Chairman emeritus of United Overseas Bank (UOB) Wee Cho Yaw passed away at the age 95. According to Lianhe Zaobao, he died at around 1 am on Saturday (Feb. 3). UOB was co-founded by his father, Wee ...
Mr. Li Kaiyang, the former Chief Executive Officer of CMB International (Singapore), has assumed the role of Chief Executive Officer at SGTOX.
During the period from 2000 to 2006, Mr. Li Kaiyang contributed to the field of wealth management and asset management at OUB and HSBC Bank (Singapore). His proven capabilities span different cultural ...
Singapore Institute of Advanced Medicine Holdings to IPO on Catalist Board at 23 cents per share
Singapore Institute of Advanced Medicine Holdings to list on Catalist Board of SGX. IPO price at 23 cents per share.
Maid spends S$15.5K that was wrongly deposited into her POSB account by insurance company
In early November, an Indonesian helper who withdrew S$88,600 from the bank account of the 95-year-old father of her employer received a 15-month jail sentence after she was found guilty of one count ...
Singapore stocks track Wall St gains to end higher on Friday; STI up 1.2%
SINGAPORE shares ended the week higher on Friday (Feb 2), tracking gains on Wall Street. Read more at The Business Times.
DBS to form new merged business group with banking veteran’s retirement
DBS is merging its treasury markets, equity capital markets, brokerage and digital exchange. Read more at straitstimes.com.
5 S’porean millennials share personal finance tips for Gen Zs who are entering the workforce
Finishing school and entering the workforce is a significant milestone for most young Singaporeans. Apart from being able to earn your own keep, starting work is also one of the many markers of ...
Banking giant UBS considering cutting 90 jobs mostly in Singapore and China
The jobs to be eliminated may include about 25 relationship managers and supporting roles in the investment and solutions teams ...
UOB, China trade body renew partnership to boost Sino-Asean investment, trade flows
LOCAL bank UOB and the China Council for the Promotion of International Trade (CCPIT) on Wednesday (Jan 31) inked an enhanced memorandum of understanding to boost foreign investment and trade flows ...
Spanish Galleons in Singapore Tell Powerful Trade Story
Don’t fret about the fragmentation of the world economy. Trade routes have had their ups and downs for centuries.
STT GDC lines up investors for $1bn fundraise ahead of IPO
According to Bloomberg, several private equity funds have been selected to make binding bids to join the funding round. These include Apollo, Blackstone, and Stonepeak Partners, while a consortium of ...
Woman, 21, pleads guilty to failing to report rape of unconscious friend, opening bank accounts for scammers
Despite knowing that her friend had been raped while unconscious by one of her colleagues during a drunken hotel staycation, a woman did not make a police report of the crime.
Standard Chartered: Better Looking Banks Elsewhere
Standard Chartered shares dropped 19% since September 2023, raising concerns about the future of banking. See why we believe SCBFF stock is a sell.
China vows to cut illicit flows as Singapore remittances get stuck
China vowed to step up cooperation with Singapore to crack down on cross-border money laundering crimes, highlighting its concerns about illicit flows in the region.
AXS taps Aleta Planet to launch remittance service through UnionPay
Singapore’s Leading Payment Service Provider AXS has entered into a strategic partnership with Aleta Planet to provide remittance services to China, in the first major solution to help consumers plug ...
Maid jailed for spending over S$15,000 that was wrongly transferred to her by insurance company
By the time DBS Bank contacted her to return the money, she had already spent most of it on her own expenses, including a trip to her hometown.