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Category: FINANCE

Posted on 17/10/2024

Boustead Singapore secures $156 mil green loan from UOB for redevelopment of its logistics warehouse

The property is the first building in the industrial real estate sector to attain both the Green Mark Platinum Super Low Energy awarded by the Building & Construction Authority.

Posted on 17/10/2024

StarHub emerges as DBS’s telco pick; telco expected to benefit from lower transformation costs

The telco has previously indicated that it expects to incur about 90% of its transformation costs of $270 million in FY2024. The remaining 10% will be expensed in FY2025. As such, Mittal has projected ...

Posted on 17/10/2024

Singapore Stock Market May Reclaim 3,600-Point Level

The Singapore stock market has ticked lower in consecutive trading days, although it has given up just over 5 points or 0.15 percent ...

Posted on 17/10/2024

Singapore SMEs continue to expand in 3Q, except for those in ICT

Singapore’s small and medium enterprises (SMEs) extended their growth momentum for a second consecutive quarter, according to the latest OCBC SME Index released on Oct 15.

Posted on 17/10/2024

What Should Singapore Investors Do When Interest Rates Decline?

As interest rates decline in the coming year, investors will need to look at other alternatives if they wish to continue earning good returns ...

Posted on 17/10/2024

Jail for man whose bank accounts received scam proceeds after sharing details with ‘women’ online

Christopher Moh, 66, shared his bank account details despite receiving two warnings from the authorities. Read more at straitstimes.com.

Posted on 16/10/2024

HDFC Bank Opens First Branch in Singapore

HDFC Bank has opened its first branch in Singapore, offering wholesale banking services. The bank also has branches in Hong Kong, Bahrain, Dubai, and GIFT City.

Posted on 16/10/2024

HDFC inaugurates its first branch in Singapore to expand financial services

Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News and updates on financial, economic and banking news on CNBCTV18.

Posted on 16/10/2024

Entertainment firm Neon picks banks for Singapore IPO to raise up to S$500 million

Immersive entertainment group Neon has picked financial advisers for its potential initial public offering in Singapore, according to people with knowledge of the matter. Read more at The Business ...

Posted on 16/10/2024

Electric scooter startup Gogoro expands to Singapore as it tries to rely less on its home base of Taiwan

The global expansion comes at a tricky time for the startup, which just lost its CEO amid a Taiwanese probe into subsidy compliance.

Posted on 16/10/2024

Jail for Singaporean man whose bank accounts received scam proceeds after sharing details with online women

SINGAPORE: Shortly after his wife died, a man shared details of his bank accounts with people he met online who claimed to be women, only to find out that some of the accounts were later used to ...

Posted on 16/10/2024

Jail for man whose bank accounts received scam proceeds after sharing details with online women

Christopher Moh, 66, continued to share his bank account details despite receiving two warnings from the authorities. Read more at straitstimes.com.

Posted on 16/10/2024

Lower Open Called For Singapore Stock Market

The Singapore stock market turned lower again on Tuesday, one day after ending the two-day slide in which it had slumped almost 25 ...

Posted on 16/10/2024

Food Innovators makes Catalist debut at S$0.20, 9.1% below IPO price

JAPANESE food and beverage operator Food Innovators Holdings (FIH) commenced trading under the code “KYB” on the Catalist board on Wednesday (Oct 16). Read more at The Business Times.

Posted on 16/10/2024

Singapore hits brakes on $1.7 billion Allianz deal for onetime insurance cooperative after it sparks public outcry

On Monday, Singapore’s government decided to block the deal until Allianz addressed some of its concerns, including whether Income Insurance will be able to continue its social mission.

Posted on 16/10/2024

OCBC SME Index at 50.8% in 3Q2024, extending gains for the second quarter in a row

The OCBC SME Index uses SME transactional data of over 100,000 OCBC SME customers in Singapore with annual sales turnover of up to $30 million.

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