The flights will proceed on Nov. 22 with an additional COVID-19 test for travellers from Hong Kong, Channel News Asia reported ... ( read original story ...)
For Asia’s super-rich, Singapore family offices keep the wealth churning – but Hong Kong wants a piece of the pie too
the offices "generate indirect employment in Singapore through their engagement of external finance, tax and legal professionals for advice on wealth planning and operational matters". And Lin, of ... ( read original story ...)
CIMB S’pore lays off 3 banking unit heads amid Covid-19 pandemic
CIMB Singapore has laid off three of its banking unit heads as the lender restructures its business in an effort to cope with the impact of the Covid-19 pandemic.. Read more at straitstimes.com. ( read original story ...)
CIMB Singapore lays off three of its banking unit heads as it deals with impact of Covid-19
SINGAPORE - CIMB Singapore has laid off three of its banking unit heads as the lender restructures its business in an effort to cope with the impact of the Covid-19 pandemic. The local unit of the ... ( read original story ...)
Mizuho to cut Singapore office space in workplace revamp: Sources
Mizuho Financial Group is set to trim its Singapore office space, as the Japanese bank looks to revamp the workplace in global financial centres in the wake of the pandemic.. Read more at straitstimes ... ( read original story ...)
All You Need To Know About Lakshmi Vilas Bank-DBS Bank Deal
LVB-DBS Deal: According to the RBI's plan, the well-capitalised DBS Bank India will bring in additional capital of Rs 2,500 crore upfront. ( read original story ...)
Singapore PM’s Sister-in-Law Suspended From Practising Law
(Bloomberg) -- The sister-in-law of Singapore Prime Minister Lee Hsien Loong has been handed a 15-month suspension from practising law following a guilty verdict earlier this year for professional ... ( read original story ...)
1 in 4 Singapore employers plans to freeze salaries in 2021: Survey
About a quarter of organisations in Singapore plan to introduce or continue with salary freezes next year, slightly lower than the 30 per cent that paused wage increments this year.. Read more at ... ( read original story ...)
Singapore B2B Payments Sector Analysis 2020: A Closer Look at Small Business Expenses SME Credit Cards
The "B2B Payments Report Singapore 2020" report has been added to ResearchAndMarkets.com's offering. The Business to Business Payments Report Singapore 2020, is a comprehensive review of the business ... ( read original story ...)
A successful IPO gives hope to Singapore’s deep-tech ambitions
Despite the research strengths of Singapore’s universities, deep tech has remained a niche space. Nanofilm’s IPO, however, can change that. ( read original story ...)
India set to hand troubled Lakshmi Vilas Bank to Singapore’s DBS
India has placed private-sector lender Lakshmi Vilas Bank Ltd under a moratorium and has restricted withdrawals of more than 25,000 rupees ($335.80), according to a finance ministry statement on ... ( read original story ...)
Fintech startup Affirm’s IPO filing shows revenue surge amid lending boom
It filed for an IPO of up to $100 million, but that is a placeholder amount and is expected to change. Its major investors include Peter Thiel’s venture firm Founders Fund, Singapore’s ... ( read original story ...)
Ant Alumni Who Cashed Out Before IPO Flop Have Big Ambitions
He recalls heading for Hangzhou and Shanghai, expecting IPO celebrations in both places ... Bill Deng joined Ant in 2010 after working for Visa Inc. in Shanghai, Beijing, and Singapore. He soon became ... ( read original story ...)
Shades of green: Banks take bigger steps toward greener finance amid climate change push
As countries around the world look for ways to bounce back post-COVID-19, there’s been greater emphasis on building back better and greener. ( read original story ...)
Merger with LVB to strengthen DBS Bank’s India business, says Moody’s
The RBI on 17 November announced a draft scheme for the merger of Lakshmi Vilas Bank (LVB) with the wholly-owned subsidiary of DBS Bank in India soon after the government imposed a one-month moratoriu ... ( read original story ...)
The three green loans mark CapitaLand’s first foray into sustainable finance in India.
CapitaLand has secured its first three green loans in India, totalling Rs 1700 crore, from DBS Bank India Limited (DBS) and the Hongkong and Shanghai Banking Corporation Limited India (HSBC India) for ... ( read original story ...)