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Posted on 06/03/2024

Ryde announces IPO in the US, but the journey may be far from easy

An IPO listing might be a successful milestone for many startups, but Ryde's case may hint that the move is their last resort.

Posted on 06/03/2024

Lured by ‘profits’ from crypto investment, 63-year-old gives scammers over RM882,000

Tempted by the promise of easy money from a cryptocurrency investment scheme, a 63-year-old man was convinced by a woman who added him on Facebook to part with more than S$250,000 (RM882,501).

Posted on 06/03/2024

Singapore Stock Market Poised To Extend Losing Streak

(RTTNews) - The Singapore stock market has moved lower in three straight sessions, slipping almost 35 points or 1.1 percent along the way. The Straits Times Index now sits just beneath the 3,110-point ...

Posted on 06/03/2024

Singaporean bank DBS CEO Gupta’s total pay dropped 27% to $8.3 mln in 2023

Piyush Gupta, CEO of Singapore's biggest bank DBS Group and one of the highest paid CEOs in the city-state, saw his total compensation dropped 27.3% for 2023, according to the lender's annual report ...

Posted on 06/03/2024

BDx acquires data center freehold in Singapore – report

BDx has reportedly acquired a data center building in Singapore. Citing sources familiar with the transaction, local press including Singapore Business Times and Mingtiandi report Hwa Hong Corp has ... ( read original story ...)

Posted on 06/03/2024

Singaporean bank DBS grows sustainable financing by 37% to $52.1 billion in 2023

Singapore's biggest bank DBS Group has grown its sustainable financing commitments, net of repayments, by 37.3% to 70 billion Singapore dollars ($52.10 billion) as of end-December, from S$51 billion ...

Posted on 06/03/2024

DBS Cuts CEO’s Pay Package in Record Year Marred by Glitches

DBS Group Holdings Ltd. cut Chief Executive Officer Piyush Gupta’s variable pay components in a year which saw disruptions in the bank’s digital services rub some shine off its record profit.

Posted on 06/03/2024

DBS thermal coal exposure down 33% from 2021, ‘on track’ to green five out of seven sectors: 2023 sustainability report

DBS’s sustainable financing commitments, net of repayments, stood at about $70 billion at end-2023, up from $51 billion in 2022.

Posted on 06/03/2024

DBS’s sustainable financing commitments reach $70 billion

The bank also facilitated close to $18 billion of environmental, social and governance bond issuances. Read more at straitstimes.com.

Posted on 06/03/2024

DBS CEO Piyush Gupta’s FY2023 pay cut by 27% despite record earnings

DBS Group Holdings CEO Piyush Gupta has seen his FY2023 pay cut by around 27%, even as the bank reported record earnings of more than $10 billion. For FY2023, he received a total remuneration package ...

Posted on 06/03/2024

Agoda partners with DBS and launches new rewards points redemption feature

SINGAPORE, March 6, 2024 /PRNewswire/ -- Digital travel platform Agoda has announced its partnership with DBS, a leading financial services group, to offer a new reward points redemption system ...

Posted on 06/03/2024

Singapore Customs warns of new e-mail impersonation scam

SINGAPORE - Singapore Customs has warned the public of the emergence of a recent variant of an e-mail impersonation scam. In a Facebook post on March 4, Singapore Customs said these e-mails claim to ...

Posted on 06/03/2024

Taylor Swift struck a deal with Singapore not to perform in any other Southeast Asian country

Singapore’s Prime Minister defended an exclusive deal with Taylor Swift that prevents taking her Eras Tour to anywhere else in Southeast Asia.

Posted on 06/03/2024

Commentary: Singapore is wide open for business, but not for foreign interference

SINGAPORE: In a move that has captured the attention of business leaders in Singapore - especially those with substantial dealings overseas - a Singapore businessman, Mr Philip Chan Man Ping, was last ...

Posted on 06/03/2024

German military meeting was tapped by Russia in ‘chance hit’ after officer used unsecured line in Singapore hotel

A leaked audio tape featuring four officers discussing arms for Ukraine happened after one member did not adhere to the ‘secure dialling procedure’, Germany’s defence minister said.

Posted on 06/03/2024

Air India-Vistara merger gets Singapore’s conditional approval

Singapore's competition watchdog said on Tuesday it has granted conditional approval for the merger between Tata Group's Air India and Vistara, a joint venture between Tata and Singapore Airlines .

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