This week’s news mix is all about surprises—some good, some bittersweet. One bank is taking the spotlight for customer service, while an indie cinema many of us loved for ...
Singapore banks’ weak risk-return clouds Greater China ambitions
Singapore banks to focus on transaction banking, wealth management, Sino-Asean investments and cross-border business in China strategy, says Rena Kwok of.
CapitaLand Investment to advise Malaysian developer Astaka on retail strategy for RM1.2 billion Johor development
SINGAPORE] CapitaLand Investment (CLI) will provide retail advisory services to Malaysian property developer Astaka Holdings for a new mixed-use project in Johor worth RM1.2 billion (S$364.5 million) ...
Rezolve AI opens Asian Pacific headquarters in Singapore
Rezolve Ai (RZLV) announced the opening of its Asia Pacific regional headquarters in Singapore, backed by a multi-million-dollar investment from ...
DBS Cashback Push Spurs 50% Rise in Weekend Sales at Heartland Merchants
DBS PayLah! cashback campaign boosts digital payments and lifts heartland merchants’ Saturday earnings by 50%.
World Para Swimming Championships will be held at OCBC Aquatic Centre instead of new WCH Arena
ST understands that the temporary arena is not wheelchair-accessible for athletes. Read more at straitstimes.com. Read more at straitstimes.com.
iFast confirms CP Invest’s sale of 14.35 mil shares, bringing interest down to 4.9%
With the sale, the Cuscaden Peak subsidiary formerly known as SPH Invest has ceased to be a substantial shareholder of iFast, according to an Aug 19 bourse filing.
AirTrunk granted record S$2.25 billion green loan by Singapore-based banks
APJ-based hyperscale data centre specialist, AirTrunk, has secured a S$2.25 billion green loan in Singapore to fund the development of a new hyperscale data centre, AirTrunk SGP2. Located in Loyang, ...
Singapore-based Shein weighs China relocation to ease path for Hong Kong IPO: Report
Shein has spent years attempting to list, first in New York and then in London. Read more at straitstimes.com. Read more at straitstimes.com.
Bank of Singapore Introduces ‘Catalyst’ for Ultra-Rich Wealth Management
Bank of Singapore has launched the Family Office Catalyst, a new service in Singapore for ultra-high net worth individuals seeking professional wealth management without setting up a dedicated ...
DBS remains RHB’s top banking pick amid ‘tough’ 2QFY2025; RHB expects FY2025 sector patmi to fall by 6% y-o-y
DBS Group Holdings remains the banking sector top pick for the team at RHB Bank Singapore as the banks generally had a “tough” 2QFY2025.
Aspire Launches Yield Solution to Boost SMEs Investment Returns
The launch follows AFT SG 2 Pte Ltd, a company within the Aspire Group, securing its Capital Markets Services License (CMS) from the Monetary Authority of Singapore (MAS) in April 2025, enabling it to ...
Yangzijiang Financial to anchor $100 million fund of firm led by ex-CEO Vincent Toe
The fund will invest exclusively in Singapore SMEs, and is expecting to start doing so in September. Read more at straitstimes.com. Read more at straitstimes.com.
Tariffs worry economists for Singapore’s 2H2025 following July’s 4.6% y-o-y NODX decline
The contraction was largely due to the 6.6% drop in non-electronic exports, of which the lacklustre performance of pharmaceuticals and petrochemicals saw an 18.9% and 23.4% y-o-y decline respectively.
Former Yangzijiang Financial CEO Vincent Toe’s ICH Group seeks to give Singapore’s small and mid-cap IPO market a leg up
SINGAPORE] Vincent Toe, the former chief executive of Yangzijiang Financial, understands the challenges that companies with small-to-mid market capitalisation face when they attempt to get listed.
3 charts show Shein’s big leaps in a key market ahead of its IPO
The fast fashion giant reported a more than 56% profit gain in 2024 compared to 2023 in the UK. It also nearly tripled its headcount in the country.