SINGAPORE] OCBC’s financed emissions for four carbon-intensive sectors – power, oil and gas, real estate and shipping – declined in 2023, compared with the previous year. Read more at The Business ...
Best, but not necessarily the biggest: Piyush Gupta on DBS’ transformation
SINGAPORE] When DBS in 2015 set its sights on being recognised as the world’s best bank, there was scepticism within the management ranks. In terms of the size of assets, DBS was not within spitting ...
Singapore stocks rise on Wednesday; STI up 0.2%
SINGAPORE] Stocks on the Singapore bourse ended higher on Wednesday (Mar 26), tracking gains in the region and overnight on Wall Street. Read more at The Business Times.
Issue #18: What’s Happening This Week? Cold Storage and Giant’s $125 Million Sale, OCBC 360 Account Nerf, and More
Cold Storage and Giant are being sold for $125 million—but don’t worry, your cashback perks are safe, and you might even score cheaper groceries. OCBC 360 Account holders, brace yourselves—OCBC’s ...
DBS’s incoming CEO Tan Su Shan should focus on tech stability, growing Asean footprint: Morningstar
Morningstar’s senior equity analyst Michael Makdad says it is “difficult to find fault” with Gupta’s leadership, though one area that faced “occasional challenges” was a series of digital disruptions.
Singapore Stocks May Experience Pressure Amid Cautious Market Sentiment
The Singapore stock market is poised for a potentially muted session as it navigates through a climate of caution. Following two consecutive days of gains, the Straits Times Index (STI) has added ...
Groww IPO: Massive fundraise update ahead of public listing plans? Latest news here!
Groww’s last fundraise in 2021 had valued the platform at around $3 billion. Post latest funding round, Groww is expected to file its IPO papers in the next few months.
Singapore executives see rising financial crime risk, lack confidence in compliance
Cybersecurity, AI, regulation, geopolitics and sanctions as the key factors driving financial crime threats in 2025, according to Kroll’s survey.
Argentina football team’s Singapore exhibition match confirmed for early 2026 — will Messi finally play?
Singapore will host Lionel Messi and the Argentina national football team in early 2026 for an exhibition match, as part of a newly announced ...
DBS Leading Race to Buy Controlling Stake in Indonesia’s Panin Bank, Sources Say
SINGAPORE/HONG KONG (Reuters) - DBS Group, Southeast Asia's top bank by assets, is the frontrunner to buy a controlling stake in Indonesia's Panin Bank, three people with knowledge of the matter said.
Trust Bank launches money lock anti-scam feature
Trust Bank’s Trust Lock allows customers to lock up funds in a sub-account -Savings Pot - within the bank app. They can create and lock up to five Savings Pots, which continue to earn interest and ...
OCBC Group CEO Helen Wong’s Pay Rises to S$12.8M as Bank Posts Record Profit
OCBC Group CEO Helen Wong saw her pay increase by 5.8 percent to S$12.8 million for the financial year ended December 2024.
Groww in talks to rack up pre-IPO funding at $6.5 billion valuation
Singapore’s sovereign wealth fund GIC, existing investor Tiger Global tapped, according to sources in the know. Groww, which started as a direct mutual funds distributor, is currently the largest ...
‘Keep pivoting’: Piyush Gupta hands over Singapore’s biggest bank after 16 years
In his 16 years in charge of Singapore’s biggest bank, DBS chief executive Piyush Gupta has had to steer through technological disruption, the aftermath of the global financial crisis and the overhaul ...
Singapore companies risk exposure amid poor AI readiness, warns industry report
SINGAPORE: Singapore’s business landscape faces mounting risks as many companies remain unprepared for the integration of artificial intelligence (AI) into th ...
Singaporean daughter of Malaysian banking tycoon buys Tanglin Hill GCB for record S$93.9 million
Diona Teh Li Shian, daughter of Public Bank founder Teh Hong Piow, has acquired a Good Class Bungalow in Tanglin Hill for S$93.9 million, setting a new per-square-foot price record in Singapore’s ...