The bank’s new office measures more than 140,000 square feet with a 4,000-strong local workforce. It aims to double its wealth business in Singapore by 2025.
OCBC slashes Sats’ target price by about 30% as rights issue an ‘overhang’
Long term investors may stay invested in Sats, but Chu warns that a rights issue could weigh on its near-term share price.
Singapore’s Wong Says Xi-Biden Meet Is a Start of a Long Journey
Singapore’s prime minister-in-waiting said that the meeting between US President Joe Biden and Chinese counterpart Xi Jinping was “a good start,” but that the fundamentals between the competing ...
Singapore writes down $275 million in FTX, calls belief in Sam Bankman-Fried ‘misplaced’
Singapore has become the latest backer of crypto exchange FTX to admit being burned by its spectacular collapse.
Four Husbands in Singapore Sentenced for Drugging Their Wives, Having Each Other Rape Them to Fulfil Sick Fantasies
The husbands met each other on an online forum where they discussed having their wives raped and impregnated by other men.
Singapore’s Temasek Writes Off $275 Million Investment In Failed FTX Crypto Exchange
Singapore state-owned investment firm Temasek said Thursday it has decided to write off its $275 million investment FTX, nearly a week after the cryptocurrency exchange filed for bankruptcy.
Indian national jailed in Singapore for bank fraud
An Indian national has been jailed in Singapore for nine weeks after he committed fraud involving more than S$26,000 that was traced to three fraud victims ...
Indian National Jailed In Singapore For Withdrawing SGD 26,000 Fraud Money
A 26-year-old Indian national, who first came to Singapore in 2018 to study, was jailed for nine weeks after he pleaded guilty to three counts of dealing with the benefits of criminal conduct, ...
OCBC Securities accelerates digitalisation efforts with refreshed iOCBC platform
Leading local brokerage firm OCBC Securities is highly aware of this and is rolling out a single app for users to do all their investing and banking needs. As part of its continual efforts to keep its ...
Singapore’s exports fall 5.6% in October; first decline in nearly 2 years
SINGAPORE: Singapore’s non-oil domestic exports (NODX) fell by 5.6 per cent in October from a high base a year ago, the first time exports have declined in nearly two years. The last time export ...
Manhattan Associates Makes Top 10 in the 2022 Singapore Best Workplaces in Technology List
Manhattan Associates has been ranked number nine by Singapore's Best Workplaces™ in Technology list. In total 33 workplaces over four different categories, micro, small, media and large, have been ...
Microsoft ‘ecosystem’ to create 86,000 jobs in Singapore by 2026 as skills, sustainability initiatives launched
SINGAPORE: More than 86,000 new jobs will be created by Microsoft, its ecosystem of partners and customers in Singapore by 2026, of which more than 50,000 will be skilled IT jobs. Microsoft announced ...
Singapore’s Hell’s Museum demystifies death — with a smile
Singapore's Haw Par Villa is a sprawling complex of sculptures and exhibits focused on Buddhist beliefs. Its 10 Courts of Hell has finally been recognized as the star of the show and is the main ...
Singapore’s Temasek writes down $275M investment in FTX
FTX’s investors are continuing to deal with the fallout from the cryptocurrency’s bankruptcy. In a statement today, Temasek, the investment firm owned by Singapore’s government, said it write down its ...
Floods isolate Australian wheatbelt towns; Singapore joins rescue efforts
Hundreds of properties in Australia's southeast, scrubbed and cleaned two weeks ago after major flooding, were inundated again on Thursday as officials issued fresh evacuation orders while Singaporean ...
Singapore minister says country won’t take sides as there’s no win-win scenario in fractured world
Singapore won't take sides in geopolitical conflicts and will ... as any kind of fracture would make individual countries "suboptimal" and suffer economically. related investing news China is easing ...