At closing bell, the Straits Times Index (STI) index was down 13.24 points, or 0.42%, to 3,142.91 after trading between 3,138.22 and 3,165.33. Volume of 1.39 billion shares worth S$1.09 billion ...
Singapore stocks decline on news of higher-than-expected drop in China’s CPI
SINGAPORE shares finished lower on Thursday (Feb 8), as investors assessed China’s falling consumer prices ahead of a half-day trading session for the eve of Chinese New Year. Read more at The ...
Singapore Institute of Advanced Medicine Holdings aims to list on Catalist to better help cancer patients
The public tranche will close on Feb 14, 12pm, while shares in SAM Holdings will be traded on the Catalist board of SGX on Feb 16. The group is set to raise gross proceeds amounting to $26.2 million ...
Human touch remains crucial in tech-transformed business future: HSBC
Eight in 10 firms particularly value human touch in corporate banking. In an era where artificial intelligence and other technologies are revolutionising industries and redefining business landscapes, ...
Singapore aims for 40% more mental health experts by 2030
They plan to add 900 more GP clinics in six years’ time. Singapore is targeting to raise the number of its public sector psychiatrists and psychologists by up to 40% by 2030. The country is also ...
Singapore’s Biggest Bank Cuts CEO’s Pay By Millions on Digital Banking Outage
DBS Group Holdings Limited's fourth-quarter profit came in short of analyst expectations amid signs of pressure on margins. And while 2023 results hit a record, Chief Executive Officer Piyush Gupta's ...
Money laundering accused charged with submitting forged documents to cheat StanChart, Bank of Singapore
VANUATU passport holder Su Jianfeng, one of the 10 accused in Singapore’s largest money laundering case, was on Thursday (Feb 8) handed two new charges for submitting forged documents to two financial ...
DBS board holds CEO Piyush Gupta accountable for digital disruptions, cuts pay by 30%
Singapore's DBS Group on Wednesday announced to cut the variable pay of its management, including CEO Piyush Gupta, holding them accountable for the digital disruptions suffered in 2023. CEO Piyush ...
Piyush Gupta must act fast to cement his legacy at DBS
Under Mr Gupta, DBS has always aspired to be less of a bank, and more of a technology powerhouse. Read more at straitstimes.com.
Singapore wealth fund shuffles leadership, names COO
Singapore’s sovereign wealth fund GIC Pte. reshuffled the roles of some senior executives as part of a broader leadership overhaul.
BIZ BUZZ: IPO curtain-raiser rethinks timing
It’s no secret that the market is looking at tycoon Edgar Saavedra’s Citicore Renewable Energy to jumpstart an initial public offering (IPO) revival in 2024. Given its size of P12.9 billion, that one ...
2 new charges for money laundering accused who allegedly submitted forged documents to banks
SINGAPORE - Su Jianfeng, one of the 10 accused in Singapore’s largest money laundering case, was handed two new charges on Feb 8. Su, 35, a Vanuatu national who is originally from China, According to ...
About 500 mourners bid final farewell to Singapore banking tycoon Wee Cho Yaw
To some people, the late Wee Cho Yaw, former chairman and chief executive officer of United Overseas Bank (UOB) was intimidating, but its head of ...
The Singapore banker who tried to be Gandalf is now running out of time
Trouble is, after more than 14 years leading DBS, the wizard of Asian banking is running out of time: Succession is on the horizon ...
Singapore’s sovereign wealth fund GIC appoints Sam Kim new COO, amid senior leadership reshuffling
GIC reshuffled the roles of some senior executives as part of a broader leadership overhaul, as current deputy chief operating officer Sam Kim will be appointed as COO.
21% of Singapore NRIs are influenced by global trends in investments, survey reveals
India has become a desirable investment location for NRIs. Conservative risk tolerance is favoured by approximately 4% of NRIs based in the UK. The survey reveals that only 1% of NRIs from Canada, the ...