Deputy President and Head of Global Wholesale Banking Helen Wong will take over as Group Chief Executive Officer from Apr 15, the bank announced in a media release on Friday (Jan 8). She succeeds Mr ... ( read original story ...)
Singapore economy shrinks 5.8% last year, less than expected
Singapore closed its worst year of economic performance on an optimistic note with the economy shrinking less than expected. Gross domestic product (GDP) contracted by 5.8 per cent last year amid ... ( read original story ...)
Singapore students dream up ideas for a brighter future in entrepreneurship competition
Paper that morphs into soap when it touches water was among three winning ideas at an annual youth entrepreneurship competition.. Read more at straitstimes.com. ( read original story ...)
Swiss-Brazilian bank to acquire business in Singapore and Hong Kong
Brazilian private bank J. Safra Sarasin has reached an agreement to acquire Canada's Bank of Montreal's (BMO) private banking business in Hong Kong and Singapore for an undisclosed valuation, ... ( read original story ...)
GoBear’s Closure Comes As A Shock But Will Unlikely Leave A Dent In S’pore’s Finance Industry
GoBear cited the failure to raise additional funds from existing or new investors as the primary reason for closure. The post GoBear’s Closure Comes As A Shock But Will Unlikely Leave A Dent In S’pore ... ( read original story ...)
UOB prices capital securities referencing Sora
SINGAPORE (THE BUSINESS TIMES) - UOB announced on Friday (Jan 8) that it has successfully priced capital securities with a reset coupon rate that references the Singapore Overnight Rate Average ... ( read original story ...)
Singapore rate transition advances in earnest
UOB prices Singapore’s first capital securities with a reset coupon rate that references the Singapore Overnight Rate Average Overnight Indexed Swap (SORA-OIS) rate. ( read original story ...)
DBS chairman Peter Seah appointed to Council of Presidential Advisers
DBS chairman Peter Seah Lim Huat has been appointed as a member of the Council of Presidential Advisers (CPA), the Istana said on ... ( read original story ...)
Singapore PM gets COVID-19 vaccine and urges others to follow
Singapore Prime Minister Lee Hsien Loong received his first shot of a COVID-19 vaccine on Friday, and urged others to take the jabs in a country that has largely brought the pandemic under control. ( read original story ...)
Singapore’s unemployment rate in November fell for the first time in 2020
Singapore’s unemployment rate in November fell for the first time in 2020, a sign that the worst could be over for the labour market ... ( read original story ...)
Renesas and Sequans Expand Their 5G Collaboration
Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, and Sequans Communications (NYSE: SQNS), a leading provider of 5G/4G chips and modules for IoT, ... ( read original story ...)
RPT-UPDATE 1-Mercuria teams up with Singapore fund manager Envysion for project investment
First batch of investment to be up to $200 mln - Envysion CEO * Commodity traders seek funding as banks pull out of sector * Scope covers oil & gas, mining, renewables - Envysion adviser Jan 7 ... ( read original story ...)
Singapore PM receives Covid-19 vaccine as nationwide vaccination drive starts
Prime Minister Lee Hsien Loong took the Covid-19 vaccine on Friday (Jan 8) morning, at the start of a nationwide drive to vaccinate staff across various public healthcare institutions. ( read original story ...)
Singapore PM receives first dose of COVID-19 vaccine
Singapore Prime Minister Lee Hsien Loong received the first shot of a vaccine against COVID-19 on Friday, the 68-year-old said in a Facebook post sharing a video of him being injected in the arm at a ... ( read original story ...)
‘Star Wars’ exhibition opening in Singapore this month
An exhibition about 'Star Wars', featuring original props, costumes and models from the films, will open in Singapore on January 30. ( read original story ...)
Singapore firms take up $17.4 billion in govt-backed loans amid Covid-19 pandemic
This is more than 13 times the credit extended under loans supported by Enterprise Singapore for the whole of 2019.. Read more at straitstimes.com. ( read original story ...)