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Month: November 2024

Posted on 26/11/2024

MAS: Banking sector’s overall exposure to India’s Adani Group is small

The Singapore banking sector's overall exposure to the Adani Group, the Indian conglomerate embroiled in bribery and fraud allegations by US authorities, is small, the Monetary Authority of Singapore ...

Posted on 26/11/2024

Barclays to add Singapore as private bank booking centre by 2026

SINGAPORE – Barclays plans to add Singapore as its second booking centre for its private bank operations in Asia Pacific, marking a full return to the wealth hub. Rich clients will be able to park ... ( read original story ...)

Posted on 26/11/2024

DBS raises target price for Parkway Life REIT to $4.80

DBS Group Research has kept its "buy" call and raised its target price for Parkway Life REIT to $4.80 from $4.50, calling the owner of hospitals and nursing homes "a rare jewel" among S-REITs offering ...

Posted on 26/11/2024

Barclays to Add Singapore as Private Bank Booking Center By 2026

Barclays Plc plans to add Singapore as its second booking center for its private bank operations in Asia Pacific, marking a full return to the wealth hub.

Posted on 26/11/2024

Singapore’s YouTrip CEO unveils route to IPO for FX digital wallet

The chief executive officer of Singapore-based foreign exchange digital wallet YouTrip was given a private tour of the venue, with bourse executives and market makers like Citadel Securities pitching ...

Posted on 26/11/2024

Singapore’s Central Bank Could Ease in January

Singapore’s softer-than-expected core inflation reading for October prompted Barclays to lower its inflation forecasts and shift its base case for MAS easing to begin in January instead of April.

Posted on 26/11/2024

Green listings are the way to go for Singapore’s capital markets

The region faces a funding crunch and S'pore can help plug the gap by becoming a hub for green listings. Read more at straitstimes.com.

Posted on 26/11/2024

SIMPPLE deploys autonomous cleaning robots on Singapore’s MRT lines

SIMPPLE, a technology provider for the facilities management sector, has deployed 89 autonomous cleaning robots across three mass rapid transit (MRT) lines in Singapore. As part o ...

Posted on 26/11/2024

Singapore Gulf Bank Eyes $50 Million Acquisition of Stablecoin Payments Company

Singapore Gulf Bank is set to acquire a stablecoin payments firm in 2025, aiming to raise $50 million by selling 10% of its equity. ( read original story ...)

Posted on 26/11/2024

RHB upgrades Singapore banks to ‘overweight’ as it sees upside from capital management initiatives

The Singapore research team at RHB Bank Singapore has upgraded the Singapore banking sector to “overweight” from “neutral”, with United Overseas Bank U11 RHB maintains its “buy” calls on UOB and DBS, ...

Posted on 26/11/2024

SM Lee on significance of orderly transitions in political leadership; Home matches at ASEAN championship to start from $8: 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.

Posted on 26/11/2024

Former Singapore Foreign Minister: Thucydides Trap Doesn’t Apply To China

George Yeo, the former foreign minister of Singapore, spoke last month about why China's unique character suggests they do not have any desire to be a colonial power at the Cambridge Union. "America ...

Posted on 26/11/2024

Indian Man Charged For Sexually Harassing 4 Women On Singapore Airlines Flight

A 73-year-old Indian national was charged in a Singapore court on Monday for allegedly molesting four women while on board a Singapore Airlines (SIA) flight from the United States to Singapore.

Posted on 25/11/2024

STI falls 0.4% despite gains in Asia, RHB upgrading Singapore banking stocks

Regional markets ended mixed. Hong Kong’s Hang Seng fell 0.4 per cent, while Malaysia’s FTSE Bursa Malaysia Kuala Lumpur Composite Index gained 0.5 per cent, Japan’s Nikkei 225 ended 1.3 per cent ...

Posted on 25/11/2024

Singapore Gulf Bank plans $50m funding to acquire stablecoin payments firm

Singapore Gulf Bank to acquire a stablecoin firm, fund growth, and prepare for a Q1 2025 equity sale, backed by Bahrain Mumtalakat and Whampoa Group.

Posted on 25/11/2024

How Singapore became the ideal testing ground for self-driving cars

The tiny country has embraced autonomous vehicles as a way to overcome labor shortages and use its scarce land more efficiently.

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