Singapore is a regional hub for Asia's financial services community and is growing in importance as that sector considers China's increasing influence in Hong Kong. Few major finance industry players ...
Singapore to invest up to S$100 million to boost fibre network to 10Gbps; upgrade to start from mid-2024
SINGAPORE: The nationwide broadband network will undergo an ... access to speeds of up to 10Gbps in the second half of this decade, said Mr Wong, who is also Finance Minister. The speed would be 10 ...
Singapore to invest up to S$100 million in 10 Gbps fibre network upgrade
This will support maintaining Singapore’s global competitiveness and unlocking further economic opportunities.” IMDA’s investment is in line with Finance Minister Lawrence Wong’s announcement last ...
Hong Kong bankers earn up to 46 per cent more than Singapore peers
FINANCE and technology professionals are generally better paid in Hong Kong than in Singapore, with investment-banking analysts earning 46 per cent more than in the South-east Asian city-state, ...
SIC raps A&G, DBS for whitewash bungle, but it was Mapletree sponsor that gave sweeter terms
FOR many investors, the most significant aspect of the merger of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) nearly two years ago was the intervention of their ...
Accused in $3 billion money laundering case handed six new charges related to forgery
As for the new forgery charges, court documents showed that Chen had in or around July 2021, allegedly instigated a person named Yin Hang Liu Shui Dian Hua, to make two false income certificates with ...
HSBC to roll out new bonus scheme for junior staff: reports
HSBC Holdings appears to be taking a more transparent approach ... The programme has so far been implemented externally in Hong Kong and Singapore, but it is already available internally in already ...
ST School Pocket Money Fund among causes to benefit from over $2.2m raised at UOB’s CNY fund-raiser
SINGAPORE – UOB and its commercial banking clients raised more than $2.2 million for art, children’s and educational causes as part of the bank’s annual Chinese New Year festive celebrations. The ...
Singapore Market closes 0.56% higher
At closing bell, the Straits Times Index (STI) index was up 18.15 points, or 0.56%, to 3,244.06 after trading between 3,244.06 and 3,219.52. Volume of 1.93 billion shares worth S$978.65 million ...
OCBC to give 4,600 junior staff in Singapore S$1,000 each to cope with rising cost of living
OCBC will give a one-off payout of S$1,000 each to about 4,600 junior employees in Singapore to help them “better cope with rising cost-of-living concerns”, the bank announced on Tuesday (Feb 20).
OCBC to give 4,600 junior employees in Singapore one-off payment to cope with cost of living concerns
SINGAPORE: OCBC bank is giving 4,600 junior employees in Singapore S$1,000 (US$743) each to help them better cope with rising cost-of-living concerns. The payout is part of a one-off support for close ...
4,600 junior OCBC staff getting $1,000 as help to cope with rising living costs
A total of 4,600 junior OCBC Group employees in Singapore are getting a $1,000 payout aimed at cushioning the rise in living costs. Read more at straitstimes.com.
Singapore stocks rise after China cuts mortgage reference rate, STI up 0.6%
Hong Kong’s Hang Seng Index appeared to be buoyed by the news, rising 0.6 per cent. However, South Korea’s Kospi fell 0.8 per cent, while Japan’s Nikkei 225 was down by 0.3 per cent. On the STI, ...
Yinson mulls US$1 bil funding round for unit before IPO, sources say
The Kuala Lumpur-listed company is working with a financial adviser on the fundraising for Yinson Production Offshore Pte.
Singapore, Hong Kong Spac failures highlight thwarted ambitions
Singapore may have beaten Hong Kong to listing the first Spacs in January 2022, but Mak called that victory “hollow”. Three Spacs — Vertex Technology Acquisition, Novo Tellus Alpha Acquisition and ...
Money laundering accused faces six new charges for alleged forgery and conspiracy to cheat StanChart
CAMBODIAN passport holder Chen Qingyuan, one of the 10 foreign nationals involved in the S$3 billion money laundering case in Singapore, was on Tuesday (Feb 20) slapped with six new charges. Read more ...