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Category: FINANCE

Posted on 14/11/2024

Singapore calls for regulation of ‘finfluencers’ as MAS pushes for licensing of social media financial advisors

The Monetary Authority of Singapore (MAS) anyone regularly offering paid or free financial advice online to be licensed under the Financial Advisers Act.

Posted on 14/11/2024

Eligible adult Singaporeans to receive cash payouts, MediSave and CPF top-ups in December 2024

SINGAPORE - Eligible adult Singaporeans will be receiving various ... Singaporeans without PayNow-NRIC linked bank accounts, but who have an account with DBS, POSB, OCBC or UOB, may provide their bank ...

Posted on 14/11/2024

Singapore stocks retreated as trading began on Thursday—STI dropped by 0.3%

Singapore banks were also mixed as trading began. UOB was the only gainer among the three major banks, edging up 0.1%, or S$0.03, to S$35.53. DBS dropped 1.3%, or S$0.57, to S$42.21. OCBC also slipped ...

Posted on 14/11/2024

Singapore Bourse May Be Stuck In Neutral On Thursday

(RTTNews) - The Singapore stock market bounced higher again on Wednesday, one day after ending the six-day winning streak in which it had surged almost 185 points or 5.1 percent. The Straits Times ...

Posted on 14/11/2024

Attika Group raises $4.62m with fully subscribed Catalist IPO

The Singapore-based full-service commercial interior decoration and MEP (mechanical, electrical, and plumbing) engineering company debuted on SGX on 8 November.

Posted on 14/11/2024

DBS share buyback raises questions on capital management as counter hits all-time high

DBS has been active on the capital-management front in recent years. It raised dividends in tandem with profit growth, and issued bonus shares after the release of record 2023 results. Read more at ...

Posted on 14/11/2024

Yong Wee Loon is first Singaporean in over 10 years to win UOB Painting of the Year award

SINGAPORE – Local artist Yong Wee Loon, 63, won the 43rd UOB Southeast Asian Painting of the Year (POY) award at a ceremony held at the National Gallery Singapore on Nov 13. Mr Yong also won the award ...

Posted on 13/11/2024

Invest in what works instead of ‘buying insurance’ to keep Singapore successful: SM Lee

SM Lee was sharing his insights on governance at the Edwin L. Godkin Lecture during his US trip. Read more at straitstimes.com.

Posted on 13/11/2024

Niva Bupa IPO: Listing share price prediction – What GMP signals for stock debut on NSE, BSE

The company had fixed a price band in the range of Rs 70 to Rs 74 per share for its Rs 2200 crore IPO. One lot contained 200 shares, which translates to a minimum investment of Rs 14,800. The 3-day ...

Posted on 13/11/2024

Blackbuck IPO sees 24% subscription on day 1

Zinka Logistics, the parent company of Flipkart-backed trucking aggregator BlackBuck, opened its initial public offering (IPO) on Wednesday, with investors subscribing to 24% of the total shares ...

Posted on 13/11/2024

Swiggy’s India IPO Defies Weak Market With 17% Listing Gain

Swiggy Ltd.’s shares rallied in Mumbai on Wednesday in one of the best debuts for a large initial public offering this year, driven by strong investor interest in India’s burgeoning quick-commerce ...

Posted on 13/11/2024

Niva Bupa headed for flat to negative listing? Here’s what grey market premium indicates

The IPO received a decent subscription of 1.9 times ... Under the OFS, Fettle Tone LLP sold shares to the tune of ₹1,050 crore and Bupa Singapore Holdings Pte Ltd offloaded shares valued ₹350 crore.

Posted on 13/11/2024

Starmer Plans to Leave Scrutiny of Shein IPO to UK Regulator

The UK government plans to leave scrutiny of Shein’s pursuit of a stock listing in London to the country’s financial regulator, sparing the Chinese fast-fashion retailer the sort of in-depth review of ...

Posted on 13/11/2024

Singapore artwork paying homage to days past wins 2024 UOB Southeast Asian Painting of the Year Award

In recognition of the Bank's long-term commitment to art, UOB was presented with the Singapore National Arts Council's Distinguished Patron of the Arts Award for the 18 th consecutive year in 2022.

Posted on 13/11/2024

Singapore seeks to raise issuance of govt securities to $1.5 trillion to grow CPF, local debt market

The increase has no impact on the Government’s fiscal or net financial positions. Read more at straitstimes.com.

Posted on 13/11/2024

OCBC has enough capital for M&A, business growth: CEO Helen Wong

OCBC’s wealth revenue includes income from its private bank – Bank of Singapore – as well as lower-rung consumer, insurance and brokerage units. OCBC continues to be on the lookout for deals, with ...

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