DBS Group Holdings CEO Piyush Gupta has seen his FY2023 pay cut by around 27%, even as the bank reported record earnings of more than $10 billion. For FY2023, he received a total remuneration package ...
Agoda partners with DBS and launches new rewards points redemption feature
SINGAPORE, March 6, 2024 /PRNewswire/ -- Digital travel platform Agoda has announced its partnership with DBS, a leading financial services group, to offer a new reward points redemption system ...
Singapore’s Temasek in Talks to Invest in OpenAI Amid Its $5T AI Chip Project
Singapore state-owned investment firm Temasek Holdings is reportedly in talks to invest in OpenAI, the AI development firm behind ChatGPT. Financial Times reported Tuesday, citing sources that said ...
How Shein’s US IPO Became Endangered by China Rift
US investors are facing the growing risk of losing out on Shein’s potentially huge initial public offering, as the fast-fashion giant with Chinese roots considers holding it in London instead.
Chinese fast fashion brand Shein could have its wings clipped before it IPOs as France mulls 50% tariff and U.K. retailers call for closure of tax loophole
French lawmakers want to tax fast fashion's environmental harms, while U.K. retailers want the government to close Shein's parcel loophole.
Olam Group’s Singapore-Saudi dual IPO plan for agri unit delayed again
Olam Group said the delay was due to the regulatory framework still being finalised in Saudi Arabia to enable the listing of foreign companies.
Dubai’s Parkin sets IPO price range of up to 2.1 dirhams per share
DUBAI, March 5 (Reuters) - Dubai's Parkin, which oversees public parking operations in the emirate, has set the price for its planned initial public offering (IPO) at 2 to 2.1 dirhams ... from top ...
Mobile-Health Network Solutions Finalizes U.S. IPO Terms
Mobile-Health Network Solutions has filed for an IPO to raise $10.125 million. The company provides a telehealth platform and related services in Singapore. Due to a number of risks, mediocre growth ...
Asia seeks 2024 redemption for IPOs
2023 was a testing time for many of Asia's stock markets through a combination of weak performance and a lack of IPOs. FA looks at what went wrong ... others including China, Hong Kong, Singapore and ...
OCBC Cycle returns in May with new category for foldable bikes
THIS year’s OCBC Cycle – the largest cycling event in Singapore – will take place over the weekend of May 11-12 with a new 40 km category for foldable bikes. Read more at The Business Times.
Standard Chartered Bank names Sanjay Gurjar as co-head of client coverage
Standard Chartered Bank India appoints Sanjay Gurjar as Co-Head of Client Coverage for Corporate, Commercial, and Institutional Banking.
OCBC Cycle 2024: SEA Championship returns for first time since COVID pandemic, while The Foldie Ride makes debut
This year's OCBC Cycle will see the Speedway SEA Championship return for the first time since the COVID-19 pandemic, with nine teams from Southeast Asia competing at the annual mass cycling event on ...
OCBC Cycle back for 16th edition with new 40km Foldie Ride
Nearly 24 hours before the launch of the OCBC Cycle 2024, cycling enthusiasts Jeffrey Chung, Jimmy Cheng and Phillip Ong were in the queu Feb ...
“Through 2024, we will start to see public markets staging a comeback” – UOB’s Edmund Leong
In an exclusive interaction, UOB’s head of group investment banking, Edmund Leong provides deeper insights into the bank’s approaches on M&A, trends in fixed income, sustainability, and the Singapore ...
Singapore stocks end lower, tracking Wall Street losses
SINGAPORE - Shares in Singapore ended lower on March 5, tracking losses on Wall Street. The benchmark Straits Times Index (STI) was down 0.5 per cent or 15.11 points to 3,107.1. Across the broader ...
Exclusive: Singapore’s Temasek shortlists Saudi Aramco, Shell in sale of Pavilion Energy assets, sources say
SINGAPORE/LONDON, March 5 (Reuters ... The sale process comes a decade after the state investment firm set up Pavilion Energy to focus on LNG-related investments, and takes place as spot Asian LNG ...