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Tag: finance

Posted on 31/05/2024

Singapore expands scope of guidelines on fair dealing

Singapore’s central bank has updated its guidelines on fair dealing, expanding its scope to apply to all financial institutions (FIs) and all the products and services offered to customers. The update ...

Posted on 31/05/2024

How Banks Can Leverage Transactional Data for Unparalleled Customer Engagement

How banks can leverage vast transactional data to drive customer engagement, increase customer lifetime value, and amplify business impact.

Posted on 31/05/2024

Brief: SEA stock exchanges need to play larger role to move region’s PE market; OCBC to invest HK$1.5 bil in facilities

In other news, Singapore will invest close to $300 million in quantum tech, to add 300MW in data centre capacity.

Posted on 31/05/2024

The HSBC Rain Vortex, Changi Airport, Singapore

Singapore Changi Airport has been awarded the title of the best airport in the world several times. In 2023 alone, it was named as the number one airport by Condé Nast Traveller Magazine, SKYTRAX, ...

Posted on 31/05/2024

China national arrested in Singapore for creating malware that allowed criminals to steal billions

Dozens of his assets and properties may be seized, the DOJ said. They include a Singapore-registered 2022 Ferrari F8 Spider, bank accounts with CIMB Bank, Citibank Singapore and banks in Thailand, a ...

Posted on 31/05/2024

Temasek and MOPE-backed Molbio Diagnostics kickstarts IPO prep, aims Rs 22,000-24,000 cr valuation

Singapore investment major Temasek and Motilal Oswal Private Equity (MOPE)-backed diagnostics chain Molbio Diagnostics has kickstarted work to launch an initial public offer in FY25 and raise around ...

Posted on 30/05/2024

Chinese national arrested in S’pore for creating malware that allowed criminals to steal billions

Properties subject to seizure include a Singapore condo unit and a Singapore-registered Ferrari. Read more at straitstimes.com.

Posted on 30/05/2024

Bank of Singapore establishes Investment Advisory Council

Bank of Singapore has formed an independent investment advisory council to supplement the bank's Chief Investment Office's (CIO) research skills and provide pertinent knowledge to its clients. The ...

Posted on 30/05/2024

Singapore contributes $17.7m to WHO’s inaugural investment round

The Ministry of Health emphasises prioritising health emergency preparedness. Singapore has announced its grant of $17.7m (S$24m) to the World Health Organisation’s (WHO) newly launched investment ...

Posted on 30/05/2024

Singapore’s largest bank DBS holds $650 million in ETH: repor

Singapore’s DBS bank holds over 173.7k ETH worth $650 million. Blockchain analytics plaform Nansen identified a whale wallet with the ETH as belonging to the bank. DBS, Singapore’s largest bank that ...

Posted on 30/05/2024

Singapore Invests Close to S$300 million in National Quantum Strategy and Announces Green Data Centre Roadmap for Sustainable Growth

Mr Heng Swee Keat, Singapore's Deputy Prime Minister and Chairman of the National Research Foundation NRF, outlined an investment of close to S$300 million into Singapore's National Quantum Strategy ...

Posted on 30/05/2024

South-east Asia’s growth-dominated PE industry needs stronger IPO markets: Bain

The Singapore Exchange’s velocity was 32 per cent ... Varma said PE exits globally are relatively evenly spread across three main strategies: initial public offerings (IPOs), sales to other companies, ...

Posted on 30/05/2024

Bank of Singapore establishes independent investment advisory council

Bank of Singapore (BoS), on May 30, announced that it has created an independent investment advisory council. The council will augment the bank’s chief investment officer’s (CIO) research capabilities ...

Posted on 30/05/2024

HSBC leads Series A investment in Apac digital market infrastructure operator Marketnode

Singapore-based digital market infrastructure operator Marketnode has completed its first successful close of its Series A investment round led by HSBC alongside contributions from existing ...

Posted on 30/05/2024

Chinese national arrested in Singapore for creating malware that allowed criminals to steal billions

Dozens of his assets and properties may be seized, the DOJ said. They include a Singapore-registered 2022 Ferrari F8 Spider, bank accounts with CIMB Bank, Citibank Singapore and banks in Thailand, a ...

Posted on 30/05/2024

Singapore gets lion’s share of private equity amid regional decline: Bain report

Singapore captured over 40 per cent of capital investment in companies that are not publicly traded. Read more at straitstimes.com.

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