Singapore's three largest banks expect wealth management and growing loan portfolios to drive earnings in 2025 after they posted strong earnings growth in the third quarter. Click to read.
Singapore’s dtcpay to End Support for Bitcoin and Ethereum to Focus on Stablecoins by 2025
With this shift, dtcpay aims to deliver a more scalable and compliant payment ecosystem while adapting to evolving consumer needs.
Singapore export payments drop 27% YoY in 2024: Instarem
Singapore's export payments fell 27% YoY in 2024, which may reflect a shift toward domestic priorities, Instarem said.
Most firms don’t expect better business conditions despite earning higher revenue
The report revealed that 65% of companies experienced revenue growth this year, marking a 2% increase from the previous year. However, only 36% of respondents expressed confidence in an improvement in ...
Exxon eyes $1 billion sale of Singapore petrol stations to focus on high-profit sectors
US major Exxon Mobil is planning a sale of its petrol stations in Singapore in a deal that could raise $1 billion, Bloomberg reported.
Robust outlook for Singapore’s three biggest banks
DBS, OCBC and UOB – reached record highs in November, driven by strong Q3 2024 earnings, which bolstered investor confidence in the local banking sector. Read more at The Business Times.
DBS, ThaiBev, YZJ Shipbuilding and DFI help bring STI above 3,800 points, a 17-year high
This was largely due to intra-day surges by constituents DBS Group Holdings, Thai Beverage Y92 and Yangzijiang Shipbuilding, while other component stocks DFI Retail Group D01, Sembcorp Industries U96 ...
Singapore’s property tax changes to ease costs for most homeowners in 2025
In a release, the Ministry of Finance announced that 90% of owner-occupied private properties will benefit from reduced tax bills, supported by a one-off rebate of 20% for HDB flats and 15% for ...
Crypto payment platform Dtcpay to drop BTC and ETH, shift to stablecoins
Starting in January 2025, Dtcpay will only support fiat and stablecoins transactions including USDT, USDC, FDUSD and Worldwide USD (WUSD).
Crypto payment firm Dtcpay shifts to stablecoin-only payments model
Singapore-licensed cryptocurrency payment platform Dtcpay has announced plans to phase out support for cryptocurrencies like Bitcoin in favor of stablecoin-only transactions. Dtcpay took to X on Dec.
WEEX Partners with Michael Owen to Champion Their Revolutionary Crypto Trading Experiences
WEEX, a leader in the world of cryptocurrency exchanges, is excited to announce a groundbreaking partnership with soccer legend Michael Owen. This collaboration marks a thrilling fusion of ...
Building Dubai’s Crypto Hub, The Story Of DMCC’s Leadership
Explore Dubai's journey to becoming a global crypto hub, from early blockchain pilots to the rise of the DMCC Crypto Centre under Ahmed Bin Sulayem’s leadership.
Crypto.com partners with HackerOne for $2M bounty program
Crypto.com, trusted by more than 100 million customers worldwide and the industry pioneer in regulatory compliance, security and privacy, announced that it has upgraded their existing bug ...
Australia approves US$50 mil investment into Singapore’s Fast-P blended finance initiative
At COP29, the Singapore government pledged up to US$500 million as concessional capital, to match dollar-for-dollar concessional capital from other partners.
Best Credit Card Promotions in Singapore (Dec 2024): Citibank, DBS, HSBC, UOB, and More
This December, it's giveaways galore. Sign up for a credit card and you could walk away with an all-new Porsche Taycan, 1,000,000 Ascott Star Rewards Points, and up to 50,000 SmartPoints. Plus, enjoy ...
Standard Chartered targets USD200 billion in net new money and double-digit wealth growth over next five years
Standard Chartered (“the Bank”) hosted its Affluent Investor Seminar today, unveiling its strategy to accelerate business growth. Bolstered by a USD1.5 billion investment commitment announced in ...