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Tag: banking

Posted on 29/05/2024

Hong Kong second-largest contributor to OCBC’s sustainable loan commitments after S’pore

OCBC group CEO Helen Wong stated last May that she will not raise the bank’s sustainable finance loan commitment target further.

Posted on 29/05/2024

Sebi Eases IPO Regulations for Entrepreneurs

Sebi has introduced changes to ease the IPO process, focusing on offer size criteria and flexibility for promoter contributions. Amendments include counting equity shares from convertible securities ...

Posted on 29/05/2024

Haidilao Restaurant Operator Super Hi Prices US IPO at $19.56 Per Share

(Reuters) - Super Hi International, which operates Chinese hotpot restaurant chain Haidilao in the overseas market, on Thursday priced its initial public offering in the United States at $19.56 per ...

Posted on 29/05/2024

Singapore man faces 7 years in prison for making 30 bomb hoax calls to DBS Bank

The Singapore Police Force arrested the man within hours of getting a complaint from DBS; the accused is being charged in court.

Posted on 29/05/2024

The Singapore model: What CEE and the world can learn

By adapting elements of the Singapore model to their own contexts, CEE countries can achieve sustainable development, foster inclusive growth, and improve the well-being of their citizens. The story ...

Posted on 29/05/2024

SGX listing aspirant AvePoint: Helping firms build resilient data infrastructure for AI

Unlocking the power of AI calls for a comprehensive data strategy that will accurately analyse, govern and classify data.

Posted on 29/05/2024

$3b money laundering case: Su Jianfeng handed 2 new charges, faces 14 in total

Su was handed six forgery charges on May 16, which accused him of submitting a number of property sales contracts to two banks, knowing they were false. This was allegedly to deceive the banks into ...

Posted on 29/05/2024

Seatrium reports net order book of S$25.8B in 1QFY2024; S$11.4B in order year-to-date

SINGAPORE: Seatrium Limited, a global provider of engineering solutions to the offshore, marine, and energy industries, reported a net book order of S$25.8 billion in its business update for the first ...

Posted on 29/05/2024

Man charged with making bomb threats during multiple calls with DBS

A 34-year-old man was charged in court on Wednesday (May 29) after he allegedly made bomb threats during multiple calls to DBS Bank.

Posted on 29/05/2024

Singapore HNWs says current investment returns have “room to grow”

Over 2 in 5 (42%) of high net worth (HNW) investors in Singapore are actively seeking better returns and intend to allocate more funds to private market strategies and hedge funds. The study, ...

Posted on 29/05/2024

Jail for director who worked with others to cheat 2 victims of over $541k in investment scheme

Hong was a Singapore Armed Forces regular when he committed the offences in 2016 and 2017. Read more at straitstimes.com.

Posted on 29/05/2024

$3b money laundering case: Accused Su Jianfeng handed 2 new charges, faces 14 charges in total

Su was handed six forgery charges on May 16, which accused him of submitting a number of property sales contracts to two banks, knowing they were false. This was allegedly to deceive the banks into ...

Posted on 29/05/2024

DBS maintains ‘hold’ call on Elite UK REIT with lower TP of 25 pence after site visit

DBS Group Research’s Tabitha Foo, Derek Tan and Dale Lai have maintained their “hold” call on Elite UK REIT while decreasing their target price to 25 pence (43 cents) from 28 pence previously ...

Posted on 29/05/2024

Man charged after he allegedly threatened to plant bomb at DBS headquarters

Ang Cheng Shin was caught within four hours after police received a report about the bomb threat. Read more at straitstimes.com.

Posted on 29/05/2024

Singapore shares edge lower at Wednesday’s open; STI down 0.1%

SINGAPORE stocks started Wednesday (May 29 ... Over in Europe, shares fell on Tuesday as cautious commentary from Federal Reserve officials weighed on investor sentiments. The pan-European Stoxx 600 ...

Posted on 29/05/2024

DBS hit with yet another service outage, just 2 days after MAS ban expired

SINGAPORE: DBS and POSB digital banking customers faced yet another service outage yesterday evening (2 May), barely two days after a six-month ban on non-essential information technology system ...

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