Singapore consumers spent $3.4 billion online and in store using BNPL services. Read more at straitstimes.com.
Cheetahs and casinos: Links between environmental crimes, money laundering in Singapore
It added that, so far, there have been no known cases of illicit funds from environmental crimes being passed through casinos in Singapore. But in Laos, a criminal network used a casino to traffic ...
Hong Kong is more entrepreneurial, open and diverse than Singapore, finance chief Paul Chan tells US businesses
Hong Kong is more entrepreneurial, open and diverse than Singapore, the city’s finance chief has told US business leaders during his visit to the country as he looks to lure companies eyeing expansion ...
Singapore’s OCBC investing US$192 million in Hong Kong, Macau to support business growth, CEO Helen Wong says
The Singaporean lender’s digital banking capability will increase substantially and lead to greater use of AI and machine learning in its products and services, CEO Helen Wong says.
Malaysia should explore joint fund with Singapore to develop new semiconductor hub
Malaysia should explore the possibility of setting up a joint investment fund to develop a new semiconductor hub in the Johor-Singapore Special Economic Zone, said Prof Ong Kian Ming. The proposed ...
Yangzijiang steams ahead, but STI dips 6.89 points, in line with Asian market slide
Advancers beat decliners 255 to 311, with $1.3 billion worth of securities changing hands. Read more at straitstimes.com.
Thailand’s new finance minister may steady skittish markets
Thailand's new finance minister has caught investor attention with a more conciliatory approach to the central bank, opening a window for policy coordination to support battered markets. Thailand's ...
Woman, 75, opened bank account on boyfriend’s behalf, received $259k from suspicious sources
Kang Pue Hue got to know one "John Lee Marina" through WhatsApp before she committed her offences. Read more at straitstimes.com.
Singapore’s OCBC to invest more in Greater China despite geopolitical tensions
The reason for the bank to continue investing in Greater China, contrasting with what some western peers have been doing, is that it continues to see great growth potential in the world's ...
OCBC to invest $260 million to grow tech capabilities, office space in Greater China
The bank hopes to seize opportunities from companies that are increasingly looking to South-east Asia. Read more at straitstimes.com.
OCBC doubles down on Greater China growth, aims to invest HK$1.5 billion into its tech and facilities in the region
OCBC is banking on China’s improving economic condition and resultant positive spillovers into Asia as key growth drivers, as it plans further investments into its services across the Greater China ...
OCBC to invest HK$1.5 bil into tech and facilities across Greater China, hire 300 software engineers in China
In addition, Bank of Singapore’s Hong Kong branch aims to grow AUM by 50% by 2026, compared to end-2023 figures.
Hong Kong second-largest contributor to OCBC’s sustainable loan commitments after S’pore
OCBC group CEO Helen Wong stated last May that she will not raise the bank’s sustainable finance loan commitment target further.
Sebi Eases IPO Regulations for Entrepreneurs
Sebi has introduced changes to ease the IPO process, focusing on offer size criteria and flexibility for promoter contributions. Amendments include counting equity shares from convertible securities ...
Haidilao Restaurant Operator Super Hi Prices US IPO at $19.56 Per Share
(Reuters) - Super Hi International, which operates Chinese hotpot restaurant chain Haidilao in the overseas market, on Thursday priced its initial public offering in the United States at $19.56 per ...
Singapore man faces 7 years in prison for making 30 bomb hoax calls to DBS Bank
The Singapore Police Force arrested the man within hours of getting a complaint from DBS; the accused is being charged in court.