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Category: FINANCE

Posted on 16/01/2025

850,000 seniors to receive $200-$300 in AP Seniors’ Bonus cash next month

The AP also guarantees eligible Singaporean senior citizens an AP Seniors’ Bonus totalling between $600 and $900 to be disbursed over three years. As for AP MediSave top-ups, Singaporeans who are 20 ...

Posted on 16/01/2025

Grab, Singtel-backed Super Bank mulls IPO: report

The Jakarta-based digital bank may raise up to $300m, sources said. Super Bank Indonesia is considering an initial public offering that may take place in Jakarta as soon as this year, according to ...

Posted on 16/01/2025

Uni-Fuels Becomes Singapore’s First Marine Fuel Provider to List in U.S.

“We are extremely honoured to be the first homegrown Singaporean marine fuel provider to list on Nasdaq and in the U.S.,” said chief executive officer Koh Kuan Hua. “This achievement reflects the hard ...

Posted on 15/01/2025

British activist investor seeks to disrupt Singapore’s Great Eastern takeover

Palliser Capital accuses OCBC of treating insurer’s minority shareholders unfairly as activist campaigns pick up in Asia ...

Posted on 15/01/2025

Singapore renews Cordlife’s licences for cord blood banking, human tissue banking services

SINGAPORE: Cordlife announced its cord blood banking service and human tissue banking service licences have been renewed by the Ministry of Health (MOH) for one year, with effect from Jan 14.

Posted on 15/01/2025

Singapore shares in the black at Wednesday’s open; STI up 0.2%

Singapore shares were in positive territory on Wednesday (Jan 15) at the open, as investors globally await key inflation data in the US which will set interest rate expectations. Read more at The ...

Posted on 15/01/2025

Special dividend from DBS, share buyback programme by UOB in CGSI’s forecasts ahead of FY2024 results

The analysts’ second-choice pick is OCBC, with an “add” call and a target price $17.70. “OCBC’s robust common equity tier-1 (CET-1) of 16% as at end-2Q2024 remains a key advantage, whether for M&As or ...

Posted on 15/01/2025

Cordlife’s licences for cord blood banking and human tissue banking services renewed for a year

Cordlife was allowed to resume its cord blood banking services on a limited basis. Read more at straitstimes.com.

Posted on 15/01/2025

As Singapore cracks down on online financial scams, will Malaysia follow suit?

Malaysia and Thailand are reviewing their own laws against online fraud, with an eye on Singapore’s Protection from Scams bill.

Posted on 15/01/2025

2 people avoid losses of over $218,000 due to Anti-Scam Centre and banks’ efforts

SINGAPORE - Two people who were targeted in separate scam schemes managed to avoid losses of more than $218,900 after the police’s Anti-Scam Centre (ASC) and the victims’ banks stepped in. The ASC ...

Posted on 14/01/2025

Upcoming Zepto IPO: From Singapore to India; Key approvals and shifts – Here’s what you need to know

Zepto plans IPO debut in India, shifting domicile from Singapore. Key preparations underway. Stay updated for more details!

Posted on 14/01/2025

Grab, Singtel-backed Super Bank is said to consider Jakarta IPO this year

Super Bank’s backers also include app platform Grab Holdings and Singapore Telecommunications and KakaoBank Corp., according to its website. It traces its roots back to 1993, when it was known as PT ...

Posted on 14/01/2025

Singapore’s growing financial services sector one for investors to keep a long term view

Amid the years of rising geopolitical tensions, the steady growth of Singapore’s financial services industry has shown investors that this is a sector where they can take a long-term view, says Chee ...

Posted on 14/01/2025

Singapore, Malaysia Kindle a Border-Town Investment Boom

Hundreds of thousands of people travel across the causeway connecting Singapore and Malaysia daily, making it one of the world’s busiest border crossings.

Posted on 14/01/2025

8 Best Personal Loans in Singapore with Lowest Interest Rates (Jan 2025)

If you’re in urgent need of money, but are too paiseh to borrow from your family and friends, your best bet is probably a personal loan. With a personal loan, you borrow cash from a bank or financial ...

Posted on 14/01/2025

Snaking hour-long lines for new notes ahead of Chinese New Year

For 80-year-old Helen Su, who had stood in line for some two hours, the long wait is an annual affair. The retiree has been withdrawing brand-new notes for many years now as a “symbol of new ...

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