SINGAPORE] Around S$500 million in net withdrawals were made by Chocolate Finance’s customers – slashing the firm’s assets under management (AUM) by some 40 per cent – amid a “bank run” over the past ...
Banking scion buys US$70 million mansion, breaking a Singapore record
A Singapore luxury mansion has been purchased at a record price per square foot by a scion of the family which backs one of Malaysia’s largest banks.
HSBC CEO to double down in Asia, Middle East after exits
HSBC Holdings expects to double down on investment banking operations in Asia and the Middle East after exiting key business in Europe and the US, CEO Georges Elhedery said.
StanChart boosts private credit presence with new hires in India
SINGAPORE] Standard Chartered (StanChart) is bolstering its private credit business with three new hires in India, said Henrik Raber, global head of global banking. Read more at The Business Times.
Singapore faces the region’s best in Asian U20 Water Polo Championships
SINGAPORE: Singapore will be competing for regional supremacy as it welcomes Asia’s best young water polo team when it hosts the Asian U20 Water Polo Champion ...
Malaysian owner pledges lower prices, more choices after Singapore Cold Storage, Giant buyout
Macrovalue has pledged to offer lower prices and a greater variety of products to customers in the republic following its S$125 million (RM414 ...
Singapore’s growth requires more land and people
Automation and investment in technology provide a pathway to growth but Singapore’s aging workforce must be retrained to ensure success.
Trader Tied to China’s Copper King Sells Singapore Office Space
A Singapore-based commodities trader linked to troubled Chinese copper tycoon Wang Wenyin has sold the top three floors of a prime office building in the city’s business district for S$91.8 million ...
Cold Storage: From its beginnings in 1900s Singapore to being sold to a Malaysian company in 2025
Cold Storage is set to be acquired by Malaysia's Macrovalue in 2025, marking a significant milestone in its 122-year history.
Most Common Scams in Singapore In 2024 – How Singaporeans Can Protect Themselves
E-commerce scams, job scams, phishing scams and investment scams had the most case reports in 2024. Almost 44% of cases resulted in losses of more than $2,000.
New DBS CEO Tan Su Shan keen on ‘bolt-on’ acquisitions rather than large-scale M&As
Ms Tan will focus on boosting the bank's high-return businesses like wealth and transaction banking. Read more at straitstimes.com.
Singapore Cold Storage, Giant customers can expect cheaper products, more variety after takeover, Malaysian buyer says
SINGAPORE: Customers of Cold Storage and Giant can expect more value for money, a greater variety of merchandise and new outlets following the sale of the supermarket chains to Malaysian retail group ...
Man to face charges for headbutting Singapore policeman in Woodlands
A 38-year-old man will be charged today after allegedly attacking a police officer during an incident in Woodlands. Police said they were alerted to ...
Gynecomastia Affects All Ethnic Groups in Singapore, Amaris B. Clinic Study Reveals
Amaris B. Clinic releases insights into gynecomastia cases, proving the condition affects men of all races in Singapore.
Trump Media Taps Singapore’s Crypto.com for Made-in-America ETFs
Trump Media & Technology Group Corp. plans to work with Crypto.com on a lineup of “Made-in-America” investments — an arrangement that puts the president’s social media company in business with a ...
Singapore luxury home sales rise in value with fewer deals
Singapore’s luxury residential market showed resilience in the second half of 2024, with total transaction value rising 10.8% half-on-half to S$1.24 billion, ev ... ( read original story ...)