Private equity firm CVC Capital Partners is considering selling its 21% stake in QSR Brands (M) Holdings Bhd after multiple attempts by the regional fast-food franchise operator for a domestic listing ...
Core inflation in Singapore to ease in second half of 2023 and end the year ‘significantly lower’: MAS
Core inflation in Singapore will remain elevated in the next few months, but should progressively ease in the second half of this year, and end the year significantly lower.
Over 100 Android users in Singapore fall prey to phishing scams since March
SINGAPORE: At least 113 Android phone users had their banking credentials stolen in phishing scams since March, with losses amounting to at least S$445,000. The police said on April 13 that the ...
CVC mulling sale of stake in QSR Brands after IPO delays, say sources
Private equity firm CVC Capital Partners is considering selling its 21% stake in QSR Brands after multiple attempts by the regional fast food franchise operator for a domestic listing, two sources ...
Over 50 IPOs seen in Southeast Asia in the first quarter
Singapore accounted for 1 IPO launch that raised US$15m. A total of 51 initial public offerings (IPOs) were launched in Southeast Asia in the first quarter, amounting to US$1.4b in proceeds, EY ...
Keep on Buying Goldman Sachs Stock, Says DBS
In fact, with a history spanning over 150 years, Singapore banking giant DBS calls this “oldie but goodie” a “world-class broker with top talent.” “Goldman has consistently occupied the top spots of ...
MAS head talks up Singapore financial stability
Through regular risk assessments and close supervisory monitoring, the MAS ensures that banks in Singapore are well-capitalized, keep healthy liquidity positions, and are underpinned by a stable and ...
Singapore to invest in new capabilities to meet sustainability targets, raise climate resilience
Sustainability and Environment Minister Grace Fu sets out her ministry's plans. Read more at straitstimes.com.
S-Reits lead Singapore stocks higher despite US recession fears
Concerns over a possible recession in the United States failed to deter local investors from sending the market higher on Thursday. Read more at straitstimes.com.
Woman jailed for allowing her bank accounts to receive money from scammers
SINGAPORE - She befriended two men online and allowed two of ... Paul offered to share the commission with Leng who agreed to receive and withdraw money with her DBS and POSB accounts. The bank ...
Masayoshi Son’s SoftBank Sells Venture Capital Arm To Younger Brother’s Singapore-Based Investment Firm
J apanese billionaire Masayoshi Son’s SoftBank Group will sell its early-stage venture capital arm SoftBank Ventures Asia to The Edgeof, a newly formed investment firm helmed by Son’s youngest brother ...
Swiss bank Julius Baer makes key appointments in Southeast Asia
SINGAPORE, April 13 (Reuters) - Zurich-based Julius Baer (BAER.S) has appointed Chin Lit Yee as its new head of South East Asia, the private bank said on Thursday. Kevin Tay will assume Yee's previous ...
Singapore ready to provide liquidity to keep financial system stable: MAS
Minister Shanmugaratnam assured that the central bank conducts annual stress tests. Singapore’s central bank is ready to provide liquidity to banks to ensure that the financial system remains stable, ...
Who is Piyush Gupta, the CEO of DBS Group who earns Rs 25 lakh per day? Know about his education, family, net worth & more
He then decided to join DBS as CEO in 2009. The CEO has a thing for books and enjoys reading. He also loves to play golf and badminton. That’s not all, he is also a bird watcher. A citizen of ...
StanChart’s VC arm invests in fintech platform BetterTradeOff
The platform will use the investment to boost its digital wealth advisory capabilities. Standard Chartered’s venture arm, SC Ventures, has invested in Singapore-based fintech SaaS platform ...
Singapore rent prices are still sky-high. Long-time expats are having to consider drastic changes
Foreign expats in Singapore continue to feel the pain as home rental prices remain high and show little signs of returning to pre-pandemic levels.