The deal to buy Continuum Green Energy (India), a clean energy platform founded by Arvind Bansal and Vikash Saraf in 2009. may have an enterprise value of $1.5 billion.
Chinese tourists remain key to full recovery of Asean region’s tourism sector: DBS
Signs of a slowdown in electronics/ semiconductors from South Korea and Taiwan are less than comforting.” Over the medium-term, Asean looks set to make continued progress in trade integration with the ...
DBS makes key leadership changes for institutional banking business
Joyce Tee, now group head of SME banking, to head the institutional banking group for DBS China. Read more at straitstimes.com.
Singapore Shares May Run Out Of Steam On Thursday
The Singapore stock market has ticked higher in consecutive trading days, collecting almost 10 points or 0.3 percent along the way.
Singapore’s 2023 Budget statement to be delivered in Parliament on Feb 14
SINGAPORE: Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore's 2023 Budget statement in Parliament on Feb 14, 2023, the Ministry of Finance (MOF) said on Thursday ...
NSF participates in loanshark scam, then escapes to Batam
SINGAPORE - A full-time national serviceman with the Singapore Civil Defence Force was on probation over a Covid-19-related offence when he opened two bank accounts which others later used to receive ...
‘LVB integration complete; DBS now looks for growth’
In an interview, Shome clarified that it would take another 18 months for the bank to shed the impact of the amalgamation on profitability.
Mercatus confirms sale of Singapore malls to Link Reit for S$2.16 billion
Asia’s biggest Reit, will buy a portfolio of assets from Singapore shopping mall owner NTUC Enterprise Co-operative for S$2.16 billion, NTUC unit Mercatus Co-operative confirmed on Wednesday (Dec 28).
UOB Kay Hian’s ban from IPO, RTO sponsor activities significant but unsurprising: market watchers
UOB Kay Hian’s (UOBKH) ban from new issue and sponsor activities is a significant one, but comes as no surprise to market watchers polled by The Business Times. Read more at The Business Times.
Mercatus confirms sale of Singapore malls to Link Reit for S$2.16b
Asia’s biggest Reit, will buy a portfolio of assets from Singapore shopping mall owner NTUC Enterprise Co-operative for S$2.16 billion, NTUC unit Mercatus Co-operative confirmed on Wednesday (Dec 28).
Penny stock crash mastermind John Soh gets 36 years’ jail, Quah Su-Ling sentenced to 20 years
Singapore’s most audacious market manipulation case wiped out nearly $8 billion in market value in 2013. Read more at straitstimes.com.
UOBKH’s ban from IPO, RTO sponsor activities significant but unsurprising: market watchers
UOB Kay Hian’s (UOBKH) ban from new issue and sponsor activities is a significant one, but comes as no surprise to market watchers polled by The Business Times. Read more at The Business Times.
Latest Singapore Savings Bond gets lukewarm interest
SINGAPORE Savings Bonds (SSBs) allotted on Wednesday (Dec 28) were marginally oversubscribed, with investors applying for up to S$172,500 being fully allotted in an issuance that offers less ...
Malaysian Behind Singapore Penny-stocks Scam Jailed For 36 Years
A Malaysian businessman convicted of masterminding a stock scam that wiped US$5.8 billion off Singapore's exchange was sentenced on Wednesday to 36 years in jail by a court in the city-state.
Sixteen Singapore mosques participate in pilot investment programme
Sixteen mosques in the western part of Singapore have signed up to participate in a pilot programme to invest their reserves in order for them to be financially resilient ...
The ride ahead for finance and accounting in 2023 amidst a conservative outlook
Finance & Accounting (F&A) professionals are once again caught in the eye of the storm. Being the designated financial guardians, they play a critical role in helping their organisations navigate ...