Tag: singapore

The manufacturer is in the oil and gas market and operates in six markets, including in the Middle East; the firm raised $33m and plans to use the money for R&D, marketing and working capital.

Dr Stephen Lu, Seatrium’s executive vice president for strategy, is taking Teng’s place as CFO at the firm on Tuesday, April 29.

The money raised from the 3.5% notes, due in 2030, will go towards the data infrastructure firm's green projects such as energy efficiency at its data centres across Apac; DBS, Standard Chartered, HSBC and OCBC helped secure the bond.

The 2025 Budget is bringing tax cuts, support for households, tax incentives for equities, more climate measures and support for AI; Singapore saw 4.4% GDP growth in 2024.

The increased digital capabilities of regional banks has increased competition for treasury centre investment across Asia as less established locations look to take business from Singapore, Hong Kong and Shanghai.

The major payment institution license will help the Chinese firm facilitate payments for SMEs across Vietnam, Malaysia, Philippines, Singapore, Indonesia and Thailand.

There is an emphasis on facilitating the movement of cross-border goods and people.

Kwek You-Cheer has joined the semiconductor firm and was formerly at Lenovo.

UOB's head of group technology and operations has joined the services group owned by DBS, OCBC and UOB.

A senior panel from Agoda, FGV Holdings and ION, discussed challenges and strategies for Apac treasurers when managing currencies in the region.

Veteran Matt Weir has been appointed as the UK firm's general manager for Asia Pacific.

The fintech, which is aimed at SMEs and startups, has received MAS in-principle approval for the major payment institution license.