It can be a useful teaching tool for children to learn about money management. But parental guidance is key. Read more at straitstimes.com.
Panin Bank acquisition could add 2-3% to DBS’ or OCBC’s profit: RHB
A FULL takeover of Bank Pan Indonesia could add 2 to 3 per cent to the bottom line of DBS or OCBC, said RHB in a report Friday (Dec 13). Read more at The Business Times.
Trust issues halt AI investments; over 70% of Singaporean businesses scale back despite AI’s potential, says Qlik report
The report by Qlik reveals that 74% of businesses in Singapore have reduced their AI investments due to trust concerns, far surpassing the global average of 61%. While 90% of senior decision-makers in ...
International Gemmological Institute IPO opens today: Should you apply?
International Gemmological Institute is selling its shares in the price band of Rs 397-417 apiece, which could apply for a minimum of 35 shares and its multiples to raise a total of Rs 4,225 crore.
OCBC launches initiative to empower SMEs in Johor-Singapore Special Economic Zone
SINGAPORE: OCBC has introduced a new initiative to help small- and medium-sized enterprises (SMEs) seize emerging opportunities from the Johor-Singapore Special Economic Zone (JS-SEZ).
Singapore stocks fell as trading began on Friday—STI dropped 0.2%
SINGAPORE: Singapore stocks fell as trading began on Friday (Dec 13) after China stepped up its efforts to support the economy in response to growing trade tensions with the United States. The Straits ...
Panin Bank acquisition impact for OCBC and DBS could be smaller given uncertainties surrounding Gunawan family’s plans:
An OCBC-Panin Bank combination would lift the enlarged group to fifth position while a DBS-Panin Bank entity would propel DBS into the top 10 versus its high-teens ranking.
International Gemmological Institute IPO: Blackstone-backed firm raises ₹1,900 crore from anchor investors
International Gemmological Institute Ltd has raised ₹1,900 crore from anchor investors ahead of its public issue. The IPO is set to open for public bidding on Friday, December 13.
DBS names new Singapore country head, group head of IBG
Han Kwee Juan and Lin Him Chuan will take over their new roles on 1 Jan 2025. DBS has made two new senior appointments– a new country head and group head of institutional banking (IBG). Han Kwee Juan ...
Two-thirds of Singaporean firms cut AI investments over trust concerns
They cited data governance (26%), budget constraints (28%), and untrusted data (26%) as major barriers. Over two-thirds of Singaporean businesses are scaling back their investments in AI due to trust ...
Singapore companies keen to invest in Bangladesh
DHAKA, Dec 12, 2024 (BSS)- Minister for Sustainability and Environment and Trade of Singapore Grace Fu Hai Yien has said many Singaporean companies have high interest for investment in Bangladesh.
OCBC joins JS-SEZ excitement; SMEs say moving business to Johor is a ‘must do before elimination’
The Singaporean bank is the latest out of many in the two countries to organise events related to the JS-SEZ for their customers, in hopes of capturing incoming capital flows.
OCBC Bank requires proof of residence from international clients in wake of money-laundering crackdown
SINGAPORE: Some international clients of OCBC, Singapore’s second-largest bank, were asked by the bank to provide proof of their Singapore residence or risk having their accounts closed. The request ...
OCBC tasks 25 bankers in S’pore, Johor to expand business in new special economic zone
SINGAPORE – Some banks in Singapore and Malaysia are positioning themselves to capture new business opportunities that may emerge once a new special economic zone in Johor is launched in January. OCBC ...
OCBC tightens scrutiny on international clients
Oversea-Chinese Banking Corp, Singapore’s second-largest lender, told some international clients to show proof of residence in the city state to avoid having their accounts shut, a signal of ...
Temasek leads US$210 million fund-raising round for India start-up Rebel Foods ahead of planned IPO
REBEL Foods, a startup that specialises in online-only restaurants, unveiled a US$210 million funding round, ahead of an initial public offering the company is seeking to pull off by 2026. Read more ...