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Posted on 09/03/2023

Citi Joins Foreign Banks Scaling Down India Operations Under Global Strategy

Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Mumbai-based Axis Bank completed acquisition of Citigroup's consumer business for Rs 11,603 ...

Posted on 09/03/2023

Standard Chartered to set absolute reduction targets for oil and gas lending in coming AGM: CSO

StanChart to set a new absolute reduction target for oil and gas lending in coming AGM to better reflect the bank's progress in reducing financed emissions ...

Posted on 09/03/2023

Singapore to host Asian Water Polo Championships in March, featuring the continent’s top teams

The tournament will bring in powerhouses such as China and Kazakhstan to compete alongside South-east Asian teams like Thailand and Singapore. Read more at straitstimes.com.

Posted on 09/03/2023

Singapore’s Hawkers Raise Prices for First Time in 40 Years

Many of Singapore's renowned hawkers are raising prices for the first time in forty years due to global inflation.

Posted on 09/03/2023

Woman spotted operating illegal mobile petrol station in Tampines, allegedly drives a Porsche

A video of a mobile petrol station at Tampines Avenue 9 has recently surfaced on the Internet, sparking heated discussions among netizens regarding its legality. The two-minute long video, uploaded by ...

Posted on 09/03/2023

5 industries that have been opening up to women in Singapore

US$20 billion (S$27 billion) — that's how much GDP McKinsey & Company estimated Singapore could gain each year if we advanced our gender equality at the same rate as the world's best performer, Norway ...

Posted on 09/03/2023

Share Market outlook today: Nifty, Bank Nifty may remain volatile on F&O expiry; check support, resistance

Domestic equity indices may remain volatile on weekly F&O expiry. The Nifty futures on the Singapore Exchange (SGX) were trading 3 pts or 0.02% higher at 17,803.00 in the early morning trade. Asian ...

Posted on 09/03/2023

DBS chief Gupta’s pay climbs 13% to S$15.4 million as bank profit soars

SINGAPORE — DBS Group Chief Executive Piyush Gupta earned ... That included a cash bonus of S$5.8 million, his salary of S$1.5 million as well as deferred pay, the Singaporean bank's latest annual ...

Posted on 09/03/2023

DBS chief Gupta’s earnings climb 13% to $11.4 million

DBS Group Chief Executive Piyush Gupta earned S$15.4 million ($11.4 million) in 2022, a 13 per cent increase in what was a banner year for Southeast Asia's biggest lender.That included a cash bonus of ...

Posted on 09/03/2023

DBS CEO Piyush Gupta’s salary grew by 13.3% y-o-y to S$15.38 mil in FY2022 following ‘breakout year’

Piyush Gupta, the CEO of DBS Group Holdings, has received a 13.3% year-on-year (y-o-y) pay increment to S$15.38 million in FY2022. The total package includes a cash bonus of S$5.8 million and a ...

Posted on 09/03/2023

Global Rate Hike Cycle Has ‘Ways to Go,’ Singapore’s Menon Says

While central banks have slowed the pace of tightening, more interest-rate increases loom as inflation hovers above targets across the world, according to the head of the Monetary Authority of ...

Posted on 09/03/2023

Daily Cuts – S1E167: Unpacking the White Paper on Singapore’s COVID-19 response

The Singapore government recently published a White Paper on their COVID-19 pandemic response. It spelled out what went well, what could have been better as well as the lessons to learn. CNA938's ...

Posted on 09/03/2023

Singapore keen to play peacemaker as US-China tensions rise

SINGAPORE: Top trade official in Singapore said the city-state is willing to facilitate a dialogue between the United States and China to repair their relationship, as he described growing tensions ...

Posted on 09/03/2023

DBS CEO’s 2022 pay up 13% to $11.36 million after bank’s record performance

Piyush Gupta, the chief executive of Southeast Asia's biggest lender DBS Group, earned S$15.38 million ($11.36 million) in remuneration in 2022 in a banner year for the bank.The remuneration was 13.3 ...

Posted on 09/03/2023

DBS CEO Gupta’s Total Pay Last Year Rises to $11.4 Million

DBS Group Holdings Ltd. raised Chief Executive Officer Piyush Gupta’s total remuneration for 2022 by about 13% after its fourth-quarter profit topped estimates on lending gains. Most Read from ...

Posted on 09/03/2023

How Singapore’s crypto ambitions are taking shape and what other nations can learn

Unique in the world, Singapore is a big investor and player in digital assets while advancing regulations that favor institutions over individual crypto users, writes Danny Chong of Tranchess.

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