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Category: FINANCE

Posted on 12/06/2025

APAC financial sector top target for volumetric DDoS attacks in 2024, report finds

Notably, the financial sector is being hit harder than other sectors. DDoS attacks on financial firms spiked in October 2024, and the sector has remained the leading target for volumetric DDoS attacks ...

Posted on 12/06/2025

10 Best Savings Accounts in Singapore with the Highest Interest Rates (Jun 2025)

For the longest time, UOB One and OCBC 360 were the top dogs when it came to high-interest savings accounts in Singapore. Even after both got nerfed, they still managed to stay ahead of the pack—and ...

Posted on 12/06/2025

Greenback fades as ringgit, baht and Singapore dollar to shine in Asean foreign exchange shift

SINGAPORE] US/Asean foreign exchange (FX) markets were lukewarm as announcements of a China-US trade agreement revealed few details following talks in London on Wednesday (Jun 11), with widespread ...

Posted on 12/06/2025

Retirees in Singapore Can Now Use CPF Life Payouts to Apply for Credit Cards

CPF Life payouts can now be used as proof of income when applying for credit cards at DBS and OCBC, with UOB expected to follow suit ...

Posted on 12/06/2025

Issue #26: What’s Happening This Week? Jetstar Asia Closure, DBS Woman’s World Card Nerf, and More

It’s one of those weeks: card perks are shrinking, airfares might spike, but hey—there’s cashback, cheap flights, and even Les Mis to look forward to. DBS is trimming its Woman’s World Card bonus cap, ...

Posted on 12/06/2025

Jetstar Asia departure ‘positive’ for Scoot but unlikely to see significant benefits for SIA’s earnings: DBS

“Operational efficiency was also impacted by the forced relocation to Changi Terminal 4, which disrupted connectivity and increased costs. These pressures, combined with a highly competitive Southeast ...

Posted on 12/06/2025

Stocks to watch: CapitaLand Investment, TalkMed, Aspen

SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jun 12). Read more at The Business Times.

Posted on 12/06/2025

Singapore shipbroker Vantage prices imminent New York IPO at $13m

Vantage, founded in 2012 by five shipbrokers, has grown from 20 specialists with a focus on tankers to a team of 50 in May, with offices in Singapore and Dubai. Securities filings show it pocketed a ...

Posted on 12/06/2025

US markets still popular; Singapore stability a unique advantage, says Interactive Brokers Singapore CEO

While Singapore is on the path of being the “Switzerland of Asia”, with its safety and security, its reputation could potentially surpass its European counterparts in an increasingly polarised world.

Posted on 12/06/2025

IOIProp’s Singapore acquisition raises outlook

IOI Properties Group Bhd's (IOIProp) recent acquisition of the remaining 50.1% stake in Singapore's South Beach development signals a pivotal moment in its long-term growth trajectory, potentially ...

Posted on 12/06/2025

UOB Cuts Fixed Deposit Rates in New June 2025 Promo from 11 Jun, Offers Up to 1.85% p.a.

United Overseas Bank (UOB) has revised its Singapore Dollar Fixed Deposit promotion, offering updated interest rates of up to 1.85% per annum. The promotion, valid from 11 June to 30 June 2025, is ...

Posted on 12/06/2025

Singapore Eyes Softer Listing Rules to Attract More Companies

Singapore unveils tax incentives, a S$5B market fund, and simplified IPO rules to boost SGX listings amid slowing economic growth.

Posted on 11/06/2025

Singapore, Chongqing continue work on trade and financial connectivity

The China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity (CCI) is the third government-to-government project between Singapore and China, following the Suzhou Industrial Park ...

Posted on 11/06/2025

IOI’s Singapore REIT targeted for 2027 launch

The planned REIT listings will help monetise the assets, give better clarity on their value and be a re-rating catalyst ...

Posted on 11/06/2025

UOB Plays Role In RM15 Bln Data Centre Financing In Johor-Singapore Zone

Bhd announced its role as joint coordinator, mandated lead arranger, underwriter and book runner in one of Southeast Asia’s largest data centre financing transactions. The landmark transaction, which ...

Posted on 11/06/2025

DBS becomes first Singapore-listed company to hit US$100B market capitalisation

SINGAPORE: DBS has surpassed the US$100 billion (S$128.62 billion) mark in market capitalisation, becoming the first Singapore-listed company to do so. On June 10, the bank’s valuation crossed S$129 ...

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