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Category: FINANCE

Posted on 26/01/2023

Singapore to continue investing in local tech talent despite lay-offs at tech giants: Josephine Teo

SINGAPORE: Singapore will continue to invest in developing local tech talent despite recent lay-offs at tech giants as this is "the right thing to do", Minister for Communications and Information ...

Posted on 26/01/2023

Singapore and the UK Deepen Cooperation on Fintech and Sustainable Finance

Singapore and the United Kingdom came to an agreement to deepen bilateral cooperation on fintech and sustainable finance.

Posted on 26/01/2023

RHB SINGAPORE CELEBRATES OPENING OF REFRESHED HEADQUARTERS WITH EXCLUSIVE 4.28% PER ANNUM FIXED DEPOSIT RATE

The main branch includes a Business Banking Centre where clients can access teams of industry specialists and relationship managers. RHB Singapore embarked on a strategic transformation of its retail ...

Posted on 26/01/2023

Dollar wobbles near eight-month low ahead of c.bank meetings

The dollar held close to an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season stoked recession fears and as traders stayed on guard ahead of a slew of central ...

Posted on 26/01/2023

Singapore’s latest one-year Treasury bill offers 3.87% yield

SINGAPORE’S first Treasury bill (T-bill) with a one-year tenor in 2023 closed its auction with a cut-off yield of 3.87 per cent on Thursday (Jan 26). Read more at The Business Times.

Posted on 26/01/2023

Greening buildings, financing and disclosures: OCBC evaluates Singapore’s real estate sector

OCBC’s analysts offer a snapshot of Singapore’s status on green buildings, green financing, strategies and disclosures.

Posted on 26/01/2023

Brankas introduces advanced fraud detection in its Open Finance solutions through new strategic partnership with Element

Brankas, the leading global open finance technology provider, and Element Inc , the privacy-led, modern AI pioneer in digital identity services, today announced a strategic partnership to introduce an ...

Posted on 26/01/2023

Hong Kong, Singapore, and Japan’s Regulation of Cryptocurrencies: What You Need to Know

Some of the most developed financial regulations in the world are found in Singapore, Hong Kong, and Japan. Therefore, it is not surprising that talks about how to govern cryptocurrency have been ...

Posted on 26/01/2023

Budget 2023 may come too soon for new Singapore FDI game plan post global tax changes: watchers

GLOBAL tax changes could prompt Singapore to find new ways to attract foreign direct investment (FDI), such as tax credit schemes, grants, or industry-specific measures – but this may only happen ...

Posted on 26/01/2023

Singapore banks to report flattish Q4 22 earnings amidst slow global growth

NIMs will rise but the expansion could decelerate due to higher funding costs. With slow global growth and interest rate uncertainties, banks will report a flattish set of earnings for the fourth ...

Posted on 26/01/2023

Despite high residential property prices, Singapore is a good investment destination

High residential property prices in Singapore should not discourage a savvy real estate buyers. The post Despite high residential property prices, Singapore is a good investment destination appeared ...

Posted on 25/01/2023

Shifting from Singapore to India cost PhonePe investors Rs 8,000 Cr in taxes

Sameer Nigam, Co-founder and CEO of PhonePe, said Indian laws pose several challenges for startups that want to shift domicile to India.

Posted on 25/01/2023

Investors forked out Rs 8000 cr to shift base from Singapore to India, says PhonePe CEO Sameer Nigam

The company completed the move in October when it shifted all businesses and subsidiaries of PhonePe Singapore to PhonePe Pvt Ltd ... to raise funds from other investors who may have their investment ...

Posted on 25/01/2023

Reits lead Singapore stocks higher on Wednesday; STI up 1.8%

SINGAPORE stocks jumped higher on Wednesday (Jan 25) with real estate investment trusts (Reits) leading the gainers, as investors returned after the Chinese New Year holidays. Read more at The ...

Posted on 25/01/2023

Singapore’s Sea said to be eyeing sale of Phoenix Labs to cut costs

SEA Ltd is considering a sale of Vancouver-based indie developer Phoenix Labs as the South-east Asian Internet giant slashes costs and focuses on its core business, said sources.  Read more at The ...

Posted on 25/01/2023

EMERGING MARKETS-Thai baht unchanged after c.bank hikes rates; Singapore stocks rally

Thai baht, stocks unchanged after rates decision * Singapore shares hit near 9-mth high * China, Taiwan, Hong Kong closed for new year By Savyata Mishra Jan 25 (Reuters) - The Thai baht was broadly ...

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