SINGAPORE: Singapore's central bank on Friday loosened its monetary policy, the first such move since 2020, saying it expects inflation and growth to be slower than it initially forecast this year.
DBS keeps ‘buy’ on OUE REIT on better operating performance seen
For its 2HFY2024 ended Dec 2024 period, OUE REIT reported a DPU of 1.13 cents, up 8.7% y-o-y, boosted by the removal of working capital retention, as well as the distribution from divestment proceeds ...
Indonesian man attempted to deposit counterfeit $10,000 note at DBS branch in Hong Lim Complex
A 36-year-old Indonesian man has been charged for delivering a counterfeit $10,000 note. Read more at stomp.straitstimes.com ...
Singapore eases monetary policy for first time in 4 years
Singapore’s central bank has eased monetary policy for the first time in four years amid rising expectations of trade turmoil after Donald Trump’s return to the US presidency and moderating domestic ...
How Dubai and Singapore compare for business and a luxury lifestyle, according to an entrepreneur
Alessandro Palombo told BI Dubai and Singapore are both great cities for doing business but a luxury lifestyle can look very different in each hub.
Singapore eases monetary policy for the first time since 2020
Singapore on Friday loosened its monetary policy for the first time since 2020, as it strives to boost growth. The Monetary Authority of Singapore said it would slightly reduce the slope of its ...
Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance
Wealthy leaders share the financial advice they gave their kids, including invest early, budget —and think carefully about inheritance.
COTD: Singapore amongst top investment destination for CEOs in Asia Pacific
Singapore ranked amongst the top choices for CEOs in the Asia-Pacific region planning to invest in international operations over the next 12 months.
These were the notable industrial investment deals in Singapore in Q4
Some firms were compelled to exit, but other manufacturers expanded with new investments. As the manufacturing environment in Singapore becomes increasingly sophisticated, Knight Frank noted that cost ...
T-bills remain an option for low-risk portion of an investment portfolio as yields hold around 3%
With a yield of around 3 per cent, and a triple-A credit rating for the Singapore Government, T-bills are a “solid alternative for investors seeking risk-free returns”, Mr Wong said. Mr Kevin Teng, ...
Singapore’s Starhub and Nokia to work together on 5G and 4G technology
Singaporean multinational telecommunications conglomerate StarHub and Finland's telecoms giant Nokia have announced a partnership in the area of fourth and fifth generation (4G and 5G) mobile communic ...
WazirX gets Singapore Court greenlight to repay $235M hack victims
WazirX users are in recovery mode. The Indian crypto exchange confirmed that it had received approval from a Singapore court to repay customers for any funds that were not stolen in the hack last year ...
Singapore HC rules to allow WazirX roll out scheme to distribute assets to affected users
The decision comes days after the Indian crypto exchange froze the first tranche of assets stolen in the July 2024 cyberattack.
Singapore startups are a source of inspiration
The emphasis on collaboration, mentorship and learning from failure remains universal, writes Sally Dale At the Singapore Week of Innovation and Technology (SWITCH) at the end of October, I had the ...
DBS remains overweight US amid ‘complex’ and ‘nuanced’ landscape
In this quarter, investors should position themselves in “extremes.” They should seek exposure to the highest beta sectors and ride the upside of Trump’s expansionary policies.
Why don’t more countries import their electricity?
In ten years’ time Singapore wants to import a third of the power it consumes this way. At a time of rising geopolitical and trade tensions, it may seem mad to embrace dependence on other countries ...