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Month: July 2024

Posted on 09/07/2024

Investors shift to Singapore after Indian central bank’s curbs on local rupee futures

The jump in open interest on rupee/dollar currency futures on the Singapore Exchange indicates that investors are shifting their arbitrage and hedging activity to the city-state after the Indian ... ( read original story ...)

Posted on 09/07/2024

Rich Chinese return to Hong Kong as Singapore steps up regulatory oversight

Hong Kong has benefited from the reopening of its borders in 2023. The city has efficient connections to Shenzhen and the surrounding Greater Bay Area via its high speed rail line. That is attractive ...

Posted on 09/07/2024

Singapore banks to phase out use of OTP for customers using digital tokens

Major retail banks in Singapore will phase out the use of OTPs for account login for customers who are digital token users within the next three months. These include the three local banks: DBS Bank, ...

Posted on 09/07/2024

Why Lowest Mortgage Rates Are Not the Only Thing Homeowners in Singapore Should Focus On

Ben Goh, Team Lead – Mortgages, PropertyGuru Finance advises it is most important to focus on selecting a loan package that suits your needs. “All banks and lenders are under the purview of the ... ( read original story ...)

Posted on 09/07/2024

Are Singapore Rent Prices for HDB and Condos Finally Coming Down? (2024)

2023 saw a softening of the buoyant rental market. Our latest Singapore Property Market Report Q1 2024 shows that asking rents have stabilised and have been dipping slowly since Q1 2023. So begets the ... ( read original story ...)

Posted on 09/07/2024

Frasers Property secures $904 million sustainability-linked loan

SINGAPORE - Frasers Property’s wholly owned subsidiary, Frasers Property Treasury, has secured a dual-tranche, sustainability-linked loan aggregating $904 million. The group said on July 9 that ... ( read original story ...)

Posted on 09/07/2024

SGX has no immediate plans to allow crypto listings, CEO says

Speaking in an interview at the Reuters NEXT conference in Singapore, Loh said "not at the moment", when asked whether SGX would be open to crypto listings. "I think for any new product launches, it's ...

Posted on 09/07/2024

Watson Listing Plan Still On, Singapore’s Temasek Says

Singapore state-investment company Temasek Holdings said the plan to list A.S. Watson Group remains in place, a potential deal that could be worth billions of dollars.

Posted on 09/07/2024

Singapore’s Temasek doesn’t rule out high-carbon investments on road to net zero

Singapore state fund Temasek will consider investing in fossil fuel and other carbon-intensive projects if they make environmental as well as commercial sense, it said on Tuesday, even as it aims to ...

Posted on 09/07/2024

Singapore state investor Temasek to focus on early adopters of AI in the U.S.; cautious on China

The state investor forecasts that the U.S. will still be the largest destination for its capital, although it is also looking to increase its focus to India and Japan.

Posted on 09/07/2024

Banks in Singapore phasing out OTP login for digital token users to combat scams

Major banks in Singapore will begin phasing out the use of one-time passwords (OTP) for bank account logins by customers who are digital token users. These banks include DBS, OCBC and UOB. The move, ...

Posted on 09/07/2024

Singapore Container Ship Logjam Spills Over to Malaysian Port

Container ship congestion in Singapore, one of Asia’s busiest ports, is spreading to neighboring Malaysia, snarling supply chains and causing delays in the movement of consumer goods.

Posted on 09/07/2024

Singapore banks to phase out use of OTP for login for customers using digital tokens

Major retail banks in Singapore will phase out the use OTPs for account login for customers who are digital token users within the next three months. These include the three local banks: DBS Bank, ...

Posted on 09/07/2024

DBS CEO says bank hunting for bolt-on deals, not game-changing ones

DBS Group is looking for bolt-on acquisitions that would support its geographic and business strategy but has ruled out making a major buy to save itself from distraction, Piyush Gupta, CEO of the ...

Posted on 09/07/2024

Google reveals that Singapore is the country with the most searches for ‘travel’ in the past 12 months

The results also showed that Singapore is one of the top 10 countries searching for forest bathing experiences.

Posted on 09/07/2024

Bank Negara likely to leep OPR at 3% on Thursday – StanChart Singapore

StanChart Singapore said it will also monitor changes in BNM’s assessment of the ringgit after the central bank said in a note in May that "the ringgit currently does not reflect Malaysia’s economic ...

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