Singapore’s central bank posted a record annual loss due to the currency-translation effects of a stronger Singapore dollar and high interest expenses from mopping up excess liquidity in the banking ...
MAS broadens tax incentives to encourage single family offices to invest in Singapore
THE Monetary Authority of Singapore (MAS) is expanding its scope of tax incentives for single family offices (SFOs) in Singapore to encourage them to deploy capital in the country more purposefully ...
International law firms double down on Singapore expansion
Driven by the continued flow of institutional money and private wealth into Singapore, firms are betting big on the Lion City ...
StanChart and Atome Form First-Of-Its-Kind Lender of Record Partnership
Standard Chartered announced that it has formed the first-of-its-kind Lender of Record partnership in Singapore with Atome.
Over 1 million in virtual queue for Taylor Swift S’pore’s UOB presale
The UOB presale for Swift's tickets began at 12pm on Jul. 5 but some Swifties were facing problems entering the Ticket Master website at least an hour before the start of the presale. The problem, ...
Taylor Swift fans brace themselves as UOB ticket presales start for Singapore concerts
Wednesday (Jul 5) marks the day of UOB presales for Taylor Swift’s upcoming Singapore concerts and if past concert sales have been any indication, it will be an absolute bloodbath. Common problems ...
How To Get Tickets For Taylor Swift’s 2024 Singapore Concert On 7 July
Taylor Swift is coming to Singapore, and if Coldplay was anything to go by, her six-day The Eras Tour stopover in town will see tickets being snapped up in an instant. It’s going to be a battle – nay, ...
DBS launches e-CNY merchant collection solution in China amid growing CBDC usage
e-CNY usage in China has grown steadily since its pilot launch in April 2020. There were over 13.6 billion e-CNY in circulation as at December 2022. The CBDC is currently accepted across 26 cities and ...
Analysts await details on OCBC’s $3 bil incremental revenue goal, expected at 1HFY2023 earnings call on Aug 4
Oversea-Chinese Banking Corporation (OCBC O39 0.33%) unveiled on July 3 its branding and strategic refresh, which includes a target to deliver an incremental $3 billion in cumulative revenue between 2023 and 2025. Analysts, however, have kept their views for now.
Singapore and India bourses’ NSE IX-SGX GIFT Connect goes live
The NSE IX-SGX GIFT Connect became fully operational on July 3, and recorded more than US$8 billion of open interest in US dollar GIFT Nifty futures and over $1 billion open interest in Nifty options ...
Taylor Swift fans caused 45% surge in UOB card applications across Southeast Asia
Taylor Swift fans across Southeast Asia have reportedly caused a "very significant surge" in UOB card applications ahead of the Singapore concert. Find out more.
Sky-High Prices Make Singapore the Costliest Luxury City, New York and Miami in Top 10
With over 5.5 million people, Singapore residents pay the highest for rent, housing, school fees, insurance, taxes on cars, and general living costs.
Singapore’s GIC, Genus Power Infra to invest $2 billion in smart meter projects
Singapore’s sovereign wealth fund GIC and Genus Power Infrastructures have agreed to set up a joint venture platform to fund smart metering projects and have committed to invest $2 billion for the ...
How This Indian-Origin CEO Has Created A Succession Dilemma At Singapore’s Largest Bank
For more than 13 years, India-born Piyush Gupta has led one of Singapore’s most iconic and biggest institutions. The 63-year-old Gupta is the CEO of DBS Bank, which has played a key role in turning ...
Singapore’s $2 Billion Fintech Nium Eyes US IPO in Two Years
Singapore payments company Nium Pte aims to break even in time for a US initial public offering within two years, a positive signal for Southeast Asia’s struggling startup ecosystem.
Singapore stocks fall amid weaker regional sentiment; STI down 0.1%
Across the broader market, gainers beat losers 276 to 213 after 1.2 billion shares worth $607.2 million changed hands. Read more at straitstimes.com.