Special purpose acquisition companies (SPACs) appear to be losing their luster in Hong Kong and Singapore, after the bloom already came off the rose in the U.S. amid expectations of stricter ... ( read original story ...)
Singapore offshore giant agrees payment deferral
Singapore’s Sembcorp Marine has reached agreement with Borr Drilling to allow its client two more years to make payment for rigs it is constructing. Sembmarine on Thursday confirmed that its wholly ... ( read original story ...)
OCBC CEO on championing sustainability – unveils partnership with NUS for EV adoption study
This will be the nation's largest dedicated study to understand the most effective factors among Singaporeans to adopt EV. ( read original story ...)
Former UOB Kay Hian employee gets prohibition orders for false, unauthorised trading
SINGAPORE: A former UOB Kay Hian (UOBKH) trading representative was issued with prohibition orders by the Monetary Authority of Singapore (MAS) on Thursday (Aug 18) for false and unauthorised tra ... ( read original story ...)
UOB and procure-to-pay platform Doxa collaborate to digitalise finance processes for companies
UOB and Doxa, an online procure-to-pay platform, have partnered up to enable companies to move their procurement and trade financing processes online. Both companies signed a memorandum of ... ( read original story ...)
Singapore International Foundation honoured for boosting S’pore-Indonesia ties over 30 years
Indonesian embassy presented the Adinata Award to SIF at a ceremony to mark the country’s 77th Independence Day. Read more at straitstimes.com. ( read original story ...)
Investment bank behind 32,000% IPO probed by Hong Kong regulator
ATMD Group, the financial group behind an PO that soared by more than 32,000% following its debut, is being probed by Hong Kong's SEC. ( read original story ...)
Singapore will exceed millionaires per population when compared to US, China: HSBC report
Singapore earlier saw 7.5% of its adult population with a wealth of atleast $1.38 million, jump to 9.8% in the year 2025 and later 13.4% in the year 2030. ( read original story ...)
DBS chief Piyush Gupta to take over from Ho Kwon Ping as SMU chairman
After leading Singapore Management University for 25 years, Ho will hand over the reins to Gupta from Jan 12, 2023. Read more at straitstimes.com. ( read original story ...)
How DBS Became the ‘World’s Best Bank’
To win over a new generation of customers, DBS saw that it needed to inhabit the same space as the tech upstarts, leveraging new technologies to take the hassle out of traditional banking. In short, ... ( read original story ...)
Singapore to be Asia’s millionaire capital by 2030: HSBC
Singapore will overtake Australia to have Asia’s highest share of millionaires in the adult population by 2030, according to a report by HSBC Holdings Plc. The financial hub is expected to top the ... ( read original story ...)
Singapore’s UOB sees Chinese stocks outperforming in the second half as Beijing moves to support economy
Positive vibes’ from Beijing indicate more support on the infrastructure and lending fronts, which could have a ‘multiplier effect on boosting consumption’ and Chinese equities in the second half, ... ( read original story ...)
Singapore to be Asia’s millionaire capital by 2030, HSBC says
Singapore will overtake Australia to have Asia’s highest share of millionaires in the adult population by 2030, according to a report by HSBC. ( read original story ...)
Emma Sheller exits Standard Chartered amidst marketing team rejig
Emma Sheller, Standard Chartered's global head of corporate affairs, brand and marketing (CABM), private and business banking as well as global head of brand strategy, is leaving the bank after close ... ( read original story ...)
Baby boomers in S’pore leading more sustainable lifestyle than young people: OCBC survey
The results from this year's OCBC Climate Index were revealed by the bank on Aug. 16 at a media briefing. How the survey was conducted. Between Jun. 4 and Jun. 16, 2022, an online ... ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty50 likely to open with minor cuts today
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open lower on Thursday, a day after Dalal Street scaled yet another four-month closing highs, amid weakness across global markets. ( read original story ...)