DBS Holdings Group Ltd. cut Chief Executive Officer Piyush Gupta’s total 2020 compensation by 24% after Singapore’s largest lender posted its first annual drop in profit for four years. ( read original story ...)
Grab Rival Ryde Appoints Financial Adviser for Singapore IPO
Ryde Technologies Pte, a ride-hailing service provider in Singapore, hired local investment bank SAC Capital to advise on its plan for an initial public offering in 2022. ( read original story ...)
S’pore Ride-Hailing Startup Ryde Plans To IPO On SGX In 2022, Targeting A S$200M Valuation
Ryde is targeting a S$200 million valuation through a listing on Catalist and intends to hire 100 more staff by 2023. The post S’pore Ride-Hailing Startup Ryde Plans To IPO On SGX In 2022, Targeting A ... ( read original story ...)
Ryde to launch $200m IPO
Singapore riding app Ryde is preparing to launch a $200m valuation through an initial public offering (IPO) slated for 2022. The IPO will be listed through SGX’s Catalist. The company has appointed ... ( read original story ...)
Futu launches moomoo, an intuitive and technologically immersive, one-stop investment platform in Singapore
Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU) announced the official launch of its one-stop investment platform, moomoo, in Singapore today. In tandem with the Company's second ... ( read original story ...)
Shareable Asset, a leading asset digitalization platform in Singapore, makes leadership change
Shareable Asset, one of the few MAS licensed asset digitalization platforms, has appointed its new CEO. Michael Chin, formerly CEO of UBS Asset Management Singapore, joins as CEO effective Mar 5, 2021 ... ( read original story ...)
Standard Chartered Singapore Marathon celebrates International Women’s Day with virtual club launch
SINGAPORE - To commemorate this year's International Women's Day, the Standard Chartered Singapore Marathon (SCSM) will be organising a series of virtual races, challenges, workshops and sharing ... ( read original story ...)
DBS exec says ‘hopeful’ that fiscal spending will benefit the real economy
Governments are realizing that they have to bring money to the businesses and individuals that are hurting the most, says Tan Su Shan of Singapore's DBS bank. ( read original story ...)
EMERGING MARKETS-Asian stocks broadly firm on U.S. stimulus, Singapore and Malaysia outperform
Asian shares broadly rose on Monday after the passage of a $1.9 trillion U.S. stimulus bill boosted optimism about the global economic recovery, with stock markets in Singapore and Malaysia ... ( read original story ...)
Singapore ranks First, India 26th in Asia-Pac in latest Economic Freedom Index
Singapore topped the global ranking for the second year in a row in the latest Economic Freedom Index published last week by US conservative think-tank, The Heritage Foundation. ( read original story ...)
Singapore builds floating solar farms in climate fight
Thousands of panels glinting in the sun stretch into the sea off Singapore, part of the land-scarce city-state's push to build floating solar farms to cut greenhouse gas emissions. It may be one of ... ( read original story ...)
School transport in Singapore 101: Hacks to getting the little ones to and from school
Singapore’s transport system is undeniably one of the most convenient there is – even the use of public transport to and from school.But when it comes to school transportation in Singapore, the safety ... ( read original story ...)
CORRECTED-EMERGING MARKETS-Asian stocks broadly firm on U.S. stimulus, Singapore and Malaysia outperform
Shares in Taiwan, India and Thailand were higher, as upbeat Chinese exports data also underpinned appetite for risk. Asia's emerging currencies, however, came under pressure as the dollar firmed on ... ( read original story ...)
Singapore economy to rebound to pre-pandemic levels by Q4
Singapore's economy is expected to recover to pre-COVID-19 levels by Q4 2021 and will be one of the key markets in growth in the Asia Pacific region. ( read original story ...)
DBS CEO Piyush Gupta’s 2020 pay falls 24% to $9.18m as Covid-19 bites
Mr Gupta's 2020 pay consisted of a slashed cash bonus of $3.41 million, shares worth $4.51m and a salary base of $1.2m. . Read more at straitstimes.com. ( read original story ...)
Rahayu Mahzam on importing pre-implantation genetically screened embryos stored overseas amid travel curbs
During the COVID-19 pandemic, the Ministry of Health (MOH) received appeals from some couples to import their pre-implantation genetically screened embryos stored overseas. MOH may allow this if ... ( read original story ...)