Thomson Medical Group has agreed to buy hospital operator Far East Medical Vietnam as the Singapore-based healthcare company expands its footprint across Southeast Asia.
Citi to launch new commercial banking digital platform in Singapore
Citi has launched CitiDirect Commercial Banking, bringing together its products and services into a single digital platform to address the needs of Citi Commercial Bank (CCB) clients. Currently live ...
5 Takeaways From Temasek’s FY2023 Performance (And How To Apply It To Our Investments Amid High Interest Rates, Global Uncertainties)
What should you do with your investments while the world grapples with stubborn high inflation? Singapore investment company Temasek’s global direct investments saw a reversal of gains from the high ...
S$8m malware scams: 5 people aged 16 to 28 to be charged with giving Singpass, bank accounts for proceeds laundering
Five people aged 16 to 28 will be charged on Wednesday (July 12) for their suspected involvement in money laundering activities linked to banking-related phishing scams involving malware where victims ...
UOB to close Myanmar Airways International bank accounts by Aug 15
The airline has been asked to stop using the bank for outward transactions by July 21. Read more at straitstimes.com.
Thief grabs $600 that elderly woman withdrew from Tampines ATM, durian vendor grabs his neck
A durian vendor went to the rescue of an elderly woman when she was robbed of $600. Read more at stomp.straitstimes.com ...
Singapore’s Temasek says it’s not looking to invest in crypto firms amid current regulatory uncertainties
Singapore's Deputy Prime Minister and Finance Minister Lawrence Wong called the loss "disappointing" and damaging for Singapore's reputation. In May, Temasek then announced it is cutting the salaries ...
Singapore state investor Temasek posts negative annual return, its first since 2020
Its global direct investments, particularly in technology, healthcare and payments, saw "a reversal of gains" in the 12 months ending March 31 this year.
Singapore’s Temasek reports portfolio value drop, positive on China tech
Singapore investment firm Temasek Holdings (TEM.UL) on Tuesday posted a 5.2% drop in its net portfolio value to S$382 billion ($284.65 billion) in the financial year that ended in March.
Can Foreigners Overseas Open a Singapore Bank Account 100% Digitally?
Say goodbye to endless paperwork and long queues at bank branches—OCBC has become the first bank in Singapore to fully digitalise the account opening process for foreigners. That means foreigners ...
Man grabs $600 that elderly woman withdrew from Tampines ATM, durian vendor grabs man’s neck
A durian vendor went to the rescue of an elderly woman when she was robbed of $600. Read more at stomp.straitstimes.com ...
Interest Rates and Returns for Singapore Savings Bonds (SSB) in July 2023
In recent months, the interest rate and therefore returns of the Singapore Savings Bond (SSB) have been at record highs. Should you buy the SSB? Read on as we delve deeper into the Singapore Savings ...
UOB to close Myanmar Airways International’s bank accounts by Aug 15
The airline has been asked to stop using the bank for outward transactions by July 21. Read more at straitstimes.com.
DBS sells 77.8% stake in AXS to private equity firm Tower Capital Asia
DBS has entered into an agreement to sell a 77.8 per cent stake in AXS to Tower Capital Asia in August 2023. How much will its minority stake be?
Singapore-based medical firm Genesis MedTech weighs up to US$500 million HK IPO: sources
GENESIS MedTech Group, a medical device company, has selected advisers for a potential initial public offering (IPO) in Hong Kong, according to people familiar with the matter. Read more at The ...
Citi to Pilot Digital Platform for Commercial Banking Clients in Singapore, India, HK
Citi announced that it will pilot its new platform in the second half of 2023 across Singapore, India, Hong Kong, and the U.K.