Bhambri Kunal withdrew cash totalling more than S$26,000 (RM86,160) from Singapore bank accounts, which were sums later traced to three fraud victims in the United States.
Kingsmen co-founder Ong raises stake; Japfa in buybacks ahead of subsidiary’s planned IPO
Ong last bought Kingsmen shares more than a year ago although this was via a married deal that also involves fellow co-founder cum chairman Benedict Soh. On March 2, 2021, Ong and Soh acquired 500,000 ...
DBS expands footprint to Bangladesh, appoints former HSBC exec as chief representative
Singapore was the third-largest importing partner of Bangladesh, with imports amounting to about US$2.4 billion.
HSBC opens new head office in Singapore’s MBFC
The new premises are digitally enabled and support new hybrid ways of working for HSBC’s 4,000-strong local workforce.
Singapore-based Payash Capital objects to Arcelor inclusion in Srei bidding
Singapore-based Payash Capital, a 49 per cent stakeholder in Trinity Alternative Investment Managers Limited (TAIML), has opposed the decision of the administrator to include ArcelorMittal as a bidder ...
Singapore’s Sea Has Smaller-Than-Expected Loss on Cost Cuts
Sea Ltd.’s quarterly loss swelled less than analysts had estimated, helped by measures to curtail expenses as the Singapore online company’s growth slows.
FTX Not Licensed in Singapore, Monetary Authority of Singapore Says
Singapore’s central bank is “carefully reviewing” the license application of FTX.com local subsidiary Quoine Pte. Ltd, amid the bankruptcy blow-up of the disgraced crypto exchange.
DBS, OCBC, UOB raise interest rates for fixed home loans to up to 4.5%
SINGAPORE: DBS, OCBC and UOB raised their fixed home loan interest rates on Tuesday (Nov 15), with rates reaching up to 4.5 per cent. DBS, Singapore’s largest lender, has four fixed rate packages ...
Singapore Finance Ministry: Payouts to offset GST hike to start in Dec with cash handouts of up to S$700 for eligible Singaporeans
About 2.9 million adult Singaporeans will receive up to S$200 (RM665.18) in cash in December, as part of the Assurance Package that the Singapore ...
Sustainable financing for SMEs set to go up by 50% this year to over $3 billion: OCBC
The loans cover nine green project categories, including clean transportation, green buildings and renewable energy. Read more at straitstimes.com.
UOB, DBS, OCBC fixed home loan rates rise past 4%, highest in almost two decades, say analysts
Home loan rates went past the 4 per cent mark on Tuesday (Nov 15) after three major banks here raised their fixed rate packages, with the United Overseas Bank (UOB) being the highest at 4.5 per cent ...
Recession Is ‘Price We Pay’ For Misreading Inflationary Pressures, Says Singapore Senior Minister
Singapore’s Senior Minister Tharman Shanmugaratnam said ... Tharman said the challenge now is to increase investment and sustain it at higher levels for longer. “The scale of investment required is ...
Funds raised from IPOs in South-east Asia fall amid tough economic conditions
SINGAPORE - The initial public offering (IPO) market in Singapore has not been spared from souring economic conditions that have hit most of the region so far in 2022. Read more at straitstimes.com.
3 Singapore REITs That Announced Acquisitions to Boost Their DPU
If you’re looking for higher distributions, these three REITs should be on your investment radar. The post 3 Singapore REITs That Announced Acquisitions to Boost Their DPU appeared first on The Smart ...
Credit Suisse cuts senior bank jobs in Asia, including in Singapore, as overhaul begins
The Swiss lender is undergoing a sweeping overhaul, seeking to shave 2.5 billion francs (S$3.63 billion) off its cost base. Read more at straitstimes.com.
Singapore gunman who shot woman in robbery jailed after 32 years on the run
One of Singapore’s most wanted fugitives, who spent more than 30 years on the run after shooting a woman here in a robbery, was sentenced to 18 years’ jail on Tuesday (Nov 15) for a series of firearm ...