Singapore has increased its goods and services tax (GST) rate by one percent to nine percent as of January 1, 2024.
‘Green is not enough’: UOB chief sustainability officer on mainstreaming transition finance
While transition finance is becoming more well-accepted in Asia, UOB's Eric Lim says that clear sectoral and national regulatory guidance are needed to help companies publish high-quality ...
UOB Kay Hian keeps ‘overweight’ rating on ‘defensive’ S-REITs; blue chip S-REITs preferred
UOB Kay Hian analyst Jonathan Koh has kept his “overweight” rating on Singapore REITs (S-REITs) after interest rates seem to have peaked. The US Federal Reserve has paused its rate hikes for the third ...
T-bills in Singapore: What it is, how to buy and the latest cut-off yield (9 January 2024)
The latest six-month Treasury Bills (T-bills) to be issued on 9 January 2024 had a cut-off yield of 3.74 per cent per annum, and the cut-off price was 98.135. With a S$12.8 billion applied amount, the ...
Lazada axes Singapore staff amid speculation of upcoming IPO
SINGAPORE - Regional e-commerce company Lazada on Jan 3 laid off an undisclosed number of its Singapore staff. In response to queries from The Straits Times, a Lazada spokesman said: “We are making ...
Singapore shares fall for third straight day; STI down 0.8%
SINGAPORE shares fell for the third consecutive day on Thursday (Jan 4), tracking a broader decline across the region. Read more at The Business Times.
Looking for Higher Dividends? 4 Singapore Stocks That Look Poised to Pay Out More in 2024
Luckily, the Singapore stock market is not short of companies that dish out a dividend. Here are four that look well-positioned to increase their payout this year. DBS needs no introduction, being ...
Best Fixed Deposit Rates in Singapore (Jan 2024)—Rates Up To 3.8%, Minimum Deposits From $500
Also, DBS is a poor option for investing larger sums ... 6 months 2.25% p.a. 12 months 2.45% p.a. 24 months or 36 months 2.85% p.a. The one advantage SBI Singapore board fixed deposit rates have is ...
Standard Chartered sees ringgit outperforming ‘on relative basis’ in 2024
The Malaysian ringgit and Indonesia’s rupiah are expected to be outperformers in the region in 2024 "on a relative basis,” benefitting most from monetary policy divergence, said Standard Chartered ...
Singapore’s S$500 CDC vouchers 2024: Who is eligible, how to claim, and more
Each Singaporean household can claim S$500 in CDC Vouchers 2024. Of this, $250 can be spent at participating heartland merchants and hawkers, and the other S$250 can be spent at participating ...
Here’s Why SGX-Listed OCBC is UOB’s Top Banking Pick for 2024
SGX-listed Oversea-Chinese Banking Corp. Ltd. (SG:O39), or OCBC, has won the accolade of UOB Kay Hian analyst Jonathan Koh as the top banking pick ...
S-REITs will be net outperformers in 2024; retail S-REITs preferred: DBS
In the near term, however, S-REITs are approaching “overbought” territory as seen in the combined 15% rise in the S-REITs index.
OCBC INFINITY Cashback Card—The Best Unlimited Cashback Card in Singapore? MoneySmart Review (2024)
The OCBC INIFINITY Cashback Card is the newest unlimited cashback card in town. We compare it with the UOB Absolute Cashback Card, Citi Cash Back+ and more.
Top 9 Credit Card Promotions and Deals for Jan 2024
Here are exclusive offerings from leading banks, promising exciting rewards and perks to new credit card applicants. Don't miss out!
Lazada cuts staff amid speculation of upcoming IPO
Lazada declined to disclose how many in Singapore and South-east Asia were affected and whether they got a severance package. Read more at straitstimes.com.
Singapore’s investment outlook in 2024 unlikely to be hurt by Significant Investments Review Bill
GLOBAL economic uncertainty aside, one question for Singapore’s foreign investment outlook in 2024 is a proposed law to scrutinise significant investments in critical entities. Read more at The ...