Financial Services
Temasek CEO’s departure possible by August
Temasek CEO’s departure possible by August
Under Ho’s leadership, Temasek’s assets climbed 43% to $186 bn in 2010, according to a report from the Financial Times.
MAS appoints Lawrence Wong Shyun Tsai to its Board of Directors
Mr Wong’s term of appointment will be from 10 June 2011 to 31 May 2013.
PricewaterhouseCoopers ties up with Visual Risk
Will help ‘at -risk’ modelling and ‘stress testing’, says the auditing firm.
What you need to know about GIC’s 6 new presidents
The six new men and their appointment shows a strong tilt towards property and special investments, so who are these new chiefs?
ANZ Singapore launches Gold Account
The account can be transacted in a wide variety of currencies including US Dollar, Singapore Dollar, Euro, Australian Dollar, New Zealand Dollar...
Maybank market share to double if RHB merger goes ahead
With the Malaysian government being the biggest shareholder in both banks, this one should be a no brainer.
UOB’s Indonesia business growing strongly
UOBI aims to achieve a pre-tax profit of 30% by 2015.
SingPost branches offer cash out service for Card Alliance customers
Through the EPINS CashOut service, Maybank cardholders are allowed a daily withdrawal limit of S$300.
CIMB and Maybank in talks to buy RHB
From Reuters, Malaysia's top two banks, Maybank and CIMB Group, are beginning rival talks to buy RHB Capital, which could lead to creating Southeast...
Lee Kuan Yew retires as Chairman and Director of GIC
He will be appointed Senior Advisor to the Board.
Mega banned: Indonesia’s Mega Bank banned from opening new branches
Mega has weak internal control, and Bank Indonesia isn’t happy about it.
Singapore-Saudi Arabia DTA takes effect 1 July
The two countries’ agreement for the avoidance of double taxation clarifies taxing rights.
Accountants dream of turning Singapore into a vibrant ‘number-crunching global hub’ by 2020
So now the bean counters want global domination too, who knew?
Why are Singaporeans the most optimistic financial executives in the world?
And which country has the most pessimistic financial executives in Asia?
Is Singapore the next offshore RMB trading hub?
It may not be imminent though, says HSBC.
Changes to world audit standards ill advised
And businesses are being laden with higher costs, says the Association of Chartered Certified Acountants.
STI may continue to slide: OCBC
The forecast is amid heightened risk aversion and following negative leads from Wall Street on Friday and morning declines in Nikkei and Kospi.
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