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Goh Jin Hian has been found liable for S$196 million (US$146 million) in losses as director of now-insolvent marine fuel supplying company Inter-Pacific Petroleum (IPP).
Over a few days, an employer spied on his foreign domestic helper while she was bathing, using a closed-circuit television (CCTV) camera he had secretly installed.
DBS Group Holdings Ltd.’s fourth-quarter profit came in short of analyst expectations amid signs of pressure on margins. And while 2023 results hit a record, Chief Executive Officer Piyush Gupta’s compensation got hit due to last year’s digital banking disruptions.
“The world is changing,” Phumtham said. “We have to think about new ways of selling things.”
GIC’s current deputy chief operating officer Sam Kim will be appointed as COO as part of a wider senior leadership changes, it said in a statement on Wednesday.
HAMBURG, Germany -- The first biomethanol container ship built by a Chinese company is set to depart from Shanghai for Rotterdam in the second quarter, as the industry moves toward cleaner fuels following a new European Union rule requiring large shippers submit emission certificates.
SINGAPORE -- DBS Group Holdings said on Wednesday that it had cut the pay of senior management after a series of digital banking failures dogged Singapore's largest bank by total assets last year.
The ocean system comprising tiny phytoplanktons to mangrove belts and sea grasses can store up to five times more carbon than tropical forests, but its vast natural potential is being rapidly depleted, according to Siti Maryam Yaakub, senior director at Singapore-based International Blue Carbon Institute.