“The global industrial community now sees Uttar Pradesh as a centre of new opportunities and possibilities, which will play an important role in taking India-Singapore relations to greater heights,” ...
Blackstone-AirTrunk’s Singapore REIT IPO could raise US$1.5 bil, banks picked — Bloomberg
The reported plan comes as companies and investors increasingly direct money towards data centres as demand for artificial intelligence technology booms.
Microsoft commits to $5.5bn AI and cloud investment in Singapore by 2029
Microsoft opened its Singapore Azure cloud region in 2010 with three availability zones. The cloud company was selected as one of four operators given 80MW of IT capacity for new data centers in ...
Blackstone’s AirTrunk picks banks for Singapore Reit IPO: sources
Citigroup, DBS and Jefferies will help the Australian company to prepare for the listing Read more at The Business Times.
Singapore’s Q1 investment banking fees hit 3-year high of US$187.8 million
The London Stock Exchange Group’s (LSEG) Singapore Investment Banking Review report for Q1 on Thursday (Apr 2) showed that Citi was the top fee earner in Singapore’s investment banking league table.
HSBC chief signals confidence in Asia despite retail banking scale-back
HSBC's possible sale of its Indonesian retail assets, following its exit from retail operations in Bangladesh and Sri Lanka has fuelled speculation that it may be retreating from Asian retail banking.
AI and gender inequality: DBS’ Tan Su Shan and former Singapore president Halimah Yacob look at rising risks
Their discussion at DBS International Women’s Day event also covers issues such as female representation in leadership roles Read more at The Business Times.
Alpha Ladder Group and MetaComp Partner with Maqam International Holding, an Abu Dhabi (UAE) company, to Advance RWA Tokenisation and Web2.5 Payments Across Singapore-UAE Corridor
Alpha Ladder Group ('Alpha Ladder'), a Singapore-headquartered Digital Green Group driving sustainable financial and technology innovation through subsidiaries including MetaComp and Alpha Ladder ...
OCBC tops $100 billion in market cap as analysts see more upside
They cited potential wealth inflows from the Middle East and the rate cut on its flagship savings account. Read more at straitstimes.com. Read more at straitstimes.com.
Asean still ‘safe’ for business despite Middle East conflict: UOB
From the perspective of UOB head of research Suan Teck Kin, the Middle East conflict between the US, Israel and Iran highlights Asean as a “stable” and “safe” region for doing business.
Singapore’s finance sector hit by the second-highest job cuts rate
Employment reductions place services near the top of the industry ranking. Financial and insurance services recorded the second-highest retrenchment rate amongst industries in Singapore in the fourth ...
How The DBS/POSB Phishing Scam Works And How To Avoid Similar Online Scams
Firstly, since 2021, DBS/POSB has phased out physical tokens in favour of digital tokens. Secondly, digital tokens do not expire. Finally, since 2022, emails and SMS messages from banks have not ...
Younger DBS shareholders drawn by dividends turn up at AGM for the first time
Shareholders' concerns include the bank's exposure to the Middle East amid the war. Read more at straitstimes.com. Read more at straitstimes.com.
Microsoft plans to invest $5.5B for cloud, AI in Singapore
Microsoft (MSFT) is on track to invest $5.5B in cloud and AI infrastructure in Singapore until the end of 2029. The company noted that the investment will also go toward ongoing operations. Microsoft ...
Microsoft Pledges $5.5 Billion AI Investment in Singapore
Microsoft Corp. pledged to invest $5.5 billion in Singapore through 2029 to support the country’s artificial intelligence industry, accelerating its expansion in a hub for Asia’s AI development.
OCBC breaches S$100 billion market cap as shares hit record high
[SINGAPORE] A record share price for OCBC has propelled the bank’s market capitalisation past the S$100 billion mark, making it one of only two Singapore-listed companies in the exclusive club.