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Category: FINANCE

Posted on 14/12/2023

Reits lead Singapore stocks higher after Fed holds rates steady; STI up 0.6%

SINGAPORE shares finished higher on Thursday (Dec 14), after the Federal Reserve signalled lower borrowing costs are on the horizon in 2024. Read more at The Business Times.

Posted on 14/12/2023

China’s central bank set to boost liquidity injection but keep key rate unchanged

China's central bank is expected to ramp up liquidity injections while leaving the key interest rate unchanged when it rolls over maturing medium-term policy loans on Friday, a Reuters survey showed.

Posted on 14/12/2023

S’porean man, 38, accused by dozens of taking over S$10 million for ‘high return investments’ over 4 years, at least 10 police reports made

At least 10 people lodged police reports against E from June 2022 to April 2023, with alleged losses ranging from S$50,000 to S$3.2 million, for a total of around S$9 million. Another alleged victim, ...

Posted on 14/12/2023

Singapore office REITs the ‘star’ among S-REITS: DBS analysts

Analysts at DBS Group Research have named Singapore offices as the “star” among Singapore REITS (S-REITS) amid uncertainties. They have named Keppel REIT (KREIT) and Mapletree Pan Asia Commercial ...

Posted on 14/12/2023

Trust Bank and Thales team to unveil Singapore’s Ocean Plastic Card

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...

Posted on 14/12/2023

6 Best Citibank Investment Products You Should Invest In

Saving up may be the first step to financial freedom, but that is certainly not the be-all and end-all. With rising inflation, the value of your savings could be diminished over time, resulting ...

Posted on 14/12/2023

Singapore Bourse Poised To Add To Its Winnings

The Dow surged 512.30 points or 1.40 percent to finish at a record 37,090.24, while the NASDAQ rallied 200.57 points or 1.38 percent to end at 14,733.96 and the S&P 500 gained 63.39 points or 1.37 ...

Posted on 14/12/2023

ADB lowers 2023 inflation forecast for Singapore to 4.9%

Singapore’s inflation rate rose by 5.1% on average. The Asian Development Bank (ADB) has slightly revised down its 2023 inflation forecast for Singapore to 4.9%. In its December report, ADB noted that ...

Posted on 14/12/2023

Moody’s sees asset tokenization, digital money transactions gaining traction in Singapore

These developments will facilitate the institutional adoption of digital assets, improve market liquidity and increase the efficiency of financial markets, including the credit markets,” Moody’s said.

Posted on 14/12/2023

Singapore is today a global model – Paul Mashatile

Thanks to his visionary leadership, Singapore is today a global model for good governance, efficiency, and economic prosperity.

Posted on 14/12/2023

7 Singapore Companies That Could Increase Their Dividends in 2024

We provide a quick round-up of the list of companies that look well-positioned to increase their dividends next year. The post 7 Singapore Companies That Could Increase Their Dividends in 2024 ...

Posted on 13/12/2023

FPIs put in over ₹8,500 crore in IPOs in CY23

FPIs, MFs invest ₹8,567cr in IPOs this year; MFs invest more as anchor investors. Goldman Sachs, Ashoka, Govt. of Singapore are top 3 FPI anchor investors. 46 companies raised ₹41,000cr through main ...

Posted on 13/12/2023

HSBC looks to mergers to expand footprint, serve wealthy customers in Asia, bank chief says

HSBC Asset Management agreed to buy Singapore-based SilkRoad Property Partners this week to enter into real estate business The lender's Asia-Pacific head said its acquisitions, including that of ...

Posted on 13/12/2023

Technical issue disrupts clearing of Singdollar cheques deposited on Dec 12

A TECHNICAL issue arising from the central cheque processing system has impeded the clearing process for Singapore-dollar cheques deposited on Dec 12. Read more at The Business Times.

Posted on 13/12/2023

Trust Bank and Thales Launch Singapore’s First Ocean Plastic® Card

Thales’ Ocean Plastic® payment cards are manufactured from PET (a type of plastic used in products such as single-use bottles) recovered from coastal areas. Each card contains the equivalent of ...

Posted on 13/12/2023

What shifting supply chains mean for Singapore’s manufacturing industry

The Development and Incentives Manufacturing (DEI) is an important consideration for companies considering Singapore, providing a concessionary tax rate of 10% to encourage companies to engage in high ...

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