HSBC's insurance arm plans to buy the Singapore insurance business of its French rival AXA for US$575 million as it strengthens its focus on growth opportunities in Asia, particularly among the region ... ( read original story ...)
HSBC Buys AXA Singapore for $575 Million to Grow Asia Wealth
HSBC Holdings Plc agreed to buy AXA Singapore for $575 million in a push to build a global wealth hub in Singapore and fuel its expansion across Southeast Asia amid increasing tension in China.The ... ( read original story ...)
HSBC in agreement to buy AXA Singapore for $780 million
AXA Singapore is currently the eighth-largest life insurer in Singapore by annualised new premiums. . Read more at straitstimes.com. ( read original story ...)
HSBC grows Singapore wealth focus with Axa deal
HSBC has agreed to buy Axa’s insurance business in Singapore as Europe’s largest lender accelerates its investment in Asia as part of a years-long “pivot” to the region. The UK-based bank said on ... ( read original story ...)
HSBC snaps up Axa’s Singapore insurance assets for US$575mil in Asia expansion
HSBC Holdings agreed to acquire French insurer Axa's Singapore assets for US$575 million, part of its strategy of scaling up its wealth-management business in Asia and boosting fee income. ( read original story ...)
HSBC to buy Axa’s insurance assets in Singapore for $575 million
HSBC said on Monday it had agreed to acquire Axa’s insurance assets in Singapore for $575 million as it scales up its insurance business. “The proposed acquisition, which is subject to regulatory ... ( read original story ...)
Business Insight: What do I need to know about establishing a non-profit in Singapore?
Produced by SilverKris for HC Consultancy* Singapore is known around the world as a business powerhouse, home to international institutions, MNCs and a thriving start-up scene. But the Little Red Dot ... ( read original story ...)
Singapore’s Olam picks London to float ingredients arm
LONDON: Olam International, the Singapore-based agricultural trading house, said on Friday (Aug 13) that it plans to list its food ingredients business on the London stock market next year. Tapping ... ( read original story ...)
2 men arrested by S’pore Customs, 673 bottles of contraband liquor, equipment seized
SINGAPORE - Two Chinese nationals were arrested by Singapore Customs, following an operation on Aug 6 that seized more than 670 bottles and 30 jerry cans of illegally produced liquor.. Read more at ... ( read original story ...)
Know These 6 Crucial Things Before You Set Up A New Business In Singapore
Starting a new business can be both exciting and nerve-wracking. There’s a lot of preparation that needs to be done so that everything goes well. Setting up a business in Singapore is no different. ( read original story ...)
Singapore’s richest tycoons ranked by Forbes see fortunes rise 25 per cent in a year as coronavirus boosts tech start-ups
The combined net worth of Singapore’s 50 richest people jumped to US$208 billion as of July 26, up from US$167 billion a year ago, the 2021 Forbes’ Singapore Rich List revealed. ( read original story ...)
Singapore to deepen investments in Nigeria, others
Singapore is looking at deepening its economic ties with Nigeria and other West African countries as its enterprises promise to increase ... ( read original story ...)
Singapore’s 50 Richest On Forbes List See Collective Wealth Rise 25%
Amid a rebounding stock market and economy, 36 tycoons on the 2021 Forbes’ Singapore Rich List saw their fortunes rise. This year the list has 42 fortunes worth US$1 billion or more. ( read original story ...)
Singapore-based World’s First Online Diamond Marketplace LUXIEE Secures Finance Facility of Up to SGD5 Million
LUXIEE, a Singapore-based start-up, has secured a round of financing of up to SGD $5 million from a family office that is locally headquartered. The funds will enable the e-commerce platform ... ( read original story ...)
Singapore’s Wealth Creation: Strong GDP Rebound Expected Amid Record-High Budget Deficit
The GDP growth of the city-state this year is forecast to surpass pre-pandemic levels, despite its government recording the largest budget deficit in the sovereign state’s history last year. ( read original story ...)
Better-than-expected Q2 GDP lifts hopes of faster Singapore growth though Delta variant threat lingers
The bulk of growth came from manufacturing, which expanded by 17.7 per cent year on year.. Read more at straitstimes.com. ( read original story ...)