RESTRUCTURING specialist KordaMentha has been named liquidators of department store operator Robinson & Company (Singapore), according to a memorandum seen by The Business Times (BT).
THE formal nod from India's central bank for DBS to take over cash-strapped Lakshmi Vilas Bank (LVB), announced on Wednesday, will pave the way for South-east Asia's largest lender to gain full control of a sizeable branch network in India.
THE recent US presidential election has had an immediate impact on Thailand's economy, causing the baht to spike vis-a-vis the dollar, and economists say this is bad news for Thai exports.
SINGAPORE's financial services sector has held steady against the economic toll of the pandemic, creating some 1,900 net jobs for Singaporeans in the first half of the year.
SINGAPORE's financial services sector has remained resilient against the economic toll of the Covid-19 pandemic, creating some 1,900 net jobs for Singaporeans in the first half of the year.
SINGAPORE's financial services sector has remained resilient against the economic toll of the Covid-19 pandemic, creating some 1,900 net jobs for Singaporeans in the first half of the year.
NTUC Income customers who buy its travel insurance will now receive Covid-19 coverage as well, for medical-related expenses while overseas.
THE formal nod from India's central bank for DBS to take over cash-strapped Lakshmi Vilas Bank (LVB), as announced on Wednesday, will pave the way for Southeast Asia's largest lender to scoop up a sizeable branch network in India.
UOB has sold the first negative-yielding bond out of Singapore, and market watchers say it won't be the last from the Singapore banks.
THE High Court has thrown out a bid by a Singapore firm linked to Wirecard to free up millions of seized funds every month, claiming that these were to repay "loans" from the scandal-tainted fintech, and expenses such as "accounting services".
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