Bitstamp describes itself as the "first crypto exchange with major European Union (EU) presence to secure in-principle approval in Singapore." ...
EFG Singapore names GSA, Greater China heads
Swiss-headquartered EFG Bank has appointed Ravi Ramakrishnan as EFG Singapore branch’s market group head covering the Global South Asia (GSA) market and Alex See as market group head at Greater China ...
Bitstamp receives in-principle approval from MAS, hopes to soon offer crypto services to individuals and institutions
This news comes on the back of the city-state proposing to tighten rules for retail crypto trading last November.
Crypto exchange Bitstamp gets MAS’ in-principle nod for major payment institution licence
Bitstamp can look to offer digital asset services in Singapore, selected countries in the region. Read more at straitstimes.com.
Ryde announces IPO in the US, but the journey may be far from easy
An IPO listing might be a successful milestone for many startups, but Ryde's case may hint that the move is their last resort.
Lured by ‘profits’ from crypto investment, 63-year-old gives scammers over RM882,000
Tempted by the promise of easy money from a cryptocurrency investment scheme, a 63-year-old man was convinced by a woman who added him on Facebook to part with more than S$250,000 (RM882,501).
Singapore Stock Market Poised To Extend Losing Streak
(RTTNews) - The Singapore stock market has moved lower in three straight sessions, slipping almost 35 points or 1.1 percent along the way. The Straits Times Index now sits just beneath the 3,110-point ...
Singaporean bank DBS CEO Gupta’s total pay dropped 27% to $8.3 mln in 2023
Piyush Gupta, CEO of Singapore's biggest bank DBS Group and one of the highest paid CEOs in the city-state, saw his total compensation dropped 27.3% for 2023, according to the lender's annual report ...
BDx acquires data center freehold in Singapore – report
BDx has reportedly acquired a data center building in Singapore. Citing sources familiar with the transaction, local press including Singapore Business Times and Mingtiandi report Hwa Hong Corp has ... ( read original story ...)
Singaporean bank DBS grows sustainable financing by 37% to $52.1 billion in 2023
Singapore's biggest bank DBS Group has grown its sustainable financing commitments, net of repayments, by 37.3% to 70 billion Singapore dollars ($52.10 billion) as of end-December, from S$51 billion ...
DBS Cuts CEO’s Pay Package in Record Year Marred by Glitches
DBS Group Holdings Ltd. cut Chief Executive Officer Piyush Gupta’s variable pay components in a year which saw disruptions in the bank’s digital services rub some shine off its record profit.
DBS thermal coal exposure down 33% from 2021, ‘on track’ to green five out of seven sectors: 2023 sustainability report
DBS’s sustainable financing commitments, net of repayments, stood at about $70 billion at end-2023, up from $51 billion in 2022.
DBS’s sustainable financing commitments reach $70 billion
The bank also facilitated close to $18 billion of environmental, social and governance bond issuances. Read more at straitstimes.com.
DBS CEO Piyush Gupta’s FY2023 pay cut by 27% despite record earnings
DBS Group Holdings CEO Piyush Gupta has seen his FY2023 pay cut by around 27%, even as the bank reported record earnings of more than $10 billion. For FY2023, he received a total remuneration package ...
Agoda partners with DBS and launches new rewards points redemption feature
SINGAPORE, March 6, 2024 /PRNewswire/ -- Digital travel platform Agoda has announced its partnership with DBS, a leading financial services group, to offer a new reward points redemption system ...
Singapore Customs warns of new e-mail impersonation scam
SINGAPORE - Singapore Customs has warned the public of the emergence of a recent variant of an e-mail impersonation scam. In a Facebook post on March 4, Singapore Customs said these e-mails claim to ...