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Category: FINANCE

Posted on 07/04/2024

Ryde Group makes historic debut at NYSE as first Singaporean ride-hailing start-up to IPO

SINGAPORE: Ryde Group Ltd marked a historic milestone on Friday (5 April) by becoming the... The post Ryde Group makes historic debut at NYSE as first Singaporean ride-hailing start-up to IPO appeared ...

Posted on 07/04/2024

A yen for Japan: Singapore investors sink money into hospitality as tourism booms

The country has red-hot potential and remains excellent value for money, say Singapore investors. Read more at straitstimes.com.

Posted on 06/04/2024

Asean finance chiefs end Laos meeting amid hopes of improving economy despite challenges

SINGAPORE – A rebound in exports and tourism is likely to aid most South-east Asian economies in performing better in 2024 than in 2023, said top finance officials of the region at a meeting in Laos.

Posted on 06/04/2024

Gold Prices Hit Record High—How to Invest in Gold in Singapore (2024)

Guess who just broke another record? No, not Taylor Swift with her $1 billion-grossing Eras tour that may very well cross the $2 billion mark by the end of its run. And no, not the recent blisteringly ...

Posted on 05/04/2024

OCBC working to amend coal policy to finance early retirement projects

Southeast Asia's second-largest lender is likely to join rival DBS in backing a managed coal phase-out in line with the Singapore-Asia criteria. But it remains unclear if the updated coal policy will ...

Posted on 05/04/2024

Investing in Gold in Singapore (2024): Historical Gold Prices and How To Get Started

Guess who just broke another record? No, not Taylor Swift with her $1 billion-grossing Eras tour that may very well cross the $2 billion mark by the end of its run. And no, not the recent blisteringly ...

Posted on 05/04/2024

Turkish Property Investor IPO Set to Raise Up to $141 Million

Turkish commercial real estate developer Ronesans Gayrimenkul will sell shares in an initial public offering, the biggest in Istanbul so far this year.

Posted on 05/04/2024

OCBC cuts 2022 financed emissions in six ‘dirty’ sectors

OCBC’s financed emissions for six high-carbon emitting sectors in 2022 have declined, said its 2023 sustainability report released on Friday (Apr 5).

Posted on 05/04/2024

Jacquelyn Tan, UOB’s head of group personal financial services, talks female empowerment and giving women choices

As UOB celebrates 35 years of their Lady’s Card, Prestige Singapore sits down with Jacquelyn Tan, UOB’s head of group personal financial services, to talk about female empowerment, giving women ...

Posted on 05/04/2024

HSBC’s top banker sees muted recovery for HK stock offerings

Initial public offerings have been depressed in Hong Kong, with proceeds slumping to the lowest in more than two decades last year ...

Posted on 05/04/2024

OCBC chief Helen Wong’s 2023 salary rises 8% to $12.1 million

OCBC group chief executive Helen Wong’s salary rose in 2023 as her bank’s full-year earnings reached a new high. Ms Wong’s annual pay for the year came in at $12.1 million, an 8 per cent increase from ...

Posted on 05/04/2024

Hotel, retail assets seen leading this year’s real estate investments

Property deals in Singapore are projected to grow by as much as 16 percent this year as the ongoing rebound in tourism spurs dealmaking in the hotel and retail sectors, according to Knight Frank.

Posted on 05/04/2024

Tech evolution will mean more job displacement at Standard Chartered, but staff will be reskilled: CEO

SINGAPORE: Some jobs at Standard Chartered – especially in more manual areas such as technology and operations – will “go away” as the Asia-focused lender continues to cut costs and automate its ...

Posted on 05/04/2024

Singapore raises US$6.10b, tops ASEAN 6 investments

The nation accounted for 73.3% of deal value within the region. With US$6.10b funds raised in 2023, Singapore further solidified its position as the premier investment destination within the ASEAN 6.

Posted on 05/04/2024

Tech evolution will mean more job cuts at Standard Chartered, but staff will be reskilled: CEO

In an exclusive interview with CNA, Standard Chartered CEO Bill Winters spoke about issues such as the impact of technology on jobs, interest rates, its losses in China, and Dubai’s growing status as ...

Posted on 05/04/2024

Singapore Airlines Airbus A350 Brings Cairns $26.5 Million Boost

Singapore Airlines is investing in Australian routes, upgrading to an Airbus A350 to Cairns for increased capacity and economic benefits. The upgrade will bring 23,000 extra seats annually and boost ...

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