaporeans (55 per cent) will most likely delay their plans to buy a home over fears concerning inflation. Moreover, 24 per ... ( read original story ...)

Posted on 09/03/2023

UOB Sydney prices A$1.5 bil worth of senior unsecured notes due 2026

The floating rate senior unsecured notes have a coupon rate of the three-month bank bill swap reference rate plus 0.73% per annum (p.a.) that’s payable quarterly in arrear. At the same time, UOB ...

Posted on 09/03/2023

Singapore pursuing three strategies for sustained, moderate growth: DPM Wong

As an advanced economy with a small labour force that already sees high employment levels, it is an “economic imperative” that Singapore relies on productivity to drive economic growth moving forward, ...

Posted on 09/03/2023

Singapore Airlines flies the world’s longest flight at over 18 hours. Here are the 5 things that impressed me most in business class.

Singapore's record-breaking trek across the world covers 9,537 miles. Its stellar business class made the ultra-long-haul journey easily bearable.

Posted on 09/03/2023

Amid Russia-Ukraine war, small countries like Singapore must keep a sober mind and look beyond headlines: Shanmugam

SINGAPORE: Law and Home Affairs Minister K Shanmugam spoke on Wednesday (Mar 8) on the Russia-Ukraine war's implications and outlook for Southeast Asia. He was giving the closing keynote speech for a ...

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