The Criminal Court has sentenced a Canadian wanted in Singapore for robbing a bank to 14 months imprisonment on currency and money laundering charges. David James Roach, 28, fled to Thailand after allegedly robbering a bank in Singapore last year. ( read original story ...)
HSBC Bank launches international digital networking platform for business clients
SINGAPORE - HSBC Bank has launched a digital networking platform for its business clients to connect with each other. The HSBC Connections Hub is designed to enable the bank's clients to use HSBC's global network to connect with trusted buyers and sellers ... ( read original story ...)
Singapore Stocks: More Room to Rally?
Banks are poised to be among the biggest beneficiaries of a stronger economy. Jefferies recently upgraded Singapore’s biggest lender DBS Group (D05.SG) from neutral to buy. Even though margin reflation and asset quality stabilization are still in the ... ( read original story ...)
Where are Interest Rates Headed? DBS Group Holdings Ltd’s CEO Shares His Thoughts
Singapore’s largest bank, DBS Group Holdings Ltd (SGX: D05), is expecting two interest rate hikes this year. The bank has also guided to achieve a net interest margin (NIM) of 1.8% for 2017. For perspective, DBS Group achieved a net interest margin of 1 ... ( read original story ...)
Ride-hailing firm Grab says likely to raise funds in near future
In five years, Grab's network has grown from 40 drivers in one country to over 930,000 across 55 cities in seven countries including Singapore, Indonesia, Vietnam and the Philippines. The Singapore-based startup raised $750 million in a funding round in ... ( read original story ...)
Thais jail Singapore bank ‘note’ robber for 14 months
A Thai court on Tuesday sentenced a Canadian man to 14 months in jail for crimes linked to a rare bank robbery in Singapore where he allegedly used nothing more than a threatening note to steal $22,000. According to authorities in Singapore, a city-state ... ( read original story ...)
Thailand jails man who robbed Singapore Standard Chartered bank for 14 months
BANGKOK: A Thai court on Tuesday (Jun 6) sentenced a Canadian man to 14 months in jail for crimes linked to a rare bank robbery in Singapore where he allegedly used nothing more than a threatening note to steal US$22,000. According to authorities in ... ( read original story ...)