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Tag: finance

Posted on 13/11/2024

Swiggy’s IPO likely to create 500 crorepatis; 5,000 employees set to earn Rs 9,000 crore in total

Swiggy employees are expected to gain significant wealth. The company's IPO is scheduled to debut on November 13. This event is poised to be one of the largest wealth creation events in the Indian ...

Posted on 13/11/2024

Singapore pledges up to $669m to finance climate action in Asia

SINGAPORE - With climate finance weighing heavily at the UN Climate Change Conference (COP29) in Azerbaijan, Singapore announced on Nov 12 that it will commit up to US$500 million (S$669 million) to a ...

Posted on 12/11/2024

Singapore pledges up to $669 million to finance climate action in Asia

SINGAPORE - With climate finance weighing heavily at the UN climate change conference (COP29) in Azerbaijan, Singapore announced on Nov 12 that it will commit up to US$500 million (S$669 million) to a ...

Posted on 12/11/2024

Tatas dreams: AI-Vistara merger becomes reality; SIA to invest addl Rs 3,195 cr in integrated entity

Marking a significant consolidation in the fast-growing Indian aviation space, Air India on Tuesday completed the Vistara merger to create an integrated airline, partly owned by Singapore Airlines, ...

Posted on 12/11/2024

Singapore stocks fall as US dollar strength weighs on Asian stock indexes; STI drops 0.8%

Singapore Exchange market strategist Geoff Howie noted that the trade-weighted ... “Overnight strength in the US dollar, which has continued into Asia trading, weighed on most Asia stock indices today ...

Posted on 12/11/2024

Singapore to commit US$500 million as concessional capital for climate action

THE Singapore government will be committing US$500 million as concessional capital to support a blended finance initiative launched by its central bank last year, said Sustainability and Environment ...

Posted on 12/11/2024

DBS Bank nominates Rajat Verma to be next India CEO, sources say

DBS's India unit has nominated its head of institutional banking, Rajat Verma, to be the bank's new chief executive officer, two people familiar with the matter said. He is slated to replace Surojit ...

Posted on 12/11/2024

DBS CEO Piyush Gupta sells S$12.6 million worth of bank shares in 2 days

Piyush Gupta, the Chief Executive Officer (CEO) of DBS, has sold even more of his shares. He did so in a bank rally on Nov. 7 and 8, during which DBS shares climbed to over S$40, reported The Business ...

Posted on 12/11/2024

DBS Foundation spotlights Singapore’s ageing society in inaugural Impact Beyond Summit

DBS Foundation held its inaugural Impact Beyond Summit on Monday (Nov 11), with a focus on Singapore’s ageing society. Read more at The Business Times.

Posted on 12/11/2024

Here’s Everything That Happened Singapore Fintech Festival 2024 in 10 Key Highlights

The ninth edition of the Fintech Festival (SFF) wrapped up on November 08, concluding a dynamic week-long of celebration of fintech that brought together tens of thousands of participants from around ...

Posted on 12/11/2024

DBS CEO Piyush Gupta cashes out $12.6m in shares as bank stock hits record high

Outgoing CEO of DBS Piyush Gupta offloaded some 300,000 of his DBS shares for a total of $12.6 million last week. He sold his shares in two transactions amid a major rally in DBS' stock price ...

Posted on 12/11/2024

Singapore and China step up cooperation, refresh ties

SINGAPORE — Singapore and China took steps to refresh their relationship and deepen collaboration in areas such as trade and finance at the apex bilateral cooperation meeting between the two countries ...

Posted on 12/11/2024

Singapore and China Boost Green Finance, Capital Market Connectivity

The Monetary Authority of (MAS) announced new initiatives aimed at bolstering financial cooperation with China.

Posted on 12/11/2024

Bankers see Asia deal drought easing as Hong Kong IPOs pick up

After a lean couple of years, bankers in Asia are seeing signs of a recovery in initial public offerings, particularly in Hong Kong, India and Japan.

Posted on 12/11/2024

Singapore proposes unprecedented law to stop stubborn victims from sending money to scammers

The Protection from Scams Bill proposes giving police control over some victims' bank accounts as a last resort. Read more at straitstimes.com.

Posted on 12/11/2024

OCBC’s head of anti-fraud Beaver Chua on banks working with police to combat scams

Singapore police may soon have powers to stop people from transferring ... Mr Beaver Chua, head of anti-fraud at OCBC, shared what this unprecedented law could mean for banks, in terms of allocating ...

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