Former oil tycoon Lim Oon Kuin has been declared bankrupt in Singapore following the collapse of his oil empire, Hin Leong Trading.
China-Singapore Free Trade Agreement Further Upgrade Protocol to come into force
Further Upgrade Protocol will enter into force on Dec. 31, 2024, China's Ministry of Commerce said on Monday.In alignment with high-standa ...
China to upgrade FTA with Singapore, implement FTA with Maldives, in show of commitment to free trade
China's Ministry of Commerce (MOFCOM) announced on Monday that the China-Singapore Free Trade Agreement (FTA) Further Upgrade Protocol will come into effect on Tuesday. Also on Monday, Wang Wentao, ...
OCBC to offload full 33.33% stake in Hong Kong Life Insurance
"OCBC to offload full 33.33% stake in Hong Kong Life Insurance " was originally created and published by Life Insurance International, a GlobalData owned brand.
OCBC selling stake in Hong Kong Life Insurance for $103 million
SINGAPORE - OCBC has agreed to sell its entire stake in Hong Kong Life Insurance to a Hong Kong investment holding company for HK$589.3 million (S$103 million). OCBC, through its wholly owned ...
Trump’s next steps will shape economic outlook for 2025: OCBC Bank’s Vasu Menon
Vasu Menon, Managing Director, Investment Strategy Wealth Management of OCBC Bank Singapore talks about the factors that will drive the global economy and markets in 2025.
Who Is Lim Oon Kuin, Singapore Oil Tycoon Declared Bankrupt?
The government gazette revealed that Lim Oon Kuin, founder of the Hin Leong Trading Pte., and his children, Lim Huey Ching and Lim Chee Meng, were issued bankruptcy orders on December 19. Both ...
Singapore’s DBS appoints Rajat Verma as DBS Bank India CEO
Singapore's DBS Group said on Monday it has appointed Rajat Verma as chief executive officer of DBS Bank India, succeeding Surojit Shome, who would retire at the end of February.
Rajat Verma appointed as CEO of DBS Bank India from March 2025
DBS Bank has appointed Rajat Verma as its new chief executive officer of DBS Bank India effective from Mar 1, 2025. Read more at The Business Times.
Singapore stocks saw little change on Monday morning—STI edged up 0.03%
In the broader market, 56 stocks gained while 46 declined, with 51.2 million securities valued at S$42.5 million traded ...
Possible IPO of Sunway Healthcare and Columbia Asia might spur re-rating of IHH Healthcare: Maybank
Maybank Securities has resumed coverage of IHH Healthcare , with a "buy" call and sum-of-the-parts based RM7.97 target price for its Bursa-quoted shares, up from a previous target of RM7.13. IHH ...
SingPost Names Group Finance Chief After Whistleblower Report
Singapore Post Ltd. named a group chief financial officer and said the search for a chief executive continues after it fired a number of senior executives over allegations of misconduct.
Singapore oil mogul declared bankrupt
SINGAPORE: Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.
OCBC sells stake in Hong Kong Life Insurance for $103 million
SINGAPORE - OCBC has agreed to sell its entire stake in Hong Kong Life Insurance to a Hong Kong investment holding company for HK$589.3 million (S$103 million). OCBC, through its wholly owned ...
Singapore Shares Expected To Remain Rangebound On Monday
The Singapore stock market bounced higher again on Friday, one session after ending the two-day winning streak in which it had ...
Mizuho Bank Singapore brings festive cheer to needy students
EMPLOYEES of Mizuho Bank Singapore recently brought some festive cheer to more than 40 students from AWWA’s Special Student Care Centre. Read more at The Business Times.