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Tag: finance

Posted on 07/01/2025

Landmark Johor-Singapore SEZ pact signed: 100 projects, 20,000 jobs, investments across 11 sectors

PUTRAJAYA] In a landmark move to strengthen economic ties, Singapore and Malaysia have agreed to drive investments in 11 key sectors including manufacturing, logistics and energy, with plans to expand ...

Posted on 07/01/2025

Singapore empowers police to freeze bank accounts in scam crackdown

Singapore passed a new law on Tuesday allowing police to freeze bank accounts of scam victims as a "last resort" measure to prevent further losses. The law empowers police to issue restriction orders ...

Posted on 07/01/2025

Singapore Passes Bill Empowering Police to Protect Scam Victims

Singapore’s parliament has passed a law allowing the police to control the bank accounts of individuals who are suspected to be the targets of scams.

Posted on 07/01/2025

HSBC appoints former Citibank wealth management director as new head of international wealth hub for Singapore

In her new role, Chin will oversee the scaling of HSBC’s offshore business through new client growth, deepening client relationships and fostering stronger cross-border collaboration.

Posted on 07/01/2025

HSBC appoints Citi veteran as its new head of international wealth hub for Singapore

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 ...

Posted on 07/01/2025

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, ...

Posted on 07/01/2025

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 ...

Posted on 07/01/2025

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.

Posted on 07/01/2025

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.

Posted on 07/01/2025

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 ...

Posted on 07/01/2025

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.

Posted on 07/01/2025

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.

Posted on 07/01/2025

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 ...

Posted on 07/01/2025

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.

Posted on 06/01/2025

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 ...

Posted on 06/01/2025

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 ...

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