Brokerage has taken remedial action to strengthen its policies and procedures, says SGX RegCo Read more at straitstimes.com.
42% of Singapore respondents will only start planning for retirement within five years of their planned retirement date
A survey by Sun Life Singapore also found that 16% of Singapore retirees have not planned their retirement expenses.
Singapore’s Endowus platform brings commission-free investments to Hong Kong, using AI and wealthtech
Hong Kong head Steffanie Yuen worked at Ant Group and Value Partners before meeting Endowus founders Gregory Van and Samuel Rhee.
Export growth lifts investor sentiment, sending STI up 1%
Losers outnumber gainers 296 to 278, after 1.5 billion securities worth $1.2 billion changed hands. Read more at straitstimes.com.
Singapore never got to see its own spac frenzy
In 2021 alone, the US witnessed 610 spac IPOs, raising US$160.75 billion ($210.42 billion). This surge was driven by various factors, including favourable market conditions, enthusiasm for high-growth ...
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.
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 ...
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 ...
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.
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 ...
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.
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.
HDFC inaugurates its first branch in Singapore to expand financial services
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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 ...
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.
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 ...