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Posted on 13/05/2024

Singapore’s Incoming PM Wong Appoints New Deputy PM in Minor Reshuffle

SINGAPORE (Reuters) - Singapore's incoming prime minister Lawrence Wong announced a minor cabinet reshuffle on Monday ahead of assuming the top post later this week, with the biggest change the ...

Posted on 13/05/2024

Singapore PM-designate Wong sticks with old guard in minor reshuffle; picks Trade Minister Gan Kim Yong as his deputy

Singapore’s incoming Prime Minister Lawrence Wong picked Trade Minister Gan Kim Yong as his deputy, keeping the cabinet of outgoing premier Lee Hsien Loong largely intact.

Posted on 13/05/2024

Singapore c.bank picks Gan Kim Yong as chairman

The Monetary Authority of Singapore on Monday said it has appointed Gan Kim Yong as the chairman of the city-state's central bank. Yong replaces Lawrence Wong who has also been serving as Singapore's ...

Posted on 13/05/2024

OCBC Makes S$1.4 Billion Bid for Remaining Great Eastern Holdings Stake

OCBC Bank announced that it has put up a S$1.4 billion bid to acquire the remaining 11.56% of Great Eastern Holdings Limited it does not own.

Posted on 13/05/2024

Flipkart mulls moving HQ to India ahead of IPO: Report|

Flipkart contemplates relocating domicile to India reflecting a trend of established startups returning home for regulatory alignment and IPO readiness. The move, if executed, could also result in tax ...

Posted on 13/05/2024

Analysts keep ‘buy’ and ‘hold’ calls on UOB after 1QFY2024 earnings exceed expectations

With the bank’s fixed rate hedges to offset the impending interest rate decline, the analysts see the possibility of its sequential NIMs remaining stable or “inflecting upwards”, although that depends ...

Posted on 13/05/2024

Marina Bay Sands, UOB and Singapore Tourism Board enter next partnership to enhance Marina Bay precinct

Marina Bay Sands, UOB and Singapore Tourism Board (STB) inked a Memorandum of Understanding (MoU), committing to drive visitors ...

Posted on 13/05/2024

Technology services leader, NCS, partners ITE to expand career opportunities for students

New MOU will see more internships and industry attachments introduced in addition to current programmes SINGAPORE - Media OutReach Newswire - 13 May 2024 - NCS and the Institute of Technical Education ...

Posted on 13/05/2024

Singapore steps up investment in tourism human capital

Recognising that human capital is a crucial component of a successful tourism industry, Singapore has intensified its investments in capability development, with a compressed training and ...

Posted on 13/05/2024

With IPO in mind, Flipkart may move domicile from Singapore to India

Walmart-owned e-commerce firm Flipkart is reportedly planning to move its domicile back from Singapore to India, according to industry sources. The company, valued at $33 billion, may provide a ...

Posted on 13/05/2024

Shein steps up London IPO preparations amid U.S. hurdles to listing, sources say

By Julie Zhu, Greg Roumeliotis and Kane Wu HONG KONG/NEW YORK (Reuters) -Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself in New York faced ...

Posted on 13/05/2024

Singapore is richer than US, UK or France per capita. Lawrence Wong’s challenge as PM will be maintaining that

In just six decades of independence, Singapore has transformed itself into Asia’s wealthiest nation and a financial services giant. Incoming PM Lawrence Wong has his work cut out for him to maintain ...

Posted on 13/05/2024

Standard Chartered strengthens Transaction Banking global leadership with new hires

Standard Chartered announced the appointment of three new additions to its Transaction Banking global leadership team – Mahesh Kini as Global Head of Cash Management, Mark Troutman as Global Head of ...

Posted on 13/05/2024

XREX Singapore Gets MAS Greenlight for Crypto Payments License

XREX Singapore has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).

Posted on 13/05/2024

Singapore stocks started on a lower note on Monday—STI slipped 0.1%

SINGAPORE: Singapore stocks started on a lower note on Monday despite some modest gains on... The post Singapore stocks started on a lower note on Monday—STI slipped 0.1% appeared first on The Indepen ...

Posted on 13/05/2024

Singapore’s GenAI Paradox: Business Boom vs. Public Skepticism

A fascinating paradox is unfolding in the heart of Singapore's tech-savvy landscape. Businesses are diving headfirst into the GenAI pool, lauding its transformative potential. Meanwhile, the general ...

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