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Tag: finance

Posted on 15/01/2024

GXS Bank Receives Continued Backing from Grab with US$109 Million Injection

Grab funneled an additional US$109 Million into GXS Bank through its wholly-owned subsidiary As-DB Holdings Pte Ltd.

Posted on 15/01/2024

Singapore shares rise at Monday’s open; STI up 0.3%

SINGAPORE stocks were pulled into positive territory on Monday (Jan 15), supported by gains from bank stocks and other index counters. Read more at The Business Times.

Posted on 15/01/2024

Hillhouse, Mitsui vying for Singapore’s Eu Yan Sang in $932.5 million deal: Sources

Final binding bids are due by February before Lunar New Year, the sources said. Read more at straitstimes.com.

Posted on 15/01/2024

China central bank set to cut key rate, boost liquidity Monday to aid economy

China's central bank is expected to ramp up liquidity injections and cut a key interest rate when it rolls over maturing medium-term policy loans on Monday, as authorities try to get the shaky economy ...

Posted on 14/01/2024

Banks don’t send SMS clickable links, police and DBS warn after $446k lost to scams in 2 weeks

Scammers impersonated banks or bank staff to phish victims’ banking credentials via SMSes. Read more at straitstimes.com.

Posted on 14/01/2024

Singapore and Tamil Nadu to develop India’s first net-zero industrial park

Framework expected to be ready in a year’s time and guide every aspect of running the park. Read more at straitstimes.com.

Posted on 14/01/2024

219 DBS customers lose about S$446,000 to scams in 2 weeks

SINGAPORE: At least 219 DBS customers have fallen prey to scams in the first two weeks of the year, losing about S$446,000 (US$335,000) in total. There has been a surge in cases of SMS phishing scams ...

Posted on 14/01/2024

Banks do not send customers SMS clickable links: Police, DBS

Scammers impersonated banks or bank staff to phish victims’ banking credentials via SMSes. Read more at straitstimes.com.

Posted on 14/01/2024

Standard Chartered Bank chief aims to plant Asean flag in PH

At the archives of Standard Chartered Bank (SCB)—the first foreign bank to set up shop in the Philippines and one of the oldest banks in Asia—one can find telegraphic transfers made by the ...

Posted on 13/01/2024

Prime Video Drops Original Productions in Southeast Asia, Cuts Singapore Staff

Amazon-owned Prime Video is to change its content strategy in Southeast Asia from a model based on original productions to one focused instead on licensing. As a result it has cut some jobs in the ...

Posted on 13/01/2024

Standard Chartered Digital Transformation Strategy Analysis Report 2023: Accelerators, Incubators, and Other Innovation Programs

The "Standard Chartered - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.

Posted on 13/01/2024

Crown Prince discusses investment opportunities with Singapore business leaders

AMMAN – HRH Crown Prince Hussein met in Singapore on Friday with leaders of major Singaporean companies and institutions.Crown Prince Al Hussein and the attendees discussed opportunities for ...

Posted on 13/01/2024

Crown Prince attends dinner hosted by Singapore deputy PM at conclusion of working visit

Singapore Deputy Prime Minister and Minister of Finance Lawrence Wong on Friday hosted a dinner banquet in honour of HRH Crown Prince Hussein, at the conclusion of his working visit to ...

Posted on 13/01/2024

Shein’s IPO Plans Put It in U.S.-China Crosshairs

What could be one of the biggest listings in years is likely to depend on the fashion giant’s ability to satisfy both Beijing and Washington.

Posted on 13/01/2024

HSBC must face US$1 billion suit over hiring bankers from SVB: US court

FIRST Citizens Bank & Trust can proceed with a US$1 billion lawsuit accusing HSBC Holdings of poaching dozens of employees and stealing trade secrets from Silicon Valley Bank (SVB) shortly after its ...

Posted on 12/01/2024

Singapore firms gearing up to tap prospective Special Economic Zone with Johor | Video

Some Singapore companies have begun drawing up plans to deepen investments in Johor ahead of a possible new Special Economic Zone. Businesses say facilitating more exchanges of goods and talent could ...

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