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Category: FINANCE

Posted on 14/08/2024

Singapore shares rose on Wednesday—STI increased by 0.7%

In the broader market, 80 stocks were on the rise, while 38 experienced declines, with 42.5 million securities traded, totalling S$56.1 million in value ...

Posted on 14/08/2024

Commentary: Fresh opportunities, pressing challenges for DBS under new leadership

DBS is poised to get its first female CEO when Tan Su Shan takes over the reins from retiring chief Piyush Gupta next year. Her technological expertise will stand the bank in good stead, says NUS ...

Posted on 14/08/2024

DBS launches treasury tokens with Ant International for cross-border liquidity management

The project on DBS' blockchain will enable Ant International to use the digital token to achieve instant, multicurrency treasury management across multiple markets DBS, Singapore's largest banking ...

Posted on 14/08/2024

Singaporean investment app Syfe pulls in $27M to hasten growth in Asia Pacific

Singapore-based investment platform Syfe has been working on making wealth management more accessible in the region by offering a variety of investment products and options, all via a smartphone app.

Posted on 14/08/2024

Singapore tightens GDP growth forecast to 2-3% amid mixed economic signals

SINGAPORE: The Ministry of Trade and Industry (MTI) has revised its gross domestic product (GDP) growth forecast for 2024 to a range of 2.0-3.0 per cent, following an assessment of the country’s ...

Posted on 13/08/2024

New app by Nets enables merchants in Singapore to use smart devices to accept contactless payments

It was rolled out in a pilot programme in the first half of 2024, with over 30 merchants participating to date. Read more at straitstimes.com.

Posted on 13/08/2024

Best Fixed Deposit Rates in Singapore (Aug 2024)—Rates Up To 3.5%, Minimum Deposits From $500

Which bank in Singapore has the best fixed deposit rate ... What we like: Commitment periods start from a relatively short 6 months. What we don't like: UOB's current rate is below average. As ...

Posted on 13/08/2024

Singapore-based DBS Bank Conducts Pilot for Blockchain-Powered Treasury Tokens

DBS Bank launched a new blockchain-based treasury and liquidity management solution in collaboration with Ant International.

Posted on 13/08/2024

RedDoorz Eyes IPO to Build Southeast Asia’s Largest Hospitality Firm

Southeast Asian online hotel management and booking platform RedDoorz has its sights set on IPO – but it has a lot of steps to clear first.

Posted on 13/08/2024

83% of Gen Z in Singapore Aware of Generative AI’s Potential in Banking, Says Visa

Visa revealed that 83% of Gen Z consumers in Singapore are aware of generative AI and its potential to enhance their banking experiences.

Posted on 13/08/2024

DBS faces challenges amid changing environment in the post-Piyush era

How will DBS continue to be a “people’s bank” in Singapore and yet expand regionally for business growth? Read more at straitstimes.com.

Posted on 13/08/2024

Eligible Singaporeans to get between $200 and $400 in September to help with rising cost of living

Those whose assessable income is up to $100,000 and do not own more than one property are eligible. Read more at straitstimes.com.

Posted on 13/08/2024

More than 2.4 million Singaporeans to receive $200 to $400 cost-of-living special payment in September

SINGAPORE: More than 2.4 million Singaporeans are set to receive $200 to $400 as part of the Cost-of-Living (COL) Special Payment in September. At Budget 2024, Prime Minister and Minister for Finance ...

Posted on 13/08/2024

FirstCry shares list at 40% premium over IPO price

Ahead of the issue opening, the company raised ₹1886 crore from 71 anchor investors including SBI Mutual Fund, ICICI Prudential Mutual Fund, among others.

Posted on 13/08/2024

2.4 million Singaporeans to receive between $200 and $400 in September

Those whose assessable income is up to $100,000 and do not own more than one property are eligible. Read more at straitstimes.com.

Posted on 13/08/2024

Over 2.4 million Singaporeans to receive $200 to $400 cost of living payment in September

More than 2.4 million Singaporeans will receive a one-off special payment of between $200 and $400 in September, which aims to help alleviate the rising cost of living. Those aged 21 and above, who ...

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