The reason for the bank to continue investing in Greater China, contrasting with what some western peers have been doing, is that it continues to see great growth potential in the world's ...
OCBC to invest $260 million to grow tech capabilities, office space in Greater China
The bank hopes to seize opportunities from companies that are increasingly looking to South-east Asia. Read more at straitstimes.com.
OCBC doubles down on Greater China growth, aims to invest HK$1.5 billion into its tech and facilities in the region
OCBC is banking on China’s improving economic condition and resultant positive spillovers into Asia as key growth drivers, as it plans further investments into its services across the Greater China ...
OCBC to invest HK$1.5 bil into tech and facilities across Greater China, hire 300 software engineers in China
In addition, Bank of Singapore’s Hong Kong branch aims to grow AUM by 50% by 2026, compared to end-2023 figures.
Hong Kong second-largest contributor to OCBC’s sustainable loan commitments after S’pore
OCBC group CEO Helen Wong stated last May that she will not raise the bank’s sustainable finance loan commitment target further.
Sebi Eases IPO Regulations for Entrepreneurs
Sebi has introduced changes to ease the IPO process, focusing on offer size criteria and flexibility for promoter contributions. Amendments include counting equity shares from convertible securities ...
Haidilao Restaurant Operator Super Hi Prices US IPO at $19.56 Per Share
(Reuters) - Super Hi International, which operates Chinese hotpot restaurant chain Haidilao in the overseas market, on Thursday priced its initial public offering in the United States at $19.56 per ...
Singapore man faces 7 years in prison for making 30 bomb hoax calls to DBS Bank
The Singapore Police Force arrested the man within hours of getting a complaint from DBS; the accused is being charged in court.
The Singapore model: What CEE and the world can learn
By adapting elements of the Singapore model to their own contexts, CEE countries can achieve sustainable development, foster inclusive growth, and improve the well-being of their citizens. The story ...
SGX listing aspirant AvePoint: Helping firms build resilient data infrastructure for AI
Unlocking the power of AI calls for a comprehensive data strategy that will accurately analyse, govern and classify data.
$3b money laundering case: Su Jianfeng handed 2 new charges, faces 14 in total
Su was handed six forgery charges on May 16, which accused him of submitting a number of property sales contracts to two banks, knowing they were false. This was allegedly to deceive the banks into ...
Seatrium reports net order book of S$25.8B in 1QFY2024; S$11.4B in order year-to-date
SINGAPORE: Seatrium Limited, a global provider of engineering solutions to the offshore, marine, and energy industries, reported a net book order of S$25.8 billion in its business update for the first ...
Man charged with making bomb threats during multiple calls with DBS
A 34-year-old man was charged in court on Wednesday (May 29) after he allegedly made bomb threats during multiple calls to DBS Bank.
Singapore HNWs says current investment returns have “room to grow”
Over 2 in 5 (42%) of high net worth (HNW) investors in Singapore are actively seeking better returns and intend to allocate more funds to private market strategies and hedge funds. The study, ...
Jail for director who worked with others to cheat 2 victims of over $541k in investment scheme
Hong was a Singapore Armed Forces regular when he committed the offences in 2016 and 2017. Read more at straitstimes.com.
$3b money laundering case: Accused Su Jianfeng handed 2 new charges, faces 14 charges in total
Su was handed six forgery charges on May 16, which accused him of submitting a number of property sales contracts to two banks, knowing they were false. This was allegedly to deceive the banks into ...