Reebelo, the Singapore-headquartered operator of a marketplace for refurbished electronics products, has launched in New Zealand just months after making its Australian debut. ( read original story ...)
Will the Darktrace IPO race out of the blocks?
UK cyber security company Darktrace has announced its intention to list in London in the coming weeks. Read our preview. ( read original story ...)
Singapore’s largest bank aims for zero thermal coal exposure by 2039
Piyush Gupta, chief executive of Singapore's DBS Group Holdings, says the bank will immediately stop taking on new clients that derive more than 25% of their revenue from thermal coal. ( read original story ...)
CEO of major Asian bank shares the difficulty in detecting ‘greenwashing’ among clients
Piyush Gupta of Singapore's DBS Group Holdings says the bank in many instances relies on clients to disclose their activity, and employ third-party auditors to check on customers. Got a confidential ... ( read original story ...)
Exclusive: Grab considering secondary Singapore listing after U.S. SPAC merger – sources
Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger, ... ( read original story ...)
Singapore activist crowdfunds $108,000 to pay PM libel damages
A Singaporean activist has raised $108,000 he owes Prime Minister Lee Hsien Loong in defamation damages, the second time this month a government critic turned to the public to fund payments to the ... ( read original story ...)
Northern Trust to set up electronic foreign exchange pricing engine in Singapore
Northern Trust has announced that it will set up a new electronic foreign exchange (eFX) pricing engine in Singapore, in partnership with the Monetary Authority of Singapore (MAS). According to a ... ( read original story ...)
World Economic Forum’s Singapore event likely to use multiple central hotels
The World Economic Forum’s marquee event in Singapore this August will likely be held in a dedicated event zone in the city-state’s central area that could include the Marina Bay Sands complex and two ... ( read original story ...)
Light at the end of the tunnel? Singapore to maintain 5.8% GDP growth forecast
The threat of of COVID-19 variants attacking key trading partners may still weaken recovery, advises Fitch. Singapore continues to recover from its 5.2% contraction in 2020, as Fitch Solutions ... ( read original story ...)
Singapore Air to Stop Flying Transit Passengers to Hong Kong
Singapore Airlines Ltd. will stop flying transit passengers through Hong Kong from Saturday and budget unit Scoot will suspend transit flights from the end of April following a ban for carrying ... ( read original story ...)
Singapore property making a comeback
SINGAPORE: Property investment sales in Singapore are expected to return to pre-Covid-19 levels as investor sentiments continue to improve amid economic growth and stability, said real estate ... ( read original story ...)
Citibank to exit consumer business in India and 12 other markets across Asia, Europe
The bank will instead operate its consumer-banking franchise from four wealth centers in Singapore, Hong Kong, the United Arab Emirates and London, it said Thursday in a statement. ( read original story ...)
Citibank to exit retail banking in india under global plan
The consumer banking business comprises credit cards, retail banking, home loans and wealth management. The bank will be exiting the segment in India after more than three decades. The bank has 35 ... ( read original story ...)
DBS Bank commits to zero thermal coal exposure by 2039
SINGAPORE: Singapore’s DBS Bank has committed to zero thermal coal exposure by 2039, as part of “continued efforts to tackle climate change and ... ( read original story ...)
DBS to exit thermal coal lending by 2039
This comes as financial institutions across the globe face growing pressure to avoid coal-related investments.. Read more at straitstimes.com. ( read original story ...)
Southeast Asia’s largest bank DBS to phase out thermal coal financing
Singapore bank DBS Group said on Friday it would phase out financing for customers that derived revenue from thermal coal and had committed to zero exposure to the sector by 2039. ( read original story ...)