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Category: FINANCE

Posted on 29/02/2024

Do Fundamentals Have Any Role To Play In Driving Boustead Singapore Limited’s (SGX:F9D) Stock Up Recently?

Most readers would already know that Boustead Singapore's (SGX:F9D) stock increased by 5.4% over the past three ...

Posted on 29/02/2024

Cut-off yield on latest Singapore 6-month T-bill rises to 3.8%

Yields on the bills are determined via competitive auctions in a market that comprises individuals and institutions from Singapore and overseas, and therefore reflect the general level and direction ...

Posted on 29/02/2024

Wee family, Singapore’s richest banking dynasty, grapples with succession

BUILDING a multibillion-dollar empire is one thing. Keeping it in the family is another matter. Read more at The Business Times.

Posted on 29/02/2024

How Singapore is competing to host Asia’s newly minted wealthy

Knight Frank, however, underscored that whilst Singapore has seen a rising number of family offices, its link to "direct spending and investing is not clear cut." "Last summer, the Monetary Authority ...

Posted on 29/02/2024

Improvements to workforce, productivity key to achieving Singapore’s growth target: DPM Wong

Singapore intends to achieve its economic growth target of between 2% and 3% through improvements in its workforce and productivity. Deputy Prime Minister and Finance Minister Lawrence Wong said this ...

Posted on 29/02/2024

Singapore’s Richest Banking Dynasty Grapples With Succession

Building a multibillion-dollar empire is one thing. Keeping it in the family is another matter. By the time Wee Cho Yaw died earlier this month at 95, his five children had firmly established roles ...

Posted on 29/02/2024

While bonus shares are largely a gimmick, DBS’ proposed issue is a boon

As at Feb 28, the counter has climbed 5.7 per cent since the announcement. With DBS – Singapore’s largest company by market capitalisation – investors are probably right to be excited over the ...

Posted on 29/02/2024

CapitaLand Investment’s PATMI down 6% to $781m in FY2023.

CapitaLand Investment’s cash PATMI–profit from business operations, excluding any gains/losses from divestments, revaluations and impairments– fell 6% to $781m in FY2023, from $831m for FY2022. A core ...

Posted on 29/02/2024

Citibank unveils two new wealth centres in Singapore

Citibank Singapore has completed both of its satellite wealth advising centres, reiterating its renewed enthusiasm for Singapore as a vital strategic site for its wealth business. Andy Sieg, global ...

Posted on 29/02/2024

Stats reveal secret to success at HSBC in Singapore, where only the stars shine

Venues are often described as a "ball-striker's course," and, in the case of Sentosa Golf Club’s Tanjong Course, the stats back up the phrase. At last year’s HSBC Women’s World ...

Posted on 28/02/2024

Citi opens two new wealth centres in Singapore

Citibank Singapore has opened two new wealth centres in One Holland Village and Parkway Parade. The new centre at One Holland Village has a size of 3,700 square feet (sqft) and is about 80% larger ...

Posted on 28/02/2024

Singapore stocks close lower as investors’ optimism wanes, STI down 0.6%

The Nikkei 225 in Tokyo lost 0.1 per cent, Malaysian shares slid 0.9 per cent, Hong Kong’s Hang Seng lost 1.5 per cent while the ASX 200 in Sydney closed flat. The Kospi in Seoul bucked the trend with ...

Posted on 28/02/2024

Retail investor allotment for Singapore Treasury Bills (T-bills) increased to 46% in 2024: DPM Lawrence Wong

Also read: Customers of Singapore's DBS/POSB, UOB and OCBC banks can now 'lock up' money that can't be withdrawn online He further added that in the past two years, yields on T-bills have increased ...

Posted on 28/02/2024

Adani Group holds Singapore meet for first dollar bond

For the first time since the Hindenburg crisis, the Adani Group met with investors in Singapore, marketing an overseas bond to bolster investor confidence around its businesses before fresh bond sales ...

Posted on 28/02/2024

Committee of Supply 2024 debate, Day 1: Lim Wee Kiak on decarbonisation and green finance

As a small island state, Singapore is highly vulnerable to the effects of climate change. How is Singapore keeping pace with emerging decarbonisation pathways? How can Singapore further engage the ...

Posted on 28/02/2024

Ko Jin-young looks to go three in a row at HSBC Women’s World Championship

Ko, 28, won back-to-back titles in 2022 and 2023 to become the second golfer in tournament history to win the event twice after Korean golf legend and LPGA Hall of Famer Park In-bee.   The ...

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