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Tag: finance

Posted on 07/03/2025

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 ...

Posted on 07/03/2025

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 ...

Posted on 06/03/2025

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.

Posted on 06/03/2025

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 ...

Posted on 06/03/2025

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” ...

Posted on 06/03/2025

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 ...

Posted on 06/03/2025

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” ...

Posted on 06/03/2025

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 ...

Posted on 06/03/2025

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 ...

Posted on 06/03/2025

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 ...

Posted on 06/03/2025

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.

Posted on 06/03/2025

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.

Posted on 06/03/2025

Singapore’s DBS courts rich Chinese with wealth manager hiring spree

Among the recent recruits to the north Asia desk — which largely covers mainland China but also Hong Kong and Taiwan — are Gloria Sun, who previously ran Deutsche Bank’s north Asia team, and Raymond ...

Posted on 06/03/2025

DBS doubles down on sustainability commitments even as large US banks retreat

Bank's sustainable financing commitments jumped 27 per cent to $89 billion as at end-2024. Read more at straitstimes.com.

Posted on 06/03/2025

Piyush Gupta reflects on his 15 years as DBS CEO as he prepares to hand reins to Tan Su Shan

DBS chief executive officer Piyush Gupta will be handing over the reins to deputy CEO Tan Su Shan on Mar 28, as he retires after 15 years at the helm. Read more at The Business Times.

Posted on 06/03/2025

DBS CEO Piyush Gupta’s salary reaches S$17.6 million amid record-breaking 2024 performance

Outgoing DBS CEO Piyush Gupta earned S$17.6 million in 2024, reflecting a 14.3% increase from 2022, as DBS posted record profits and shareholder returns. The bank expanded its digital and AI ...

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