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Category: FINANCE

Posted on 11/03/2024

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.

Posted on 11/03/2024

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.

Posted on 11/03/2024

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.

Posted on 11/03/2024

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 ...

Posted on 11/03/2024

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 ...

Posted on 11/03/2024

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.

Posted on 11/03/2024

Singapore shares took a dip on Monday—STI dropped 0.1%

SINGAPORE: Singapore shares took a dip on Monday morning, feeling the aftershocks of a mixed global equities market performance from the previous week, The Business Times reports. As the clock ticked ...

Posted on 11/03/2024

Bank of Singapore appoints former Credit Suisse COO as COO of its Hong Kong branch

Bank of Singapore (BoS) has appointed Ronnie Cheung as the chief operating officer (COO) of its Greater China, Hong Kong branch. Cheung comes with over 20 years of industry experience and was most ...

Posted on 11/03/2024

ESR announces divestment of ARA Private Funds to Sumitomo Mitsui Finance & Leasing

The transaction is structured as the sale of ESR’s interests in certain subsidiaries, with the purchase price calculated with reference to their net asset value and a market valuation for the funds ...

Posted on 11/03/2024

SCB execs claim they quit after carrying out Truong My Lan’s illegal orders

"I only received my salary as contracted and not any bonus from Lan." Former CEO and director Le Khanh Hien also admitted to approving 72 loans causing a loss of VND3.87 trillion to SCB. He said he ...

Posted on 11/03/2024

Singapore #Fitspo of the Week Aisyah Rafee: ‘When you love your body, it loves you back and it provides you with what it needs’

The series is dedicated to inspirational men and women in Singapore leading healthy and active lifestyles. This week: national rower Aisyah Rafaee.

Posted on 11/03/2024

At the forefront of net-zero innovation: How this European region enables Singapore firms to drive green growth

The Net Zero Exchange Mission aims to open the door to the kind of collaboration that will deliver results for businesses in Malaysia and Singapore as well as in Northern Ireland. Mr Nick Caldwell, ...

Posted on 10/03/2024

Singapore Technologies Engineering Is A Fairly Valued Defense Play

Singapore Technologies Engineering's (SGGKF) fiscal 2023 bottom line surpassed expectations. Check out why I rate the stock a hold.

Posted on 10/03/2024

After 180% returns in 20 months, this Singapore-based FPI sees a 40% downside in microcaps

One always needs to be cautious and be prepared for 5-10 per cent pull-backs and if you are an investor in SME/small microcaps, please be prepared for 30-40 per cent drawdowns, says NAV Capital's ...

Posted on 10/03/2024

Australia’s under-investment in ASEAN is about them, not us

South-East Asian nations need to become attractive to foreign investors through deregulation and establishing independent and incorruptible legal systems.

Posted on 10/03/2024

HSBC women’s golf event sees big push to raise awareness for those with disabilities

Find out more about subscription packages here. HSBC – the title sponsor of the annual Women’s World Championship golf tournament in Singapore – partnered with local charity SPD as part of this year’s ...

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