SINGAPORE – Singapore lost the top spot and dropped to second place in a digital competitiveness ranking of 63 economies, pipped by the United States in a move up from third place last year. In the ranking by Swiss business school IMD, Singapore topped ... ( read original story ...)
Singapore’s OCBC plans China wealth management business to boost profits
HONG KONG (Reuters) - Oversea-Chinese Banking Corp Ltd (OCBC) plans to set up a wealth management business in China as part of a strategy to double its profit in five years in the country’s so-called Greater Bay Area, its chief executive said. The ... ( read original story ...)
DBS introduces new virtual bank recruiter named Jim
DBS has introduced a new virtual bank recruiter to help its recruiters hire wealth planning managers more efficiently. According to a press statement, Jim, an acronym for “Jobs Intelligence Maestro”, is the brainchild of Singapore start-up Impress.AI ... ( read original story ...)
Singapore Telecommunications Limited’s Latest Full Year Earnings Update: What Happened With Its Consumer Business?
Singapore Telecommunications Limited (SGX: Z74) is Singapore’s largest operational telco, and it currently has three business segments: Group Consumer, Group Enterprise, and Group Digital Life. In mid-May, Singtel announced its full year earnings update ... ( read original story ...)
Singapore water treatment firm Hyflux gets 6-month reprieve from creditors
SINGAPORE: A Singapore court granted Singapore water treatment ... It applied to the country's high court in May to begin a reorganisation of its business. Trading in the company's shares have been suspended for the past month. "The court granted a six ... ( read original story ...)
HSBC Singapore and Grab close syndicated facility for vehicle fleet financing
HSBC has closed a S$500 million five-year asset-backed syndicated facility for Grab, one of the leading O2O mobile platforms in Southeast Asia. The facility has a potential upsize of S$800 million. HSBC acted as sole structuring advisor, mandated lead ... ( read original story ...)
Men in headlocks, exchange blows after S’pore driver hits Malaysian car at Customs
A trio of men were caught on video shouting at each other and exchanging blows in a dispute that happened along the Malaysia–Singapore Second Link. Stomper Jun Ye Wu posted a video of the incident in Stomp's public Facebook group on June 17. In his ... ( read original story ...)