Singapore's central bank said on Wednesday it would prioritise combatting disclosure breaches, mis-selling of financial products, and money laundering in a report on financial markets oversight. ( read original story ...)
Singapore to Prioritize Misselling, Money Laundering Crack Down
(Bloomberg) -- Singapore’s financial regulator is prioritizing its crack down on disclosure breaches, the misselling of financial products and anti-money laundering this year and next as the city ... ( read original story ...)
Singapore to stop printing S$1,000 banknotes
Singapore will stop printing S$1,000 banknotes from Jan 1 next year, its central bank said on Tuesday, to curb the risk of them being used for money laundering and to finance terrorism. ( read original story ...)
Singapore Shares Tipped To Open Higher On Wednesday
The Singapore stock market has moved higher in two straight sessions, rallying almost 75 points or 3 percent along the way. The Straits Times Index now sits just beneath the 2,500-point plateau and it ... ( read original story ...)
Singapore bank UOB’s Q3 net profit skids 40% as loan loss provisions rise
United Overseas Bank Ltd reported a 40% drop in quarterly profit on Wednesday as Singapore's third-largest-listed lender bulked up loan loss provisions in pandemic-hit markets and its net interest ... ( read original story ...)
Covid-19: What’s Singapore’s Refreshed Economic Strategy & How Does It Benefit Us?
We’re fast approaching the end of 2020, yet it appears that Covid-19 may stay with us for some time longer. It’s been one tough year — although our daily cases are now controlled, we need to stick it ... ( read original story ...)
In Singapore, more millennials are choosing to rent as values shift
A lack of privacy triggered by Covid-19, long wait times for new flats and changing values are some reasons Singaporeans are leaving the nest. ( read original story ...)
Flow of goods and services between Singapore and Malaysia remains smooth: Chan Chun Sing
Mr Chan added that Singapore is able to withstand unexpected disruptions through a combination of strategies, such as stockpiling essential items, diversifying import sources and increasing local ... ( read original story ...)
9 new Covid-19 cases in Singapore, with 7 of them imported
There were nine new coronavirus cases confirmed yesterday, taking Singapore's total to 58,029.. Read more at straitstimes.com. ( read original story ...)
Abrupt halt of Ant Group’s mega-IPO leaves investors guessing
Investors were left reeling by the suspension of Ant Group's $37 billion (£28 billion) stock market listing on Tuesday, with many having spent weeks studying the deal and lobbying bankers for shares ... ( read original story ...)
Singapore to stop printing S$1,000 banknotes from next year
Singapore will stop printing S$1,000 banknotes from Jan. 1 next year, its central bank said on Tuesday, to curb the risk of them being used for money laundering and to finance terrorism. SINGAPORE, ... ( read original story ...)
Singapore-based top hedge fund soars 275% with huge bet in Chinese education companies
QQ says assets under management rose to about US$1 billion ($1.37 billion) last month, with most of the money coming from Qian. ( read original story ...)
Singapore’s loan growth expected to remain in the red till 2021: RHB
Singapore’s loan growth is expected to fall by 2% in 2020. Singapore’s broad money supply grew 11.3% on year in September, inching down marginally from the 11.8% expansion log ... ( read original story ...)
Legislative provisions made to ensure no undue burden on landlords passing on property tax rebates
New regulations will make certain there is "no undue burden" on commercial landlords when they pass on obligatory property tax rebates to tenants, Second Minister of Finance Lawrence Wong said in ... ( read original story ...)
Singapore factory activity expands for fourth month in October, signalling recovery
Manufacturing grew at a faster pace in October in the fourth straight month of expansion, signalling recovery, said experts.. Read more at straitstimes.com. ( read original story ...)
Instant View: Analysts react to suspension of Ant Group’s mega IPO
The Shanghai and Hong Kong stock exchanges on Tuesday suspended Ant Group's IPO, which was initially set for Thursday, in a stunning setback for what was on track to be the world's largest-ever share ... ( read original story ...)