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Tag: finance

Posted on 22/08/2024

Bulk deals: General Atlantic Singapore Fund FII exits PNB Housing Finance

Government of Singapore bought a 1.4 percent stake in PNB Housing Finance at an average price of Rs 802.5 per share on August 21, as per the bulk deals data on the exchanges showed. However, General ...

Posted on 22/08/2024

PNB Housing sees 5% equity change hands as General Atlantic Singapore likely exits

Around 1.39 crore shares, representing a 5 percent stake in PNB Housing Finance were sold in a block deal on August 21, with private equity investor General Atlantic Singapore Fund being the likely ...

Posted on 22/08/2024

Singaporean police work with bank to combat scam

SINGAPORE, Aug. 21 (Xinhua) -- Officers from Singapore's Anti-Scam Center blocked over 300 suspicious bank accounts from May to August, according to the latest statement from the police. The police ...

Posted on 22/08/2024

Over 1 in 4 Singaporean Gen Zs feel financially unprepared: UOB study

Baby boomers were found to be the most financially prepared when it came to having sufficient rainy-day savings ...

Posted on 21/08/2024

A financially independent investor explains the ‘barbell’ strategy that allows her to take big bets in a low-risk way

Sherry Jiang, 32, has built a seven-figure net worth. She shares the first investment she made and how her strategy has evolved.

Posted on 21/08/2024

Singapore to receive renewable energy from Australian solar power project worth S$17.6B via 4,300 km undersea cable

Australia approved an A$20 billion (approximately S$17.6 billion) solar project... The post Singapore to receive renewable energy from Australian solar power project worth S$17.6B via 4,300 km underse ...

Posted on 21/08/2024

Three indicted in money laundering case compromising Singapore’s AML status

Last week, two ex-bank managers were charged in a 2023 Singapore AML case that involved transferring $S3bn in illicit funds.

Posted on 21/08/2024

Stan Chart makes hires in transaction banking reshuffle

Standard Chartered has hired Sofia Hammoucha as global head of trade and working capital. She will be based in Singapore, and is replacing Kai Fehr, who is moving back to Germany, his home country, ...

Posted on 21/08/2024

THE WESTIN SINGAPORE IS LACING UP FOR THE SECOND YEAR AS THE OFFICIAL ELITE HOTEL OF STANDARD CHARTERED SINGAPORE MARATHON

The Westin Singapore is proud to extend its partnership with Standard Chartered Singapore Marathon for two more years as the Official Elite Hotel of Standard Chartered Singapore Marathon. The iconic ...

Posted on 21/08/2024

$1.8M seized: SG police freeze over 300 OCBC bank accounts linked to scammers

SINGAPORE: In a groundbreaking operation, authorities have frozen over 300 OCBC bank accounts with suspected... The post $1.8M seized: SG police freeze over 300 OCBC bank accounts linked to scammers a ...

Posted on 21/08/2024

Man accused of threatening to plant bomb at DBS headquarters also charged with harassment

SINGAPORE: A man who allegedly made multiple calls to DBS Bank, threatening to plant a bomb at its headquarters on May 27, is now accused of abusing its employees with vulgar language Appearing in ...

Posted on 21/08/2024

Australian Billionaire’s $20 Billion Solar Project Wins Approval To Export Electricity To Singapore

Brookes' Sun Cable won the Australian government’s approval to build the first phase of the $20 billion undersea cable that will deliver solar-generated electricity from Darwin to Singapore.

Posted on 21/08/2024

Australia approves $17.6 billion project to export solar power to Singapore

Project plans to ship energy from giant solar farm in the country’s north to Singapore through 4,300 km undersea cable. Read more at straitstimes.com.

Posted on 21/08/2024

DBS launches $92 million green loan facility to develop wind turbine farm in China

First South-east Asian bank to tap the People’s Bank of China’s carbon emission reduction facility programme. Read more at straitstimes.com.

Posted on 21/08/2024

Singapore’s DBS launches green loan for wind turbine farm in China

SINGAPORE, Aug. 21 (Xinhua) -- Singapore's major banking group DBS on Wednesday announced a 500-million-Chinese-yuan (some 70 million U.S. dollars) green loan facility to develop a 100-megawatt wind ...

Posted on 21/08/2024

A $26.4 bil plan to export power to Singapore wins approval

The first phase consists of 4 gigawatts of solar panels, as well as an 800-kilometer overhead cable to Darwin.

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