Banks have set plans to do so, says S&P. Singapore banks are likely to cut back on their capital buffers and have already set in motion short to medium-term plans to manage this, said S&P Global ...
Singapore Billionaire ’s Royal Group Enters London With $143 Million Hotel Project In Mayfair
Royal Group bought the former Westminster Bank building in London’s Mayfair district and plans to transform the heritage property into a 50-suite luxury boutique hotel.
Is it a bank? Is it a fund manager? Chocolate Finance meltdown highlights need for clear distinction
SINGAPORE] For less-savvy investors, wealth investing platform Chocolate Finance appears to offer some sweet deals. But industry watchers warn that customers must always read the fine print. Read more ...
Reading the markets: A veteran’s view on banks, stocks and shifting tides
Carmen Lee of OCBC Investment Research, a seasoned analyst with 38 years of research experience, has navigated several “black swan” events, including the 1987 Black Monday crash early in her career.
Majority of OCBC’s sustainable finance portfolio aligned with Singapore’s taxonomy: MAS
SINGAPORE] A majority of OCBC’s sustainable financing portfolio is aligned with Singapore’s sustainable finance taxonomy, indicated a report by the Monetary Authority of Singapore (MAS) on Tuesday ...
China’s Jan, Feb fuel oil imports slump as taxes, costs slow demand
China's fuel oil imports rose 6.8% in the first two months of 2025 from the same period last year, data showed on Thursday, as traders rushed to deliver the shipments booked ahead of an increase in ...
‘Serious flight risk’: David Yong from Netflix’s Super Rich In Korea fails in third bid to leave Singapore
David Yong applied for a third time to leave the country on business matters after his lawyers submitted evidence on the whereabouts of his Cambodian passport.
Man fined $5k over ruckus at Changi Airport after misplacing mobile phone
SINGAPORE - A man who caused a ruckus at Changi Airport Terminal 3 after he misplaced his mobile phone was fined $5,000 on March 20. Briton Richard Michael Roll Burridge, 57, had pleaded guilty to one ...
3 in 5 Singapore workers would resign if they didn’t experience sense of belonging at work, Randstad study finds
How much do you value a sense of belonging and community in the workplace? A recent study by talent agency Randstad Singapore on Thursday (March 20) found that three in five respondents (62 per cent) ...
2025 is shaping up to be a problematic year, yet the rich are cashing in on rock-bottom stock prices
As global markets face growing economic uncertainty, 2025 has yet to deliver a clear path forward. Fears of inflation, recession, trade wars, and a stock market ...
Man, 34, jailed 1 year & 9 months for renting out UOB bank account that received S$3.3 million
Kong was paid S$600 per month from August to October 2022, but did not receive any payment from November 2022 onwards. In total, he earned S$1,800 over the three months.
Two held, eight under probe in Singapore for alleged involvement in fraudulent registration of prepaid SIM cards
SINGAPORE: Two men, aged 30 and 58, have been arrested for their alleged involvement in the fraudulent registration of prepaid SIM cards, after three mobile phone shops were raided by the police on ...
HSBC’s Leadership Revamp Sees Fewer Women in Senior Roles Despite Diversity Pledge
HSBC Holdings’ corporate and institutional banking overhaul has reduced women's representation in senior roles across Asia ...
3 brands & 20+ outlets: How Singapore’s Yoga Movement plans to build a global fitness empire
They didn’t have any “extravagant biz plan,” but now, Yoga Movement’s founders run 3 brands and over 20 outlets in Singapore.
Three mobile phone shops raided, 10 people under investigation for SIM card registration fraud
SINGAPORE: Three mobile phone shops were simultaneously raided by the police as part of a crackdown on suspected SIM card registration fraud. Two men, aged 30 and 58, were arrested for their suspected ...
2 arrested, 8 under probe for alleged involvement in fraudulent registration of prepaid SIM cards
SINGAPORE - Two men aged 30 and 58 have been arrested for their alleged involvement in the fraudulent registration of prepaid SIM cards after three mobile phone shops were raided by the police on ...