About $9.35m of this is a deferred award, of which 17.1% will be in cash. DBS CEO Piyush Gupta earned a total of S$17.58m for 2024. A bulk of this— about $9.35m— is a deferred award, of which 17.1% ...
Singapore semicon companies, including startups, can tap new S$500 million national fab facility by 2027
Singapore semiconductor companies, including startups, will be able to tap the new S$500 million national fabrication facility announced in Budget 2025. Read more at The Business Times.
Singapore ranks fourth in global cross-border investment in 2024
The total investments reached $6.7b. In 2024, Singapore was the fourth most in-demand destination for cross-border investment with total investments reaching $6.7b (U$5b), Knight Frank reported.
GXS taps Thoughtworks to power digital bank launch in Southeast Asia
Thoughtworks helped the bank design a modular technology that facilitates rapid scaling across different markets.
CNA938 Rewind – Wealth Wise – What can we expect from the Johor-Singapore Special Economic Zone
A collaboration between Malaysia and Singapore is set to create an exciting economic corridor. Singapore Today's Lance Alexander takes a closer look at the Johor-Singapore Special Economic Zone, with ...
OCBC’s Iris Ng champions SMEs, green financing
The banker worked on making capital loans more accessible to SMEs through embedded finance. Iris Ng’s two-decade journey to become managing director and head of emerging business for global commercial ...
Singapore to invest S$1 billion in Changi air hub, beyond S$5 billion fund top-up in Budget 2025
The additional S$1 billion will be committed over the next five years to support the development of Changi air hub. Read more at The Business Times.
Singapore shares close higher with local bank counters up; STI rises 0.5%
Local investors made the most of what might be a short-lived respite and drove the benchmark Straits Times Index (STI) up 0.5 per cent or 18.66 points to 3,917.06. Gainers easily led losers 304 to 210 ...
Outgoing DBS CEO Piyush Gupta gets a 57% pay bump, reversing a massive cut in 2023
Gupta will take home $13.2 million following the bank's "stellar all-round performance as well as its improved technology resiliency” ...
SGX sees leadership changes in FX and technology amid push to revive stock market
SINGAPORE - Singapore Exchange (SGX) has revamped its foreign exchange (FX) and technology management teams following some high-level resignations. Mr Lee Beng Hong, its head of wholesale markets and ...
DBS CEO Piyush Gupta gets a 57% pay bump after his last full year leading Southeast Asia’s largest bank
Gupta will take home $13.2 million following the bank's "stellar all-round performance as well as its improved technology resiliency” ...
Top 10 ETFs in Singapore—The Total Beginner’s Guide to Investing in ETFs (2025)
If you’re here because your New Year’s resolution is to finally start investing, you’ve come to the right place. Investing in Exchange Traded Funds, also known as ETFs is one of the best ways for ...
Woman opens bank accounts that received S$711M, admits she has no clue where the money came from
Zin Nwe Nyunt, a 58-year-old Singapore citizen, admitted in court that she was unaware of the origins of hundreds of millions of dollars ...
Daily Cuts – Wealth Wise – Could Singapore’s economy be in for more headwinds?
Singapore's core inflation has fallen to its lowest in more than three years but with inflation likely creeping up in the US and tit-for-tat tariffs, could that be a problem for Singapore going ...
DBS outgoing CEO pay up 57% in 2024; successor sees momentum
DBS Group paid outgoing CEO Piyush Gupta S$17.6 million ($13.22 million) for 2024, up 57% on year, as Singapore's biggest bank reported record annual revenue and profit.
DBS outgoing CEO gets US$13 million in ‘another banner year’
The pay makes Gupta one of Asia’s highest-paid bankers, behind Standard Chartered boss Bill Winters who earned US$13.8 million) last year.