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Category: FINANCE

Posted on 12/06/2025

UOB Cuts Fixed Deposit Rates in New June 2025 Promo from 11 Jun, Offers Up to 1.85% p.a.

United Overseas Bank (UOB) has revised its Singapore Dollar Fixed Deposit promotion, offering updated interest rates of up to 1.85% per annum. The promotion, valid from 11 June to 30 June 2025, is ...

Posted on 12/06/2025

Singapore Eyes Softer Listing Rules to Attract More Companies

Singapore unveils tax incentives, a S$5B market fund, and simplified IPO rules to boost SGX listings amid slowing economic growth.

Posted on 11/06/2025

Singapore, Chongqing continue work on trade and financial connectivity

The China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity (CCI) is the third government-to-government project between Singapore and China, following the Suzhou Industrial Park ...

Posted on 11/06/2025

IOI’s Singapore REIT targeted for 2027 launch

The planned REIT listings will help monetise the assets, give better clarity on their value and be a re-rating catalyst ...

Posted on 11/06/2025

UOB Plays Role In RM15 Bln Data Centre Financing In Johor-Singapore Zone

Bhd announced its role as joint coordinator, mandated lead arranger, underwriter and book runner in one of Southeast Asia’s largest data centre financing transactions. The landmark transaction, which ...

Posted on 11/06/2025

DBS becomes first Singapore-listed company to hit US$100B market capitalisation

SINGAPORE: DBS has surpassed the US$100 billion (S$128.62 billion) mark in market capitalisation, becoming the first Singapore-listed company to do so. On June 10, the bank’s valuation crossed S$129 ...

Posted on 11/06/2025

Singapore government extends The Online Citizen’s financial ban to 2027 over falsehoods

The Online Citizen (TOC) will remain barred from receiving any financial benefits through its website and social media platforms until 2027, after Singapore authorities extended its designation as a ...

Posted on 11/06/2025

Best bank offers in Singapore (June 2025): Blackpink Visa presale, Lilo & Stitch Hawaii vacation, up to 50% off flights and more

Everybody loves credit card sign-up promotions, but not many of us realise the promotions don't end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning ...

Posted on 11/06/2025

DBS and CGSI stays positive on Elite UK REIT following latest acquisition

Analysts have stayed positive on Elite UK REIT after it announced the acquisition of three new properties for £9.2 million from a related fund. At this transacted price, the REIT is paying 7.6% below ...

Posted on 11/06/2025

Frencken’s $63 million investment in new Singapore facility validates positive outlook: Maybank Securities

Jarick Seet of Maybank Securities has maintained his "buy" call and $1.34 target price on Frencken Group. The manufacturer's recent announcement to invest $63 million in a new facility in Singapore, ...

Posted on 11/06/2025

Qantas shutters Singapore-based Jetstar Asia on rising costs, competition

Australia's Qantas Airways will close its Singapore-based budget airline Jetstar Asia, the group said on Wednesday, blaming rising supplier costs, high airport fees and strong regional competition.

Posted on 11/06/2025

Hundreds of jobs slashed as Qantas Group discontinues Singapore-based Jetstar Asia

Qantas Group will axe Jetstar Asia at the end of July following years of poor financial performance forcing about 500 people out of job.

Posted on 11/06/2025

DBS first to accept CPF LIFE payouts for credit card applications

It aims to expand access to financial products for retirees and seniors receiving monthly payouts through the national annuity scheme. DBS has become the first bank in Singapore to formally recognise ...

Posted on 11/06/2025

DBS, OCBC and UOB to recognise CPF Life payouts as income in credit card applications

Applicants for DBS, OCBC and UOB credit cards will be able to use their CPF Life payouts as proof of income under policy updates by the banks. Read more at The Business Times.

Posted on 11/06/2025

Singapore triples global share in cross-border property investment: report

Singapore has climbed the global ranks as a major exporter of capital for real estate, even as global investment volumes remain below historical norms.

Posted on 11/06/2025

India’s external investment deficit a hurdle for rupee as Asia rides weak dollar’s coattails

The rupee is likely to lag most of its Asian peers in a softer dollar environment, analysts say, with the Indian currency weighed down by an imbalance between what the country owes and owns abroad.

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