Oversea-Chinese Banking Corporation (OCBC O39 0.33%) unveiled on July 3 its branding and strategic refresh, which includes a target to deliver an incremental $3 billion in cumulative revenue between 2023 and 2025. Analysts, however, have kept their views for now.
Singapore and India bourses’ NSE IX-SGX GIFT Connect goes live
The NSE IX-SGX GIFT Connect became fully operational on July 3, and recorded more than US$8 billion of open interest in US dollar GIFT Nifty futures and over $1 billion open interest in Nifty options ...
Taylor Swift fans caused 45% surge in UOB card applications across Southeast Asia
Taylor Swift fans across Southeast Asia have reportedly caused a "very significant surge" in UOB card applications ahead of the Singapore concert. Find out more.
Sky-High Prices Make Singapore the Costliest Luxury City, New York and Miami in Top 10
With over 5.5 million people, Singapore residents pay the highest for rent, housing, school fees, insurance, taxes on cars, and general living costs.
Singapore’s GIC, Genus Power Infra to invest $2 billion in smart meter projects
Singapore’s sovereign wealth fund GIC and Genus Power Infrastructures have agreed to set up a joint venture platform to fund smart metering projects and have committed to invest $2 billion for the ...
How This Indian-Origin CEO Has Created A Succession Dilemma At Singapore’s Largest Bank
For more than 13 years, India-born Piyush Gupta has led one of Singapore’s most iconic and biggest institutions. The 63-year-old Gupta is the CEO of DBS Bank, which has played a key role in turning ...
Singapore economy set to bottom, may spark STI re-rating
FOLLOWING a relatively strong 2022, the current year has not been a great one for the Straits Times Index (STI) so far. Read more at The Business Times.
Pirates allegedly steal scrap iron after boarding ship in Malaysian waters off Singapore
Four pirates allegedly stole some scrap iron after boarding a Malaysia-flagged tug and barge along the Singapore Strait on Tuesday morning.
Vivian Balakrishnan: Singapore has not imposed general trade embargo on Myanmar
Singapore has not imposed a general trade embargo on Myanmar as it does not want to add to the suffering of the civilian population, said the republic’s Foreign Affairs Minister Dr Vivian Balakrishnan ...
Singapore’s $2 Billion Fintech Nium Eyes US IPO in Two Years
Singapore payments company Nium Pte aims to break even in time for a US initial public offering within two years, a positive signal for Southeast Asia’s struggling startup ecosystem.
Singapore stocks fall amid weaker regional sentiment; STI down 0.1%
Across the broader market, gainers beat losers 276 to 213 after 1.2 billion shares worth $607.2 million changed hands. Read more at straitstimes.com.
Supermarket showdown: Expat reveals vast grocery price differences between Singapore and Switzerland
According to a report by ECA, a human capital firm, Singapore is the fifth most expensive city in the world for expats. From rising rental costs to inflation, even expats find the prices in the little ...
Cryptocurrency crackdown: 5 ways on how US’ war on crypto could impact S’pore and SEA
With the SEC cracking down on companies such as Binance and Coinbase, here's how regulations in the US could soon impact crypto regionally.
South Korea OKs Its First Crypto Bill Targeting Unfair Trading, Bolstering Investor Protection
South Korea has passed its first cryptocurrency bill that will advance the country's bid to protect investors in digital assets. Lawmakers have been discussing crypto-related protections in recent years,
Square Enix has officially cancelled the forever-delayed Just Cause: Mobile
Square Enix has officially cancelled Just Cause: Mobile after numerous delays and a short regional early access program.
How Singapore plans to address the threats posed by generative AI
As generative AI technology advances, here's a look at the key risks — such as data privacy and biases — which regulators need to tackle.