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Category: FINANCE

Posted on 10/03/2023

World’s Best Players Arrive in Singapore for 15th Edition of HSBC Women’s World Championship

Kee Joo Wong, CEO HSBC Singapore said: “HSBC is committed to opening up a world of opportunity for women in sport and to bringing the best of the world to Singapore. We are thrilled with the ...

Posted on 10/03/2023

Best Savings Accounts in Singapore with Highest Interest Rates (2023)

So far, 2023 is shaping up to be pretty hard on our bank accounts. Between inflation and an impending recession, it looks like our wallets are going to take quite a hit this year, even with the cash ...

Posted on 10/03/2023

HCMC calls for more Singaporean investment

Ho Chi Minh City is calling on Singapore to invest in several major infrastructure projects worth billions of U.S. dollars, including highways, ring roads and metro lines.

Posted on 10/03/2023

Global markets spooked by troubled US start-up bank, Singapore stock index closes down 1.2%

Japan index fell 1.5% to a two-month low, with banks and Hong Kong tech stocks leading losses. Read more at straitstimes.com.

Posted on 10/03/2023

Tungray Technologies Plans IPO of 2.5 Million Shares at $4-$6 Each

By Colin Kellaher Tungray Technologies Inc., a Singapore-based provider of customized industrial manufacturing solutions, on Friday filed with the ...

Posted on 10/03/2023

UOB’s Jacquelyn Tan on triumphing over expectations, biases to succeed in the banking industry

Tan shares how she leads 7,000 people across the region and her thoughts on women in banking. Unspoken expectations and unconscious biases often weigh down on women building up a career for themselves ...

Posted on 10/03/2023

Indian-origin teen charged for cheating bank in Singapore

An Indian-origin teen in Singapore was charged on Friday with one count of cheating and one count of abetting an unknown person to secure unauthorised access to a bank's computer system. Mathana Raaj ...

Posted on 10/03/2023

UOB Kay Hian downgrades BRC Asia to ‘hold’ following ‘weak’ 1QFY2023 results from ongoing headwinds

BRC’s revenue and net profit for the 1QFY2023 ended Dec 31, 2022, stood below their expectations. BRC’s net profit for the quarter stood 12.2% lower y-o-y at $11.7 million and at 13.1% of Tan and ...

Posted on 10/03/2023

DBS chief Piyush Gupta’s pay climbs 13% to S$15.4 million as bank profit soars

SINGAPORE: DBS Group chief executive Piyush Gupta earned S$15.4 million in 2022, a 13 per cent increase in what was a banner year for Southeast Asia's biggest lender. That included a cash bonus of S$5 ...

Posted on 10/03/2023

HCMC calls for Singapore investment in major projects

HCMC called on Singaporean investors to invest in the city’s priority projects such as HCMC – Moc Bai Expressway, Beltway No. 4, and Metro line 3A-3B-4, reported the local media. At a conference on in ...

Posted on 10/03/2023

Assistant finance manager who was deep in debt admits to stealing $5m belonging to firm

SINGAPORE - An assistant finance manager who was heavily in debt began misappropriating money belonging to his firm. Read more at straitstimes.com.

Posted on 10/03/2023

After year of injury, emotional Ko Jin-young defends HSBC Women’s World Championship title

It was a long week and an even longer year, but Ko Jin-young is a champion once again. Almost a year to the day since her record-shattering victory at the HSBC Women’s World Championship, the South ...

Posted on 10/03/2023

Sebas acquires former Citibank site near UOB

THE FORMER Citibank property on University Drive has been renamed in honour of the father of its new owner - Island Luck chief, Sebas Bastian. The building, which houses a Scotiabank branch ...

Posted on 10/03/2023

Indonesia targets $66b in foreign investment for 2023, up 7.5% from 2022

Indonesia, South-east Asia’s largest economy, is targeting nearly US$49 billion (S$66.2 billion) in foreign direct investment (FDI) this year, about a 7.5 per cent increase over inflows for 2022, said ...

Posted on 10/03/2023

Singapore’s Keppel aims to invest in Vietnam amid ‘China plus one’ shift

The Keppel Corporation in Singapore is tapping emerging markets such as Vietnam for growth. Vietnam is emerging as a manufacturing hub for investors who are looking to diversify from China. Loh Chin ...

Posted on 10/03/2023

Asia markets spooked by troubled US start-up bank, Singapore stock index down 0.8%

Asia stocks fell after a US Silicon Valley start-up lender unleashed fears of broader banking-system stress. Read more at straitstimes.com.

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