Describing Singapore as a "connectivity hub" for distribution of services as well as trade, State Minister for Foreign Affairs Md Shahriar Alam yesterday shared the aspirations of Bangladesh to emerge ...
Mubadala Acquires Stake In Singapore’s Aircarbon
Abu Dhabi state fund Mubadala Investment Company confirmed on Wednesday that it has acquired a strategic stake in Singapore-based AirCarbon Excha ...
Singapore’s bank DBS to open office in Dhaka
Singaporean bank DBS yesterday announced that it will be expanding its regional footprint with the establishment of a representative office in Dhaka.
How local employees at this global bank gain from being youth mentors
About 40 volunteers from the bank’s Singapore office connect with 30 to 40 students every year in the programme. It is “a good take-up rate”, says Ms Green. Students would meet with their Credit ...
Ngee Ann Poly alumni commit $500,000 in new angel investment network to support student entrepreneurs
SINGAPORE - Ngee Ann Polytechnic (NP) students who are keen on growing their businesses can now get funding from alumni who are accomplished entrepreneurs. Read more at straitstimes.com.
NY Fed Launches Digital Dollar Pilot Program With Big Banks
Nine U.S. financial institutions, including Citibank, Wells Fargo ... Earlier this month, France, Switzerland, and Singapore jointly conducted a trial for their digital currencies, one of the first of ...
Singaporean bank DBS to open representative office in Dhaka
Singaporean bank DBS today announced that it will be expanding its regional footprint with the establishment of a representative office in Dhaka.
Singapore’s Temasek to write down over US$200 million in FTX
SINGAPORE – Singapore’s state-owned investor ... of the situation said SoftBank Group Corp. is expecting a loss of around US$100 million on its investment. A Temasek representative declined to comment ...
Singapore Market falls 0.28%
At closing bell, the Straits Times Index (STI) index fell 9.11 points or 0.28% to 3,266.77 after trading between 3,258.49 and 3,282.91. Volume was 1.69 billion shares worth S$1.49 billion. There were ...
Singapore stocks fall amid mixed regional showing
Local investors struggled to find any direction in the market on Wednesday amid concerns over a possible escalation of the Ukraine conflict. Read more at straitstimes.com.
IPO funds raised by Southeast Asian companies fall amid economic headwinds
We expect IPO activity to go through cyclical highs and lows, as the market re-calibrates from the pandemic mindset to 'regular programming'," said Tay Hwee Ling, disruptive events advisory leader of ...
OCBC Bank appoints Noel Gerald DCruz as new group chief risk officer
Oversea-Chinese Banking Corporation (OCBC) has appointed Noel Gerald DCruz as its new group chief risk officer on Nov 16. DCruz will succeed outgoing group chief risk officer, Vincent Choo, who will ...
Man in SG jailed after withdrawing over S$26,000 from bank accounts; monies traced to US fraud victims
Bhambri Kunal withdrew cash totalling more than S$26,000 (RM86,160) from Singapore bank accounts, which were sums later traced to three fraud victims in the United States.
Kingsmen co-founder Ong raises stake; Japfa in buybacks ahead of subsidiary’s planned IPO
Ong last bought Kingsmen shares more than a year ago although this was via a married deal that also involves fellow co-founder cum chairman Benedict Soh. On March 2, 2021, Ong and Soh acquired 500,000 ...
DBS expands footprint to Bangladesh, appoints former HSBC exec as chief representative
Singapore was the third-largest importing partner of Bangladesh, with imports amounting to about US$2.4 billion.
HSBC opens new head office in Singapore’s MBFC
The new premises are digitally enabled and support new hybrid ways of working for HSBC’s 4,000-strong local workforce.