Singapore's biggest bank has withdrawn an application to start talks to buy as much as 49% of Alliance Bank Malaysia Bhd, replacing it with one to acquire up to 30% instead, people with knowledge of ...
Singapore’s DBS is said to revise Malaysia’s Alliance Bank proposal to 30%
Singapore largest bank DBS Group revised its Alliance Bank proposal to 30 per cent after Malaysian regulators rejected its initial 49 per cent stake request.
Singapore court approves US$2.7 billion 1MDB suit against Standard Chartered
The lawsuit alleges Standard Chartered enabled acts of fraud leading to US$2.7 billion in losses over a decade. The bank plans to appeal.
Singapore’s energy firm Sembcorp plans IPO of Indian unit, says report
Sembcorp's Indian arm, Sembcorp Green Infra, operates businesses in wind, solar and energy storage, and competes with the likes of Adani Green Energy and Avaada Group ...
AI, tariffs and talent: DBS chief Tan Su Shan on steering Singapore’s biggest bank
When Tan Su Shan took over the position of CEO of Singapore’s DBS in March 2025, she was taking on the top role at the largest lender in south-east Asia, an institution with a reputation for banking ...
Singaporean energy firm Sembcorp plans IPO of Indian unit, sources say
Singapore's Temasek-backed Sembcorp Industries has started talks over an initial public offering of its India unit in Mumbai and appointed three investment banks, including Citi and HSBC, three ...
Singapore court clears way for $2.7 billion suit against Standard Chartered over alleged role in 1MDB fraud
A Singapore court has cleared the way for a $2.7 billion lawsuit against Standard Chartered Bank over its alleged role in 1MDB fraud, liquidators seeking to recover the funds said on Monday. Singapore ...
DBS said to revise Alliance Bank offer proposal to 30% stake
It made the decision after failing to get approval for its initial request to buy as much as 49% Read more at The Business Times.
DBS revises Malaysia bank stake plan as regulatory limits shape strategy
DBS seeks approval for a 30% stake in Alliance Bank Malaysia to align with regulatory limits and move the deal forward.
DBS is said to revise Alliance Bank offer proposal to 30% stake
SINGAPORE's biggest bank has withdrawn an application to start talks to buy as much as 49% of Alliance Bank Malaysia Bhd., replacing it with one to acquire up to 30% instead, people with knowledge of ...
Singapore Core Inflation at 1.2% Y/y in October, Higher Than Expected
SINGAPORE (Reuters) -Singapore's key consumer price gauge rose 1.2% in October from a year earlier, official data showed on Monday. The core inflation rate, which excludes private road transport and ...
Scammed while travelling? OCBC rolls out free in-app calls for all customers
Bank says business and retail customers currently make over 8,000 calls to the bank each month while overseas Read more at The Business Times.
OCBC rolls out in-app calls for retail banking customers amid anti-fraud push
The latest move follows a successful roll-out for corporate customers in June. Read more at straitstimes.com. Read more at straitstimes.com.
OCBC steps up anti-scam measures with in-app calling feature
The bank is adding secure in-app calling for both incoming and outgoing calls, helping customers reach the bank safely and verify when the bank is genuinely contacting them.
OCBC Brings In-App Calls to Retail Users to Curb Impersonation Scams
OCBC is rolling out in-app calls for retail users to strengthen verification and curb rising impersonation scams in.
Singapore’s tourism to enjoy near-term tailwinds from China trip cancellations: DBS
Currently, China is Singapore’s largest visitor source that accounts for about 20% of tourist arrivals. DBS believes that the substitution effects will tend to favour short-haul, high-frequency ...