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Month: February 2024

Posted on 23/02/2024

Our share price is ‘crap’, admits Standard Chartered boss

Standard Chartered is listed in London but offers consumer and commercial banking in the likes of China, Hong Kong and Singapore. Despite having no branches in the UK, it has sponsored Liverpool FC ...

Posted on 23/02/2024

T-bills in Singapore: What it is, how to buy and the latest cut-off yield (20 February 2024)

The latest six-month Treasury Bills (T-bills) that was issued on 20 February 2024 had a cut-off yield of 3.66 per cent per annum, and the cut-off price was 98.175.With a S$13.5 billion total amount ...

Posted on 23/02/2024

Singapore’s Inflation Slows Unexpectedly at Start of 2024 — Update

SINGAPORE--Singapore's inflation slowed in the first month ... it should resume its path of gradual moderation over the rest of the year "as import cost pressures continue to decline and tightness in ...

Posted on 23/02/2024

South Korea and Japan beef up military export trade, showcase defence capabilities at Singapore Airshow

SINGAPORE: South Korea and Japan have been moving to beef up their military export trade, with their intentions on display at the ongoing Singapore Airshow. South Korea is looking to be among the ...

Posted on 23/02/2024

Singapore stocks fall amid disappointing earnings, STI down 1.2%

Investors here ignored Wall Street’s heroics to focus on local corporates ... and they didn’t like what they saw. Disappointing results at Genting Singapore and Venture Corp helped send the Straits ...

Posted on 23/02/2024

StanChart CEO’s pay soars to $13.3 million, highest since 2015

SINGAPORE – Standard Chartered chief executive Bill Winters saw his total pay package rise 22 per cent in 2023. Winters’ total remuneration climbed to £7.8 million (S$13.3 million) last year, from ...

Posted on 23/02/2024

12 best cashback credit cards in Singapore (2024)

Collecting air miles for your jet setting lifestyle admittedly sounds sexier than trying to scrounge for cash rebates. But if you're still one of those people who believe that cash is king, getting ...

Posted on 23/02/2024

DBS customers now able to ‘lock up’ funds in existing accounts

SINGAPORE: DBS is extending its digiVault protection to all accounts, allowing customers to "lock up" funds in their existing accounts. The feature, launched last November, enables customers to lock ...

Posted on 23/02/2024

Singapore Core Inflation Unexpectedly Slows Despite GST Hike

Singapore’s core inflation slowed in January defying all estimates, amid smaller gains in costs of healthcare to household goods despite an increase in the goods and services tax. The core gauge, ...

Posted on 23/02/2024

Former Julius Baer Banker Joins Azura to Lead Singapore Business

Wealth manager Azura hired former Julius Baer Group Ltd. banker Vincent Ming to lead its operation in Singapore, further expanding its footprint in Asia. Ming has become chief executive officer of ...

Posted on 23/02/2024

Singapore Inflation Eases Unexpectedly To 2.9%, Lowest In 28 Months

Singapore's consumer price inflation softened unexpectedly in January to the lowest level in more than two years amid a slowdown in ...

Posted on 23/02/2024

Singapore shares experienced downturn in Friday—STI down 0.5%

SINGAPORE: Singapore shares experienced a downturn on Friday ... In Europe, the Stoxx 600 index scaled to an all-time high on Thursday, propelled by the performance of technology shares in response to ...

Posted on 23/02/2024

Post-pandemic recovery fuels robust attendance – and hopes – at Singapore Airshow

As the bustling trade portion of first fully post-pandemic Singapore Airshow wound down on Friday, exhibitors and delegates said they were optimistic for the aviation industry despite suppliers' ...

Posted on 23/02/2024

Singtel implements world’s first app-based network slicing technology

Singtel and Ericsson have implemented the world's first app-based network slicing, allowing app owners to activate a dedicated, customised slice of the telco's 5G network to boost the performance of ...

Posted on 23/02/2024

Faster cooling in Singapore’s inflation puts focus on monetary outlook

SINGAPORE, Feb 23 (Reuters) - Singapore's key inflation rate rose at a slower pace than markets had expected last month, official data showed on Friday, opening the door for the central bank to ...

Posted on 23/02/2024

Foreign debuts, but few defence deals at Singapore air show

SINGAPORE, Feb 23 (Reuters ... With international sanctions hobbling business and the invasion of Ukraine sapping supplies, competitors said there were opportunities to step in with some Asian ...

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