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Posted on 29/05/2024

OCBC doubles down on Greater China growth, aims to invest HK$1.5 billion into its tech and facilities in the region

OCBC is banking on China’s improving economic condition and resultant positive spillovers into Asia as key growth drivers, as it plans further investments into its services across the Greater China ...

Posted on 29/05/2024

OCBC to invest HK$1.5 bil into tech and facilities across Greater China, hire 300 software engineers in China

In addition, Bank of Singapore’s Hong Kong branch aims to grow AUM by 50% by 2026, compared to end-2023 figures.

Posted on 29/05/2024

Hong Kong second-largest contributor to OCBC’s sustainable loan commitments after S’pore

OCBC group CEO Helen Wong stated last May that she will not raise the bank’s sustainable finance loan commitment target further.

Posted on 29/05/2024

BlackRock’s US$20-billion ETF is now the world’s largest bitcoin fund, dethroning Grayscale’s rival crypto trust

BlackRock’s iShares Bitcoin Trust has attracted the greatest inflow, totalling US$16.5 billion, among nine spot bitcoin exchange-traded funds that went live in the United States in January.

Posted on 29/05/2024

Sebi Eases IPO Regulations for Entrepreneurs

Sebi has introduced changes to ease the IPO process, focusing on offer size criteria and flexibility for promoter contributions. Amendments include counting equity shares from convertible securities ...

Posted on 29/05/2024

Haidilao Restaurant Operator Super Hi Prices US IPO at $19.56 Per Share

(Reuters) - Super Hi International, which operates Chinese hotpot restaurant chain Haidilao in the overseas market, on Thursday priced its initial public offering in the United States at $19.56 per ...

Posted on 29/05/2024

Singapore man faces 7 years in prison for making 30 bomb hoax calls to DBS Bank

The Singapore Police Force arrested the man within hours of getting a complaint from DBS; the accused is being charged in court.

Posted on 29/05/2024

The Singapore model: What CEE and the world can learn

By adapting elements of the Singapore model to their own contexts, CEE countries can achieve sustainable development, foster inclusive growth, and improve the well-being of their citizens. The story ...

Posted on 29/05/2024

Lentor Mansion, Lentoria, and More: Top 10 Best-selling Non-landed Private Property in Singapore (Q1 2024)

ProductCTA] For more property news, content and resources, check out PropertyGuru’s guides section. Looking for a new home? Head to PropertyGuru to browse the top properties for sale in Singapore. ( read original story ...)

Posted on 29/05/2024

SGX listing aspirant AvePoint: Helping firms build resilient data infrastructure for AI

Unlocking the power of AI calls for a comprehensive data strategy that will accurately analyse, govern and classify data.

Posted on 29/05/2024

$3b money laundering case: Su Jianfeng handed 2 new charges, faces 14 in total

Su was handed six forgery charges on May 16, which accused him of submitting a number of property sales contracts to two banks, knowing they were false. This was allegedly to deceive the banks into ...

Posted on 29/05/2024

Seatrium reports net order book of S$25.8B in 1QFY2024; S$11.4B in order year-to-date

SINGAPORE: Seatrium Limited, a global provider of engineering solutions to the offshore, marine, and energy industries, reported a net book order of S$25.8 billion in its business update for the first ...

Posted on 29/05/2024

Man charged with making bomb threats during multiple calls with DBS

A 34-year-old man was charged in court on Wednesday (May 29) after he allegedly made bomb threats during multiple calls to DBS Bank.

Posted on 29/05/2024

Malaysia: Vehicles from Singapore will need entry permits to visit the country from October

SINGAPORE: Malaysia’s Transport Minister Anthony Loke said on Tuesday (May 28) that, beginning on Oct 1, 2024, all foreign-registered vehicles entering Malaysia from Singapore must have vehicle entry ...

Posted on 29/05/2024

Singapore stocks open lower on Wednesday—STI dropped by 0.1%

SINGAPORE: Singapore stocks opened lower on Wednesday, May 29, following mixed results from US markets overnight. The Business Times reported that the Straits Times Index (STI) dropped by 0.1%, losing ...

Posted on 29/05/2024

BJP photo shows Singapore metro, not India railway expansion

Indian Prime Minister Narendra Modi has vowed to push ahead with the country's railway expansion if he wins a third term in national elections. However, a photo shared online by local branches of his party does not show evidence of rail developments.

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