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Category: FINANCE

Posted on 27/11/2024

Blockchain-based firm backed by Temasek and DBS secures new funding in Series B

Deutsche Bank has joined Partior's Series B funding round as a strategic investor. Read more at straitstimes.com.

Posted on 27/11/2024

DBS inks MOU with Japan partner to help Japanese SMEs expand into Singapore, key Asian markets

JAPANESE small and medium-sized enterprises (SMEs) can now receive financing support to expand into key Asian markets including Singapore, under a new partnership by DBS and Japan Financial ...

Posted on 27/11/2024

Pharma giant Sanofi opens $595 million vaccine facility in Singapore to boost preparedness for potential pandemics

The Singapore facility is part of Sanofi's 900 million euro investment to develop two new EVFs globally over five years. The other facility will be in Neuville-sur-Saône, France. SINGAPORE — French ...

Posted on 27/11/2024

Companies’ debt levels in Singapore low, banks and insurers can withstand shocks: MAS

Business costs and earnings are expected to improve, which would ease pressures on firms. Read more at straitstimes.com.

Posted on 27/11/2024

SMU and DBS Offer New Course to Equip Leaders for Sustainable Finance Challenges

Singapore Management University ( SMU) and DBS have partnered to launch the “Sustainable Finance in Action” course. This new programme designed to equip senior executives with the knowledge and skills ...

Posted on 27/11/2024

S$1.5b nickel investment fraud case: Man lived lavishly on gains from scheme he masterminded, prosecution says

(Photo: Reuters/Edgar Su) SINGAPORE: Alleged fraudster Ng Yu Zhi "lived lavishly" on the criminal proceeds from the S$1.5 billion (US$1.1 billion) nickel investment scheme he masterminded, prosecutors ...

Posted on 27/11/2024

Singapore Shares: Support Expected At 3,700 Points

The Singapore stock market has moved lower in back-to-back sessions, dropping almost 35 points or 0.9 percent along the way. The ...

Posted on 27/11/2024

Singapore Trader Pleads Not Guilty to $1.1 Billion Fraud

An ex-accountant accused of running a billion-dollar nickel scam that rocked Singapore’s business community pleaded not guilty on Tuesday to 42 charges including fraud and money laundering.Prosecutors ...

Posted on 27/11/2024

Bus services affected by StanChart marathon this weekend

Twenty-seven SBS Transit bus services will be affected by lane/road closures for the Standard Chartered Singapore Marathon on Nov 30 and Dec 1. On Nov 30, bus services 10, 11, 14, 16/16M, 31, 32, 33, ...

Posted on 27/11/2024

Trump’s victory could make life harder for Hong Kong—and that may be good news for Singapore’s banks

Banks like Singapore's OCBC are poised to gain from Chinese investment into Southeast Asia—now potentially supercharged by a new Trump trade war.

Posted on 27/11/2024

Trial opens in S$1.5 billion nickel investment fraud case against Envy Global’s ex-director

The prosecution accused Ng Yu Zhi's defence team of time-wasting after his lawyers made an "eleventh hour" application to the court.

Posted on 27/11/2024

Singapore-listed Dow ETF offers local investors a gateway to US stocks, say panellists

Wong: It’s the same. So if you buy anything that is listed in the US, be it an ETF or a stock, whenever it pays dividends, an investor in Singapore will get hit by a 30 per cent withholding tax.

Posted on 26/11/2024

Singapore’s First APAC Fund to invest $1.36bn in Dubai’s AMIS Development

The partnership follows the success of AMIS Development’s Woodland Residences project, a $115.7 million luxury development in District 11, Meydan. Singapore’s First APAC Fund to invest $1.36bn in ...

Posted on 26/11/2024

DBS Foundation Deploys SGD 88 Million to Widen Financial Inclusion and Provide Essential Needs to Vulnerable Communities Across Asia

The DBS Foundation announced that it will deploy SGD 88 million in initiatives that drive inclusion and enable better access to essential needs among vulnerable communities. The funding will go ...

Posted on 26/11/2024

Singapore’s First APAC Fund to invest $1.36bln in Dubai’s AMIS

The partnership reflects the Fund’s confidence in Dubai’s real estate market and AMIS Development’s reputation for high-value luxury developments ...

Posted on 26/11/2024

Barclays to set up Singapore private banking centre by 2026

The centre will offer clients access to quasi-institutional investment solutions and cross-asset class offerings.

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