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Tag: banking

Posted on 31/03/2025

Singapore’s MAS Proposes Framework to Open Private Market Funds to Retail Investors

The Monetary Authority of Singapore (MAS) has launched a public consultation on a proposed regulatory framework to expand retail investors’ access to private ...

Posted on 31/03/2025

Singapore’s Role as ASEAN’s Financial Hub: Can it Maintain its Lead?

Singapore remains ASEAN’s top financial hub, but rising competition, fintech disruption, and regional shifts challenge its dominance.

Posted on 31/03/2025

DFI Retail shares pop on news of Giant, Cold Storage sale; stock helps drive STI to record high

A privatisation offer for Sinarmas Land could make it the 7th potential SGX delisting in 2025. Read more at straitstimes.com.

Posted on 30/03/2025

Haldirams enters agreement with Singapore investment major Temasek to sell stake: PwC

Founded by Ganga Bishan Agarwal in the 1930s, Haldirams sells a range of foods from sweet and savoury snacks to frozen meals and breads. It also runs 43 restaurants in and around Delhi, according to ...

Posted on 30/03/2025

Yangzijiang Financial places S$139.3 million in treasury shares for maritime investments

SINGAPORE] Yangzijiang Financial has raised net cash proceeds of S$139.3 million through a placement of its treasury shares, to redeploy them for maritime investments. In a bourse filing on Sunday ...

Posted on 30/03/2025

Singapore’s sustainability legal services market to treble to at least S$450 million by 2033: PwC study

SINGAPORE] Singapore’s sustainability legal services market is set for significant expansion, with its value projected to treble to between S$450 and S$500 million by 2033, indicated a study by ...

Posted on 30/03/2025

OCBC commits S$2 million to support the elderly

SINGAPORE] About 1,000 seniors gathered at Bukit Canberra on Saturday (Mar 29) morning to participate in a mass workout and learn more about digital banking and scams, among other things, as part of ...

Posted on 30/03/2025

DBS Foundation commits S$7.3 million for new programme to support 6,000 vulnerable seniors

SINGAPORE] In conjunction with SG60, DBS Foundation on Saturday (Mar 29) launched a S$7.3 million programme to support around 6,000 vulnerable seniors across 12 ageing towns over the next two years.

Posted on 30/03/2025

What a Singapore investor needs to know about investing in the US stock markets

SGX lists two ETFs issued by State Street Global Advisors that track US indices. Read more at straitstimes.com.

Posted on 30/03/2025

Singapore Banks Under Scrutiny for Financing Harita’s Coal-Powered Nickel Smelters

The Harita Group operates on Obi Island, North Maluku province, where its nickel production primarily relies on coal-powered plants. As per their operations, they currently utilize an impressive 890 ...

Posted on 29/03/2025

DBS Foundation launches $7.3m initiative to support vulnerable seniors

Targeted outreach to lower-income seniors follows $3.8 million, seven-month series of community markets for lower-income households. Read more at straitstimes.com.

Posted on 29/03/2025

OCBC pumps $2 million into initiative to help over 180k seniors

SINGAPORE – A $2 million programme by OCBC Bank aims to help more than 180,000 seniors in Singapore over the next three years. The initiative was launched at Bukit Canberra in Sembawang on March 29, ...

Posted on 29/03/2025

Meerut-born Piyush Gupta, Singapore’s top banker, steps down as DBS Bank CEO

Tan Su Shan has succeeded Gupta. Tan, who is the first female CEO in DBS' history and was previously the bank's deputy CEO, is expected to continue DBS' focus on high return on equity businesses and ...

Posted on 29/03/2025

Singapores top banker Piyush Gupta leaves DBS Bank

Singapore, Mar 29 (PTI) Singapore's top banker Piyush Gupta has stepped down as DBS Bank chief executive after 15 years of spearheading the lender's journey through various financial markets, ...

Posted on 29/03/2025

Netizens say Singapore’s STI ‘finally’ crosses 4,000 mark for the first time but falls back after market close

SINGAPORE: "Finally," netizens said after the Straits Times Index (STI) crossed the 4,000 mark for the first time on Friday (Mar 28). According to The Busines ...

Posted on 29/03/2025

UOB rejects allegations of improper conduct made by ex-CEO of former client Yang Kee Logistics

The allegations made by Mr Koh, who has made a statutory declaration on Feb 25 on the matter, relate to improper conduct by UOB’s executives dating back to 2016 pertaining to the sale of a property, ...

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