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Category: FINANCE

Posted on 12/11/2024

DBS CEO Piyush Gupta cashes out $12.6m in shares as bank stock hits record high

Outgoing CEO of DBS Piyush Gupta offloaded some 300,000 of his DBS shares for a total of $12.6 million last week. He sold his shares in two transactions amid a major rally in DBS' stock price ...

Posted on 12/11/2024

Singapore and China step up cooperation, refresh ties

SINGAPORE — Singapore and China took steps to refresh their relationship and deepen collaboration in areas such as trade and finance at the apex bilateral cooperation meeting between the two countries ...

Posted on 12/11/2024

Singapore and China Boost Green Finance, Capital Market Connectivity

The Monetary Authority of (MAS) announced new initiatives aimed at bolstering financial cooperation with China.

Posted on 12/11/2024

Bankers see Asia deal drought easing as Hong Kong IPOs pick up

After a lean couple of years, bankers in Asia are seeing signs of a recovery in initial public offerings, particularly in Hong Kong, India and Japan.

Posted on 12/11/2024

Singapore proposes unprecedented law to stop stubborn victims from sending money to scammers

The Protection from Scams Bill proposes giving police control over some victims' bank accounts as a last resort. Read more at straitstimes.com.

Posted on 12/11/2024

OCBC’s head of anti-fraud Beaver Chua on banks working with police to combat scams

Singapore police may soon have powers to stop people from transferring ... Mr Beaver Chua, head of anti-fraud at OCBC, shared what this unprecedented law could mean for banks, in terms of allocating ...

Posted on 12/11/2024

DBS CEO Piyush Gupta sells $12.6 million worth of shares as bank hits all-time high

DBS closed up 0.8 per cent or $0.35 to $42.75, OCBC closed up 1.6 per cent or $0.26 to $16.32, while UOB was the top gainer on the Straits Times Index, up 2.7 per cent or $0.96 to $36.65. THE BUSINESS ...

Posted on 12/11/2024

Singapore’s DBS weighs stakes acquisitions in Malaysian banks

"Singapore’s DBS weighs stakes acquisitions in Malaysian banks" was originally created and published by Retail Banker International, a GlobalData owned brand.

Posted on 11/11/2024

Singapore expands eligibility, adds higher BEPS 2.0-compliant tax rate for corporate incentive scheme

ONE of Singapore’s corporate tax incentive schemes is adding a higher concessionary tax rate tier of 15 per cent for large multinationals, to allow such companies to continue qualifying despite global ...

Posted on 11/11/2024

I swapped UK for Singapore — Keir Starmer will push many others to do same

There's a time when you have to read the room and it's clear that the Labour Party's policies are no friends of wealth creation.

Posted on 11/11/2024

Singapore and China sign 25 agreements at annual top-level bilateral meeting to boost cooperation

SINGAPORE: Singapore and China have signed 25 agreements at their annual apex meeting, boosting cooperation in areas like trade, finance and maritime as they strengthen ties amid a troubled ...

Posted on 11/11/2024

Singapore targets stubborn scam victims with new law to restrict financial transactions

Facing a surge in scam cases, Singapore is proposing a landmark law allowing police to control the bank accounts of scam victims who persist in sending money to fraudsters, despite clear evidence ...

Posted on 11/11/2024

Singapore Airlines to Invest INR 3,194.5 Crore in Tata’s Merged Air India and Vistara Entity

SIA will contribute its 49 per cent stake in Vistara, as well as INR 2,058.5 crore in cash, to secure a 25.1 per cent equity share in the merged airline.

Posted on 11/11/2024

Swiggy IPO allotment today: Steps to check status, current GMP, other details

The Swiggy IPO allotment of shares will be finalised on Monday, November 11, 2024, and investors will be able to check their allotment status on the Swiggy IPO registrar portal, which is Link Intime ...

Posted on 11/11/2024

Winking Studios Prices London IPO at 15 Pence a Share; To Start Trading Nov. 14

Singapore-listed Winking Studios priced its London initial public offering at 15 pence a share, implying a market capitalization of 66.1 million pounds ($85.4 million) when trading starts on the ...

Posted on 11/11/2024

Niva Bupa Healthcare IPO sails through on last day of bidding process. Check GMP, other details

Under the OFS, Bupa Singapore Holdings and Fettle Tone will offload their ... Analysts advised investors to subscribe to the IPO from a long-term perspective even though it is priced on the aggressive ...

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