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Ravi Menon unveils GFTN board to lead Singapore fintech ecosystem and ‘serve a greater purpose’
FORMER Monetary Authority of Singapore managing director Ravi Menon is looking to “drive greater synergies within the global finance and technology communities” in his latest role as chair of the new Global Finance & Technology Network (GFTN).
Great Eastern posts 52% higher Q3 profit of S$273.4 million
GREAT Eastern posted a 52 per cent year-on-year increase in net profit to S$273.4 million for the third quarter ended September, from S$180.2 million in the previous corresponding period.
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SINGPOST’S net profit for the first half ended September nearly doubled to S$22.6 million on higher revenue. This represented a 97.3 per cent increase from S$11.5 million in H1 FY2023, as revenue rose 20 per cent to S$992.4 million from S$827.3 million a year prior.
Prudential posts 11% rise in 9-month new business profit
ASIA-FOCUSED insurer Prudential recorded new business profit of US$2.3 billion for the nine months ended September 2024.
STI inches up amid likely Trump victory
THE Straits Times Index (STI) inched up on Wednesday (Nov 6), as regional indices posted mixed results. The STI was up 0.6 per cent or 21.38 points at 3,602.99.