Lower rates look set to boost transactions as investors deploy the dry powder amassed over the past 2 to 3 years. Read more at straitstimes.com.
Allianz scraps proposed acquisition of Singapore’s Income Insurance, source says
Allianz SE has scrapped a proposed $1.5 billion euro acquisition of a 51% stake in Singaporean firm Income Insurance Ltd because of public opposition to the deal, a source familiar with the matter ...
Growing calls for regulating online finance-related content amid rise of ‘finfluencers’
Calls for regulating online finance-related content are picking up pace in Singapore, amid a growing number of so-called financial influencers, or "finfluencers". In a bid to tackle possible ...
Singapore industrial rents to rise by up to 3% this year
The growth is a lot slower than last year’s 10.5% increase. Notwithstanding the challenges confronting businesses and the global economy, a Savills report said Singapore’s economic growth is likely to ...
IGI IPO subscription opens today: GMP up 18%; Should you bid or avoid?
International Gemmological Institute IPO GMP is up 17.99 per cent at Rs 492 per share against the upper end of the price band of Rs 417 ...
Close to S$15.8 billion set aside under banks’ ‘money lock’ feature to protect customers from potential scams
More than 181,000 customers have used the “money lock” option as of Oct 31, about a year after it was introduced, the Monetary Authority of Singapore (MAS) said.
Three arrested for evading over $870,000 in cigarette duties and taxes
Three men were arrested on Dec 10 for evading over $870,000 in cigarette duties and taxes, following a Singapore Customs operation. Some 7,383 cartons and 7,031 packets of such cigarettes were seized, ...
Singapore shares end flat amid mixed Asia markets as investors digest China’s monetary easing plans
SINGAPORE stocks closed unchanged on Friday (Dec 13), as China pledged further monetary easing to brace itself for more trade tensions with the United States. The benchmark Straits Times Index (STI) ...
With ‘no Cristiano or Messi’, Faris Ramli knows Singapore must share the load in ASEAN Championship quest
SINGAPORE -- It is a new-look Singapore outfit that will be looking to reach the semifinals of ASEAN Championship for only the second time in six editions over the next fortnight or so. With just ...
Singapore bank UOB names Leong Yung Chee as group CFO
Dec 13 (Reuters) - Singapore's United Overseas Bank, or UOB (UOBH.SI), opens new tab, on Friday named Leong Yung Chee as its group chief financial officer (CFO) effective April 2025, succeeding Lee ...
Asian countries’ investment in lab-grown meat could revolutionize the market
In the West, lab-grown meat struggles to shake its niche status. Meanwhile, Asian countries are investing in the technology as a cornerstone of future food security.
Exclusive-Singapore, Vietnam firms in talks for new undersea cables, sources say
Singaporean asset manager Keppel and Vietnamese conglomerate Sovico Group are discussing plans for new undersea fiber-optic cables that would boost the region's data centre industry, people familiar ...
Carlyle Is Said to Mull $1 Billion IPO of Quest Global in Mumbai
Carlyle Group Inc. is considering an initial public offering of engineering services firm Quest Global Services Pte in India, people familiar with the matter said, amid increasing investor interest in ...
OCBC chief Helen Wong joins Ho Ching, Jenny Lee on Forbes’ 100 most powerful women list
This year, three Singaporeans have been named in Forbes Magazine's 100 most powerful women list which was released on Wednesday (Dec 11). Among them is OCBC chief Helen Wong, who came in at number 59.
Should I give my child a debit card?
It can be a useful teaching tool for children to learn about money management. But parental guidance is key. Read more at straitstimes.com.
Panin Bank acquisition could add 2-3% to DBS’ or OCBC’s profit: RHB
A FULL takeover of Bank Pan Indonesia could add 2 to 3 per cent to the bottom line of DBS or OCBC, said RHB in a report Friday (Dec 13). Read more at The Business Times.