Singapore has granted permanent residency to approximately 450 Global Investor Programme participants from 2015-2025, attracting significant investments. Read more at straitstimes.com. Read more at ...
OCBC Q4 profit up 3% while full-year dips 2%; bank cautious on outlook
OCBC Bank reported a 3% rise in Q4 profit to $1.75 billion, driven by non-interest income, and forecasts stable to growing income for 2026. Read more at straitstimes.com. Read more at straitstimes.com ...
HSBC opens wealth centre at Singapore Land Tower amid premium pivot
Ashmita Acharya, HSBC’s head of international wealth and premier banking in Singapore, said the city-state is “a priority market and a wealth hub” for the bank. The new wealth centre spans 7,884 ...
DBS, SMFG others vie for HSBC Indonesia retail unit – report
Interested banks include DBS Group, OCBC, UOB, Malaysia’s CIMB Group, and Japan’s Sumitomo Mitsui Financial Group.
450 high-net-worth investors granted Singapore PR under Global Investor Programme from 2015 to 2025
About S$500 million of their funds is invested directly in Singapore-based businesses Read more at The Business Times.
UI Boustead Reit to raise up to $1.02 billion in Singapore IPO with shares at 88 cents each
Retail investors will be able to subscribe to the IPO from March 5-10. Read more at straitstimes.com. Read more at straitstimes.com.
Financial Crime in Singapore Escalades to Unprecedented Levels, Sparks Call for AI Agents
Financial crime in Singapore is rising amid soaring digital transformation and the increasing availability, which fuels deepfake threats.
QuantEdge Capital: Singapore-born, systematic and built to last
QuantEdge’s pitch to investors is discipline over theatrics, with quantitative research and systematic execution at the core.
Singapore corporate FDI stock topped $3.13t in 2024
Foreign investment rose 9.5% in 2024, marking steady five-year growth. Foreign direct investment (FDI) in Singapore’s corporate sector grew steadily over the period of 2020 to 2024 reaching $3.130t.
UI Boustead REIT lodges IPO prospectus for $1.9 bil commercial property portfolio
UI Boustead REIT is seeking to raise $1.2 billion as part of the IPO, beating NTT DC REIT’s US$773 million ($976 million) debut in July 2025.
HSBC looks to sell Singapore life insurance manufacturing unit in over $1B deal – report
HSBC Holdings (HSBC) (HBCYF) is looking to sell its Singapore life insurance product manufacturing business in a deal expected to be valued at over $1B, three sources with knowledge of the matter told ...
UI Boustead Reit lodges IPO prospectus, raising S$1.2 billion at S$0.88 per unit
Its initial portfolio will comprise 23 properties with a total net leasable area of 5.3 million sq ft Read more at The Business Times.
HSBC kicks off Singapore insurance business sale, eyes over US$1 billion value: sources
[HONG KONG] HSBC has started the sale process for its Singapore life insurance product manufacturing business with the hiring of an adviser, and is hoping for the deal to be valued at more than US$1 ...
Investment Proposals Worth ₹1 Lakh Crore Received in Singapore, MoUs Worth ₹60 Thousand Crore Signed: CM Yogi
Chief Minister Yogi Adityanath, who is on a visit to Singapore with the goal of making Uttar Pradesh a 1 trillion dollar economy by the year 2029-30, stated that Team UP has received investment ...
S’pore to invest in next-gen space tech, eyes jobs in high-growth sector: Gan Kim Yong
Singapore will invest in next-generation space technology and capabilities, creating jobs and economic value in a high-growth sector. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s Grab bets on AI, new services to triple profit by 2028
By Yantoultra Ngui and Jun Yuan Yong SINGAPORE, Feb 26 (Reuters) - Southeast Asia's top ride-hailing and delivery firm, Grab, is betting on artificial intelligence and expansion of new services such ...