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Category: FINANCE

Posted on 10/08/2023

Singapore Chess Federation ex-treasurer awarded S$120,000 in defamation suit over sexual misconduct allegation

Mr Jasmin Nisban’s lawsuit arose from efforts by others to oust the chess body’s president and executive council in 2015, following a shock election result.

Posted on 10/08/2023

‘A fighting chance’: IPO-bound Mirxes on why it chose Hong Kong over Singapore

IN THE days after cancer diagnostics startup Mirxes announced it applied to Hong Kong’s stock exchange for an initial public offering (IPO), executives at the company were flooded with questions about ...

Posted on 10/08/2023

SGX RegCo revises listing rules for life sciences IPO aspirants

Mainboard life sciences IPO aspirants need not show revenue yet but are to have a market cap of at least $300 million ...

Posted on 10/08/2023

DBS Bank uncovers big data challenges with AI use – and solutions, too

The Singapore bank opens up about the hurdles it had to overcome applying artificial intelligence to its operations and why success goes beyond getting the models right.

Posted on 09/08/2023

TVS Supply Chain Solutions IPO: Latest GMP Price, Allotment Date, Stock Listing Date And Other Details

The funds generated from the IPO will be directed towards the following purposes: --Prepayment or partial repayment of outstanding borrowings obtained by the company and its subsidiaries, namely TVS ...

Posted on 09/08/2023

TVS Supply Chain IPO opens tomorrow: GMP, issue details, 10 key things to know

On Tuesday, TVS Supply Chain IPO GMP was ₹ 0. According to analysts of topsharebrokers.com, trend indicates upside and expects a strong listing. The lowest GMP is recorded at ₹ 0 while the highest GMP ...

Posted on 09/08/2023

KL-Singapore high-speed rail update

Project managers said at least 700 representatives from local and international companies attended a Ministry of Finance event.

Posted on 09/08/2023

OCBC’s new anti-scam measure upsets some users; bank clarifies only apps with risky permission settings flagged

The bank's new security feature prevents users from logging onto their Internet banking and OCBC Digital app on their phone if it detects potentially risky apps downloaded from unofficial portals.

Posted on 09/08/2023

New banking app security feature sparks customer outcry; banks say it doesn’t conduct surveillance on users’ phones

To counter malware scams, banks here are rolling out a “stronger security feature” where phone users will not be able to use their mobile banking applications or log in to their internet banking ...

Posted on 09/08/2023

DBS to boost investments, hiring in China’s Greater Bay Area

DBS Group Holdings, Southeast Asia’s largest bank, will increase investment and hiring in China’s Greater Bay Area as it expects growth in the region to outpace the rest of the country, according to ...

Posted on 09/08/2023

Half of fintech investments in SEA are from Singapore – Robocash

Indonesia comes second with $20.8b. Singapore led in terms of fintech investments amongst Southeast Asian countries with $31.3b, according to a Robocash Group analysis. Indonesia comes second with $20 ...

Posted on 09/08/2023

‘Not fair for OCBC to do this suddenly’: Customers annoyed by bank’s new security feature

A new security feature was intended to protect customers but has infuriated them instead. OCBC customers are upset that they cannot use the bank's app unless they delete other apps on their phones ...

Posted on 09/08/2023

Key Singapore bank UOB moves to cut off Myanmar

In a confidential note sent to Myanmar banks last week, United Overseas Bank said it would restrict all incoming and outgoing payments to and from Myanmar accounts, allowing funds to be moved only ...

Posted on 09/08/2023

DBS to increase investments, hiring in China’s Greater Bay Area

Business from Chinese clients at DBS' Hong Kong and Singapore operations have seen double digit growth in the last few years. Read more at straitstimes.com.

Posted on 09/08/2023

DBS CEO Piyush Gupta nets $3.4m after selling 100,000 shares in the bank

DBS Group Holdings chief executive Piyush Gupta has sold 100,000 shares in the bank, netting him around $3.4 million, according to documents filed with the Singapore Exchange on Tuesday (Aug 8). Mr ...

Posted on 09/08/2023

S’pore banks roll out new security feature to curb malware scams; no digital banking services from phones with ‘unauthorised’ apps

To counter malware scams, banks here are rolling out a “stronger security feature” where phone users will not be able to use their banking apps or log in to their internet banking accounts temporarily ...

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