Initial deployment will involve a single rack of 20 Cortical Cloud units at NUS, with a view to expanding to a full-scale DayOne commercial data centre in Singapore. The partners envision a phased ...
OCBC sees regional transaction banking growth outpacing Singapore, senior executive says
Transaction banking revenue is currently split about 60:40 between domestic and regional markets Read more at The Business Times.
IPO-bound Flipkart shifts domicile from Singapore to India
The Walmart-owned unveiled plans in April 2025 to shift its headquarters back to India, a move that was approved by a court in Singapore in September. By December, the company had secured approval ...
Flipkart flips back from Singapore ahead of India IPO
With this, Flipkart Internet Pvt Ltd has become the group’s holding company after government approval for internal restructuring, clearing a key step toward the e-commerce major's upcoming domestic ...
UPDATE 1-F1 delays $3 bln Singapore IPO on weak markets
Reuters on Thursday, saying the owners were biding their time. He stressed, however, that the IPO had not been pulled.
Flipkart moves its headquarters back to India ahead of IPO
Flipkart's headquarters shift comes as the Walmart-backed e-commerce giant reaches about $30 billion in GMV.
Exclusive: IPO-bound Flipkart completes reverse flip; shifts domicile from Singapore to India
Flipkart has completed its reverse flip, moving its domicile from Singapore back to India after receiving approvals, including from the NCLT and the central government under Press Note 3 rules. The ...
Flipkart completes relocation of holding company from Singapore to India ahead of IPO plans
Flipkart has completed a major corporate restructuring by shifting its holding company domicile from Singapore back to India.
UI Boustead REIT launches Singapore IPO to raise $973.6 million
The public offer opens on March 5 and will close at noon on March 10. Read more at straitstimes.com. Read more at straitstimes.com.
Standard Chartered to double number of Singapore bankers serving wealthy Chinese
Standard Chartered plans to double the number of private bankers catering to wealthy Chinese in Singapore despite increased scrutiny of flows from China after a series of high-profile money-laundering ...
How Singapore’s refineries & bunkers stabilise oil prices during a conflict in the Middle East
Why Singapore becomes more valuable during Middle East wars Oil supply disruptions push traders to alternative hubs Singapore holds huge oil inventories It is the world’s largest ship-fuel port ...
Singapore: 2 Directors Arrested as Authorities Probe Suspected Money Laundering at Capital Asia Investments
Under Singapore law, individuals convicted of money laundering offences may face up to 10 years in prison, a fine of up to S$500,000, or both.
DBS chief Tan Su Shan receives $9.6m pay in 2025; Malaysian ringgit nears RM3 per Singapore dollar amid steady spending: Singapore live news
DBS CEO Tan Su Shan earned about $9.6 million in her first year at helm. The Malaysian ringgit nears RM3 per $1, but Singapore spending across the Causeway holds steady.
Singapore women in finance show stronger entrepreneurial aspirations, up to 42%
Generation Z and Millennials lead rise in entrepreneurial ambitions. Forty-two percent of women in Singapore’s finance and accountancy sector aspire to become entrepreneurs, marking an increase from ...
Singapore’s equity programme seeks to reshape city state’s stock market
The Monetary Authority of Singapore (MAS) programme is a coordinated effort to strengthen the foundations of the stock market. The financial regulator is allocating capital to select fund managers ...
Great Eastern names OCBC director Andrew Khoo as chairman-designate
He assumes the chairmanship on Apr 15, succeeding incumbent chair Soon Tit Koon Read more at The Business Times.