Real Estate
Yangzijiang Financial combines compliance and risk functions, removes chief risk officer role
YANGZIJIANG Financial will no longer have a chief risk officer from Apr 1 when it combines its compliance and risk functions under one department. The move will help the...
Singapore stocks slip on Friday amid inflation fears; STI down 0.4%
SINGAPORE shares closed lower on Friday (Mar 15), tracking a decline across most regional markets as investor sentiment was hit by inflation concerns. The benchmark Straits Times Index (STI)...
India approves new EV policy in boost to Tesla’s market entry plans
INDIA on Friday (Mar 15) said it will lower import taxes on certain electric vehicles for companies committing to at least US$500 million in investment and a manufacturing facility...
McDonald’s online services down in Singapore amid widespread outage
MOBILE ordering services on the McDonald’s app here were down on Mar 15, as the fast-food chain suffered a widespread technology outage across its outlets in multiple countries, including...
Novartis invests US$256 million to expand Singapore plant
SWISS biopharma giant Novartis has invested US$256 million to expand its biopharmaceutical manufacturing plant in Singapore. The expanded site will focus on manufacturing therapeutic antibody drugs. Novartis said it...
Saudi Arabia banks embark on record bond binge for mega-projects
SAUDI Arabia’s banks could raise a record amount of debt this year as a liquidity squeeze strains Crown Prince Mohammed Salman’s multi-trillion dollar economic transformation agenda. Lenders may need...
India’s Paytm wins payments approval it needs to stay in business
INDIA’S Paytm won approval to become a consumer digital payments platform, helping the beleaguered fintech continue a bulk of its business even as its banking affiliate is getting wound...
Bankers in India to get higher salary increases than Singapore, Hong Kong
FINANCE professionals in India are in line for higher salary hikes than those in Hong Kong and Singapore this year, underscoring how firms are tapping the nation’s economic boom...
