SINGAPORE: In October, a customer called a bank to freeze all his cards and savings, only to discover later that not all fund transfers were disabled.
IFC Sees Singapore Commitments Remaining Near Record $2 Billion
International Finance Corp. sees this year’s annual funding commitments to Singapore remaining near a record level, according to a regional executive.
Over 50% Singapore workers use AI, but many worry about being perceived as cheating, lazy or incompetent
SINGAPORE: More than half (52%) of Singapore workers are using artificial intelligence (AI) in their jobs, but nearly half (45%) feel uneasy admitting it to their managers, worrying they might be ...
Orange Forum 2024: A global celebration of inclusive and sustainable finance
The Orange Forum 2024, held at the SGX Auditorium in Singapore, brought together over 300 global leaders, changemakers, and innovators to celebrate the transformative achievements of the Orange ...
Allianz scraps proposed acquisition of Singapore’s Income Insurance, source says
Allianz SE has scrapped a proposed $1.5 billion euro acquisition of a 51% stake in Singaporean firm Income Insurance Ltd because of public opposition to the deal, a source familiar with the matter ...
Growing calls for regulating online finance-related content amid rise of ‘finfluencers’
Calls for regulating online finance-related content are picking up pace in Singapore, amid a growing number of so-called financial influencers, or "finfluencers". In a bid to tackle possible ...
IGI IPO subscription opens today: GMP up 18%; Should you bid or avoid?
International Gemmological Institute IPO GMP is up 17.99 per cent at Rs 492 per share against the upper end of the price band of Rs 417 ...
Asian countries’ investment in lab-grown meat could revolutionize the market
In the West, lab-grown meat struggles to shake its niche status. Meanwhile, Asian countries are investing in the technology as a cornerstone of future food security.
Exclusive-Singapore, Vietnam firms in talks for new undersea cables, sources say
Singaporean asset manager Keppel and Vietnamese conglomerate Sovico Group are discussing plans for new undersea fiber-optic cables that would boost the region's data centre industry, people familiar ...
Carlyle Is Said to Mull $1 Billion IPO of Quest Global in Mumbai
Carlyle Group Inc. is considering an initial public offering of engineering services firm Quest Global Services Pte in India, people familiar with the matter said, amid increasing investor interest in ...
Trust issues halt AI investments; over 70% of Singaporean businesses scale back despite AI’s potential, says Qlik report
The report by Qlik reveals that 74% of businesses in Singapore have reduced their AI investments due to trust concerns, far surpassing the global average of 61%. While 90% of senior decision-makers in ...
International Gemmological Institute IPO opens today: Should you apply?
International Gemmological Institute is selling its shares in the price band of Rs 397-417 apiece, which could apply for a minimum of 35 shares and its multiples to raise a total of Rs 4,225 crore.
International Gemmological Institute IPO: Blackstone-backed firm raises ₹1,900 crore from anchor investors
International Gemmological Institute Ltd has raised ₹1,900 crore from anchor investors ahead of its public issue. The IPO is set to open for public bidding on Friday, December 13.
Two-thirds of Singaporean firms cut AI investments over trust concerns
They cited data governance (26%), budget constraints (28%), and untrusted data (26%) as major barriers. Over two-thirds of Singaporean businesses are scaling back their investments in AI due to trust ...
Singapore companies keen to invest in Bangladesh
DHAKA, Dec 12, 2024 (BSS)- Minister for Sustainability and Environment and Trade of Singapore Grace Fu Hai Yien has said many Singaporean companies have high interest for investment in Bangladesh.
Temasek leads US$210 million fund-raising round for India start-up Rebel Foods ahead of planned IPO
REBEL Foods, a startup that specialises in online-only restaurants, unveiled a US$210 million funding round, ahead of an initial public offering the company is seeking to pull off by 2026. Read more ...