SINGAPORE - The Monetary Authority of Singapore (MAS) unveiled its sustainability report for this year on Thursday (July 28) and also announced new initiatives to help support transition finance as ... ( read original story ...)
PREVIEW Rising rates to cushion impact on Asia banks from slowing economies
Asia-focused lenders HSBC , Standard Chartered and their Southeast Asian peers such as DBS are set to report an improvement in second-quarter net interest income, a key source of revenue, benefiting ... ( read original story ...)
Tips and Tricks on Managing Your Finances as a University Student in Singapore
Managing your budget as a university student is not easy, but it is possible. Find out how to be financially savvy and stretch your ... ( read original story ...)
UOB sues distressed China builder Shimao over loan terms
UOB alleged that Shimao and the group entities breached terms of certain loan and security agreements, by purportedly re-allocating loans and allotting shares between the entities without the ... ( read original story ...)
Singapore central bank issues disclosure, reporting guidelines for ESG funds
Singapore's central bank issued new disclosure and reporting guidelines for retail ESG funds on Thursday, including requiring funds to provide details on their investment strategy as part of measures ... ( read original story ...)
How SingTel and POSB Bank are using storytelling to connect with Singapore’s consumers
"Stories don't tell people what to think, stories give people something to think about," according to Jeremy Heng, director of strategy and content for Havas ... ( read original story ...)
Sub-sea cable firm OMSG mulls RM1.34bil IPO
SINGAPORE: OMS Group Sdn Bhd (OMSG), a company that installs cable underwater, is weighing a listing in Kuala Lumpur next year that could raise RM1.34bil, according to sources. The company is working ... ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty50 likely to open marginally lower today
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Wednesday's session in the red tracking weakness across global markets. Singapore Exchange (SGX) Nifty futures — an early ... ( read original story ...)
MarcumBP Expands to Southeast Asia with New Office in Singapore’s Marina Bay Financial Centre
MarcumBP (MBP) announced the opening of its new office in Singapore. The office will support its growing practice of clients from Southeast Asia seeking to access global capital markets through an ... ( read original story ...)
Singapore’s GIC reports 4.2% real returns, boosts inflation-proofing assets
Singapore's GIC, which achieved a 4.2% annualized 20-year return through March 31, has boosted alternatives to combat spiraling inflation. ( read original story ...)
GIC increases investments in inflation-resilient assets as 20-year annualised real return dips to 4.2% | Video
Singapore sovereign wealth fund GIC on Wednesday (Jul 27) reported a slight dip in returns for the last fiscal year and warned of a rapidly shifting investment landscape marked by “profound ... ( read original story ...)
Singapore allows ex-Sri Lankan President Gotabaya Rajapaksa to extend stay by 14 more days
Rajapaksa, 73, arrived in Singapore on July 14 on a 'private visit' from the Maldives after he fled his country to escape a popular uprising against his government's economic mismanagement. He first ... ( read original story ...)
Rising Rates to Cushion Impact on Asia Banks From Slowing Economies
But analysts warn that rising credit impairments and weak financial markets could weigh on banks' performance as the macro environment deteriorates. Singapore banks are expected to report 10 basis ... ( read original story ...)
F1 night race 2022: Singapore GP ‘confident’ turnout will match second-highest of 268,000 in 2019
The organiser of the Formula One (F1) night race is optimistic that the attendance here this year will be similar to the strong turnout in 2019 of at least 268,000 fans. That was the second-highest ... ( read original story ...)
GIC increases investments in inflation-resilient assets as 20-year annualised real return dips to 4.2%
Singapore sovereign wealth fund GIC says its diversified portfolio and cautious investment stance have helped to cushion its performance from the market correction that occurred in early 2022. ( read original story ...)
Decision to stop coal financing was among toughest of my tenure at DBS: CEO Piyush Gupta
SINGAPORE - Defunding coal was one of the toughest decisions that DBS chief executive Piyush Gupta has had to make during his tenure leading South-east Asia's largest bank by assets. Speaking at the ... ( read original story ...)