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Posted on 03/08/2023

HSBC employs head of global private banking for South Asia

Tommy Leung has been appointed by HSBC as head of global private banking, South Asia, with effect from October 19, 2023.

Posted on 03/08/2023

Million Dollar Round Table expanding global offerings with new Singapore-based office

To enhance member resources and benefits across the Asia-Pacific region particularly the Philippines, The Million Dollar Round Table (MDRT), the Premier Association of Financial Professionals®, has ...

Posted on 03/08/2023

The gist: New tax for large private water suppliers, tapping technology for safer roads

SINGAPORE - From taxing large private water suppliers to tapping technology for better road safety outcomes, MPs discussed a wide range of issues in Parliament on Thursday. Read more at ...

Posted on 03/08/2023

Singapore executes third prisoner in just 8 days. What explains this fresh wave of death sentences?

Singapore has executed a prisoner for trafficking 54 grams of heroin in what is the third death sentence meted out in just eight days – marking a worrying increase of its capital punishment policies. The latest execution was carried out despite calls ...

Posted on 03/08/2023

Singapore’s 2023 property investment volumes to fall short of last year’s totals

Investments totalled $32.1b in 2022. As interest rates approach their peak, investment volumes in Singapore could start to pick up in H2 2023 though this year’s overall tally will likely end lower as ... ( read original story ...)

Posted on 03/08/2023

Rajah & Tann Launches Tech Platform for Property Developers’ AML Compliance

According to the firm, a customer due diligence report would now require a scan that takes just seconds to complete the necessary background checks on a prospective purchaser. ( read original story ...)

Posted on 03/08/2023

HSBC names UBS’ Tommy Leung as South Asia head of global private banking

HSBC on Thursday (Aug 3) announced that Tommy Leung will be its South Asia head of global private banking from Oct 19.  Read more at The Business Times.

Posted on 03/08/2023

DBS Q2 profit jumps 48% to record $2.69b even as it cuts loan, fee income growth forecasts

DBS shares rose 12 cents, or 0.35 per cent, to $33.96 as at 1.57pm on Thursday. OCBC fell 5 cents, or 0.38 per cent, to $13.14 and UOB was flat at $29.92.

Posted on 03/08/2023

6 Best Crypto Exchanges And Trading Platforms Singapore

Our testing team has compared and reviewed 25 exchanges and this is our top list of the best crypto exchanges in Singapore.

Posted on 03/08/2023

Singapore’s middle distillates stocks near 7 mln barrels on surging net exports

Singapore's middle distillates stockpiles fell to almost 7 million barrels (0.94 million metric tons) as gasoil and jet fuel/kerosene net exports surged, with volumes heading to Mexico for the first time this year,

Posted on 03/08/2023

Singapore Events in August 2023: Must Attend Activities With The Whole Family

Experience the best family-friendly events in August 2023! Fun-filled activities for all ages in Singapore. Mark your calendars!

Posted on 03/08/2023

Temasek to invest in Mahindra EV unit at $9.8 bln valuation

Singapore investment firm Temasek will take up to a 3% stake in Mahindra and Mahindra's electric vehicle unit at a valuation of up to $9.8 billion, the latest investment in the Indian automaker as it ...

Posted on 03/08/2023

Temasek to invest ?1200 Cr in Mahindra’s electric arm at Rs 80,580 Cr valuation

After the fund infusion, Temasek will have a shareholding in MEAL ranging from 1.49-2.97% of the paid-up share capital on a fully diluted basis. On Thursday, Mahindra Electric Automobile Ltd (MEAL), ...

Posted on 03/08/2023

Temasek to invest 1200 Cr rupees in Mahindra’s electric arm

After the fund infusion, Temasek will have a shareholding in MEAL ranging from 1.49-2.97% of the paid-up share capital on a fully diluted basis.

Posted on 03/08/2023

Temasek to invest Rs 1,200 crore in Mahindra’s electric vehicle subsidiary

Temasek, a global investment firm, has announced that it will invest Rs 1,200 crore in Mahindra’s EV subsidiary. With this investment, MEAL’s valuation goes up by 15 percent from up to Rs 70,070 crore ...

Posted on 03/08/2023

Singapore yet to receive new proposals from Malaysia to revive HSR project

SINGAPORE has yet to receive any new proposals from Malaysia to develop a high-speed railway (HSR) between Kuala Lumpur and Singapore, said Acting Minister for Transport Chee Hong Tat in Parliament on ...

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