DDB Group Singapore has promoted Neel Chhaya (pictured) to the role of managing partner. He joins the leadership team and will spearhead the agency's ambitious growth agency. Chhaya will also offer ... ( read original story ...)
Singapore tax authority publishes advance ruling on tax treatment of gains from disposal of shares
Sivakumar Saravan and Liew Kin Meng of Crowe Singapore analyse an advance ruling from the Singapore tax authority on the taxability of gains from the partial disposal of an investment in a subsidiary ... ( read original story ...)
OCBC-NUS study to look into what would make Singaporeans buy electric vehicles
The study will take place over three months and will examine anonymised data from 32,000 OCBC customers. Read more at straitstimes.com. ( read original story ...)
How to Cancel Credit Card: Citibank, DBS, Standard Chartered, and OCBC
The world of credit card benefits is so fickle. Benefits change like the wind – your proudest 8% cashback benefit can get removed anytime. What was once your beloved go-to... The post How to Cancel ... ( read original story ...)
Bulk deals | Government of Singapore, SBI Mutual Fund pick 2% stake in Sona Comstar
In the IPO last year, Singapore VII Topco III had offloaded half of its shareholding in Sona BLW for Rs 5,250 crore. As of June 2022, Singapore VII Topco III PTE holds around 34.12 percent stake in ... ( read original story ...)
Singapore to be Asia’s millionaire capital by 2030 — HSBC report
SINGAPORE will overtake Australia to have Asia’s highest share of millionaires in the adult population by 2030, according to a report by HSBC Holdings Plc. ( read original story ...)
In Depth: SPACs Appear to Lose Shine in Singapore and Hong Kong
Special purpose acquisition companies (SPACs) appear to be losing their luster in Hong Kong and Singapore, after the bloom already came off the rose in the U.S. amid expectations of stricter ... ( read original story ...)
Singapore offshore giant agrees payment deferral
Singapore’s Sembcorp Marine has reached agreement with Borr Drilling to allow its client two more years to make payment for rigs it is constructing. Sembmarine on Thursday confirmed that its wholly ... ( read original story ...)
OCBC CEO on championing sustainability – unveils partnership with NUS for EV adoption study
This will be the nation's largest dedicated study to understand the most effective factors among Singaporeans to adopt EV. ( read original story ...)
Former UOB Kay Hian employee gets prohibition orders for false, unauthorised trading
SINGAPORE: A former UOB Kay Hian (UOBKH) trading representative was issued with prohibition orders by the Monetary Authority of Singapore (MAS) on Thursday (Aug 18) for false and unauthorised tra ... ( read original story ...)
UOB and procure-to-pay platform Doxa collaborate to digitalise finance processes for companies
UOB and Doxa, an online procure-to-pay platform, have partnered up to enable companies to move their procurement and trade financing processes online. Both companies signed a memorandum of ... ( read original story ...)
Singapore International Foundation honoured for boosting S’pore-Indonesia ties over 30 years
Indonesian embassy presented the Adinata Award to SIF at a ceremony to mark the country’s 77th Independence Day. Read more at straitstimes.com. ( read original story ...)
Investment bank behind 32,000% IPO probed by Hong Kong regulator
ATMD Group, the financial group behind an PO that soared by more than 32,000% following its debut, is being probed by Hong Kong's SEC. ( read original story ...)
Singapore will exceed millionaires per population when compared to US, China: HSBC report
Singapore earlier saw 7.5% of its adult population with a wealth of atleast $1.38 million, jump to 9.8% in the year 2025 and later 13.4% in the year 2030. ( read original story ...)
DBS chief Piyush Gupta to take over from Ho Kwon Ping as SMU chairman
After leading Singapore Management University for 25 years, Ho will hand over the reins to Gupta from Jan 12, 2023. Read more at straitstimes.com. ( read original story ...)
How DBS Became the ‘World’s Best Bank’
To win over a new generation of customers, DBS saw that it needed to inhabit the same space as the tech upstarts, leveraging new technologies to take the hassle out of traditional banking. In short, ... ( read original story ...)