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Category: FINANCE

Posted on 19/09/2023

3 Singapore Blue-Chip Stocks with Rising Dividends and Great Prospects

We profile three well-known blue-chip names that reported higher dividends along with optimistic business prospects. The post 3 Singapore Blue-Chip Stocks with Rising Dividends and Great Prospects ...

Posted on 19/09/2023

UOB Kay Hian ups UMS’s TP to $1.56 after its key customer raises its earnings guidance

Analyst John Cheong sees the company as being “well-positioned” to benefit from the recovery of the semicon industry.

Posted on 19/09/2023

BlackRock’s largest Singapore-based ETF launch targets Asian climate action

BlackRock (NYSE:BLK), the world's largest asset manager, has launched its largest equity exchange-traded fund (ETF) in Singapore to date. The iShares MSCI Asia ex-Japan Climate Action ETF, valued at ...

Posted on 19/09/2023

MAS records highest civil penalties, convictions for financial crimes for 2022/2023

SINGAPORE - The Monetary Authority of Singapore (MAS) imposed the highest amount in civil penalties and recorded the highest number of convictions for financial crimes from Jan 2022 to June this year, ...

Posted on 19/09/2023

OCBC becomes first bank in Singapore to offer cross-border payments for customers through Alipay+

This partnership is OCBC’s latest cross-border payments collaboration, following its partnership with UnionPay earlier this year.

Posted on 19/09/2023

OCBC to enable QR payments in China via Ant Group partnership

OCBC’S Singapore customers can use their banking app to make QR code payments in China from Friday (Sep 22), under a new partnership with Alipay operator Ant Group.   Read more at The Business Times.

Posted on 19/09/2023

Fare hike could lift ComfortDelGro’s FY2024 net profit by $11 million: DBS

ComfortDelGro has a 74.4 per cent stake in SBS Transit, which operates public bus and train services in Singapore. Read more at straitstimes.com.

Posted on 19/09/2023

UOB Kay Hian lowers SIA’s target price to $6.44 as August’s operation data disappointed

UOB Kay Hian believes SIA’s profitability has likely peaked and its earnings performance ahead is “due for normalisation”.

Posted on 19/09/2023

Schroders Capital appoints private equity investment director in Singapore

Schroders Capital has appointed Ankita Baheti as its private equity investment director based in Singapore as the firm seeks to bolster the practice further in Singapore. The firm has plans to ...

Posted on 19/09/2023

Singapore’s been named the world’s 6th Blue Zone. Some locals disagree and say life on the island sucks — here’s why.

Singapore was recently named the sixth Blue Zone, but some locals are skeptical of the accolade.One Singaporean told Insider that while people may be living longer, they aren't healthy or ...

Posted on 19/09/2023

Singapore Banks Ramp Up Anti-Malware Measures in Face of Rising Threats

The Association of Banks in Singapore (ABS) has revealed that significant retail banks in the city-state have bolstered their security protocols against ...

Posted on 19/09/2023

Singapore shares track fall in regional bourses, Wall Street; STI dips 0.5%

Pacific, including Singapore, mostly closed in the red on Monday (Sep 18), tracking the sharp loss on Wall Street last Friday. Read more at The Business Times.

Posted on 19/09/2023

Analysis-More SE Asia firms consider U.S. IPOs, filling void left by China peers

Several Southeast Asian companies are considering listing in the United States, banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings.

Posted on 19/09/2023

Sun Xueling on freezing of bank accounts suspected of being linked to scams

The Singapore Police Force (SPF) only freezes bank accounts when there is reason to suspect that they are involved in illicit activities, including scams. The annual number of such accounts is ...

Posted on 19/09/2023

Singapore’s Temasek Trust and DBS plan to launch philanthropic marketplace

Singapore’s Temasek Trust and DBS Foundation plan to launch a digital marketplace that will direct private investments into impact-focused projects. Called Co-Axis, the marketplace will be launched in ...

Posted on 18/09/2023

Daily Cuts – Analysis: F1 weekend in Singapore

Singapore Today's Lance Alexander and Daniel Martin speak with Alvin Liew, Senior Economist, UOB, about whether this year's Singapore Grand Prix event was financially successful.

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