Tan Nai Lun

She will also be appointed to the board’s nominating and remuneration committee

This allows the parking of risk arrangements under one umbrella, while being legally ring-fenced from one another

The acquisition is expected to be 4.3% DPU accretive

Framework will lower costs for captive insurance, insurance-linked securities and sovereign risk pools

The Singapore offering is 9.4 times subscribed, with 3,805 valid applications for 87 million shares

This will lead to a wider range of exchange-listed products available to investors here: SGX

The upgrades promise to make PayNow cheaper, faster, more intuitive and efficient for this segment of users: observers

Its new app uses AI-powered digital avatars to deliver personalised wealth insights to affluent clients

Currency effects have dragged the region’s share of global wealth, though it remains a long-term growth driver

Observers note that cash still has a role in building consumer confidence amid scams and fraud