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Tag: banking

Posted on 16/04/2024

Incoming Singapore PM says incumbent Lee to serve as senior minister in next cabinet – media

Singapore's prime minister-designate, Lawrence Wong, on Tuesday said the city-state's incumbent leader Lee Hsien Loong would serve as a senior minister in his cabinet after he takes power on May 15.

Posted on 16/04/2024

HSBC lays off at least a dozen Asia dealmakers amid weaker activities, sources say

HSBC is laying off more than a dozen of its investment banking staff in Asia as dealmaking in the region slows, three people with knowledge of the matter told Reuters on Tuesday. Bankers in Hong Kong ...

Posted on 16/04/2024

HSBC cuts a dozen Asia dealmakers, source says

HSBC is laying off around a dozen of its Asia investment banking staff, a person with knowledge of the matter told Reuters on Tuesday. Bankers in Hong Kong and Singapore are impacted as the lender ...

Posted on 16/04/2024

Court lets OK Lim’s daughter leave Singapore, bail doubled to S$100,000

LIM Huey Ching – the daughter of fallen oil tycoon Lim Oon Kuin or OK Lim – was on Tuesday (Apr 16) granted conditional permission by the state courts to leave Singapore to attend the graduation ...

Posted on 16/04/2024

OCBC’s Quest for Loan Recovery Amidst a $3 Billion Money Laundering Probe

OCBC Bank embarks on a quest amidst the sun-drenched shores of Sentosa, Singapore, a gripping tale unfurls within the backdrop of a colossal $3 billion money laundering investigation. The crux of the ...

Posted on 16/04/2024

Eco-friendly data centers help drive $6.3 billion of green investment in Southeast Asia, but report shows more needed

Southeast Asia saw an uptick in green investments in 2023, with a boost from green data center projects, though funding remains insufficient, says a report.

Posted on 16/04/2024

5 men charged over bogus investment schemes that duped 47

The police said on April 15 that Muhammad Muniruddin Mohamed Khairuddin, 38, Osman Japar, 52, and Muhammad Nabil Fatin Osman, 29, allegedly formed part of a team that duped 47 people into investing in ...

Posted on 16/04/2024

SMEs in Singapore remain contractionary for fifth consecutive quarter: OCBC

According to the latest small and medium-sized enterprises (SME) index by Oversea-Chinese Banking Corporation (OCBC), SMEs have remained contractionary for the fifth consecutive quarter. The latest ...

Posted on 16/04/2024

LinkedIn Top Companies 2024 in Singapore: DBS, Standard Chartered, OCBC, Singlife in the list

Homegrown bank DBS retained the top spot on the LinkedIn Top Companies 2024 list for Singapore, according to the social media company. The annual list, released on Tuesday (16 April), is the fourth ...

Posted on 16/04/2024

Financial firms lead LinkedIn’s top companies in Singapore

LinkedIn unveils companies list where professionals advance the most. Financial institutions dominate LinkedIn’s 2024 Top Companies list for Singapore, comprising over half of the top 15. Notably, DBS ...

Posted on 16/04/2024

Singapore says Lawrence Wong will take over as prime minister on May 15

Singapore has announced that Deputy Prime Minister Lawrence Wong will take over as the country’s next leader on May 15. Wong, 51, will succeed Lee Hsien Loong who has held the top job for 20 years.

Posted on 16/04/2024

Singapore PM Lee To Step Down After Two Decades, Wong To Take Over

Singapore Prime Minister Lee Hsien Loong will step down on May 15 after two decades in power, paving the way for his deputy Lawrence Wong to take the reins.

Posted on 16/04/2024

Singapore stocks took a dip on Tuesday—STI slipped by 0.3%

SINGAPORE: Singapore stocks fell on Tuesday, following a global trend of losses sparked by concerns... The post Singapore stocks took a dip on Tuesday—STI slipped by 0.3% appeared first on The Indepen ...

Posted on 16/04/2024

What Observers Are Saying as Singapore’s Lee Paves Way for Next PM Wong

Singapore’s Prime Minister Lee Hsien Loong is stepping down on May 15 after two decades in office. Lee, 72, will hand the reins over to his deputy Lawrence Wong, 51, in a widely-telegraphed transition ...

Posted on 16/04/2024

Singapore shares open lower on Tuesday; STI down 0.3%

SINGAPORE stocks fell at the opening bell on Tuesday (Apr 16) morning, tracking losses in global markets amid worries over geopolitical uncertainty in the Middle East. Read more at The Business Times.

Posted on 16/04/2024

Singapore-headquartered AI Credit Scoring fintech FinbotsAI to transform credit risk management for Myanmar’s largest privately-owned bank, KBZ Bank

FinbotsAI, an Accel-backed Singapore headquartered B2B SaaS FinTech today announced signing KBZ Bank – Myanmar's largest privately-owned bank – as their first client in Myanmar. With this, FinbotsAI's fast growing client base spans 11 countries across APAC,

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