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Category: FINANCE

Posted on 13/11/2024

10 Best Savings Accounts in Singapore with the Highest Interest Rates (Nov 2024)

Savings accounts have a simple premise, but often come with complex mechanisms for you to earn bonus interest. When you open a savings account with a bank, you deposit money into it and let that money ...

Posted on 13/11/2024

87% of financial controllers in Singapore expect their role to change drastically by 2030: EY

In Singapore, 87% of financial controllers expect their role to change drastically by 2030, with 50% expecting a heightened focus on value creation, the 2024 EY DNA of the Financial Controller report ...

Posted on 13/11/2024

Singapore pledges up to US$500 million to finance climate action in Asia

With climate finance weighing heavily at the UN COP29 in Azerbaijan, Singapore announced that it will commit up to US$500 million to a national initiative to channel financing to decarbonise Asia.

Posted on 13/11/2024

Man spun stories to allegedly cheat six people into giving him $25k

SINGAPORE - A man who spun stories ranging from credit card ... On another occasion in April 2024, he allegedly told a third victim that his POSB account was frozen and dishonestly induced her into ...

Posted on 13/11/2024

Temasek Trust invests US$50 million in HSBC-held Tekoma Energy

TEMASEK Trust agreed to invest US$50 million in an HSBC Asset Management-owned Japanese solar energy company. Read more at The Business Times.

Posted on 13/11/2024

Standard Chartered has partnered with Wise Platform to transform international payments experience

In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered has announced a partnership with Wise Platform, Wise’s global payments ...

Posted on 13/11/2024

DBS lowers TP for Acrophyte Hospitality Trust formerly known as ARA US Hospitality Trust to 25 US cents

The REIT’s 3QFY2024 results ended Sept 30 saw its revenue per available room (RevPar) coming in at US$104, less than a 1% decline y-o-y as the fall in occupancy to 72.8% was offset by the increase in ...

Posted on 13/11/2024

Singapore stocks fell as trading began on Wednesday—STI dropped 0.7%

In the broader market, 78 stocks fell compared to 43 that advanced, with 47.8 million securities valued at S$89.5 million traded ...

Posted on 13/11/2024

Forty-four IPOs and counting: Malaysia’s IPO surge reflects investor confidence in local bourse, outpacing regional markets

Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in ...

Posted on 13/11/2024

COP29: Singapore to commit US$500 million as concessional capital for climate action

THE Singapore government will commit US$500 million as concessional capital to support a blended-finance initiative launched by its central bank last year, said Sustainability and Environment Minister ...

Posted on 13/11/2024

COP29: Singapore pledges US$500m to accelerate capital flows into green projects

The dollar-for-dollar pledge contributes to the Financing Asia’s Transition Partnership (FAST-P), which was launched by the Monetary Authority of Singapore last year. The FAST-P blended finance ...

Posted on 13/11/2024

DBS Group: Management’s Dividend Growth Plan Remains Compelling

Shares of Singapore's DBS Group have been on a strong run since my last piece, including a nice bump after Q3 results. Q3 results were strong, with record net income mapping to a strong return on ...

Posted on 13/11/2024

Swiggy’s IPO likely to create 500 crorepatis; 5,000 employees set to earn Rs 9,000 crore in total

Swiggy employees are expected to gain significant wealth. The company's IPO is scheduled to debut on November 13. This event is poised to be one of the largest wealth creation events in the Indian ...

Posted on 13/11/2024

Singapore pledges up to $669m to finance climate action in Asia

SINGAPORE - With climate finance weighing heavily at the UN Climate Change Conference (COP29) in Azerbaijan, Singapore announced on Nov 12 that it will commit up to US$500 million (S$669 million) to a ...

Posted on 12/11/2024

Singapore pledges up to $669 million to finance climate action in Asia

SINGAPORE - With climate finance weighing heavily at the UN climate change conference (COP29) in Azerbaijan, Singapore announced on Nov 12 that it will commit up to US$500 million (S$669 million) to a ...

Posted on 12/11/2024

Tatas dreams: AI-Vistara merger becomes reality; SIA to invest addl Rs 3,195 cr in integrated entity

Marking a significant consolidation in the fast-growing Indian aviation space, Air India on Tuesday completed the Vistara merger to create an integrated airline, partly owned by Singapore Airlines, ...

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