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Month: November 2023

Posted on 15/11/2023

Hong Kong luxury home rents rose as Singapore’s fell amid contrasting market conditions in third quarter

Hong Kong’s luxury home rents rose 1 per cent in the third quarter from the previous three-month period, while Singapore’s slipped by 1.7 per cent, highlighting the contrasting fortunes of Asia’s ... ( read original story ...)

Posted on 15/11/2023

Standard Chartered Investment Arm Launches Tokenization Platform

Crypto Futures Funding Rates Normalize After Bitcoin Drops to $35.6K ...

Posted on 15/11/2023

Standard Chartered’s SC Ventures debuts tokenization

In a pioneering move within the financial sector, SC Ventures, the innovative fintech investment and venture arm of Standard Chartered, has stepped into the future of finance with the launch of their ...

Posted on 15/11/2023

Analysts keep estimates unchanged for OCBC; bank named as top sector pick for some

While DBS Group Research analyst Lim Rui Wen has kept her “hold” call like her peers, she is less upbeat on OCBC’s outlook even though the bank’s results stood largely in line with the estimates of ...

Posted on 15/11/2023

Singapore introduces five new pilots to test asset tokenization

In addition to the five pilots, MAS launched Global Layer One (GL1) to explore the design of an open, digital infrastructure that will host tokenized financial assets and applications.

Posted on 15/11/2023

Owner of Hong Kong crypto exchange OSL gets US$91 million from firm linked to Bitget, which is exiting the market

BGX is taking a 30 per cent stake in BC Technology to become the largest shareholder of the owner of one of two licensed Hong Kong crypto exchanges.

Posted on 15/11/2023

Fast-growing Johor eyes Singapore power trade, electric vehicle opportunities in green economy drive

Malaysia’s southernmost state is exploring clean power exports and boosting EV infrastructure development via a proposed special economic zone with Singapore. Johor's green economy plan will also look ...

Posted on 15/11/2023

Could unproven claims about Lee Kuan Yew hurt Malaysia-Singapore trade? Jelutong MP asks in Parliament

Jelutong MP RSN Rayer today raised concerns that bilateral trade with Singapore might be damaged as a result of unproven allegations made by another Malaysian MP in the Dewan Rakyat about the republic ...

Posted on 15/11/2023

Singapore President Believes AI Will Ease Talent Shortage

Tharman Shanmugaratnan, the newly appointed president of the city-state, spoke at this week’s Singapore FinTech Festival, noting that artificial intelligence will help it meet the challenges of a ...

Posted on 15/11/2023

Record dividends expected for Singapore’s largest stocks this year: Janus Henderson

ASSET manager Janus Henderson expects Singapore’s largest stocks to issue record dividends for the full year, exceeding the previous peak in 2011. Read more at The Business Times.

Posted on 15/11/2023

Singapore’s Temasek, Saudi PIF take contrarian view on China, raise bets on consumer stocks as other foreign investors flee

Two of the world’s biggest state owned investors have poured money into China’s consumption stocks during the third quarter, at a time when Western investors are retreating over growth concerns and ...

Posted on 15/11/2023

IMF says central bank digital currencies can replace cash: ‘This is not the time to turn back’

Kristalina Georgieva of the IMF said that the public sector should keep preparing to deploy CBDCs and related payment platforms in the future.

Posted on 15/11/2023

Singaporeans to receive Assurance Package (AP) support next month

The Assurance Package (AP) aims to help Singaporeans tide through the period of higher inflation and cushion the impact of the GST rate increase...” MOF said in a press release ...

Posted on 15/11/2023

All adult Singaporeans to receive Assurance Package cash payments in December

SINGAPORE – All adult Singaporeans will receive between $200 and $800 in December through the Government’s Assurance Package to help with the rising cost of living. This will apply to Singaporeans ...

Posted on 15/11/2023

UBS, DBS and SBI execute world first live repurchase transaction of natively-issued digital bond on public blockchain

This is part of MAS’s Project Guardian, a government-industry partnership to test the feasibility of asset tokenisation.

Posted on 15/11/2023

‘Singapore is wide open for business’: EnterpriseSG launches overseas centre in San Francisco

The San Francisco Overseas Centre will facilitate Singapore companies’ entry into the US and boost investment between the two countries.

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