SINGAPORE] As OCBC makes a conditional exit offer of S$900 million at S$30.15 per share to Great Eastern Holdings’ (GEH’s) shareholders, The Business Times takes a look at the background to the deal.
Best credit card promotions in Singapore (June 2025): Citibank, DBS, HSBC, UOB and more
This June, sign up for a credit card and you could walk away with welcome gifts like: Clearly, we're spoilt for choice — banks in Singapore are competing so hard for new credit card customers that ...
Singapore’s Crypto Crackdown Ends Loopholes for Unlicensed Firms
Singapore crypto regulations now require all firms to be licensed, ending loopholes and pushing unlicensed companies to seek compliance or leave the market.
Standard Chartered Bank boosts Bonus$aver maximum interest rate to 8.05%, bucking savings interest rate trend
SINGAPORE: Standard Chartered Bank is going against the downward trend in savings interest rates in the city-state by raising its maximum rate for its Bonus$aver savings account to 8.05% per year. The ...
Best fixed deposit rates in Singapore (June 2025): Minimum deposits from $500, rates up to 2.45%
If you think that fixed deposits are only for conservative cash — rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays ...
Shane Jones Heads to Singapore to Promote NZ Oil and Gas Sector at Major Forum
As a fierce champion for New Zealand’s oil and gas sector, this is a unique opportunity to promote our country as a compelling investment destination,” said Jones.
Singapore and the US still in early stages of tariff negotiations, says Vivian Balakrishnan
Dr Balakrishnan said both sides reaffirmed strong and stable bilateral relationship during his Washington visit. Read more at straitstimes.com. Read more at straitstimes.com.
Thakral associate GemLife considering IPO on Australian bourse
In its June 6 announcement, GemLife said is in “advanced discussions” with potential underwriters for the proposed IPO.
Thakral’s associate GemLife in advanced talks to IPO on Australian exchange via stapled securities
SINGAPORE] Property investor Thakral Corp’s associate GemLife is considering an initial public offering (IPO) on the Australian Securities Exchange (ASX) in the form of stapled securities. Read more ...
New OCBC offer for Great Eastern more attractive but fate lies in hands of significant minority shareholders: analysts
SINGAPORE] OCBC’s latest exit offer for Great Eastern is more attractive than its initial privatisation bid, but it still remains to be seen if the insurer will be delisted, given that the decision ...
Great Eastern shareholders to vote for delisting or trading resumption; OCBC makes $30.15 exit offer
Trading of Great Eastern’s shares has been suspended since July 2024. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore wealth fund Temasek taps former deputy prime minister as next chair
Teo Chee Hean, former deputy prime minister of Singapore, was named as deputy chair of Temasek, and will become chair of the S$389 billion ($299.5 billion) sovereign wealth fund in October.
HSBC chair Mark Tucker to return to Asia insurer AIA after overseeing bank overhaul
He served as AIA chief executive and president between 2010 and 2017, and will return as chairman on Oct 1. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore plans to take global trade and logistics to a new frontier
With its optimal infrastructure and connectivity, the city state has established itself as a global hub that remains agile as supply chains continue to evolve ...
OCBC may outperform in near term following removal of GEH overhang: Citi
Even though analyst Tan Yong Hong is remaining “neutral” on Singapore banks, he has opened a “short-term positive view” on OCBC in anticipation of “rotation within the sector”.
How and Where to Invest Your First $100K in Singapore – Your Step-by-Step Guide
Stocks, bonds, cash solutions and diversified portfolios—here are a few smart ways to grow your first big sum in Singapore. Hitting your first $100,000 is a major financial milestone. Whether it came ...