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Month: November 2023

Posted on 16/11/2023

Citibank Offers Exclusive Opportunity to Catch UEFA Champions League Final Live in London in Partnership with Mastercard®

One child from Singapore will accompany player onto the field during the final SINGAPORE, Nov. 16, 2023 /PRNewswire/ -- Citibank is launching its first football promotional campaign in Singapore, ...

Posted on 16/11/2023

PropertyGuru Appoints Ray Ferguson as Chairman of the Board With Effect From January 1, 2024

PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Company”), Southeast Asia’s leading 1 property technology (“PropTech”) company, today announced the appointment by the board of ...

Posted on 16/11/2023

CBA to Sell Stake in Indonesian Unit to Singapore’s OCBC

The agreement ended years of speculation over OCBC’s acquisition strategy in Indonesia, one of its four key markets. It also marked Chief Executive Officer Helen Wong’s first takeover since she took ...

Posted on 16/11/2023

OCBC to buy Indonesia’s Bank Commonwealth for $192 million

SINGAPORE - A subsidiary of OCBC will pay A$220 million (S$192.3 million) upfront to acquire Bank Commonwealth – the Indonesian subsidiary of the Commonwealth Bank of Australia (CBA). CBA on Thursday ...

Posted on 16/11/2023

Commonwealth Bank of Australia to sell 99% stake in Indonesian unit to OCBC

Commonwealth Bank of Australia (CBA) said on Thursday it has agreed to sell a 99 per cent stake in its Indonesian unit PT Bank Commonwealth (PTBC) to a local unit of Singapore's second-largest bank ...

Posted on 16/11/2023

OCBC Indonesia to buy over Commonwealth Bank’s stake in Indonesian subsidiary for A$220 mil

The Indonesian subsidiary of Oversea-Chinese Banking Corporation, PT Bank OCBC NISP Tbk (OCBC Indonesia), has agreed to buy Commonwealth Bank of Australia’s (CBA) 99% stake in CBA’s Indonesian banking ...

Posted on 16/11/2023

Crypto platform Paxos gets in-principle approval to issue stablecoins in Singapore

CRYPTO platform Paxos has received in-principle approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services under its Singapore entity, the company said on Thursday ...

Posted on 16/11/2023

Safecom Mobile Partners With Durabook to Reach More Customers Across Southeast Asia

Safecom Mobile, distinguished for its integrity and professionalism, specialises in distributing high-quality, innovative products from well-known manufacturers. Their range of computing and ...

Posted on 16/11/2023

Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement.

Posted on 16/11/2023

Singapore central bank sees regulation and innovation going together in the Web3 world

Sopnendu Mohanty, chief fintech officer at the Monetary Authority of Singapore, said this has manifested into projects, products and public consultations — all of which are the "right way to move ...

Posted on 16/11/2023

There will be a BTS pop-up store at Cineleisure with Singapore-exclusive merchandise and photo-taking spots

The Space of BTS pop-up store will be happening from Nov 25, 2023 to Jan 21, 2024. This audio is generated by an AI tool. Get ready to light it up like dynamite for two months as there'll be a BTS pop ...

Posted on 16/11/2023

Singapore to Add Layer of Scrutiny to Significant Investments With New Bill

Once the bill passes, Singapore will join such countries as China, Japan, the U.S., Australia and the U.K., which have comparable investment regulations. Singapore has introduced a new Significant ...

Posted on 16/11/2023

Singapore Shares Predicted To Open In The Green

The Singapore stock market on Wednesday ended the two-day losing streak in which hit had fallen more than 30 points or 1 percent. The ...

Posted on 16/11/2023

Singapore to pilot use of wholesale CBCDs in 2024: Menon

MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions. Singapore will be piloting the live issuance and use of wholesale central bank digital currencies in 2024, a top ...

Posted on 16/11/2023

7 Takeaways From President Tharman Shanmugaratnam’s Fireside Chat At The Singapore FinTech Festival (SFF) 2023

The current technology revolution with AI will not only have a faster impact but also be more disruptive to cognitively skilled workers.

Posted on 16/11/2023

Iconic Canadian coffeehouse chain Tim Hortons to open first Singapore outlet on Nov 17

The first 100 daily customers from Nov 17 to 19 at its Vivo City outlet will get a free weekly regular-sized cafe latte, for a whole six months.

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