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Category: FINANCE

Posted on 19/08/2024

Singapore Bans Ex-HSBC Banker for 1 Year Over Disclosure Breach

The Monetary Authority of Singapore issued a one-year prohibition order against a former HSBC Bank representative after he failed to disclose his previous involvement in police investigations and ...

Posted on 19/08/2024

MAS issues 9-year prohibition order against ex-OCBC representative for misconduct

THE Monetary Authority of Singapore (MAS) on Monday (Aug 19) issued a nine-year prohibition order against Hoi Wei Kit, a former representative of OCBC, for misconduct. Read more at The Business Times.

Posted on 19/08/2024

1 in 4 Gen Zs in Singapore do not save, invest or insure enough, says bank poll

The study said Gen Zs, or those aged 18 to 25, are the most unprepared out of all the age groups surveyed. Read more at straitstimes.com.

Posted on 19/08/2024

Two-thirds of Singapore consumers optimistic about local economy, but over half lack financial preparedness: survey

SINGAPORE consumers are more optimistic about the local economy, with more than two-thirds of respondents (68 per cent) expressing confidence in the current economic environment. Read more at The ...

Posted on 19/08/2024

Money laundering syndicate based in JB busted by Singapore and Malaysia police

One of the 12 Malaysian nationals arrested was extradited to Singapore and charged on Aug 19. Read more at straitstimes.com.

Posted on 19/08/2024

Joint Malaysia-Singapore op nets money laundering cell

The suspect is believed to be responsible for bringing foreigners to Singapore to open bank accounts to facilitate money-laundering activities relating to scams' ...

Posted on 19/08/2024

UOB Study: Singapore consumers upbeat about economy and personal finances, but youths are unprepared financially

Singapore consumers are optimistic about their local economy and personal finances, but nagging inflation and gaps in financial preparedness among youth surfaced as pertinent issues in UOB's latest ...

Posted on 19/08/2024

NDR 2024: Up to US$4,574 in financial support over maximum of six months for those who lose jobs in Singapore

SINGAPORE: Workers who lose their jobs will get up to S$6,000 (US$4,574) in temporary financial support to tide them over through an upcoming scheme.

Posted on 19/08/2024

Singapore Exchange (SGX:S68) Is Due To Pay A Dividend Of SGD0.09

Singapore Exchange Limited ( SGX:S68 ) has announced that it will pay a dividend of SGD0.09 per share on the 25th ...

Posted on 19/08/2024

Analysts mixed on UOB after bank’s corporate day which unveiled sustained ROE target of 14% in 2026

The analysts add that UOB also aims to increase its private bank asset under management (AUM) to $145 billion by FY2026, and increase its relationship manager headcount to 400 from 278 in FY2023. UOB ...

Posted on 19/08/2024

Singapore stocks open on a positive note on Monday—STI rose by 1.1%

SINGAPORE: Singapore stocks opened positively on Monday, Aug 19, following Prime Minister Lawrence Wong’s first... The post Singapore stocks open on a positive note on Monday—STI rose by 1.1% appeared ...

Posted on 19/08/2024

Chocolate Finance to help optimise cash returns

Offers 4.2% p.a. return on the first $20,000 and a target of 3.5% p.a. subsequently without complexities, fees, or lock-ins.

Posted on 19/08/2024

4 Singapore Blue-Chip Stocks Offering an Attractive Mix of Growth and Dividends

These four blue-chip stocks offer the best of both worlds in terms of capital gains and dividends. The post 4 Singapore Blue-Chip Stocks Offering an Attractive Mix of Growth and Dividends appeared ...

Posted on 19/08/2024

Asia markets set for a breather after last week’s rally; inflation data and central bank decisions on deck

Traders will watch out for central bank releases, including the Bank of Korea's rate decision and minutes of the Reserve Bank of Australia's August meeting.

Posted on 19/08/2024

Overseas stints, room to progress help some young accountants in Singapore stay the course

The pace can be tough but work-life balance is achievable with time management skills, they say. Read more at straitstimes.com.

Posted on 19/08/2024

Singapore central bank and lenders to study quantum key distribution solutions

Singapore’s central bank and financial regulator has signed a pact with four lenders, a local digital services firm, and a local technology firm to study solutions to address cybersecurity threats ...

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