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 ...
Taylor Swift struck a deal with Singapore not to perform in any other Southeast Asian country
Singapore’s Prime Minister defended an exclusive deal with Taylor Swift that prevents taking her Eras Tour to anywhere else in Southeast Asia.
Commentary: Singapore is wide open for business, but not for foreign interference
SINGAPORE: In a move that has captured the attention of business leaders in Singapore - especially those with substantial dealings overseas - a Singapore businessman, Mr Philip Chan Man Ping, was last ...
German military meeting was tapped by Russia in ‘chance hit’ after officer used unsecured line in Singapore hotel
A leaked audio tape featuring four officers discussing arms for Ukraine happened after one member did not adhere to the ‘secure dialling procedure’, Germany’s defence minister said.
Air India-Vistara merger gets Singapore’s conditional approval
Singapore's competition watchdog said on Tuesday it has granted conditional approval for the merger between Tata Group's Air India and Vistara, a joint venture between Tata and Singapore Airlines .
Singapore’s Temasek in Talks to Invest in OpenAI Amid Its $5T AI Chip Project
Singapore state-owned investment firm Temasek Holdings is reportedly in talks to invest in OpenAI, the AI development firm behind ChatGPT. Financial Times reported Tuesday, citing sources that said ...
How Shein’s US IPO Became Endangered by China Rift
US investors are facing the growing risk of losing out on Shein’s potentially huge initial public offering, as the fast-fashion giant with Chinese roots considers holding it in London instead.
Chinese fast fashion brand Shein could have its wings clipped before it IPOs as France mulls 50% tariff and U.K. retailers call for closure of tax loophole
French lawmakers want to tax fast fashion's environmental harms, while U.K. retailers want the government to close Shein's parcel loophole.
Olam Group’s Singapore-Saudi dual IPO plan for agri unit delayed again
Olam Group said the delay was due to the regulatory framework still being finalised in Saudi Arabia to enable the listing of foreign companies.
Dubai’s Parkin sets IPO price range of up to 2.1 dirhams per share
DUBAI, March 5 (Reuters) - Dubai's Parkin, which oversees public parking operations in the emirate, has set the price for its planned initial public offering (IPO) at 2 to 2.1 dirhams ... from top ...