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Category: FINANCE

Posted on 02/04/2024

DHL Express rides high on Singapore’s globalisation wave

It is by close partnership, close associations, and close relationships [that] we ride the wave of globalisation that Singapore has created for itself [and] is managing very efficiently and ...

Posted on 02/04/2024

Banks in Singapore begin sharing data to combat financial crime

Six banks will share customer data deemed suspicious in a bid to fight money laundering and terrorism financing activities.

Posted on 02/04/2024

Hong Kong misses out on JLL’s top 25 cities for innovation, talent, while Beijing, Tokyo and Singapore make top 10

Hong Kong has been shut out of the rankings in a survey of innovation and concentration of talent in which cities in the Asia-Pacific region took five of the top 10 spots.

Posted on 02/04/2024

Fast fashion retailer Shein doubles profits as it awaits IPO approval

Company founded in China and promoted on social media is thought to be considering London listing ...

Posted on 02/04/2024

UOB cuts rates on flagship savings account; OCBC, DBS say no change to their offerings for now

A UOB spokesperson said the rate revision is to “align with longer-term interest rate expectations”. Read more at straitstimes.com.

Posted on 02/04/2024

5 Singapore stocks giving out dividends in April

SINGAPORE: Singapore’s stock market is a treasure trove of dividend-yielding options. For investors looking to... The post 5 Singapore stocks giving out dividends in April appeared first on The Indepe ...

Posted on 01/04/2024

Fast fashion retailer Shein more than doubles profits as it awaits IPO approval

Figures suggest China-founded firm is among world’s most profitable fashion companies as it prepares for stock market listing ...

Posted on 01/04/2024

Best Bank Offers in Singapore (Apr 2024)—Win A Trip to Paris Oympics 2024, Up to 10% Off Flights Worldwide, and More

Once in a while, we even get super exclusive deals like priority early access to concert tickets—everyone's been talking about the exclusive Taylor Swift deal that Singapore scored, but let's not ...

Posted on 01/04/2024

UOB slashes interest rates for the One Account, introduces two new tiers

UOB will reduce interest rates for its flagship UOB One account effective 1 May 2024, the bank announced to its customers on Monday (1 April). The bank said that the revision of interest rates is done ...

Posted on 01/04/2024

UOB to cut maximum interest rate for flagship savings account from May 1

SINGAPORE: UOB will be lowering the interest rates for its flagship savings account from May 1, making it the first local bank to do so as market expectations build up for the possibility of rate cuts ...

Posted on 01/04/2024

Singapore stocks end higher after positive China PMI data

Across the broader market, advancers outnumbered decliners 258 to 149, with 1.9 billion securities worth $809.6 million changing hands. Read more at straitstimes.com.

Posted on 01/04/2024

Singapore’s deposit insurance limit raised to $100,000 from today; new public education campaign launched

Singapore’s deposit insurance limit has been raised to $100,000 from the previous cap of $75,000, following the Monetary Authority of Singapore’s (MAS) announcement in September 2023.

Posted on 01/04/2024

ST Explains: What does hike in insurance coverage on bank deposits to $100,000 mean for you?

The higher cap on deposit insurance will cover 91 per cent of insured depositors, in line with international norms. Read more at straitstimes.com.

Posted on 01/04/2024

IFC and DBS launch US$500 mil facility to promote trade flows in emerging markets

Under the facility, IFC and DBS will share the risk equally on a portfolio of trade-related assets of up to US$500 million.

Posted on 01/04/2024

Singapore Launches Data-Sharing Platform to Combat Financial Crimes

By Amanda Lee Singapore's central bank has rolled out a new information-sharing platform with commercial banks as part of efforts to combat money ...

Posted on 01/04/2024

Singapore Home Prices Rise Again Despite Sales Slowdown

(Bloomberg) -- Singapore home prices rose for a third consecutive quarter, withstanding months of tepid sales and warnings from authorities about high interest rates. Most Read from Bloomberg Erdogan ...

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