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Category: FINANCE

Posted on 01/12/2024

Standard Chartered Singapore Marathon participant dies after race, 3rd death in event’s history

A Standard Chartered Singapore Marathon participant died after a race on Dec 1, the third death in the history of the event. Read more at stomp.straitstimes.com ...

Posted on 01/12/2024

Race participant dies at Standard Chartered Singapore Marathon

SINGAPORE - Race organisers of the Standard Chartered Singapore Marathon 2024 confirmed the death of a participant in a social media post on Dec 1.

Posted on 01/12/2024

Standard Chartered Singapore Marathon draws over 55,000 runners from 84 countries

NEARLY a quarter of the 55,000 runners at this year’s Standard Chartered Singapore Marathon (SCSM) flew in from overseas for the three-day event that wrapped up on Sunday (Dec 1) at the Padang. Read ...

Posted on 01/12/2024

Singapore contributed 50% of total FDI into India in July-September quarter

Singapore was the largest source of Foreign Direct Investment (FDI) for India in the July-September quarter, contributing 50 percent of the total inflows. FDI inflows to India rose by 43 percent, ...

Posted on 01/12/2024

8 best personal loans in Singapore with lowest interest rates (November to December 2024)

If you're in urgent need of money, but are too paiseh to borrow from your family and friends, your best bet is probably a personal loan. With a personal loan, you borrow cash from a bank or financial ...

Posted on 01/12/2024

DBS buys back nearly S$15m of its shares; AGT Partners becomes Oiltek’s substantial shareholder

OVER the five trading sessions from Nov 22 to 28, institutions were net buyers of Singapore stocks, resulting in a net institutional inflow of S$188 million, reversing the net outflow of S$38 million ...

Posted on 30/11/2024

Man jailed 15 months for bomb hoax targeting DBS HQ at Singapore’s Marina Bay over credit card woes

A Singaporean man was sentenced to 15 months in jail yesterday for making false bomb threats involving the DBS headquarters in the Marina Bay district of Singapore earlier this year. Channel News Asia ...

Posted on 30/11/2024

S$1.5bil nickel-trading scam: Defence accuses investor of caring only about revenue

SINGAPORE: Ng Yu Zhi’s lawyer on Friday (Nov 29) accused investor Veronica Shim Wai Han of caring only about generating income from his client’s nickel investment scheme, and not about whether the ...

Posted on 30/11/2024

$1.5b nickel-trading scam: Defence accuses investor of caring only about revenue

Ng is accused of masterminding a nickel-trading scam that attracted $1.46 billion from 947 investors over six years, and allegedly used the invested funds to finance his lavish lifestyle. Ng told ...

Posted on 30/11/2024

Peregrine falcons recorded nesting in Singapore for the first time, at OCBC Centre in Chulia Street | Video

A pair of peregrine falcons was found nesting in a recess high up on OCBC Centre at Chulia Street in the heart of Singapore's central business district in 2024 - the first time the species has been ...

Posted on 30/11/2024

Standard Chartered expands wealth planning team

Standard Chartered Global Private Bank has bolstered its wealth planning and family advisory services by appointing new relationship managers and team leaders. This move aims to enhance the bank’s ...

Posted on 29/11/2024

DBS and POSB cardholders, heads up! Enjoy about 50 exclusive deals during Sentosa’s island-wide celebrations this festive season

The celebrations from Dec 9 to Feb 16 will transform Sentosa with interactive installations and activities in Resorts World Sentosa, Sentosa Sensoryscape, and Palawan Beach.

Posted on 29/11/2024

HSBC pulls back credit card business in China: Reuters

China is a relatively small market for HSBC’s credit card business. The gross carrying amount in this segment was just US$287 million, or about 1% of the global total last year.

Posted on 29/11/2024

Suntec REIT biggest beneficiary from MAS’s ‘looser’ leverage, ICR rules: OCBC

S-REITs are now subject to a single aggregate leverage limit of 50% and a minimum interest coverage ratio (ICR) of 1.5 times.

Posted on 29/11/2024

DBS, EnterpriseSG and IMDA launch gen AI programme to help up to 50,000 SMEs adopt tech

The programme, called Spark GenAI, will help SMEs understand gen AI use cases in areas like customer engagement and marketing.

Posted on 29/11/2024

DBS gets approval to raise China securities JV stake to 91%

Singapore-based DBS Group has obtained regulatory approval to increase its stake in DBS Securities China to 91 percent, up from 51 percent, Shanghai Securities News reported on Tuesday. The ...

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