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Month: November 2024

Posted on 12/11/2024

Issuing limits for Singapore government securities, Treasury bills raised to S$1.5 trillion

SINGAPORE: The government will be able to raise more money through government securities and Treasury bills (T-bills), after a motion was passed in parliament on Tuesday (Nov 12). Lawmakers approved ...

Posted on 12/11/2024

Tatas dreams: AI-Vistara merger becomes reality; SIA to invest addl Rs 3,195 cr in integrated entity

Marking a significant consolidation in the fast-growing Indian aviation space, Air India on Tuesday completed the Vistara merger to create an integrated airline, partly owned by Singapore Airlines, ...

Posted on 12/11/2024

Singapore stocks fall as US dollar strength weighs on Asian stock indexes; STI drops 0.8%

Singapore Exchange market strategist Geoff Howie noted that the trade-weighted ... “Overnight strength in the US dollar, which has continued into Asia trading, weighed on most Asia stock indices today ...

Posted on 12/11/2024

Singapore to commit US$500 million as concessional capital for climate action

THE Singapore government will be committing US$500 million as concessional capital to support a blended finance initiative launched by its central bank last year, said Sustainability and Environment ...

Posted on 12/11/2024

Singapore Shopping: 5 Places to Find Colorful Treasures

By Liza Weisstuch If you find yourself in Singapore’s pastel-hued Joo Chiat neighborhood, wander into the collector Alvin Yapp’s home to visit the Intan, a museum on the ground floor. There, you’ll ...

Posted on 12/11/2024

DBS Bank nominates Rajat Verma to be next India CEO, sources say

DBS's India unit has nominated its head of institutional banking, Rajat Verma, to be the bank's new chief executive officer, two people familiar with the matter said. He is slated to replace Surojit ...

Posted on 12/11/2024

DBS CEO Piyush Gupta sells S$12.6 million worth of bank shares in 2 days

Piyush Gupta, the Chief Executive Officer (CEO) of DBS, has sold even more of his shares. He did so in a bank rally on Nov. 7 and 8, during which DBS shares climbed to over S$40, reported The Business ...

Posted on 12/11/2024

DBS Foundation spotlights Singapore’s ageing society in inaugural Impact Beyond Summit

DBS Foundation held its inaugural Impact Beyond Summit on Monday (Nov 11), with a focus on Singapore’s ageing society. Read more at The Business Times.

Posted on 12/11/2024

Singapore: Over 7.5 Kg Of Heroin Seized During SGD 1.4 Million Drug Bust In Tengah

According to a news release, about 1.027 kg of cannabis and 513g of ‘Ice’ were recovered from one person. Another search led to the recovery of about 3.223 kg of cannabis, 7.626 kg of heroin, 2.339 kg ...

Posted on 12/11/2024

Boustead Singapore posts 34% higher H1 profit of S$36 million

Boustead Singapore’s real estate solutions arm saw revenue fall mainly due to decreased revenue recognition in light of the engineering and construction business’ significantly lower order backlog ...

Posted on 12/11/2024

Singapore commits up to $500 mln funding to support decarbonisation in Asia

The government of Singapore has committed up to $500 million in concessional funding to support the local central bank's initiative to help fund Asia-focused climate projects, a senior official said ...

Posted on 12/11/2024

Singapore’s interest will always be at the core of its foreign policy: Chee Hong Tat

SINGAPORE’S interest will always be at the core of its foreign policy. In times of disagreement when engaging with other countries, Singapore must be prepared to speak up and make tough decisions when ...

Posted on 12/11/2024

Police probe deepfake nude photos of Singapore Sports School students

SINGAPORE: The police are investigating deepfake nude photos of Singapore Sports School (SSP) students that were created and spread by other students. In response to queries from The Straits Times, ...

Posted on 12/11/2024

Here’s Everything That Happened Singapore Fintech Festival 2024 in 10 Key Highlights

The ninth edition of the Fintech Festival (SFF) wrapped up on November 08, concluding a dynamic week-long of celebration of fintech that brought together tens of thousands of participants from around ...

Posted on 12/11/2024

DBS CEO Piyush Gupta cashes out $12.6m in shares as bank stock hits record high

Outgoing CEO of DBS Piyush Gupta offloaded some 300,000 of his DBS shares for a total of $12.6 million last week. He sold his shares in two transactions amid a major rally in DBS' stock price ...

Posted on 12/11/2024

Bulls are calling the ‘golden age of crypto’. It’s not all about Trump

Donald Trump’s decisive election win has sent crypto markets surging. But pundits see a much bigger case for optimism around the sector.

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