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Dec 5, 2024 · Chris Ong, CEO of Seatrium, would know. When Ong became the CEO of the merged Sembcorp Marine . (SembMarine) and Keppel Offshore and Marine (Keppel O&M) in February 2023, he had his job cut out for him.. The O&M industry had been in a prolonged downturn since 2015.

Dec 5, 2024 · Robinhood Markets will expand into Asia next year, tapping Singapore as its local base in the region, CEO Vlad Tenev said. “We plan to be serving customers across Asia soon,” Tenev said Dec 4 at the firm’s investor day in New York.

Nov 19, 2024 · "Amidst the improving conditions in the offshore rig market, with some segments benefitting from utilisation rates of about 90% and improving day rates, securing control over the management and monetisation of our legacy rigs will enable us to reduce our risks as a substantial creditor to (Rigco), and better realise the potential of its assets," says Loh.

Jan 3, 2025 · Follow us on Facebook and join our Telegram channel for the latest updates. With lower rate cut expectations in 2025 and improving loan growth, Phillip Securities research analyst Glenn Thum is remaining “overweight” on Singapore’s banking sector. With just two US Federal Reserve rate cuts ...

Nov 26, 2024 · Trust’s announcement follows an update from GXS Bank on Nov 20, which shared that it is looking to introduce an investment product suite.. Group CEO Muthukrishnan Ramaswami said at a media roundtable that the service will allow the bank’s customers to invest in low risk, mostly fixed-income based unitised funds providing better returns than a …

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Dec 26, 2024 · No one should underestimate the enormity of the challenges the city-state will face in the coming years. Some of the fundamental prerequisites for Singapore’s well-being will be at risk — such as a peaceful world and continued globalisation.

Oct 24, 2024 · Singtel has signed a conditional agreement to sell mobile wallet Dash to Western Union. According to an Oct 24 announcement, the sale is subject to regulatory approvals and it is part of Singtel’s ongoing measures to simplify its structure and portfolio.