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Month: August 2024

Posted on 20/08/2024

Tightening of HDB loan limits will have limited impact on property market in the long run, say analysts

The enhanced CPF Housing Grant, which will see eligible first-timer families get up to S$120,000, up from the current S$80,000 limit, will benefit lower-income groups the most, they added. ( read original story ...)

Posted on 20/08/2024

Jail for 5 men linked to housing loan scam; bank duped into disbursing over $5.1m

The ruse was linked to two properties - one in Saraca Terrace and another in Woodgrove Walk. Read more at straitstimes.com.

Posted on 20/08/2024

Better macro and interest environment to encourage allocations into S-REITs in 2HFY2024, DBS names top picks

In the 1HFY2024, S-REITs saw lacklustre dividend per unit (DPU) growth, with a sector-wide 7% y-o-y and 5% h-o-h drop in DPUs mainly due to erosion from higher interest costs.

Posted on 20/08/2024

China’s July oil imports from top supplier Russia fall 7.4% from a year ago

China's crude oil imports from top supplier Russia fell in July by 7.4% from a year earlier, official data showed on Tuesday, in line with a broad decline in Chinese refiners' purchases that were ...

Posted on 20/08/2024

Emplifi Reveals Instagram Remains the Platform of Choice for Singapore’s Public Sector

Emplifi, a leading customer engagement platform, today released its ‘Singapore Government Social Media Report – H1 2024.’ The report analyzes how 42 s ...

Posted on 20/08/2024

StanChart makes three executive changes in Europe, Asia transaction banking business

Asia-focussed lender Standard Chartered (StanChart) announced three senior executive changes in its transaction banking business on Tuesday. Ankur Kanwar will lead StanChart's transaction banking ...

Posted on 20/08/2024

Singapore introduces cooling measures for public housing market

The loan-to-value limit for Housing Development Board loans has been lowered from 80% to 75%, the government said.

Posted on 20/08/2024

First supermoon of the year rises over Singapore

SINGAPORE: The first supermoon of the year - also dubbed the Sturgeon moon - shone through on Monday (Aug 19) despite cloudy weather over some parts of the island. It began rising from about 7pm and ...

Posted on 20/08/2024

Drivers rush to new Singapore VEP info centre for help, but many left disappointed

Drivers who showed up at Singapore's new information centre on Malaysia's Vehicle Entry Permit (VEP) have been left disappointed. Many were turned away without having their queries addressed. The ...

Posted on 20/08/2024

HDB loan limits tightened in new property cooling measures; Joseph Schooling reflects on rise and retirement: Singapore live news

Yahoo Singapore is featuring a curated selection of some of the biggest, most important, and fascinating news that's making waves online. ( read original story ...)

Posted on 20/08/2024

HDB loan limits tightened in new property cooling measure; eligible first-time buyers to get higher grants of up to S$120,000

SINGAPORE: The Ministry of National Development (MND) and Housing and Development Board (HDB) on Monday (Aug 19) announced a set of measures to cool the resale market and to provide more support for ... ( read original story ...)

Posted on 20/08/2024

Singapore bans ex-HSBC banker for a year over disclosure breach

(Bloomberg) — The Monetary Authority of Singapore issued a one-year prohibition order against a former HSBC Bank representative after he failed to disclose his previous involvement in police ...

Posted on 20/08/2024

Standard Chartered announces senior appointments to its Transaction Banking leadership

Standard Chartered announced today, the appointment of Sofia Hammoucha as Global Head of Trade & Working Capital based in Singapore. Sofia succeeds Kai Fehr, who has decided to move back to his home ...

Posted on 20/08/2024

Singapore stocks slightly rose on Tuesday—STI edged up by 0.1%

SINGAPORE: Singapore stocks slightly rose on Tuesday, Aug 20, tracking gains seen in global markets... The post Singapore stocks slightly rose on Tuesday—STI edged up by 0.1% appeared first on The Ind ...

Posted on 20/08/2024

‘Even more accessible’: OCBC on empowering women-owned businesses in Singapore to go global

In a striking display of entrepreneurial spirit, women-owned businesses in Singapore are increasingly setting their sights on international markets, with OCBC Bank's new initiative providing crucial ...

Posted on 20/08/2024

Forrester’s 2024 Singapore Customer Experience Index: Financial Services Brands Lack Competitive Differentiation

Singapore Customer Experience Index (CX Index™) annual study, conducted across the banking, investment, and home and auto insurance industries, the average CX quality of the brands is merely "OK". The ...

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