H2 2023 revealed that the overall Sentiment Index remained unchanged at 43 points in H2 2023, same as in H1 2023. Read on for more insights. ( read original story ...)
UOB Kay Hian keeps ‘buy’ on CDL Hospitality Trusts with lower TP of $1.48
Analyst Jonathan Koh says the REIT will benefit from increased contributions from Grand Copthorne Waterfront Hotel in 2HFY2023.
DBS chief says China pessimism not ‘overdone’ but upbeat about India prospects
DBS Group chief executive Piyush Gupta said current widespread pessimism about China’s economy was not “overdone” but he was upbeat about India, where the bank plans to triple its business in the next ...
DBS chief says wealth management business benefiting from inflows
DBS Group's wealth management business has benefited from inflows from across Asia, the Middle East and European regions recently, Chief Executive Piyush Gupta said on Thursday.
MOM officer gets jail for illegally obtaining co-workers’ salary details through ex-colleague from DBS
SINGAPORE: A Ministry of Manpower (MOM) officer who had asked an ex-colleague from DBS Bank to access the salary information of MOM colleagues was jailed for five weeks on Thursday (Sep 14).
Singapore businesses continue to face challenges from elevated wage cost pressures: DBS
This is on the back of a tight labour market spurred by the post-pandemic recovery and competition for talent.
Singapore takes a long-term view of China’s development: minister
China faces complex challenges in its economic trajectory, but its determination to overcome them should not be underestimated, Singapore’s Minister-in-charge of the Public Service Chan Chun Sing told ...
Singapore Crypto Policy Turned Conservative After FTX, Zhao Says
Singapore’s approach to crypto became more conservative after the collapse of FTX but the island remains crypto friendly overall, said Changpeng ‘CZ’ Zhao, chief executive of the Binance digital-asset ...
Singapore’s Bayfront prices $410 million infrastructure asset-backed securities
(Reuters) - Singapore-based Bayfront Infrastructure Management has ... it added. Asian Infrastructure Investment Bank (AIIB), one of the world’s largest multilateral development institutions, ...
Tiger Brokers affiliate, Tiger Fund Management, launches in Singapore with $300 mil AUM
Tiger Fund Management will offer asset management products and wealth management services to individuals and businesses.
Singapore’s central bank imposes 9-year ban on Three Arrows founders
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has imposed nine-year prohibition orders on Kyle Davies and Zhu Su, co-founders of the crypto hedge fund Three Arrows Capital (3AC) ...
Singapore Central Bank Bans Zhu, Davies Over Three Arrows
Singapore’s central bank imposed nine-year prohibition orders on Su Zhu and Kyle Davies for transgressions at their collapsed crypto hedge fund Three Arrows Capital.The orders from the city-state’s ...
Scope of Special Economic Zone with Singapore to be finalised in October, says Onn Hafiz
Malaysia and Singapore are expected to finalise the Terms of Reference (TOR) next month for the setting up of the Johor-Singapore Special Economic Zone (SEZ).
MAS bans founders of failed crypto hedge fund Three Arrows Capital
SINGAPORE - The co-founders of failed cryptocurrency hedge fund Three Arrows Capital have been banned by the Singapore regulator from taking part in the management, acting as a director or becoming a substantial shareholder of any regulated capital market services firm here.
PBBM sees more partnership opportunities between PH, Singapore
President Ferdinand R. Marcos Jr. has expressed confidence that the Philippines and Singapore would forge more partnerships, given the two nations’ strong bilateral ties.In a roundtable discussion ...
GlobalFoundries opens $4 billion Singapore chip fabrication plant
GlobalFoundries , the world's third-largest contract chipmaker, opened a $4 billion semiconductor fabrication plant in Singapore on Tuesday, as part of a major global manufacturing expansion.