A top prize of S$12 million is up for grabs for the Hong Bao Draw to be held on the last Friday of the second month of 2024. A dedicated site has been set up for the draw, with a random number ...
Singapore stocks end lower on Chinese New Year’s Eve; STI down 0.2%
SINGAPORE shares ended Friday (Feb 9) in the red, after a half-day trading session on the eve of the Chinese New Year. Read more at The Business Times.
Almost 90% of Singapore companies still value human touch despite rapid tech transformation: HSBC study
SINGAPORE: Despite the onslaught of rapid technological advancements, a recent report by HSBC shows that human interaction remains pivotal in Singapore’s corporate sector. The report found that an ...
Two new charges for money laundering accused who allegedly submitted forged documents to banks
SINGAPORE: Su Jianfeng, one of the 10 accused in Singapore’s largest money laundering case, was handed two new charges on Thursday (Feb 8).
Singapore Takes Large Stake in Kohl’s
Kohl's Corp. has another major shareholder. GIC Private Ltd., which represents the Republic of Singapore, has taken just over a 5 percent stake in Kohl's, an accumulation of 5.5 million shares, ...
Growth-Hungry Fanhua Finds A Potential Benefactor In Singaporean Investor
Singapore-based White Group has agreed to invest as much as $500 million each in Fanhua and its Puyi wealth management unit. The deal is the latest in a series engineered by Fanhua as it seeks to ...
Singapore Market falls 0.42%
At closing bell, the Straits Times Index (STI) index was down 13.24 points, or 0.42%, to 3,142.91 after trading between 3,138.22 and 3,165.33. Volume of 1.39 billion shares worth S$1.09 billion ...
Singapore stocks decline on news of higher-than-expected drop in China’s CPI
SINGAPORE shares finished lower on Thursday (Feb 8), as investors assessed China’s falling consumer prices ahead of a half-day trading session for the eve of Chinese New Year. Read more at The ...
Singapore Institute of Advanced Medicine Holdings aims to list on Catalist to better help cancer patients
The public tranche will close on Feb 14, 12pm, while shares in SAM Holdings will be traded on the Catalist board of SGX on Feb 16. The group is set to raise gross proceeds amounting to $26.2 million ...
Human touch remains crucial in tech-transformed business future: HSBC
Eight in 10 firms particularly value human touch in corporate banking. In an era where artificial intelligence and other technologies are revolutionising industries and redefining business landscapes, ...
Singapore aims for 40% more mental health experts by 2030
They plan to add 900 more GP clinics in six years’ time. Singapore is targeting to raise the number of its public sector psychiatrists and psychologists by up to 40% by 2030. The country is also ...
Singapore’s Biggest Bank Cuts CEO’s Pay By Millions on Digital Banking Outage
DBS Group Holdings Limited's fourth-quarter profit came in short of analyst expectations amid signs of pressure on margins. And while 2023 results hit a record, Chief Executive Officer Piyush Gupta's ...
Money laundering accused charged with submitting forged documents to cheat StanChart, Bank of Singapore
VANUATU passport holder Su Jianfeng, one of the 10 accused in Singapore’s largest money laundering case, was on Thursday (Feb 8) handed two new charges for submitting forged documents to two financial ...
DBS board holds CEO Piyush Gupta accountable for digital disruptions, cuts pay by 30%
Singapore's DBS Group on Wednesday announced to cut the variable pay of its management, including CEO Piyush Gupta, holding them accountable for the digital disruptions suffered in 2023. CEO Piyush ...
Piyush Gupta must act fast to cement his legacy at DBS
Under Mr Gupta, DBS has always aspired to be less of a bank, and more of a technology powerhouse. Read more at straitstimes.com.
Singapore wealth fund shuffles leadership, names COO
Singapore’s sovereign wealth fund GIC Pte. reshuffled the roles of some senior executives as part of a broader leadership overhaul.