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 ...
USA Rugby Sevens Gears Up for a Defining Moment In The Upcoming HSBC SVNS Series
As the HSBC SVNS Series heads to Hong Kong and Singapore, both USA Men’s and Women’s Sevens teams are looking to make a statement. The Hong Kong Sevens will be held at the new Kai Tak Sports Park from ...
Eagles Target Hong Kong And Singapore SVNS 2025 Rugby Glory.
USA rugby sevens teams face critical challenges in the HSBC SVNS series events in Hong Kong and Singapore, respectively. The men’s team aims to achieve a greater milestone, with Stephen Tomasin ...
OCBC Revise Interest Rates from May 2025
OCBC will revise interest rates from May 2025 for the 360 Account. OCBC 360 bank account is a high interest savings account in Singapore that offers customers a variety of benefits and features. With ...
IN FOCUS: With people turning to social media for financial guidance, what is the role of finfluencers?
With the recent Chocolate Finance saga putting the role of financial influencers under the spotlight, CNA looks at how these “finfluencers” build an audience and their motivations to share tips with ...
Singapore’s Ministry of Finance Budget director resigns ahead of GE2025, fifth civil servant to step down so far
SINGAPORE: The civil servant who oversaw the last two budgets has resigned amid speculation he may stand in the upcoming general election.
New Cold Storage, Giant owners expect to recoup $125m investment within months
SINGAPORE - Although DFI Retail Group has decided to offload its Singapore supermarket business to focus on other more lucrative businesses, the new owners of Cold Storage and Giant see new ...
Two veteran public servants to retire; new permanent secretary for finance from May 1
Mr Jeffrey Siow, second permanent secretary at the trade and industry, and manpower ministries, will retire on April 2 after 24 years in the public service, the Public Service Division (PSD) said in a ...
Malaysia’s Public Bank heiress buys Singapore good class bungalow for $93.9m
The $93.9 million purchase of a good class bungalow under construction in the city-state’s Tanglin Hill area was completed in February, according to property records seen by Bloomberg News. It was ...
Singapore stocks track regional gains on Tuesday; STI up 0.5%
SINGAPORE stocks ended higher on Tuesday (Mar 25), tracking gains in the region. Read more at The Business Times.