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Month: August 2024

Posted on 14/08/2024

Standard Chartered team up on Next Gen plan with INSEAD and SC Ventures

"Standard Chartered team up on Next Gen plan with INSEAD and SC Ventures" was originally created and published by Private Banker International, a GlobalData owned brand.

Posted on 14/08/2024

The deepfake election nightmare hasn’t happened. Singapore still wants to ban them

Following South Korea’s lead, Singapore intends to ban deepfakes ahead of upcoming elections, despite concerns of curbing freedom of speech.

Posted on 14/08/2024

Singapore stocks close in the black; STI up 0.9%, led by Wilmar

Regional markets responded with mixed results. Hong Kong’s Hang Seng fell 0.4 per cent but South Korea’s Kospi rose 0.9 per cent, Japan’s Nikkei 225 ended 0.6 per cent ahead and Malaysian shares ...

Posted on 14/08/2024

Tax On Forex Trading In Singapore – Updated Guide [Year]

Singapore has rules requiring some traders to pay taxes depending on specific criteria. The rules are nuanced-many consider them a s ...

Posted on 14/08/2024

Singapore’s Nets rolls out SoftPOS product

Singapore's leading payment services group, has launched NETS SoftPOS, a terminal-less payment solution for swifter, seamless and more cost-efficient payment transactions.

Posted on 14/08/2024

Victims in SG lose S$36mil in under 2 months to conmen touting investments on social media, chat groups

Victims lost at least S$36mil in less than two months to conmen touting investment scams on chat groups and social media platforms, Singapore police said.

Posted on 14/08/2024

Declining interest rate environment will affect UOB’s growth engine, says CFO Lee

The upcoming declining interest rate environment will affect a huge part of United Overseas Bank U11 0.00% ’s (UOB) growth engine, so the bank will have to focus on fee income for the foreseeable ...

Posted on 14/08/2024

Singapore Dollar Notches New 2024 High Amid Tighter Policy View

The Singapore dollar extended gains to touch a fresh 2024 high versus the greenback as forecasts for the local central bank to keep a tighter monetary policy relative to the Federal Reserve this year ...

Posted on 14/08/2024

Singapore shares rose on Wednesday—STI increased by 0.7%

In the broader market, 80 stocks were on the rise, while 38 experienced declines, with 42.5 million securities traded, totalling S$56.1 million in value ...

Posted on 14/08/2024

Singapore’s Wilmar posts higher HY profit on food unit strength, higher Adani Wilmar earnings (Aug 13)

Singaporean agri-business Wilmar International's first half profit inched higher, reflecting better performance at its food products segment and helped by higher earnings from the Adani Wilmar joint ...

Posted on 14/08/2024

Singapore shares rise at Wednesday’s open; STI up 0.7%

SINGAPORE shares opened higher on Wednesday (Aug 14), after US and Europe indices rallied overnight. Read more at The Business Times.

Posted on 14/08/2024

Live: Open-top bus parade for Team Singapore’s Olympic athletes

SINGAPORE: Hello and welcome to our live coverage of the open-top bus parade for Singapore's Olympians, who flew the flag high at the recent Paris Games. It's a chance to celebrate the athletes' ...

Posted on 14/08/2024

Singapore Top Property Firms’ Earnings Show Sector Headwinds

Two of Singapore’s largest property companies reported a mixed set of results Wednesday, as high interest rates and a global real estate slowdown weighed on performance in the first half.

Posted on 14/08/2024

Public companies own 33% of Singapore Post Limited (SGX:S08) shares but individual investors control 57% of the company

Key Insights Significant control over Singapore Post by individual investors implies that the general public has ...

Posted on 14/08/2024

Singapore narrows 2024 growth forecast to 2-3%; economy expands 2.9% in Q2

The key manufacturing sector is expected to see a gradual recovery in the second half of 2024. Read more at straitstimes.com.

Posted on 14/08/2024

Commentary: Fresh opportunities, pressing challenges for DBS under new leadership

DBS is poised to get its first female CEO when Tan Su Shan takes over the reins from retiring chief Piyush Gupta next year. Her technological expertise will stand the bank in good stead, says NUS ...

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