I'm thinking about Elizabeth Holmes' conviction in the Theranos fraud trial when contemplating the market caps of online travel companies. ( read original story ...)
Long queues at banks, pop-up ATMs for new Chinese New Year notes
SINGAPORE - Long queues of mostly elderly people were seen outside banks and pop-up ATMs for the collection of new dollar notes ahead of the Chinese New Year which falls on Feb 1. . Read more at ... ( read original story ...)
HSBC Hires CIMB’s Omar Siddiq as CEO of Malaysian Unit
HSBC Holdings Plc has hired Omar Siddiq from CIMB Group Holdings Bhd. to head its Malaysian unit, according to people with knowledge of the matter.Most Read from BloombergCypriot Scientist Says ... ( read original story ...)
Hong Kong expats are relocating at a faster pace than before, but Singapore isn’t their only destination
While some jobs and expats in law and banking are heading to Singapore, the city state is facing domestic demands to prioritise local workers. ( read original story ...)
Man in SG jailed, fined for receiving money stolen by scammers and transferring it to Malaysian accounts
A Malaysian man received into his bank account money stolen from scam victims and transferred it to another bank account in Malaysia. ( read original story ...)
Initiated Investment in a Foreign Bank With Local Presence
Oversea-Chinese Banking Corporation Limited (SGX:O39) and United Overseas Bank Limited (SGX: U11) have their share prices ... ( read original story ...)
Singapore Airlines to borrow up to $1.02b through the issue of bonds
SINGAPORE - In a move to raise fresh funds before interest rates spike later this year, Singapore Airlines (SIA) is borrowing up to US$750 million (S$1.02 billion) via the issue of bonds. The US ... ( read original story ...)
Singapore Stock Market Has Another Green Light For Wednesday
The Singapore stock market has finished higher in four straight sessions, collecting more than 80 points or 2.5 percent along the way. The Straits Times Index now sits just beneath the 3,250-point ... ( read original story ...)
Parliament passes laws for eligible convicts to work outside prison and be home on selected days
Ensuring prisoners are not exploited in their work and they are paid fair wages were part of the debate in Parliament on Tuesday (Jan 11) in relation to changes to the Prisons Bill. ( read original story ...)
MPs call for greater effort to reintegrate ex-inmates, find ‘meaningful’ employment as stigma remains ‘prevalent’
SINGAPORE: A Bill to allow prison inmates to take on skills training and education outside prison, in addition to working, towards the tail-end of their sentence was passed in Parliament on Tuesday ... ( read original story ...)
Singapore IPO Tikams for 2020 and 2021
I realized that I “missed out” on the Singapore IPO Tikams in 2020, and the last post was written in 2019 where I made a grand zero dollars that year. You can assess all the prior ... ( read original story ...)
Shujaa intensify preparations for the HSBC World Seven’s Series
The Kenya Rugby National Men’s Sevens team, Shujaa has intensified their preparations as they continue with their training at the Kasarani National stadium ahead of the two Spanish legs of the HSBC ... ( read original story ...)
Can banks reposition themselves as fintech stocks?
As legacy banks plough billions into fintech, their valuations – especially compared to standalone fintech players – are far from seeing the desired benefit. Spin-offs and subsidiary IPOs are part a ... ( read original story ...)
Man jailed, fined for receiving money stolen by scammers and transferring it to Malaysian accounts
A Malaysian man received into his bank account money stolen from scam victims and transferred it to another bank account in Malaysia. Ong Wei Chyuan, 29, on Monday (Jan 10) pleaded guilty to an ... ( read original story ...)
Fraud victims often have to bear burden of funds lost if they gave scammers bank details: Lawyers
SINGAPORE - Victims misled into giving out their banking details in phishing scams are often responsible for the funds lost, especially if bank information technology systems are up to mark and not ... ( read original story ...)
These 5 Blue-Chip Singapore Stocks Could Increase Dividends in 2022
If you're looking for solid blue-chip businesses, here are five that could increase their dividends this year. The post These 5 Blue-Chip Singapore Stocks Could Increase Dividends in 2022 appeared ... ( read original story ...)