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Category: FINANCE

Posted on 24/04/2024

Retirement savers in Singapore need to cast their nets wide for growth

BLACKROCK chairman Larry Fink’s letter to shareholders this year focused on the central role of capital markets in funding two big challenges – retirement and infrastructure. Read more at The Business ...

Posted on 24/04/2024

ACE Market-bound Farm Price aims to raise RM24.5mil from IPO

KUALA LUMPUR: Farm Price Holdings Bhd aims to raise RM24.5 million from its initial public offering (IPO). The company is set for its listing on Bursa Malaysia Securities’ ACE Market on May 14.

Posted on 24/04/2024

Singapore core inflation eased in March as MAS retains its forecast for the year

SINGAPORE: Singapore’s core inflation eased in March, thanks to lower prices on food and services. The easing trend is expected to continue as long as there aren’t any unexpected supply disruptions ...

Posted on 24/04/2024

$3b money laundering accused Su Baolin handed 3 new charges

SINGAPORE – Su Baolin, one of the 10 accused in Singapore’s largest money laundering case, was handed three more charges on April 24. Su, 42, who is originally from China and holds a Cambodian ...

Posted on 24/04/2024

Standard Chartered Joins Visa B2B Connect for Streamlined Payments

Standard Chartered has announced a new collaboration with Visa to streamline cross-border payments for its corporate clients.

Posted on 24/04/2024

Regional businesses turning their focus onto Asean in overseas ventures: UOB

According to the UOB Business Outlook Study this year, small- and medium-sized enterprises (SMEs) and large enterprises in Southeast Asian and Greater China regions are turning their attention towards ...

Posted on 24/04/2024

Singapore shares opened higher on Wednesday—STI climbed 0.4%

SINGAPORE: Singapore shares opened higher on Wednesday morning, following the global trend of market upticks... The post Singapore shares opened higher on Wednesday—STI climbed 0.4% appeared first on ...

Posted on 24/04/2024

Singapore Stock Market Tipped To Open To The Upside

The Singapore stock market has moved higher in consecutive trading days, advancing almost 100 points or 3 percent in that span. The ...

Posted on 24/04/2024

Daily Cuts – Inflation in Singapore eases, but do we feel at ease too?

Inflation in Singapore is on a downtrend, declining more than expected. How and when will this translate to us, consumers? Or is it too soon to rejoice? Alvin Liew, Senior Economist, Group Finance & C ...

Posted on 24/04/2024

Funding Societies enters strategic partnership with SGeBIZ to bring embedded finance solutions for SMEs in Singapore

The partnership will allow the over two thousand businesses, who are using the EzyProcure platform – comprising mainly SMEs from food and beverage businesses and their suppliers using the platform – ...

Posted on 24/04/2024

Standard Chartered joins forces with Visa to enhance cross-border payments

In addition to participating in the Visa B2B Connect multilateral payment network, the Bank also joins as a new settlement partner Singapore – Standard Chartered today announced that it has joined ...

Posted on 24/04/2024

DBS recommends investors to stay ‘nimble’ amid uncertain macro uncertainties

At the banks’ current share price levels, the analysts believe that their valuations of 1.0 to 1.4 times forwards FY2024 P/BV are relatively “undemanding”, with asset quality remaining intact and ...

Posted on 24/04/2024

ComfortDelGro secures $73.47m loan from DBS to decarbonise UK fleet

C omfortDelGro, a Singapore-based transport operator, has secured a S$100m ($73.47m) green loan from DBS to decarbonise its UK bus fleet. The funds have been utilised to purchase 135 electric buses ...

Posted on 24/04/2024

SCB Julius Baer introduces new CEO

SCB Julius Baer, the strategic wealth management joint venture formed by Siam Commercial Bank and Julius Baer, has named a new CEO.

Posted on 24/04/2024

Singapore core inflation cools more than expected to 3.1% in March

Both core and overall inflation dipped from the previous month and came in well below analyst forecasts. Read more at straitstimes.com.

Posted on 23/04/2024

VCI Global Completes YY Group Holding Limited’s IPO on Nasdaq, Securing Another Key Milestone in Its Growth Plan

This IPO represents a significant milestone for VCI Global, generating approximately $5.2 million in revenue and underscoring VCI Global’s revenue and profit growth in the IPO consulting sector, ...

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