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Category: FINANCE

Posted on 15/01/2023

Staging of events like Sail GP positive sign for recovery of S’pore’s tourism sector, says official

New and exciting products like the Singapore Sail Grand Prix will help aid the Republic’s tourism recovery post-Covid, said Alvin Tan, Minister of State for Culture, Community and Youth, and Trade and ...

Posted on 15/01/2023

Singapore bank share prices to drop on higher NPL, says JPMorgan

JPMorgan is forecasting that Singapore bank share prices will fall later in 2023, due to a risk of non performing loans (NPL). A team of five analysts from the financial services company say that ...

Posted on 15/01/2023

BENEFIT explores business ties with Singapore bank

BENEFIT, Bahrain’s leading company in fintech services, recently hosted a delegation from Singapore’s Grow Digital Bank to explore joint initiatives between the two nations, forging stronger ties and ...

Posted on 15/01/2023

EMA to issue bonds as part of $2b programme to finance green energy transition

To finance the Republic’s green energy transition and ensure the stability of the electricity market, the Energy Market Authority (EMA) is looking to launch green, sustainable and transition bonds as ...

Posted on 15/01/2023

Sean Lee adds to Marco Polo Marine stake; OCBC leads buybacks

FOR the five trading sessions that spanned Jan 6 to Jan 12, the Straits Times Index (STI) declined 0.8 per cent, with the Hang Seng Index gaining 0.5 per cent and the FTSE Bursa Malaysia KLCI ...

Posted on 15/01/2023

4 Singapore Stocks With Economic Moats: DBS; Raffles Medical; SGX; Viacom

An economic moat refers to businesses having a competitive advantage over their competitors to preserve market share ...

Posted on 15/01/2023

Me & My Money: Creating opportunities out of risks

The volatile markets of late may have deterred many potential investors and stayed the hand of those already in, but they are meat and drink for entrepreneur Stephen Davies. Read more at straitstimes.

Posted on 15/01/2023

What to do if the stock market is making you depressed

Market timing could mess with your emotions, something that is best set aside when you are making investment decisions. Read more at straitstimes.com.

Posted on 14/01/2023

Singapore based Fintech actyv.ai Raises Funding to Support Expansion, Product Enhancement

Singapore-headquartered, category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has raised $12M.

Posted on 14/01/2023

Top Stock Market Highlights of the Week: World Bank’s Slashes Forecast, ChatGPT, Olam Group, and Singapore Post

We preview the latest updates from Olam and Singapore Post and also look at this year’s forecast for the world economy. The post Top Stock Market Highlights of the Week: World Bank’s Slashes Forecast, ...

Posted on 14/01/2023

OPINION | Singapore’s Valentine’s Day “present”, forgotten old HDB estates and other stories in review

Ghui, OPINION Netizens have responded (some angrily, others cheekily) to a video featuring Deputy Prime Minister and Minister for Finance Lawrence Wong announcing that he would deliver the budget on ...

Posted on 14/01/2023

Amid surge in demand for fixed deposits and festive peak, banks urge customers to go online

Financial institutions like OCBC, Hong Leong Finance, HSBC and Citibank have seen a significant increase in fixed deposit placements amid the rising interest rate environment.

Posted on 14/01/2023

‘Difficult choices’ must be made in long-term planning, says Desmond Lee at St Gallen Symposium

HSBC Singapore chief executive Wong Kee Joo added that after short-term challenges are addressed, firms should also keep in mind how they may have future implications. Join ST's Telegram channel and ...

Posted on 13/01/2023

Account-holders of 8 banks can now tap eGiro to pay MOE school fees

With the new arrangement, more parents can apply online for Giro, and have their applications processed within a few minutes. Read more at straitstimes.com.

Posted on 13/01/2023

Singapore stocks rise on optimism over cooling US inflation

SINGAPORE - The Straits Times Index (STI) rose 0.8 per cent or 25.97 points to close at 3,293.75 points on Friday (Jan 13), as slowing inflation in the US lifted investor sentiment. Read more at ...

Posted on 13/01/2023

Temasek-backed ST Telemedia explores $1.3 billion IPO: Sources

ST Telemedia Global Data Centres (STT GDC), a company backed by Singapore’s investment company, Temasek, is exploring a potential initial public offering (IPO) that could raise more than US$1 billion ...

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