DBS experts said that REITs with over 20% of their loans unhedged will see the most immediate gains, as reported by Singapore Business Review. DBS said CDL Hospitality Trusts (CDLHT) and Far East ...
MHA mulls allowing police to restrict victims’ banking transactions to tackle scams
The restriction will be time-limited, meaning the account will be frozen temporarily. Read more at straitstimes.com.
S’pore banks signal pivot to fee income, fixed-rate loans, cash flow hedges as rate cuts loom
Rising and declining interest rates are both double-edged swords for the local banks. As interest rates rise, banks usually re-price their loans faster than deposits. However, as the rising interest ...
DBS Bank pilots blockchain-based government grants
Singapore’s DBS Bank launched a solution that uses blockchain technology to streamline the disbursement of government grants. DBS Bank announced that in the pilot, it collaborated with Enterprise ...
Singapore’s Temasek to issue 2.7b offshore Chinese yuan bond
SINGAPORE - Singapore's state investment firm Temasek will issue 10-year and 30-year offshore Chinese yuan bonds with a total worth of 2.7 billion yuan ($379 million), according to the latest ...
Singapore stocks dip on Thursday—STI dropped by 0.3%
In the broader market, there were 54 gainers compared to 41 losers, with 23.9 million securities traded, valued at S$30.7 million.
Pilot paves way for Singapore to use blockchain to give out government grants to firms
Grants were made out via blockchain to 27 firms under an Enterprise Singapore scheme. Read more at straitstimes.com.
Pilot paves way for Singapore to use blockchain to give out government grants to firms
Grants were made out via blockchain to 27 firms under an Enterprise Singapore scheme. Read more at straitstimes.com.
DBS Tests Blockchain-Based Government Grant Disbursements
DBS has launched a pilot project for programmable grant disbursements in collaboration with EnterpriseSG and the SFA.
Wang Qiming and Liu Kai: Bankers who Orchestrated Singapore’s Biggest Money-Laundering Scandal
Singapore’s reputation as a global financial hub has been shaken by a monumental money-laundering scandal involving two prominent bankers, Wang Qiming and Liu Kai. This case, which has become the ...
PNB Housing Finance falls 3% after Rs 715.60 crore block deal; Asia Opportunities V likely seller
Shares of PNB Housing Finance fell over 3 percent on August 22 after a block deal worth as much as Rs 715.60 crore took place in the counter, with Asia Opportunities V (Mauritius) being the likely ...
Singapore consumers ranked CIMB as the Best Consumer Bank for Customer Service
CIMB Singapore has been voted top consumer bank for customer service in The Straits Times "Singapore's Best Customer Service Survey 2024/25". This is the second consecutive year that CIMB has been ...
StarHub appoints DBS Singapore’s Han Kwee Juan as independent non-executive director
StarHub has appointed Han Kwee Juan, the Group Executive and Country Head of DBS Singapore, as an independent non-executive director.
CDP vs. Custodian Accounts in Singapore: Which One Should You Trust with Your Investments?
Moomoo is currently running an exciting promotion, especially if you are interested in reorganizing where you want to custodise your securities. If you hold local securities in your CDP account and wo ...
Singapore shares retreat at Thursday’s open; STI down 0.3%
SINGAPORE shares started trading in negative territory on Thursday (Aug 22) despite overnight gains in global markets. Read more at The Business Times.
CNBC-TV18 newsbreak confirmed: General Atlantic Singapore Fund FII sells 5.1% stake in PNB Housing via block deals
According to the block deal data available on the BSE, here's the list of major buyers: Singapore Government: Acquired a 1.40% stake, amounting to 36.45 lakh shares, at ₹802.5 per share.