Catcha Investment 2.0, the second blank cheque company formed by Singapore-based internet investment firm Catcha Group, has filed to withdraw its plans to raise $250 million in an initial public ... ( read original story ...)
Singapore bank OCBC’s Q2 profit jumps 28%, upbeat on outlook
Singapore's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) reported a stronger-than-expected 28% jump in quarterly profit and gave a robust outlook as rising interest rates pushed up ... ( read original story ...)
Rising Interest Rates and Returns for Singapore Savings Bonds (SSB) — Should You Start Investing In It?
With the increased attention toward personal assets, people are looking to strengthen their portfolios by investing in low-risk bonds. Learn more about Singapore Savings Bond (SSB), a bond with a ... ( read original story ...)
Singapore bank OCBC’s Q2 profit jumps 28%, beats estimates
SINGAPORE (Reuters) -Singapore's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) reported a better-than-expected 28% jump in quarterly profit on Wednesday as it benefited from rising ... ( read original story ...)
Ng Eng Hen responds to clarifications sought on Singapore Armed Forces and Other Matters Bill
Defence Minister Ng Eng Hen responded to clarifications sought on the Singapore Armed Forces and Other Matters Bill. The Bill was passed. There was then a second reading of the Constitution of the ... ( read original story ...)
Singapore Stepping Up Efforts to Tackle Heat, Straits Times Says
Singapore is working on a range of measures to counter the impact to rising temperatures driven by global warming, its Minister for Sustainability and the Environment said, according to a Straits ... ( read original story ...)
Pritam Singh on Constitution of the Republic of Singapore (Amendment No. 2) Bill
Leader of the Opposition Pritam Singh said the Workers’ Party would vote against the Constitution of the Republic of Singapore (Amendment No. 2) Bill as a matter of principle. That is because the Bill ... ( read original story ...)
Singapore’s central bank ‘actively reviewing’ its approach to regulating stablecoins
The Monetary Authority of Singapore is currently assessing its approach to the regulation of stablecoins following May's collapse of algorithmic stablecoin TerraUST (UST-USD). As ... ( read original story ...)
Gerald Giam on Singapore Armed Forces and Other Matters Bill
The Singapore Armed Forces’ new Digital and Intelligence Service cannot operate in a silo; all the armed services must continually digitalise to keep their edge on the battlefield. MP Gerald Giam made ... ( read original story ...)
Tiesto and Zedd to headline ZoukOut Singapore in December
Award-winning DJs Tiesto and Zedd will be spinning at ZoukOut Singapore on 2 and 3 Dec, respectively, on Sentosa’s Siloso Beach. Both are currently resident DJs of Zouk Las Vegas. The festival will be ... ( read original story ...)
Singapore manufacturing growth slows in July as electronics cools
After 25 straight months of growth, it signals that the second half of the year is starting on a dour outlook. Read more at straitstimes.com. ( read original story ...)
Singapore’s manufacturing PMI declines to 50.1 in July
The Singapore purchasing managers' index (PMI), an early indicator of manufacturing activity, edged down 0.2 points from the previous month to post a slower rate of expansion at 50.1 this July, the ... ( read original story ...)
Singtel adds $100M to startup investment arm
Singapore telco pumps another $100 million into its VC arm Innov8 to expand its investment portfolio across Southeast Asia, China, Australia, Israel, and the US. ( read original story ...)
Singapore’s Central Bank to Consult Public for Stablecoin Regulations
The MAS is reviewing a regulatory regime targeting risks involving stablecoins, the minister in charge of the bank said. ( read original story ...)
No change to ‘generous’ CPF interest rates amid inflation, with floor rates still higher than bank rates: Tan See Leng
SINGAPORE — The interest rates for the Central Provident Fund (CPF) will remain unchanged for now because interest rates at banks continue to be below the effective CPF floor rates. ( read original story ...)
Singapore’s watchdog urges financial firms to ‘discourage’ retail crypto trading
Despite the cryptocurrency sector's exponential growth, Singapore's central bank is warning against crypto trading. ( read original story ...)