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Category: FINANCE

Posted on 16/04/2024

Financial firms lead LinkedIn’s top companies in Singapore

LinkedIn unveils companies list where professionals advance the most. Financial institutions dominate LinkedIn’s 2024 Top Companies list for Singapore, comprising over half of the top 15. Notably, DBS ...

Posted on 16/04/2024

Singapore says Lawrence Wong will take over as prime minister on May 15

Singapore has announced that Deputy Prime Minister Lawrence Wong will take over as the country’s next leader on May 15. Wong, 51, will succeed Lee Hsien Loong who has held the top job for 20 years.

Posted on 16/04/2024

Singapore PM Lee To Step Down After Two Decades, Wong To Take Over

Singapore Prime Minister Lee Hsien Loong will step down on May 15 after two decades in power, paving the way for his deputy Lawrence Wong to take the reins.

Posted on 16/04/2024

Singapore stocks took a dip on Tuesday—STI slipped by 0.3%

SINGAPORE: Singapore stocks fell on Tuesday, following a global trend of losses sparked by concerns... The post Singapore stocks took a dip on Tuesday—STI slipped by 0.3% appeared first on The Indepen ...

Posted on 16/04/2024

What Observers Are Saying as Singapore’s Lee Paves Way for Next PM Wong

Singapore’s Prime Minister Lee Hsien Loong is stepping down on May 15 after two decades in office. Lee, 72, will hand the reins over to his deputy Lawrence Wong, 51, in a widely-telegraphed transition ...

Posted on 16/04/2024

Singapore shares open lower on Tuesday; STI down 0.3%

SINGAPORE stocks fell at the opening bell on Tuesday (Apr 16) morning, tracking losses in global markets amid worries over geopolitical uncertainty in the Middle East. Read more at The Business Times.

Posted on 16/04/2024

Singapore-headquartered AI Credit Scoring fintech FinbotsAI to transform credit risk management for Myanmar’s largest privately-owned bank, KBZ Bank

FinbotsAI, an Accel-backed Singapore headquartered B2B SaaS FinTech today announced signing KBZ Bank – Myanmar's largest privately-owned bank – as their first client in Myanmar. With this, FinbotsAI's fast growing client base spans 11 countries across APAC,

Posted on 16/04/2024

Seized Sentosa plot in $3 billion money laundering probe goes on sale as OCBC seeks loan recovery

SINGAPORE - A parcel of land on Sentosa, seized amid the $3 billion money laundering probe, will be sold by OCBC Bank as it attempts to recover over $20 million in loans taken by Cambodian national Su ...

Posted on 16/04/2024

Looking for Dividends and Growth? 3 Singapore Blue-Chip Stocks You Can Consider Buying

These three blue-chip companies promise a healthy mix of both dividends and growth. The post Looking for Dividends and Growth? 3 Singapore Blue-Chip Stocks You Can Consider Buying appeared first on ...

Posted on 16/04/2024

Monetary Authority of Singapore and Mastercard to Enhance Cooperation in Cybersecurity

MAS and Mastercard have reportedly signed a Memorandum of Understanding (MoU) to enhance cooperation in cybersecurity.

Posted on 16/04/2024

Bank Negara pledges support even as ringgit drops towards 26-year low

The ringgit slipped to 4.78 per US dollar, putting it within a whisker of its Feb 21 low of 4.8053. Read more at straitstimes.com.

Posted on 16/04/2024

Singapore’s PM Lee Hsien Loong to hand power in May to deputy Lawrence Wong

Singapore’s widely-respected Prime Minister Lee Hsien Loong will stand down as leader next month to make way for his deputy Lawrence Wong, ending his family’s decades-long hold on power in the ...

Posted on 16/04/2024

OCBC’s green car loans surged sixfold as new EV brands pique buyers

Loan demand for used EVs rose 30 times compared to launch, the bank said. OCBC saw the volume of its Eco-Care Car Loans surge sixfold in 2023 compared to its launch in 2021. The Singapore-based bank ...

Posted on 15/04/2024

COSCO SHIPPING International (Singapore) (SGX:F83) shareholders have endured a 56% loss from investing in the stock five years ago

You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.

Posted on 15/04/2024

Seized land in $3 billion money laundering probe goes on sale; OCBC seeks loan recovery

SINGAPORE - A parcel of land on Sentosa, seized amid the $3 billion money laundering probe, will be sold by OCBC Bank as it attempts to recover over $20 million in loans taken by Cambodian national Su ...

Posted on 15/04/2024

Singapore’s PM-in-Waiting Embodies Broader Shift in Finance Hub

(Bloomberg) -- In Asia’s wealthiest nation, where the education system is among the world’s best, Singapore’s prime minister-in-waiting has appeared surprisingly unassuming. Most Read from Bloomberg ...

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