Singapore Gulf Bank to acquire a stablecoin firm, fund growth, and prepare for a Q1 2025 equity sale, backed by Bahrain Mumtalakat and Whampoa Group.
How Singapore became the ideal testing ground for self-driving cars
The tiny country has embraced autonomous vehicles as a way to overcome labor shortages and use its scarce land more efficiently.
Southeast Asia salaries set for a 2025 bump, with Singapore lagging the region, study says
Budgeted salary increases in the region are expected to be higher in 2025 than in 2024, according to a November study by professional services firm Aon.
Singapore Gulf Bank seeks $50M to fund stablecoin firm acquisition
The crypto-friendly digital bank Singapore Gulf Bank is reportedly looking for a fund injection of at least $50 million as it plans to acquire a stablecoin payments company in 2025. On Nov. 25, ...
Singapore Gulf Bank plans stablecoin acquisition after seeking the funding of $50M
Singapore Gulf Bank is seeking a $50 million funding round next year and plans to buy a stablecoin payments company. Licensed in Bahrain since February, the bank was set up by the Singapore family ...
Singapore is one of the most popular business locations for world’s wealthiest entrepreneurs: HSBC
The report revealed that Singapore is the most popular destination for those considering a personal move abroad (9%), with the strongest interest from entrepreneurs in Hong Kong (19%), Taiwan (16%) ...
Singapore, Hong Kong among best Asian markets for investment and business: HSBC report
Singapore is the top destination for wealthy entrepreneurs to relocate, while Hong Kong fails to make the top 10.
Singapore civil servants to get 1.05-months year-end bonus, up from last year’s 0.6-month
Taken together with the 0.45-month mid-year payment announced in June, civil servants will receive a total of 1.5 months in bonuses for the full year, with those in the more junior grades acquiring ...
Singapore civil servants to receive 1.05-month year-end bonus with additional lump sum for junior officers
Singapore civil servants will receive a 1.05-month year-end bonus, with junior-grade officers entitled to an extra S$600 lump sum, according to the Public Service Division. Combined with mid-year payments,
Nanyang Technological University Singapore, Gaia, ranked among the world’s most beautiful campuses for 2024
Did you know the stunning building is Asia's largest timber building and takes its name from the ancient Greek goddess of the Earth?
Singapore investment sales surge in Q3 2024, fueled by ION Orchard deal and industrial boom
SINGAPORE: Investment sales in Singapore saw a strong uptick in the third quarter of 2024, rising by 22.7% compared to the previous quarter and 25.4% year-on-year, reaching a total of $8.05 billion, ...
Standard Chartered Trade Institute receives accreditation from LIBF
Singapore – Standard Chartered has today announced that its flagship Trade Institute has received full accreditation from LIBF (formerly known as the London Institute of Banking and Finance).
Brokers’ take: RHB ‘overweight’ on Singapore banking sector
RHB on Monday (Nov 25) upgraded its call on Singapore’s banking sector to “overweight” from “neutral” in September, as it made a “buy” call for two of the three Singapore bank stocks covered. Read ...
Singapore firms brace for modest recovery as profits continue to tumble
Looking ahead to the final quarter of 2024, Chow expects Singapore’s GDP to grow by 3.7% to 4%, which aligns with the expectations of a steady recovery in the manufacturing and services sectors.
China issues extra crude oil import quota to independent refineries, sources say
China has issued an additional crude oil import quota of at least 5.84 million metric tons (116,800 barrels per day) to independent refiners for cargoes arriving by end-2024 and in early 2025, people ...
Singapore Gulf Bank to Raise Funds, Buy Stablecoin Payments Firm
Singapore Gulf Bank is seeking to raise at least $50 million in a funding round and plans to acquire a stablecoin payments company next year, according to people with direct knowledge of the matter.