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Category: FINANCE

Posted on 28/10/2024

Singapore Stock Market May Open Under Pressure Again On Monday

The Singapore stock market on Friday snapped the modest two-day winning streak in which it had gathered almost 20 points or 0.6 ...

Posted on 28/10/2024

Middle East growth spurs new opportunities for Asean collaboration: Standard Chartered

AMID shifting trade dynamics and a fragmented geopolitical landscape, fresh opportunities for collaboration are emerging between the Middle East and Asean – with Singapore poised to play a pivotal ...

Posted on 27/10/2024

OCBC sponsors S$1 million for new solar-powered electric cruisers at Gardens by the Bay

A FLEET of 15 solar-powered electric cruisers started plying their routes at Gardens by the Bay on Oct 23. Read more at The Business Times.

Posted on 27/10/2024

Food Innovators Holdings Limited (KYB): 5 Things You Should Know About This Newly-Listed F&B Company

The Singapore Exchange (SGX) recently welcomed a new stock listing, Food Innovators Holdings Limited (SGX: KYB), on the Catalist board of the SGX on 16 October.

Posted on 27/10/2024

Swiggy IPO may launch for public subscription between November 6 to 8, see other details: Report

Swiggy may launch its Initial Public Offering (IPO) for public subscription between November 6 to 8 with the anchor book portion scheduled for November 5 ...

Posted on 26/10/2024

Who pays for phishing scam losses: outline of Singapore’s Shared Responsibility Framework on duties of financial institutions, telcos

Under the finalised Shared Responsibility Framework that was unveiled on Thursday, next up will be the four telcos in Singtel, StarHub, M1 and Simba Telecom, reported The Straits ...

Posted on 26/10/2024

Who pays for phishing scam losses: outline of Singapore’s Shared Responsibility Framework on duties of telcos, banks

Banks such as DBS Bank, UOB, OCBC Bank and Citibank, and payment services providers that offer e-wallets, such as Grab, YouTrip and Revolut are the first ...

Posted on 26/10/2024

School of grit: Banking head went from playing truant in primary school to acing poly and uni

From troublemaker to topping the academic cohort, Mr Alvin Lim's journey to success has been hard-won. Read more at straitstimes.com.

Posted on 25/10/2024

Las Vegas Sands To Invest $8 Billion To Expand Singapore Casino

Las Vegas Sands—controlled by the family of the late casino billionaire Sheldon Adelson—plans to invest $8 billion to expand its integrated casino resort in Singapore amid a tourism boom in the ...

Posted on 25/10/2024

Four arrested, S$440,000 seized after Singapore operation against money mule activities

SINGAPORE: Four people were arrested and over S$440,000 in suspected scam proceeds seized in an islandwide operation against suspected money mule activities earlier this month.

Posted on 25/10/2024

At a glance: Duties of telcos and banks under Singapore’s scam liability framework

SINGAPORE - A new framework will be launched on Dec 16 to establish who pays the bills for phishing scam losses. First in line to be examined are banks, such as DBS Bank, UOB, OCBC and Citibank, and ...

Posted on 25/10/2024

Financial institutions, telcos to be accountable to scam victims; new framework kicks in on Dec 16

Under the Shared Responsibility Framework, banks have to block or hold for 24 hours suspicious transactions of over $25k. Read more at straitstimes.com.

Posted on 25/10/2024

Trump victory implies tarriffs, debt, inflation and rising interest rates says OCBC

Trump victory to fuel higher debt, tariffs, inflation, interest rates, and ultimately recession, pressurising S-REITs, regional markets ...

Posted on 25/10/2024

SCB Wins Top Marketing Awards from Marketing Excellence Awards 2024, Reinforcing Its Digital Bank with a Human Touch Strategy

Siam Commercial Bank (SCB), led by Ms. Piyamas Siriwat, Senior Vice President, Solution Sales and Specialist Division and other executives, announced the bank's success in winning two prestigious ...

Posted on 25/10/2024

DBS and Citi maintain ‘buy’ on Mapletree Pan Asia Commercial Trust

Citi analyst Brandon Lee notes that MPACT continues to benefit from positive Singapore rent reversions in 1HFY2025, driven by Vivocity with a positive rental reversion of 17.3%. This is supported by ...

Posted on 25/10/2024

KWAP invests RM219mil in Singapore-based Cyan to boost offshore sector

The Retirement Fund Incorporated says the investment supports its RM20 billion transition asset target by 2030.

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