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Category: FINANCE

Posted on 18/02/2025

Singapore businesses call for Budget support to tackle inflation and boost digital adoption

The survey revealed that 50% of businesses are anticipating Budget measures to help them navigate the challenges posed by high inflation and facilitate their adoption of digital technologies. This ...

Posted on 18/02/2025

Singaporean’s address changed illegally by scammers, triggering banking issues and investigation

Raymond Tan, a Singaporean man in his forties, has been dealing with a string of issues after discovering that his home address was altered without ...

Posted on 18/02/2025

Singapore’s PM Wong likely to ramp up spending going into election year

Wong, who is also finance minister, is expected to focus on bringing down living costs and boosting social aid when he delivers a budget speech later today ...

Posted on 18/02/2025

Singaporean’s home address illegally changed by scammers via ICA service, triggering banking nightmare

Raymond Tan discovered that his home address had been changed without his knowledge. His Singpass account was then frozen, disrupting his access to essential government services.

Posted on 18/02/2025

Singapore Is Poised to Ramp Up Spending Going Into Election Year

Singapore is likely to boost spending in Lawrence Wong’s first budget as prime minister, offering more handouts to households and businesses ahead of election at a time of heightened global ...

Posted on 18/02/2025

Resilient banking earnings, better IPO process could bolster S’pore’s STI in 2025: Analysts

Much is riding on the banks, which are widely expected to post record full-year earnings. Read more at straitstimes.com.

Posted on 18/02/2025

Singapore Banks Prevent S$53.9M in Fraud with New Anti-Scam Law

The Singapore Anti-Scam Law, enacted on January 7, 2025, provides authorities with the power to take control of bank accounts as a last-resort measure in combating financial fraud. The legislation ...

Posted on 17/02/2025

Straits Millennium, EBANX get in-principle nod for MPI licence in Singapore

The Monetary Authority of Singapore (MAS) has issued in-principle approval to fintech firms EBANX and Straits Millennium for a major payment institution (MPI) Licence under the Payment Services Act ...

Posted on 17/02/2025

S’pore firms prioritise sustainability and employee welfare amidst rising costs: UOB

Besides rising costs, limited awareness and resources hinder firm progress. Businesses are prioritizing the implementation of sustainable initiatives that enhance energy efficiency and employee ...

Posted on 17/02/2025

Marina Bay Sands gets record S$12 billion loan; DBS, OCBC, UOB, Maybank coordinating facility

MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according to a source familiar with the matter, marking the largest such ...

Posted on 17/02/2025

Singapore, Japan To Remain Property Hot Spots As Global Investors Diversify: JLL CEO

The real estate markets of Australia, Japan, Korea and Singapore will remain hot spots in the next few years as global investors seek to diversify their portfolios with demand for real estate in China ...

Posted on 17/02/2025

Singapore’s subdued IPO scene set for a rebound in 2025: analysts

SINGAPORE’s initial public offering (IPO) scene is set to liven up this year, with analyst forecasts falling anywhere between four and 10 listings on the local bourse. Read more at The Business Times.

Posted on 17/02/2025

MBS gets record S$12 billion loan; DBS, OCBC, UOB, Maybank coordinating facility

MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according to a source familiar with the matter, marking the largest such ...

Posted on 17/02/2025

Tax incentives may be used to help revive market

SINGAPORE: A Singapore government-led review group is proposing incentives to revitalise the stock market, the first steps taken in a market plagued by low liquidity and a dearth of new listings.

Posted on 17/02/2025

OCBC Bank upbeat on JS-SEZ as a resilient investment destination

Bhd is optimistic about the significant potential of the Johor-Singapore Special Economic Zone (JS-SEZ) amid ongoing global economic uncertainties, which include the tariff impositions by the United ...

Posted on 17/02/2025

DBS punches above $46 to record high but SGX slides; Temasek units make bid for Paragon mall

Other market movers last week include Seatrium, ST Engineering and Yangzijiang Financial. Read more at straitstimes.com.

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