Singapore Exchange plans to launch short-term interest rate derivatives to cater to a market increasingly seeking to hedge in an uncertain rate environment. The exchange will introduce short-term rate ...
Proposed law aims to keep digital backbone running in Singapore
Singapore's proposed Digital Infrastructure Act (DIA) will set up legal mandates for the digital ecosystem, given its importance today.
What are women in Singapore spending on?
That said, women in Singapore are also saving up more for rainy days. More than 70% of women in Singapore expressed concern over rising inflation, while more than 60% are worried about their long-term ...
Singapore’s central bank warns AI isn’t ready to handle monetary policy
LLMs show promise, but are 'not yet capable of providing credible explanations for their own predictions' A senior policymaker at Singapore's central bank, the Monetary Authority, has suggested that ...
PhillipCapital stays ‘overweight’ on Singapore’s banks; DBS the ‘best performer’ with 7.2% dividend yield
Bank dividend yields are “attractive”, with upside surprises due to excess capital ratios and a push towards higher ROEs.
Reddit launches long-awaited IPO with US$748 million target
Meanwhile, IPOs in the US tumbled, reaching only US$26 billion last year, the data show. In January, Bloomberg News reported that Reddit was weighing feedback from early meetings with potential IPO ...
Embrace upskilling to keep Singapore’s workforce competitive
Tan: The Singapore Labour Force Report 2023 does suggest that of the long-term unemployed, a large proportion – 70 to 80 per cent – are workers above 40.
Japfa says not “appropriate to comment” on Singapore delisting speculation
Agri-food business Japfa is reportedly considering delisting from the Singapore stock exchange and going private but has partially rebuffed the speculation. Bloomberg reported last week that Japfa, ...
COO d’etat at HSBC Innovation Banking
When HSBC acquired the UK arm of the collapsed Silicon Valley Bank last year, boss Noel Quinn talked up the importance of preserving its operational independence. The firm would keep its own separate ...
Singapore Startup To Invest €3.2 Billion in Italy Chips Factory
Semiconductors startup Silicon Box will invest €3.2 billion ($3.5 billion) in Italy to build a chip factory in the north of the country, Industry Minister Adolfo Urso said Monday.
Ryde Makes History as Singapore’s First Ride-Hailing Startup to IPO on NYSE
Ryde, a leading technology platform for mobility and quick commerce, makes history as Singapore's First Ride-Hailing Startup to IPO on NYSE.
Commentary: Why are more people in Singapore going bankrupt?
Personal bankruptcy applications hit an 18-year high of nearly 4,000 last year. Is this a cause for concern? Lawyers Lance Ang and Adrian Peh weigh in.
Social service groups face continued challenges in detecting, addressing rising financial abuse cases in Singapore
Examples of financial abuse cases include adult children forcing their parents to monetise assets for their benefit, and withdrawing money from their parents’ bank accounts without their knowledge.
Best Savings Accounts in Singapore with Highest Interest Rates (Mar 2024)
So far, 2024 has been pretty hard on our bank accounts. Between the GST hike and an impending recession, it looks like our wallets are taking quite a hit this year, even with the GST vouchers and CDC ...
OCBC unveils new financing programme for women SME owners
OCBC has launched a new programme to support women entrepreneurs by offering up to $100,000 financing. Through the OCBC Women Entrepreneurs Programme, small and medium enterprises (SMEs) owned by ...
OCBC Supports Women-Led Startups with Up to S$100,000 Financing
OCBC Bank has unveiled a SME programme set to launch in April 2024, aimed specifically at supporting women entrepreneurs in Singapore.