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Tag: finance

Posted on 13/03/2025

DBS’ Incoming CEO Faces Headwinds, Sees AI as Game Changer

When Barings Bank collapsed in 1995, Tan Su Shan lost her job and was evicted after her Hong Kong landlord thought she might not be able to pay rent. Her long-term boyfriend broke up with her the same ...

Posted on 13/03/2025

Singapore’s stock market reforms set to boost public listings by 50%

SINGAPORE: Singapore's recent stock market reforms are poised to significantly increase the number of public listings in 2025, with experts predicting a surge o ...

Posted on 13/03/2025

DBS’ First Female CEO Faces Headwinds, Sees AI as Game Changer

When Barings Bank collapsed in 1995, Tan Su Shan lost her job and was evicted after her Hong Kong landlord thought she might not be able to pay rent. Her long-term boyfriend broke up with her the same ...

Posted on 13/03/2025

How quick-thinking DBS bank teller blocks $51K counterfeit cash scam

The training she received to spot and stop suspicious transactions is part of the bank’s multi-faceted strategy to keep customers safe from fraud Read more at straitstimes.com.

Posted on 13/03/2025

Billionaire Marc Benioff’s Salesforce To Invest $1 Billion In Singapore

Salesforce, a cloud computing software company co-founded by billionaire Mark Benioff, plans to invest $1 billion in Singapore.

Posted on 12/03/2025

Companies should resist political pressures and stick to ESG, DEI commitments: Incoming DBS CEO

Don’t chop and change just because you’re trying to ingratiate yourself with another administration,” says DBS Deputy CEO Tan Su Shan.

Posted on 12/03/2025

Salesforce Joins Microsoft, OpenAI, and Other Tech Giants in Singapore with $1B AI Investment

Key Takeaways Cloud-based software giant Salesforce will invest $1 billion in Singapore. The Southeast Asian country is becoming a burgeoning hub for AI innovation and development. Asian governments ...

Posted on 12/03/2025

Salesforce to invest $1B in Singapore to boost adoption of AI

Salesforce plans to invest $1 billion in Singapore over the next five years as it seeks to fuel the adoption of its AI agent development platform, ...

Posted on 12/03/2025

DBS lifts iFast’s TP to $10.88 thanks to Asia’s rising wealth; $100 bil AUA goal likely require moves like M&A

DBS Group Research Ling Lee Keng has kept her “buy” call on iFast Corporation with a higher target price of $10.88 from $10.23, as she sees the group benefiting from Asia’s rising wealth population.

Posted on 12/03/2025

Salesforce to invest US$1 billion in Singapore over the next 5 years

This move is expected to rapidly expand the Republic's labour force in key service and public sector roles. Read more at straitstimes.com.

Posted on 12/03/2025

Singapore’s equity reforms may boost IPO activity

Analysts expect interest from financial services, tech, and green energy companies. Public listings in Singapore could increase by as much as 50% this year as a result of the country's recent stock ...

Posted on 12/03/2025

Chocolate Finance slaps limits on card transactions; says ‘no set timeline’ for instant withdrawal resumption

SINGAPORE] Wealth investment firm Chocolate Finance has temporarily implemented a S$250 per transaction spending limit on its debit card, it said in an e-mail update to customers on Tuesday evening ...

Posted on 12/03/2025

Singapore’s Chocolate Finance Engaging With MAS on Customer Withdrawal Issues

Singapore’s financial regulator said it is engaging with an online robo-advisor operated by Chocfin Pte. and independent fund custodian Allfunds to ensure all customer withdrawals will be met in an ...

Posted on 12/03/2025

The Secret Little Agency inspires better money habits via heartfelt campaign for POSB

Following the Singapore Budget 2025 Statement, Singapore’s longest-serving bank POSB has launched a new money habits campaign together with its lead creative agency The Secret Little Agency. Through ...

Posted on 12/03/2025

Billionaire Benioff’s Salesforce To Invest $1 Billion In Singapore

Salesforce, a cloud computing software company co-founded by billionaire Mark Benioff, plans to invest $1 billion in Singapore.

Posted on 12/03/2025

Chocolate Finance to process withdrawals in ‘orderly’ manner; all funds remain ‘protected’

Mr David Perez de Albeniz, chief executive at Allfunds Singapore, said that customer investment funds holdings are “completely segregated and ringfenced”, as required by Singapore’s regulations, which ...

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