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Month: May 2026

Posted on 16/05/2026

Singapore banks fight for bigger slice of wealth management pie

In a world of low interest rates and stiffer banking regulations on capital, the wealth management business has become more than just a source of diversification for banks.

Posted on 16/05/2026

Not mandatory for most investors to seek advice for complex products like investment-linked policies

Most retail investors can now opt in or out of financial advice for complex products, with enhanced disclosures for informed decisions. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 16/05/2026

Standard Chartered, Singapore Gulf Bank Deepen Cross-Border Clearing Ties

Standard Chartered, Singapore Gulf Bank Deepen Cross-Border Clearing Ties. Standard Chartered forges clearing relationship with Singapore Gulf Bank to smooth ME-Asia paymentsStandard Chartered has est ...

Posted on 16/05/2026

Singapore Airlines defends its decision to invest in loss-making Air India: ‘We know the market and how difficult it feels’

SIA reported a 57.4% drop in FY2025 net income to $927 million. Profits were partially eroded by losses from the airline's investment in Air India.

Posted on 16/05/2026

Singapore to form National AI Council, expands tax breaks to ease AI adoption

Singapore has unveiled a raft of initiatives in its latest budget, including the formation of a National AI Council and fiscal incentives, to pave the way for broader adoption of artificial ...

Posted on 15/05/2026

HSBC drags feet on US$4 bil private credit investment effort

HSBC conducted a review of the US$400 million provision and is updating its risk appetite, chairman Brendan Nelson said at the bank’s annual general meeting earlier this month.

Posted on 15/05/2026

Four foreigners caught moving cash exceeding S$20,000 into Singapore; 43 held for tax, duties evasion at checkpoints

SINGAPORE: Four foreigners were caught moving cash exceeding S$20,000 into Singapore during a week-long enforcement operation, the authorities said on Friday (May 15).

Posted on 15/05/2026

K-pop clash: Babymonster and Le Sserafim line up Singapore shows on Nov 28

Babymonster at the Singapore Indoor Stadium, Le Sserafim to be announced – ticketing details for both have yet to be released.

Posted on 15/05/2026

Singapore to deny VEP applications, renewals for foreign-registered vehicles with outstanding fines from Nov 2

This applies to foreign-registered vehicles with outstanding fines for traffic, parking or vehicular emissions offences committed in Singapore.

Posted on 15/05/2026

Singapore court grants winding up bids for 3 entities linked to 1MDB scandal, liquidators say

The Singapore High Court has granted winding up applications filed for three entities incorporated in the British Virgin Islands and linked to the multibillion-dollar scandal at Malaysian state fund ...

Posted on 15/05/2026

Singapore Airlines investment in Air India is a long game : CEO Goh Choon Phong

Singapore Airlines CEO emphasizes long-term commitment to Air India despite recent profit decline and challenges impacting performance.

Posted on 15/05/2026

GIC-backed JustCo aims to raise $100 mil from IPO to fund expansions

GIC-backed co-working operator JustCo is seeking to raise gross proceeds of $100 million and net proceeds of $92.2 million at 94 cents per share in an initial public offering (IPO) on SGX.

Posted on 15/05/2026

Meet the biggest winners of Bursa’s IPO boom

What do Singapore’s sovereign wealth fund GIC, the husband-and-wife team behind 99 Speed Mart, the founding brothers of Mr DIY, and private equity firm Creador have in common?

Posted on 15/05/2026

PropertyLimBrothers’ Adrian Lim leads 36-agent team to join another Singapore agency after fellow co-founder’s alleged cheating scandal

Adrian Lim, co-founder of Singapore-based PropertyLimBrothers, will lead a team of 36 salespeople to join another real estate agency, four months after an alleged cheating scandal involving fellow ... ( read original story ...)

Posted on 15/05/2026

Singapore’s OCBC to add 30-50 Hong Kong-based relationship managers in 2026

By Selena Li HONG KONG, May 15 (Reuters) - Oversea-Chinese Banking Corp, Singapore's second-largest bank, plans to add 30 to 50 relationship managers in Hong Kong in 2026, a more than 30% increase, as ...

Posted on 15/05/2026

OCBC Hong Kong to lift RM headcount by 30% as revenue heads for double-digit growth

The franchise is ‘most likely’ able to meet its target of becoming a top-10 bank in Hong Kong by 2030, says Greater China head Read more at The Business Times.

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