SINGAPORE (THE BUSINESS TIMES)- The chief executives of Singapore’s banking trio drew lower salaries in 2020 as the pandemic took a bite out of banks’ earnings last year. Outgoing OCBC chief Samuel ... ( read original story ...)
DBS, OCBC and UOB CEOs saw pay cuts between 8% to 24% for FY20
The CEOs for the three biggest banks in Singapore saw pay cuts ranging from 8.2% to 24.3% for the FY2020 ended December, in tandem with lower earnings reported for the period amidst the Covid-19 ... ( read original story ...)
Where to get an IPO? asks Every Tech Unicorn
There public markets are affluent and investors are normally well informed into tech and regulations, which are way more complicated. This is a kind of problem for India. There must a portion of the ... ( read original story ...)
Singapore firm in talks with LGUs, PPP Center for projects
“We are going to have a meeting with the Asian Development Bank. We are going to engage with the PPP Center and close to 15 LGUs to talk about waste again,” Seth Tan, executive director of ... ( read original story ...)
Singapore Stock Exchange to Open Office at Gujarat International Finance Tec-City
Singapore Stock Exchange (SGX) will be establishing its offshore office at Gujarat International Finance Tec-City (GIFT-City) in Gandhinagar, an official release said on Monday. Singapore's High ... ( read original story ...)
Singapore court delays decision on Hin Leong founder’s assets freeze, sources say
A ruling on a request to freeze the assets of Lim Oon Kuin and his two children following the collapse of Lim's oil trading firm Hin Leong Trading Pte Ltd will be made at a later date, following a ... ( read original story ...)
Asian markets mostly rise after forecast-busting US jobs data
Tokyo, Seoul, Singapore and Manila were all in positive territory ... "We are not doubting the market's expectations of strong US economic momentum," Eric Robertsen, of Standard Chartered Bank, said. ... ( read original story ...)
Employees, companies adjust as more return to the workplace
SINGAPORE: Despite having worked with his current employer for almost a year, it was Mr Ariff Ab Bakar's first time meeting his colleagues - in ... ( read original story ...)
Green Pulse Podcast: Green Finance 101 – Directing capital to meet climate goals
The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.. Read more at straitstimes.com. ( read original story ...)
Singapore’s DBS Bank to focus on India and China for growth
Singapore DBS Bank which acquired India Lakshmi Vilas Bank LVB last November plans to accelerate its business by doubling down on growth markets of Indi ... ( read original story ...)
Jana Small Finance Bank files for IPO, to raise Rs 700 crore
Jana SFB has filed preliminary papers with SEBI to float an initial share-sale. Jana SFB IPO comprises fresh issuance of equity shares worth Rs 700 crore. ( read original story ...)
Neo-banking Startup StashFin Raises $40 Mn In Series B Extension Round
The platform will use the funds to pursue neo-banking across South Asia, double down on its plan to grow in existing markets, and strengthen the customer platform for local languages Singapore-based ... ( read original story ...)
OCBC CEO Samuel Tsien’s pay falls 22.5% to $8.6m in 2020
Outgoing OCBC chief Samuel Tsien took home a total salary of $8.6 million in 2020, about 22.5 per cent lower than $11.1 million in 2019, the bank's annual report showed on Monday (April 5).. Read more ... ( read original story ...)
In a year of lockdown, Singapore’s food delivery apps may have cost users 9% to 20% extra per order
For example, the POSB Everyday Card offers an 8per cent rebate when you use it to pay for online food delivery and dining. We simulated 60 orders from 20 restaurants in Singapore across GrabFood, ... ( read original story ...)
Singapore stock preview: DBS Group, Keppel, Thai Beverage
DBS announced last Thursday (01 April 2021 ... opportunities predominantly in commercial real estate in key cities in Japan and China, as well as in Singapore. ‘The abovementioned separate account ... ( read original story ...)
All You Need To Know Going Into Trade On April 5
The Singapore-traded SGX Nifty ... s expectations of strong U.S. economic momentum,” said Eric Robertsen, chief strategist at Standard Chartered Bank, in a client note. “But the market has also priced ... ( read original story ...)