From May 1 onwards, account holders under the 360 Account will receive a maximum rate of 6.3% per annum (p.a.), down from its prevailing rate of 7.65% p.a.
S-Reits surge as banks decline; see beginnings of a rebound
SINGAPORE] Trade tensions in global markets were evident in the performance of global banks in recent weeks. The Singapore trio of DBS, OCBC and UOB averaged declines of 1.4 per cent. At the same time ...
4 Multi Generation Family-Owned Singapore Companies That Are Listed On The SGX
These multi generation family-owned Singapore companies are publicly listed and their shares can be purchased on the SGX by investors ...
How financial literacy and trust can guide investment decisions towards better financial health
Fresh research shows that financial knowledge drives desirable and positive financial behaviours. Read more at straitstimes.com.
‘Water will be critical’, says UOB, first Singapore bank to publish TNFD-aligned report
Water will be critical', says UOB, first Singapore bank to publish report aligned to the Taskforce on Nature-related Financial Disclosures or TNFD.
Microsoft to launch 3 new data centres in Malaysia by mid-year as part of US$2.2B investment
Almost a year after announcing a US$2.2 billion (S$2.9 billion) investment over the next four years in May 2024 to expand cloud and artificial int ...
Chocolate Finance withdrawal updates: All requests between March 10 and 18 successfully processed and paid out
SINGAPORE: All withdrawal requests made by Chocolate Finance cardholders between March 10 and March 18 have been successfully processed and paid out by the end ...
Alarm bells for 2025: 75% senior executives in Singapore fear rising financial crime risks
A new global report reveals that business executives in Singapore are increasingly concerned about financial crimes targeting their organizations ...
5 Singapore Companies Boasting Dividend Yields of 4.8% or Higher
Here are five stocks with attractive dividend yields that income investors will relish. The post 5 Singapore Companies Boasting Dividend Yields of 4.8% or Higher appeared first on The Smart Investor.
UOB CEO Wee Ee Cheong’s 2024 pay down 5.7% at S$15 million despite record net profit
SINGAPORE] UOB chief executive officer Wee Ee Cheong’s annual salary for 2024 dipped, despite the bank reporting a record net profit for the full year. Read more at The Business Times.
Singapore shares end Friday in the red as trade war fears escalate; STI down 0.1%
Investors opted for a defensive stance and nudged the Straits Times Index (STI) down 0.1 per cent or 4.04 points to 3,926.45 while losers outpaced gainers 284 to 234 on trade of 1.3 billion securities ...
Majority of Chocolate Finance withdrawal requests have been fulfilled, says fund manager
SINGAPORE] As at Friday (Mar 21), all redemption requests that Chocolate Finance received between Mar 10 and the 1 pm cut-off on Mar 18 have been successfully paid out, said the wealth investment firm ...
UOB, one of eight TNFD adopters in S’pore, identities nature-related risks in 2024 sustainability report
UOB estimates that 60% of its $58.0 billion sustainable financing portfolio falls within the “climate-nature nexus”, an overlap between climate and nature.
UOB CEO Wee Ee Cheong’s FY2024 pay trimmed by 6% y-o-y to $15 mil despite record earnings
Wee’s basic salary rose from $1.2 million in FY2023 to $1.44 million in FY2024, although his bonus fell to $13.56 million in FY2024 from $14.69 million the year before.
Man admits to roping in others to open bank accounts that received over $1.3m in scam proceeds
Three of the four men have pleaded guilty and they will be sentenced on March 26. Read more at straitstimes.com.
Chocolate Finance says all withdrawals paid out; future requests to take three to six business days
The firm said that it is unable to commit to a timeline for the resumption of instant withdrawals. Read more at straitstimes.com.