The banks are CIMB, DBS, HSBC, OCBC, Standard Chartered and UOB. This arrangement is a highly uncommon one, known to exist only in Singapore and one other law enforcement agency, said DAC Yap. Another ...
Singapore’s lobbyists oppose proposed blanket ban on lending crypto tokens
A crypto lobbying group based in Singapore has voiced its opposition to the proposal from the central bank to prohibit crypto firms from lending crypto tokens. On Oct. 26, Singapo ...
Olam Agri picks banks for US$1 billion Singapore listing
Olam Group has picked banks to lead a planned Singapore listing of its agribusiness unit that could raise as much as US$1 billion, people familiar with the matter said.
StanChart to join other banks in hiring in S’pore even as Wall Street culls staff
It will be hiring around 1,800 people here, in areas such as relationship management, sustainable finance and app development. Read more at straitstimes.com.
StanChart to hire 1,800 staff in S’pore as banks here grow workforces despite Wall Street lay-offs
Standard Chartered is the latest bank in Singapore to launch a recruitment drive amid a sector-wide hiring spree. Read more at straitstimes.com.
River Hongbao returns as organisers prepare for record number of visitors
Organisers of the River Hongbao event are preparing for a record turnout as this year’s edition gets a boost from the removal of pandemic restrictions. The nine-day event at Gardens by the Bay from ...
Standard Chartered faces fresh questions after report of Middle East bank’s takeover bid
STANDARD Chartered’s Bill Winters wanted to mark the start of 2023 “with a little kindness”, he said on LinkedIn, but instead finds himself in the middle of a fresh debate about the emerging-market ...
Singapore banks continue to gain from high interest rates, new Asean supply chains: UOB Kay Hian
In particular, OCBC and UOB will benefit from reorientation of supply chain towards Asean countries, says one analyst.
Commentary: The politics of inflation in 2023 and what it could mean for Singapore
Columbia University economic historian Adam Tooze popularised “polycrisis” to describe the multiple global crises confronting the world simultaneously on an almost unprecedented scale in 2022.
India second-most stock-obsessed country in the world: Study
The study revealed that Singapore ranked the highest as a country most interested in stocks and trading. With a total search score of 555 out of a possible 700, Singapore topped the list for its ...
Dow Futures, SGX Nifty Up: Global Cues Impacting Indian Market
The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, gained 0.11% or 19 points higher at 9:09 am on Friday, indicating a flat-to-positive bias on Dalal ...
Middle East’s largest lender eyed Standard Chartered takeover bid
Shipping and commodities bank Standard Chartered has been the subject of a potential takeover bid by the Middle East’s largest lender. First Abu Dhabi Bank (FAB) confirmed that it had considered ...
Fixed deposit rates inch up above 4% as Singapore banks continue to woo savers
But these promotional rates might be coming to an end with global central banks easing up on interest rate hikes, an expert says.
Japan Finance Minister Suzuki to Visit Singapore, Vietnam Next Week
Japanese Finance Minister Shunichi Suzuki is set to visit Singapore and Vietnam to meet with high government officials from Jan. 10 to 13, the Ministry of Finance said on Friday. There's no media ...
Olam Agri Picks Banks for $1 Billion Singapore Listing
Olam Group Ltd. has picked banks to lead a planned Singapore listing of its agribusiness unit that could raise as much as $1 billion, people familiar with the matter said.Most Read from BloombergWhat ...
Yield for latest 6-month Treasury bill in Singapore dips to 4.2%
SINGAPORE: The latest Singapore six-month Treasury bill (T-bill) is offering investors a yield of 4.2 per cent per annum, according to results from the year’s first auction released on Thursday (Jan 5 ...