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Category: FINANCE

Posted on 02/10/2024

New Thai bank licences grapple with early profitability challenges

Bank of Thailand's virtual banks to struggle with early profitability, SCB least to benefit, KGI Securities reports.

Posted on 02/10/2024

Singapore Gulf Bank hires former Goldman Sachs, Sygnum senior executives as CFO, COO

SINGAPORE Gulf Bank (SGB) has appointed former Goldman Sachs executive Ali AlShamma as chief financial officer and ex-Sygnum executive Elaine Leong as chief operating officer, the bank announced in a ...

Posted on 02/10/2024

5 Singapore Stocks Paying Dividends in October

Here are five Singapore companies paying out dividends in October. The post 5 Singapore Stocks Paying Dividends in October appeared first on The Smart Investor.

Posted on 02/10/2024

HSBC Singapore Boosts Security with Singpass Face Verification

HSBC Singapore has become the first bank in the country to introduce Singpass Face Verification for in-app provisioning on its mobile app.

Posted on 02/10/2024

SCB Selects Databricks for AI-Powered Banking Transformation

Siam Commercial Bank (SCB) has selected Databricks' Data Intelligence Platform to centralise its data and AI assets.

Posted on 02/10/2024

Singapore stocks started Wednesday with a slight drop—STI edged down 0.1%

SINGAPORE: Singapore stocks started Wednesday, Oct 2, with a slight drop, following losses in global markets overnight.

Posted on 02/10/2024

Top shareholder in Singapore FPSO builder rejects Hanwha’s offer

A takeover offer by South Korean offshore and marine giant Hanwha Ocean for Singaporean peer Dyna-Mac has been rejected by the Singaporean company’s largest shareholder.

Posted on 02/10/2024

Singapore’s offshore and marine stocks could rally amid tensions in the Middle East

SINGAPORE – Rising tensions in the Middle East, which portend higher oil prices, could provide an uplift to offshore and marine sector companies listed in Singapore.

Posted on 01/10/2024

Smart Nation 2.0: Singapore to double down on investment in areas such as AI

Singapore is looking to double down on investment in emerging areas of tech like artificial intelligence, while protecting citizens from online harms and digital risks. It comes as the country embarks ...

Posted on 01/10/2024

Money Talks – ‘Radical ideas’ needed to revitalise the Singapore stock market

Singapore’s stock market has been in the doldrums, struggling to attract and retain listings. For such a competitive economy, why is the stock market so lacklustre? Yang Eu Jin, partner and co-head of ...

Posted on 01/10/2024

NIPPON STEEL TRADING CORPORATION’S STRATEGIC INVESTMENT IN SINGAPORE’S MLION CORPORATION, A LEADING DISTRIBUTOR OF FOUNDATION STEEL SOLUTIONS IN ASIA

MLION CORPORATION PTE LTD (Mlion) is pleased to announce its strategic minority investment from Nippon Steel Trading Corporation (NST) to advance its already strong foothold in key ASEAN markets, ...

Posted on 01/10/2024

Thunes and SCB Strengthen Alliance to Enhance International Remittance Services via SCB EASY App

Thunes, the Smart Superhighway to move money around the world, has expanded its collaboration with Siam Commercial Bank (SCB), Thailand's premier digital bank, a longstanding Member of the Thunes' ...

Posted on 01/10/2024

Singapore leads in green finance taxonomies but Indonesia is too lax

Clarity is needed to accelerate the net zero transition and ensure it’s effective and equitable according to new IEEFA report.

Posted on 01/10/2024

After billions for Singapore and Malaysia, Google spends big in Thailand too

Google's US$1 billion bet on Thai data centres could boost the economy by US$4 billion over 5 years and create 14,000 jobs annually, it says Alphabet Inc.'s Google plans to invest US$1 billion to ...

Posted on 01/10/2024

I interned at a hedge fund when I was 16. It was the smartest decision I made as a teen, and it set me on the path to a career in finance.

Cao started her internship journey back in secondary school when she interned at a hedge fund. The following has been edited for length and clarity. Business Insider has verified her education and ...

Posted on 01/10/2024

3 Singapore REITs to Watch Out for in October

We highlight three REITs that you should keep your eye out for this month. The post 3 Singapore REITs to Watch Out for in October appeared first on The Smart Investor.

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