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Category: FINANCE

Posted on 09/07/2024

BNM LIKELY TO KEEP OPR AT 3.0 PCT ON THURSDAY — STANCHART SINGAPORE

says Standard Chartered Bank (Singapore) Ltd (StanChart Singapore). However, the bank said it will watch for any tweaks to BNM’s inflation outlook given the diesel subsidy rationalisation, which was ...

Posted on 09/07/2024

OCBC unveils financial programme for SG’s 36,000 property agents

It offers preferential home rates and bonus interest, amongst others. OCBC has launched OCBC PartnerCare, a financial and personal wellness programme aimed for the financial needs of property agents ...

Posted on 09/07/2024

REUTERS NEXT-DBS CEO says Trump will be open to cutting deals, which could suit China

SINGAPORE (Reuters) -Singapore bank DBS Group's CEO Piyush Gupta said on Tuesday U.S. presidential candidate Donald Trump, if he wins, would be open to cutting deals, which could suit China. Gupta, ...

Posted on 09/07/2024

Singapore Says Yes to Edible Insects in Boost to Food Security

(Bloomberg) -- Certain types of grasshoppers, moths and crickets could be appearing on Singapore’s supermarket shelves and restaurant tables after the government approved the import of insects and ...

Posted on 09/07/2024

Rich Chinese return to Hong Kong as Singapore steps up scrutiny

It’s a shift from the pandemic years when Hong Kong’s strict quarantine and political upheaval led to mainland Chinese flocking to Singapore. Now, private bankers, service providers and insurers are ...

Posted on 09/07/2024

Singapore Banks’ Share Prices Are Hitting All-Time Highs: Can Their Momentum Continue?

The trio of Singapore banks have hit all-time highs recently but can their run continue? The post Singapore Banks’ Share Prices Are Hitting All-Time Highs: Can Their Momentum Continue? appeared first ...

Posted on 09/07/2024

Singapore AML law responds to high concern over bank fraud, biometrics theft

The demand for stronger cybersecurity measures is high in Singapore, with seventy-four percent of consumers expressing concern.

Posted on 09/07/2024

Six Singapore-based SFOs linked to S$3B money laundering scandal

It was found that six single-family offices (SFOs) were connected to the scandal involving individuals or their spouses

Posted on 09/07/2024

Valuation for ThaiBev’s subsidiary tender offer ‘on the high side’, says DBS

As at Dec 6, 2023, which is the latest record date for Sermsuk’s shareholders, ThaiBev’s indirect wholly owned subsidiary, So Water, holds 171.95 million shares in Sermsuk, or a 64.67% stake.

Posted on 08/07/2024

More misses than hits for Singapore firms that listed in the US in H1

EVEN as many initial public offering (IPO) aspirants seek to list in the US, the recent experience of some Singapore companies has been less than positive. Read more at The Business Times.

Posted on 08/07/2024

Singapore Investment Guide: Top Methods To Grow Your Wealth In 2024

This guide explores the top methods for investing in Singapore, backed by expert insights from the Kilde investment platform.

Posted on 08/07/2024

Singapore investors flock to US market as they eye higher investment returns

Moomoo Singapore unveils crypto trading at MooFest 2024 SINGAPORE, /PRNewswire/ -- Investors in Singapore are increasingly allocating more to the US market, according to data from Moomoo Financial ...

Posted on 08/07/2024

Singapore companies listed in US struggle post H1 IPO

EVEN as many initial public offering (IPO) aspirants seek to list in the US, the recent experience of some Singapore companies has been less than positive. Read more at The Business Times.

Posted on 08/07/2024

Singapore Money Laundering Scandal: Single-Family Offices Linked to Major Money Laundering Case

Singapore, renowned for its robust financial sector and stringent regulatory framework, has been thrust into its largest-ever money laundering scandal, involving six single-family offices (SFOs) and a ...

Posted on 08/07/2024

OCBC launches first comprehensive financial and personal wellness programme

The programme designed for the 35,000 property agents currently in Singapore, is valued at up to $5,000 a year per agent.

Posted on 08/07/2024

HKMA fines DBS S$1.7M for repeated anti-money laundering failures

SINGAPORE: The Hong Kong Monetary Authority (HKMA) has fined the local arm of Singapore’s DBS Bank HK$10 million (approx. S$1.7 million) for repeated failures in anti-money laundering (AML) and ...

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