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Category: FINANCE

Posted on 08/09/2023

Lee Can’t Fade Away In Scandal-Plagued Singapore

Succession is a delicate and potentially violent topic for leaders. In Singapore, succession planning is quite the opposite: It showcases the stabil ...

Posted on 08/09/2023

Why are Singapore-based investors flocking to UK real estate?

Transparency, predictable yields and clear rules are key criteria for Singaporean investors buying up UK real estate.

Posted on 08/09/2023

Singapore regulatory sandbox lacks qualified crypto payment providers

In its fight against money laundering, Singapore provides operational licenses to crypto businesses that can showcase robust Anti-Money Laundering (AML) controls.

Posted on 08/09/2023

Norway’s $1.4 trillion investment fund is shutting its China office

Norges Bank Investment Management (NBIM), which operates the world’s largest sovereign wealth fund, has started the process of closing down its office in Shanghai, in another sign of big global ...

Posted on 08/09/2023

Norway’s $1.9 trillion wealth fund starts winding down China office as Asia hub shifts to Singapore

The fund is initiating the process to close its representative office in Shanghai due to “operational considerations". Read more at straitstimes.com.

Posted on 08/09/2023

Prime Minister advances trade ties, investment, and innovation with Singapore

CNW/ - As Canada kicks off a new chapter as an Association of Southeast Asian Nations (ASEAN) strategic partner, we are further deepening ties with the Indo-Pacific region. Canada and Singapore ...

Posted on 08/09/2023

S’pore households’ net worth up in Q2 with more money going to investing, insurance

In Q2, household net worth was up 8.9% from the same period last year to around $2.7 trillion. Read more at straitstimes.com.

Posted on 08/09/2023

Singapore Shares May Hand Back Thursday’s Gains

The Singapore stock market on Thursday ended the two-day slide in which it had fallen more than 15 points or 0.5 percent. The Straits ...

Posted on 08/09/2023

5 Simple Steps to Become a Singapore Stock Market Millionaire

How to master the art of Smart Investing The post 5 Simple Steps to Become a Singapore Stock Market Millionaire appeared first on The Smart Investor.

Posted on 08/09/2023

Singapore Asks Banks to Probe Dealings With Laundering Suspects

Singapore’s central bank has directed financial institutions to review any relationships with individuals tied to a money laundering scandal involving over S$1.8 billion ($1.3 billion) of assets.

Posted on 08/09/2023

New security feature on OCBC app has prevented loss of S$2 million

THE anti-malware security feature on the OCBC Digital app has prevented scammers from making away with more than S$2 million since its launch on Aug 5. Read more at The Business Times.

Posted on 08/09/2023

Interest Rates and Returns for Singapore Savings Bonds (SSB) in September 2023

In recent months, the interest rate and therefore returns of the Singapore Savings Bond (SSB) have been at record highs. Should you buy the SSB? Read on as we delve deeper into the Singapore Savings ...

Posted on 07/09/2023

IPO-bound Ola Electric raises $140 mn from Temasek-led funding round at $5.4-bn valuation: Report

While Temasek is infusing around $90 million, the firm will raise the remaining amount from family offices. This is part of the ongoing round wherein Ola Electric is planning to raise up to $250 ...

Posted on 07/09/2023

More identification of people behind decentralised finance activities needed: Watchdog

An international watchdog has called on regulators around the world to identify the entities responsible for decentralised finance (DeFi) activities and in turn throw more light on an often murky ...

Posted on 07/09/2023

Ola Electric receives $140 million funding from Singapore state investor Temasek

Singapore state investor Temasek has invested $140 million in Ola Electric Mobility Pvt. Ltd as a part of the ongoing round to raise $250 million, sources informed CNBC-TV18. This comes after Reliance ...

Posted on 07/09/2023

Australian Billionaire Wants Submarine Cable to Export Solar Power to Singapore and Beyond

SunCable could help Asia’s fossil-fuel dominated economies—particularly those with limited space for solar and wind farms—switch to cleaner electricity sources.

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