SINGAPORE: DBS Holdings Group Ltd cut chief executive officer Piyush Gupta’s total 2020 compensation by 24% after South-East Asia’s largest lender posted its first annual drop in profit for four years ... ( read original story ...)
Biggest Singapore bank DBS cuts CEO pay after virus hits profit
DBS Holdings Group Ltd cut Chief Executive Officer Piyush Gupta’s total 2020 compensation by 24% after Singapore’s largest lender posted its first annual drop in profit for four years.The bank slashed ... ( read original story ...)
SGX set to see more IPOs this year, say experts
The Covid-19 pandemic has hit firms in many industries but also presented new opportunities to flourish for those in growth sectors.. Read more at straitstimes.com. ( read original story ...)
Singapore: Domestic demand could improve in H2 2021 – UOB
The resurgence of COVID-19 cases globally, coupled with the new contagious strains seen to-date, may mean that international travel could stay weak for a prolonged period… However, we think that the ... ( read original story ...)
Security guard dishonestly used S$200,000 that was transferred to his bank accounts, gets jail
SINGAPORE: Out of the blue, a security officer began receiving sums of money in his bank accounts totalling about S$200,000. Despite not knowing ... ( read original story ...)
Gender Equality: 6 Singapore Companies Leading The Way And How They Did It (According To The Bloomberg Gender Equality Index)
DBS tops the ASEAN region on the Bloomberg Gender Equality Index The post Gender Equality: 6 Singapore Companies Leading The Way And How They Did It (According To The Bloomberg Gender Equality Index) ... ( read original story ...)
Grab Rival Ryde Appoints Financial Adviser for Singapore IPO
Ryde Technologies Pte, a ride-hailing service provider in Singapore, hired local investment bank SAC Capital to advise on its plan for an initial public offering in 2022. ( read original story ...)
S’pore Ride-Hailing Startup Ryde Plans To IPO On SGX In 2022, Targeting A S$200M Valuation
Ryde is targeting a S$200 million valuation through a listing on Catalist and intends to hire 100 more staff by 2023. The post S’pore Ride-Hailing Startup Ryde Plans To IPO On SGX In 2022, Targeting A ... ( read original story ...)
Ryde to launch $200m IPO
Singapore riding app Ryde is preparing to launch a $200m valuation through an initial public offering (IPO) slated for 2022. The IPO will be listed through SGX’s Catalist. The company has appointed ... ( read original story ...)
Futu launches moomoo, an intuitive and technologically immersive, one-stop investment platform in Singapore
Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU) announced the official launch of its one-stop investment platform, moomoo, in Singapore today. In tandem with the Company's second ... ( read original story ...)
Shareable Asset, a leading asset digitalization platform in Singapore, makes leadership change
Shareable Asset, one of the few MAS licensed asset digitalization platforms, has appointed its new CEO. Michael Chin, formerly CEO of UBS Asset Management Singapore, joins as CEO effective Mar 5, 2021 ... ( read original story ...)
Standard Chartered Singapore Marathon celebrates International Women’s Day with virtual club launch
SINGAPORE - To commemorate this year's International Women's Day, the Standard Chartered Singapore Marathon (SCSM) will be organising a series of virtual races, challenges, workshops and sharing ... ( read original story ...)
DBS exec says ‘hopeful’ that fiscal spending will benefit the real economy
Governments are realizing that they have to bring money to the businesses and individuals that are hurting the most, says Tan Su Shan of Singapore's DBS bank. ( read original story ...)
CORRECTED-EMERGING MARKETS-Asian stocks broadly firm on U.S. stimulus, Singapore and Malaysia outperform
Shares in Taiwan, India and Thailand were higher, as upbeat Chinese exports data also underpinned appetite for risk. Asia's emerging currencies, however, came under pressure as the dollar firmed on ... ( read original story ...)
DBS CEO Piyush Gupta’s 2020 pay falls 24% to $9.18m as Covid-19 bites
Mr Gupta's 2020 pay consisted of a slashed cash bonus of $3.41 million, shares worth $4.51m and a salary base of $1.2m. . Read more at straitstimes.com. ( read original story ...)
Ryde targets $200m Catalist IPO in 2022; to add 100 staff
Singapore-based ride-hailing platform Ryde is eyeing an initial public offering (IPO) on the Singapore Exchange's Catalist board in 2022, with a targeted valuation of $200 million, the firm announced ... ( read original story ...)