According to a report released by UOB's Global Economics & Market Research Unit released on July 8, Vietnam’s real GDP grew by a robust 7.96% year-on-year in the second quarter of 2025, significantly ...
Former OCBC staff in Singapore allegedly took over S$760,000, paid own credit card bills with stolen funds
SINGAPORE, July 8 — A bank officer who allegedly misappropriated over S$760,000 (RM2.5 million) through unauthorised fund transfers and credit card payments was charged in Singapore today with ...
Great Eastern Holdings update: OCBC, the Wongs and SGX are winners
Great Eastern Holdings set to resume trading following EGM where 36% of shares of shareholders who voted in person or by proxy voted against delisting.
Former bank officer charged with transferring $600k from client’s account
Goi Wee Shien, 43, was handed 16 charges over cheating, money laundering and forgery, among other offences. Read more at straitstimes.com. Read more at straitstimes.com.
Stonepeak in talks to invest in Warburg-backed Princeton
The US infrastructure investor may seek to invest more than US$1 billion in Singapore-based Princeton Digital via a structured equity deal.
OCBC Targets S$5 Billion in Serial Entrepreneur Loans by 2028, Broadens Regional Reach
OCBC to increase its financing for serial entrepreneurs to S$5 billion by 2028, expanding a programme first launched in Singapore in 2019.
Stocks to watch: OCBC, SIA, SGX, GuocoLand, China Aviation Oil, Del Monte Pacific
SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 8): Read more at The Business Times.
NTT DC REIT seeks to raise US$773 mil in IPO, GIC to be substantial unit holder
The REIT will have over 1 billion units, and is set to be the largest REIT IPO on the SGX in more than a decade.
Standard Chartered faces $2.7 billion 1MDB lawsuit
The post Standard Chartered faces $2.7 billion 1MDB lawsuit appeared first on Self Employed.
OCBC raises loan fund size to $5b and covers more territories in boost for serial entrepreneurs
It is extending its cash line beyond Singapore to Malaysia, Indonesia and Hong Kong. Read more at straitstimes.com. Read more at straitstimes.com.
OCBC to support serial entrepreneurs with $5 bil in loans by 2028
According to the bank, one in five entrepreneurs set up a second company a year after establishing their first, while most entrepreneurs set up a second company three years after their first.
UOB acknowledges penalty for anti-money laundering breaches
Two of its employees were reprimanded, it said in an SGX statement. United Overseas Bank Limited (UOB) said that it accepts the Singapore central bank’s decision to impose regulatory actions against ...
OCBC targets S$5 billion in loans to serial entrepreneurs by 2028
SINGAPORE] OCBC is aiming to extend an additional S$3.5 billion in loans to serial entrepreneurs in its core markets by 2028. Read more at The Business Times.
Singapore penalises nine financial institutions for AML breaches
In total, MAS has imposed composition penalties amounting to S$27.45m ($21.4m) on the FIs for violations of AML and CFT requirements.
Singapore makes big strides in the capital markets space
From digital asset pilot schemes to stock exchange linkages, Singapore has launched a number of new initiatives in the capital markets ...
UK and Singapore Explore Joint Developments in AI, Tokenisation and ESG
The 10th UK-Singapore Financial Dialogue discussed cooperation across digital finance, sustainable finance, capital markets, and more ...