Analyst Jonathan Koh says the REIT will benefit from increased contributions from Grand Copthorne Waterfront Hotel in 2HFY2023.
DBS chief says China pessimism not ‘overdone’ but upbeat about India prospects
DBS Group chief executive Piyush Gupta said current widespread pessimism about China’s economy was not “overdone” but he was upbeat about India, where the bank plans to triple its business in the next ...
DBS chief says wealth management business benefiting from inflows
DBS Group's wealth management business has benefited from inflows from across Asia, the Middle East and European regions recently, Chief Executive Piyush Gupta said on Thursday.
MOM officer gets jail for illegally obtaining co-workers’ salary details through ex-colleague from DBS
SINGAPORE: A Ministry of Manpower (MOM) officer who had asked an ex-colleague from DBS Bank to access the salary information of MOM colleagues was jailed for five weeks on Thursday (Sep 14).
Singapore businesses continue to face challenges from elevated wage cost pressures: DBS
This is on the back of a tight labour market spurred by the post-pandemic recovery and competition for talent.
Singapore’s Bayfront prices $410 million infrastructure asset-backed securities
(Reuters) - Singapore-based Bayfront Infrastructure Management has ... it added. Asian Infrastructure Investment Bank (AIIB), one of the world’s largest multilateral development institutions, ...
Tiger Brokers affiliate, Tiger Fund Management, launches in Singapore with $300 mil AUM
Tiger Fund Management will offer asset management products and wealth management services to individuals and businesses.
Singapore’s central bank imposes 9-year ban on Three Arrows founders
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has imposed nine-year prohibition orders on Kyle Davies and Zhu Su, co-founders of the crypto hedge fund Three Arrows Capital (3AC) ...
Singapore Central Bank Bans Zhu, Davies Over Three Arrows
Singapore’s central bank imposed nine-year prohibition orders on Su Zhu and Kyle Davies for transgressions at their collapsed crypto hedge fund Three Arrows Capital.The orders from the city-state’s ...
RIL shares in focus on report Reliance Retail in talks with Gulf, Singapore funds for $1.5 billion investments
Reliance Industries this week said global investment firm KKR, through an affiliate, will invest Rs 2,070 crore into RRVL and increase its stake to 1.42 per cent. The investment valued RRVL at a ...
SGX total securities market down by 2.88% y-o-y to $23.6 bil in August
For the first eight months of the year, the STI’s total return stands at 3.8%. The Singapore stock market saw net institutional inflow of $408 million and net retail inflow of $600 million in August.
Singapore Bourse May Hand Back Wednesday’s Gains
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of ...
Singapore proptech company Simpple prices IPO shares at US$5.25 apiece
PROPTECH company Simpple has priced some 1.6 million ordinary shares for its initial public offering (IPO) at US$5.25 apiece. Read more at The Business Times.
Wealthy here should contribute to society, adhere to Singapore’s norms: DPM Wong
THE wealthy who park their funds in Singapore should contribute to society through taxes and philanthropy, and adhere to the country’s norms against ostentatious displays of wealth, said Deputy Prime ...
SC quashes criminal proceedings against DBS Bank, says allowing prosecution will be travesty of justice
The Supreme Court has quashed criminal proceedings against the DBS bank in a case of alleged misappropriation of fixed deposits, observing that allowing its prosecution will amount to travesty of just ...
Reliance Retail in talks with Gulf, Singapore funds for $1.5-bn investment: Report
Mukesh Ambani-controlled Reliance Retail is reportedly in talks with existing investors including the sovereign wealth funds of Singapore, Abu Dhabi and Saudi Arabia for another round of investments ...