HSBC has appointed 22-year veteran Jil Chin as its new head of international wealth hub for Singapore, as the company leads efforts to grow its international wealth business, the bank announced in a ...
DBS bought and sold shares in SingPost nearly a week after termination announcement
DBS Bank made two transactions in the shares of Singapore Post (SingPost) nearly a week after the company terminated three of its top executives over the handling of whistle-blowing reports on Dec 22, ...
Singapore passes law that gives police powers to freeze bank accounts of scam victims
In coming up with the new law, the authorities are “mindful of the need to strike a balance between protecting an individual from further harm and not unduly inconveniencing him”, says Minister of ...
Singapore fund Paragon opens Hong Kong office to reach more wealthy clients
Fund manager sees Hong Kong as an ideal wealth management hub to reach more wealthy clients in the Greater China region.
Malaysia-Singapore Leaders’ Retreat: New Johor SEZ deal guns for global investments, 20,000 skilled jobs in 5 years
The signed Special Economic Zone agreement was exchanged at the retreat in Putrajaya, witnessed by Malaysia Prime Minister Anwar Ibrahim and Singapore Prime Minister Lawrence Wong.
Johor-Singapore special economic zone agreement signed at leaders’ retreat
PUTRAJAYA] The new Johor-Singapore Special Economic Zone (JS-SEZ) is not just about enabling Singapore businesses to go to Johor, but rather it is the zone’s “greater potential” in having both ...
Johor-Singapore Special Economic Zone agreement signed by S’pore and M’sian leaders in KL; nine flagship zones set up
The Singapore government will fund Singaporean companies expanding into the JS-SEZ, while Malaysia’s fund will target infrastructure build in Johor.
DBS upgrades PropNex and APAC Realty to ‘buy’ amid strong pipeline of new launches in 2025
Analysts Derek Tan and Tabitha Foo have increased their target price estimates for both PropNex and APAC Realty to $1.15 and 50 cents respectively.
OCBC launches tokenised bonds customised to client’s desired tenor and yield
Local peers DBS Bank and UOB have also made headway in tokenised bonds and other assets. DBS in May 2021 issued a tokenised bond as its digital exchange’s first security token offering, while UOB in ...
Singapore’s Clifford Capital picks CIO as it expands into asset management
Vidyasagar Pulavarti joined Clifford Capital on Jan. 6 as chief investment officer of Clifford Capital Asset Management, a newly launched arm of the business, according to a statement on Jan. 6.
Etiqa, Maybank launch Singapore’s first Takaful in 10 years
The plan combines ethical investment options with flexible wealth accumulation. Maybank’s insurance subsidiary, Etiqa Insurance Singapore, has partnered with Maybank Singapore to introduce Invest ...
Davis Commodities Limited Announces USD 2 million AI Operation Enhancement MOU with QBE.AI Limited
Singapore-based Davis Commodities Limited (NASDAQ: DTCK), a leading global agricultural commodity trading company, today announced a strategic partnership with QBE.AI Limited, a cutting-edge ...
HSBC Life appoints new agency chief
Mr Ronald Tan, the new chief agency development officer, will look after its tied agency channel. Read more at straitstimes.com.
GE Vernova to invest US$20 million in expanding gas turbine repair centre in Singapore
ENERGY equipment manufacturer GE Vernova plans to invest US$20 million to develop new repair capabilities for its gas turbine service centre in Singapore, it said on Monday (Jan 6). Read more at The ...
GE Vernova’s $27.4m investment in S’pore gas-turbine repair plant to create 100 jobs
New jobs at the plant will include roles for engineers, specialists and skilled operators. Read more at straitstimes.com.
Adapting to change: Charles Schwab’s strategy for investing in 2025
With the change in administration in the US, Charles Schwab advises long-term investors to ignore the noise surrounding the political landscape and maintain focus on their goals and financial plans, ...