Singapore, renowned for its robust financial sector and stringent regulatory framework, has been thrust into its largest-ever money laundering scandal, involving six single-family offices (SFOs) and a ...
OCBC extends RM351mil financing for Johor property projects in JS-SEZ
Bhd has extended RM351mil in financing to See Hong Chen Group and Exsim to support three strategic real estate developments in the Johor-Singapore Special Economic Zone (JS-SEZ).
Indonesian govt seeks larger investment from Singapore
Coordinating Minister for Economic Affairs Airlangga Hartarto has urged Singapore to increase its investment in Indonesia to US$30 billion to US$40 billion as ...
Prabowo Says Danantara Copies Singapore’s $303 Billion Temasek ‘With Pride’
“ [An] achievement of Singapore that we copy with pride is your sovereign wealth fund: Temasek. … Danantara’s name actually means the future energy of Indonesia. So we are doing this for [our] future ...
EU interest rate tightening may not affect Singapore directly: Austrian central bank governor
SINGAPORE] Europe’s return to conventional monetary policy will not affect Singapore directly through interest rates, but indirectly through the Republic’s investments overseas, said Professor Robert ...
DBS and OCBC raise TPs on SIAEC, see positive MRO growth
Since the stock’s last close on May 20 when the new renewal contract was signed with SIA group, OIR's Lim notes that SIAEC’s share price has “been on a tear”, up more than 25%.
DBS keeps CLCT at ‘buy’; impending IPO of CLCR to help narrow yield spread
DBS Group Research has maintained its "buy" call and 85 cents target price on CapitaLand China Trust following news that it is taking an initial 5% stake in CapitaLand Commercial C-REIT (CLCR), slated ...
DBS to Add 100 Wealth Bankers in Hong Kong as Clients Trade More
DBS Group Holdings Ltd., Singapore’s largest lender, is planning to recruit 100 bankers catering to the rich in Hong Kong over the next three years with clients having more appetite to trade.
Citing tariffs uncertainty, OCBC keeps 59.5 cents fair value on Nanofilm
Her fair value remains 59.5 cents but has downgraded her call from "buy" to "hold" on valuation grounds. Nanofilm shares traded at 59 cents as a 9.29 am, down 0/85%.
UOB Kay Hian lowers Thai Bev’s target price to 45 cents following higher alcohol taxes in Vietnam
UOB Kay Hian analysts Llelleythan Tan Yi Rong and Heidi Mo have lowered their target price for Thai Beverage from 51 cents to 45 cents, following news that Vietnam, one of the key markets for the ...
Singapore to host S$64 million fund by Norway-based firm for start-ups in Asia ocean health
NICE, France] Norway-based impact investment firm Katapult Ocean will launch a US$50 million (S$64 million) fund in Singapore in early 2026 to invest in start-ups that support ocean health in Asia, ...
Singapore private club 1880 eyed by at least two potential buyers; one linked to a sovereign wealth fund
[SINGAPORE] At least two parties are now looking into the potential acquisition of Singapore private club 1880, one of which is said to be linked to a sovereign wealth fund. The other is a local ...
The subsidiary of the Singapore bank plans to hire 100 bankers and open a new wealth-management centre
DBS Hong Kong, a unit of Southeast Asia’s biggest lender, plans to hire 100 bankers in the next three years and open a new wealth centre next year to capture the growing wealth-management business in ...
Why India’s top dealmakers are making 37% more than those in Singapore
Senior dealmaker in India are outearning their peers in Singapore and Hong Kong, as global firms boost salaries to secure top talent in the world’s fastest-growing major economy.
SIA slips amid aviation turbulence; OCBC launches exit offer for rest of Great Eastern shares
CNMC Goldmine shares may see increased trading activity amid ongoing air strikes between Israel and Iran. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore digital token service providers that focus on offshore customers have to now be licensed
Singapore’s central bank will now require digital token service providers that cater solely to offshore customers to be licensed, in a bid to combat money laundering. These firms will have to be ...