Government officials want scrutiny of labor practices as the fast-fashion behemoth's potential IPO looms on the horizon.
HSBC SG’s Tancy Tan on balancing risk and innovation in AI adoption
COO Tancy Tan says the bank currently runs over 100 use cases for generative AI. Generative artificial intelligence (AI) may be all the rage in the banking industry right now, but for HSBC, it is just ...
OCBC sues suspect in SG money laundering case for $19.7M
SINGAPORE: Oversea-Chinese Banking Corp., OCBC sues suspect of Singapore money laundering case for $19.7 million.... The post OCBC sues suspect in SG money laundering case for $19.7M appeared first on ...
DBS says customers may face delays in mobile banking access
DBS Group Holdings’ customers may face slight delays in accessing their mobile banking accounts due to “higher-than-normal concurrent logins,” the bank said in a Facebook post on Friday (Dec 1). Read ...
Singapore office to strengthen QIC’s partnerships across Asia
SINGAPORE, Dec. 1, 2023 /PRNewswire/ -- Queensland Investment Corporation (QIC) has expanded its international presence with a new Singapore office established to support a greater focus on ...
Singapore could mobilise $57.5b retail capital inflows for climate change initiatives
Standard Chartered said around 94% of Singaporean investors are keen on climate investing, with 80% inclined to increase capital flows towards climate in a bid to reduce portfolio and make a positive ...
OCBC seeks almost $20m from suspect in $2.8b money laundering case
OCBC has filed a claim in Singapore's High Court, seeking at least $19.7 million from money-laundering accused Su Baolin, as well as possession of his mortgaged Sentosa Cove villa. The bank filed a ...
3 Singapore stocks to watch out for in Dec 2023
SINGAPORE: As the year 2023 comes to a close, investors grapple with challenges such as surging interest rates and high inflation, leaving many sectors, including Real Estate Investment Trusts (REITs) ...
Singapore bank sues money laundering suspect for $15 million
SINGAPORE - Oversea-Chinese Banking Corporation (OCBC) has sued a suspect involved in Singapore's biggest money laundering case, marking the first known case of a lender in the city-state taking ...
OCBC seeking at least S$19.7 million, mortgaged Sentosa Cove villa from money laundering accused Su Baolin
OCBC has filed a claim in Singapore’s High Court seeking at least S$19.7 million ... He currently faces two charges related to forging bank documents with the intention to cheat Citibank and Standard ...
4 Singapore REITs to Include in Your December Watch List
These comprised five properties in Singapore, Malaysia, and Japan that were all sold ... gross profit jumped 23% year on year as revenue growth outpaced the increase in operating and finance costs.
Singaporean businesses explore Long An’s investment environment
The Mekong Delta province of Long An is willing to create favorable conditions for Singaporean businesses to expand investment in the locality, especially in the fields of innovation, green energy ...
President Tharman: Singapore must seize the huge benefits of AI
SINGAPORE: President Tharman Shanmugaratnam addressed the World Leaders Forum at Columbia University on Tuesday (28... The post President Tharman: Singapore must seize the huge benefits of AI appeared ...
Shein IPO: What Investors Should Know About the Fast-Fashion Star
This fall, investors have been greeted by new stock issues from Birkenstock, Arm Holdings, and Instacart, and investors just got wind of the biggest debut of the new IPO season. Shein (pronounced ...
Singapore real income falls 2.3% this year as inflation lingers
Real median wage, which takes inflation into account, fell 2.3% this year while real income for lower earners fell 3%, according to the ministry’s Labor Force in Singapore advance release on Thursday.
2022 StanChart Singapore Marathon winner back to defend his crown in bigger 2023 edition
Ezekiel Omullo, who used the $10k prize money from 2022 to upgrade his chicken farm to a sheep farm, is eyeing the $40k top prize. Read more at straitstimes.com.