SINGAPORE: Parliament will begin debating the Budget 2024 statement on Monday (Feb 26). It is expected to go on for at least two days before Deputy Prime Minister and Finance Minister Lawrence Wong ...
Our share price is ‘crap’, admits Standard Chartered boss
Standard Chartered is listed in London but offers consumer and commercial banking in the likes of China, Hong Kong and Singapore. Despite having no branches in the UK, it has sponsored Liverpool FC ...
T-bills in Singapore: What it is, how to buy and the latest cut-off yield (20 February 2024)
The latest six-month Treasury Bills (T-bills) that was issued on 20 February 2024 had a cut-off yield of 3.66 per cent per annum, and the cut-off price was 98.175.With a S$13.5 billion total amount ...
StanChart CEO’s pay soars to $13.3 million, highest since 2015
SINGAPORE – Standard Chartered chief executive Bill Winters saw his total pay package rise 22 per cent in 2023. Winters’ total remuneration climbed to £7.8 million (S$13.3 million) last year, from ...
12 best cashback credit cards in Singapore (2024)
Collecting air miles for your jet setting lifestyle admittedly sounds sexier than trying to scrounge for cash rebates. But if you're still one of those people who believe that cash is king, getting ...
DBS customers now able to ‘lock up’ funds in existing accounts
SINGAPORE: DBS is extending its digiVault protection to all accounts, allowing customers to "lock up" funds in their existing accounts. The feature, launched last November, enables customers to lock ...
Faster cooling in Singapore’s inflation puts focus on monetary outlook
SINGAPORE, Feb 23 (Reuters) - Singapore's key inflation rate rose at a slower pace than markets had expected last month, official data showed on Friday, opening the door for the central bank to ...
Genting Singapore Shares Drop on Fourth-Quarter Miss
On the upside, they highlighted a stock currently trading below its historical average and said they expect the company to benefit from a solid events lineup in Singapore. Sophie Chua Siu Li of Hong ...
Singapore finance watchdog issues quantum cybersecurity advisory
Singapore's Monetary Authority (MAS) issued a cautionary note to financial institutions (FIs), urging them to prepare for the potential cybersecurity risks associated with quantum computing. In the ...
Affected by the closure of CPF Special Accounts? Here’s what you can do, according to finance experts
Mr Loo Cheng Chuan, founder of the 1M65 movement, says two existing provisions in the CPF system cushion the impact of the announcements made at Budget 2024.
OCBC set to provide financial support for 14,000 junior employees
The Oversea-Chinese Banking Corporation (OCBC) has announced that it will be providing one-off support to its junior employees across the bank and its subsidiaries such as Bank of Singapore, OCBC ...
UOB’s Q4 profit beats forecasts; junior staff to get one-off bonus to cope with rising living costs
SINGAPORE: UOB on Thursday (Feb 22) cut its 2024 loan growth projections to low single-digits from mid-single digits after posting a stronger-than-forecast 22 per cent jump in fourth-quarter net ...
Singapore Airshow: Chinese officials make investment pitches in C919’s afterglow
After China’s home-grown C919 made its international debut at the Singapore Airshow, government officials have taken the opportunity to sell the country’s aviation industry as a ripe destination for ...
Alibaba Cofounder Jack Ma’s Wife Bought $37 Million Worth Of Property In Singapore, Report Says
Z hang Ying, the wife of Chinese billionaire Jack Ma, bought three properties in Singapore for a total of up to S$50 million ($37 million), according to a report by local business newspaper the ...
Singapore to invest up to S$100 million to boost broadband network to 10Gbps; upgrade to start from mid-2024
SINGAPORE: The nationwide broadband network will undergo an upgrade of up to S$100 million (US$74.3 million), with more than half a million households expected to sign up and benefit from higher ...
Singapore-Listed U.S. REITs Gain on Distributions
By Amanda Lee Units of two Singapore-listed real-estate investment trusts rose after the companies announced distributions to unitholders for 2023, ...