SINGAPORE - A sole bid of $20 million for a land parcel in Sentosa Cove seized in a $3 billion money-laundering probe was not accepted by OCBC bank, and the property was withdrawn because it did not ...
Retirement savers in Singapore need to cast their nets wide for growth
BLACKROCK chairman Larry Fink’s letter to shareholders this year focused on the central role of capital markets in funding two big challenges – retirement and infrastructure. Read more at The Business ...
ACE Market-bound Farm Price aims to raise RM24.5mil from IPO
KUALA LUMPUR: Farm Price Holdings Bhd aims to raise RM24.5 million from its initial public offering (IPO). The company is set for its listing on Bursa Malaysia Securities’ ACE Market on May 14.
Singapore core inflation eased in March as MAS retains its forecast for the year
SINGAPORE: Singapore’s core inflation eased in March, thanks to lower prices on food and services. The easing trend is expected to continue as long as there aren’t any unexpected supply disruptions ...
$3b money laundering accused Su Baolin handed 3 new charges
SINGAPORE – Su Baolin, one of the 10 accused in Singapore’s largest money laundering case, was handed three more charges on April 24. Su, 42, who is originally from China and holds a Cambodian ...
Standard Chartered Joins Visa B2B Connect for Streamlined Payments
Standard Chartered has announced a new collaboration with Visa to streamline cross-border payments for its corporate clients.
Regional businesses turning their focus onto Asean in overseas ventures: UOB
According to the UOB Business Outlook Study this year, small- and medium-sized enterprises (SMEs) and large enterprises in Southeast Asian and Greater China regions are turning their attention towards ...
Singapore shares opened higher on Wednesday—STI climbed 0.4%
SINGAPORE: Singapore shares opened higher on Wednesday morning, following the global trend of market upticks... The post Singapore shares opened higher on Wednesday—STI climbed 0.4% appeared first on ...
Singapore Stock Market Tipped To Open To The Upside
The Singapore stock market has moved higher in consecutive trading days, advancing almost 100 points or 3 percent in that span. The ...
Daily Cuts – Inflation in Singapore eases, but do we feel at ease too?
Inflation in Singapore is on a downtrend, declining more than expected. How and when will this translate to us, consumers? Or is it too soon to rejoice? Alvin Liew, Senior Economist, Group Finance & C ...
Funding Societies enters strategic partnership with SGeBIZ to bring embedded finance solutions for SMEs in Singapore
The partnership will allow the over two thousand businesses, who are using the EzyProcure platform – comprising mainly SMEs from food and beverage businesses and their suppliers using the platform – ...
Standard Chartered joins forces with Visa to enhance cross-border payments
In addition to participating in the Visa B2B Connect multilateral payment network, the Bank also joins as a new settlement partner Singapore – Standard Chartered today announced that it has joined ...
DBS recommends investors to stay ‘nimble’ amid uncertain macro uncertainties
At the banks’ current share price levels, the analysts believe that their valuations of 1.0 to 1.4 times forwards FY2024 P/BV are relatively “undemanding”, with asset quality remaining intact and ...
ComfortDelGro secures $73.47m loan from DBS to decarbonise UK fleet
C omfortDelGro, a Singapore-based transport operator, has secured a S$100m ($73.47m) green loan from DBS to decarbonise its UK bus fleet. The funds have been utilised to purchase 135 electric buses ...
SCB Julius Baer introduces new CEO
SCB Julius Baer, the strategic wealth management joint venture formed by Siam Commercial Bank and Julius Baer, has named a new CEO.
Singapore core inflation cools more than expected to 3.1% in March
Both core and overall inflation dipped from the previous month and came in well below analyst forecasts. Read more at straitstimes.com.