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Posted on 11/07/2023

DBS sells 77.8% stake in AXS to private equity firm Tower Capital Asia

DBS has entered into an agreement to sell a 77.8 per cent stake in AXS to Tower Capital Asia in August 2023. How much will its minority stake be?

Posted on 11/07/2023

Singapore-based medical firm Genesis MedTech weighs up to US$500 million HK IPO: sources

GENESIS MedTech Group, a medical device company, has selected advisers for a potential initial public offering (IPO) in Hong Kong, according to people familiar with the matter. Read more at The ...

Posted on 11/07/2023

‘What is the point?’: Singapore has more quiet quitters than global average, survey shows

About 38 per cent said it was because of low compensation and rising cost of living. Read more at straitstimes.com.

Posted on 11/07/2023

‘I will do only what’s needed’: Survey finds Singapore has more quiet quitters than global average

SINGAPORE - When she found out that her peers were earning “a lot more money” than her despite both parties doing the same amount of work, Nancy (not her real name) opted for something many working ...

Posted on 11/07/2023

Singapore’s Central Bank Says Inflation Fight Is Not Over

While inflation has peaked in Singapore and growth prospects have dimmed, authorities aren’t shifting to pro-growth mode just yet as the battle against persistent price pressures isn’t over, the head ... ( read original story ...)

Posted on 11/07/2023

Singapore’s investment landscape may stay subdued for the rest of the year

Knight Frank advised that freehold properties are a popular investment. Property firm, Knight Frank, sees a muted outlook for investment activities in Singapore for the rest of 2023 following the wait ... ( read original story ...)

Posted on 11/07/2023

Citi to Pilot Digital Platform for Commercial Banking Clients in Singapore, India, HK

Citi announced that it will pilot its new platform in the second half of 2023 across Singapore, India, Hong Kong, and the U.K.

Posted on 11/07/2023

OCBC powering growth through unified network and talent connections

The bank will leverage its network and capabilities to capture more Asean-Greater China opportunities. Read more at straitstimes.com.

Posted on 11/07/2023

Thief grabs $600 that elderly woman withdrew from Tampines ATM, durian vendor grabs thief’s neck

A durian vendor went to the rescue of an elderly woman when she was robbed of $600. Read more at stomp.straitstimes.com ...

Posted on 11/07/2023

Dining & Buffet Credit Card Promotions and 1-for-1 Deals (July 2023)

To make that easier, we have scoured Singapore just to find you the best 1-for-1 dining promotions this July 2023. Get ready to savor a wide array of delectable dishes, from international cuisine to ...

Posted on 11/07/2023

Organiser of Jacky Cheung concerts in Singapore now selling restricted view tickets after announcing all shows sold out

K UALA LUMPUR, July 11 — If you have yet to secure tickets to Jacky Cheung's concerts in Singapore, fret not as the organiser is putting up more for sale. The catch, however, is the tickets only allow ...

Posted on 11/07/2023

Ascenda unveils expansion of OCBC partnership to grow bank’s premium rewards offering

Today, rewards technology leader Ascenda announced the expansion of its partnership with OCBC, Singapore's longest-established bank and second-largest financial group in Southeast Asia by assets. The ...

Posted on 11/07/2023

DBS to sell majority stake in AXS to private equity firm Tower Capital Asia

DBS Bank has agreed to sell a 77.8 per cent stake in electronic payment services provider AXS to Tower Capital Asia, a private equity firm based in Singapore. The ba ...

Posted on 11/07/2023

DBS sells majority stake in AXS to PE firm Tower Capital Asia

Singapore-listed DBS Bank has confirmed that it will sell a 77.8% stake in its subsidiary, AXS Pte Ltd, to private equity firm Tower Capital Asia for an undisclosed amount. DBS will retain a 9.9% ...

Posted on 11/07/2023

DBS divests 77.8% stake in AXS to private equity firm Tower Capital Asia

DBS Bank has entered into an agreement to sell a 77.8% stake in electronic service delivery network AXS to Tower Capital Asia. No consideration amount was revealed in DBS’s announcement on July 11.

Posted on 11/07/2023

Singapore’s Razer Investigates Data Breach After $100k Database Offered for Sale in Crypto

Singapore gaming firm Razer is investigating a possible data breach after a hacker offered stolen data from the firm for $100,000 in crypto.

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