New facility will be fitted with sustainable features such as liquid-cooling capabilities. Read more at straitstimes.com.
Singapore’s largest money laundering crackdown: 15 foreign nationals surrender $1.85 billion in assets
SINGAPORE: 15 of the 17 foreign nationals who fled Singapore amid the investigation into one of the country’s largest-ever money laundering cases have agreed to return a staggering S$1.85 billion ...
DBS’ group head of data, AI, and customer experience on ‘human’ AI in banking
Nimish Panchmatia says that AI is transforming banking, shifting the focus from transactional efficiency to a more human-centred approach that considers the long-term impacts on people and society.
Singapore’s IPO market set to grow with strong REIT sector in 2025
Due to the city’s strong framework and reliable income-generating market. Singapore’s IPO market is expected to grow robustly in 2025, particularly in the real investment estate trust (REIT) sector, ...
3 Singapore blue-chip stocks to add to your buy watchlist for their growing profits
STI climbed 1% The bank’s fee income rose due to higher wealth demand and a pick-up in credit card spending. Looking ahead, UOB is optimistic for 2025, expecting high single-digit loan growth and ...
Channelling CPF balances to invest in local equities can help lift Singapore market: Morgan Stanley
To secure buy-in from the industry ecosystem, Morgan Stanley suggests that the CPF balances to be channelled to local equities be allocated to “established local fund managers” to manage.
US$34 billion asset manager plans to hire in Singapore for climate finance
Mirova, which manages assets worth about US$34 billion, plans to expand in Asia to tap the region’s growing pool of energy transition-related investments. Read more at The Business Times.
Singapore Tycoon Loses Suit Against HSBC, Sentenced To Prison On Forgery Charges
The judgement is in relation to the high-profile demise of Singapore commodity trading business, Hin Leong Trade Pte Ltd., which in 2021 shut down after failing to restructure $4 billion in debt.
Best Bank Offers in Singapore (Nov 2024): Win 1,500 ION+ Points, Get 10% Off Flights, And More
Everybody loves credit card sign-up promotions, but not many of us realise the promotions don’t end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning ...
Singapore stocks to benefit from MAS reforms next year, Morgan Stanley says
Singapore Exchange, UOB, Singtel, Sembcorp Industries and CapitaLand Investment are part of Morgan Stanley’s Singapore focus list. Goldman Sachs upgraded Singapore stocks to “market weight” earlier ...
3 Reliable Singapore REITs Yielding 4.2% and Higher That Could Potentially Raise Their DPUs
In the past two years, REITs have suffered as surging interest rates and elevated inflation crimped their distributable income.
$34 Billion Asset Manager Plans to Hire in Singapore for Climate Finance
We apologize, but this video has failed to load. The Paris-based unit of Natixis Investment Managers is considering making hires in Singapore for its blended finance, green bonds and multi-thematic ...
Equinix to build 6th Singapore data centre with US$260 million investment
DATA centre operator Equinix is building a sixth data centre in Singapore with an initial investment of US$260 million, the Nasdaq-listed firm said on Tuesday (Nov 19). Read more at The Business Times ...
Southeast Asia raises only US$3 bil in total IPO capital so far in 2024, lowest in nine years: Deloitte
In the first 10 and a half months this year, IPO capital markets in Southeast Asia saw 122 IPOs, a decline compared to 2023.
NTPC Green Energy IPO Live: NTPC Green Energy IPO opens for subscription. Should you invest?
NTPC Green Energy Ltd (NGEL), a wholly owned subsidiary of NTPC Ltd, kept IPO issue price at the range of Rs 102-108 per share, with a lot size of 138 shares. The company is offering fresh equities to ...
SCB Wins Most Powerful Brand of
The Most Powerful Brands of Thailand 2024 award underscores SCB's position as a trusted and influential brand among Thai consumers. Evaluated across key metrics such as brand awareness, preference, ...