Singapore’s banks are seeing a slowdown in growth, with more modest gains ahead amid a softer GDP outlook, write CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee. In a Jan 2 note, Choong and ...
Singapore Savings Bond opens for Feb issuance with interest rates under 3%
THE interest rates for the latest Singapore Savings Bond (SSB) have further slipped to 2.84 per cent for the first year and 2.97 per cent for the 10-year average, even as other short-term market ...
Singapore Savings Bond opens for February issuance with interest rates under 3%
THE interest rates for the latest Singapore Savings Bond (SSB) have further slipped to 2.84 per cent for the first year and 2.97 per cent for the 10-year average, even as other short-term market ...
Singapore DPM Wong says Budget 2023 on Feb 14 is his ‘Valentine’s Day present’ to help Singaporeans cope with rising costs
With more measures to help Singaporeans cope with the rising cost of living, Budget 2023 that will be unveiled on Feb 14 will be Deputy Prime Minister ...
Singapore’s Standing in the Global Art Market Could Rise as International Galleries Flock to the City
Tan is a Singaporean art adviser who previously served as the executive director of global artistic programs and deputy director at New York’s Asia Society Museum. He was also director of Marc Straus ...
StanChart ups maximum interest rate on Bonus$aver to 7.88%
SINGAPORE – Standard Chartered Bank has raised the maximum interest rate on its Bonus$aver account to 7.88 per cent a year – its highest ever for the product – up from 4.88 per cent. Read more at ...
Singapore PMI resumes downward trend, slides deeper into contraction
SINGAPORE’S overall factory activity resumed its downward trajectory in December, deeper into contraction territory, after a surprise uptick in November. Read more at The Business Times.
StanChart ups maximum interest rate on Bonus$aver to 7.88%, now the highest of savings accounts here
SINGAPORE – Standard Chartered Bank has raised the maximum interest rate on its Bonus$aver account to 7.88 per cent a year – its highest ever for the product – up from 4.88 per cent. Read more at ...
Singapore stocks start the year mixed; STI down 0.2%
SINGAPORE shares traded mixed on Tuesday (Jan 3), the first trading day of the year, after a volatile 2022. Read more at The Business Times.
Singapore’s market is seen as boring, but here’s my case for it
LAST year was, to put it mildly, a roller coaster for global markets. The Russia-Ukraine war, inflation and interest rate hikes were just some of the incidents that contributed to the volatility. Read ...
Commentary: 8 ways young Singaporeans can improve on personal finance in 2023, and why starting early helps
As the new year begins and in the light of a high inflationary environment and economic uncertainties, it is an opportune time for everyone, especially young adults, to spring-clean their finances, ...
Knights’ New Year Global Strategy Conference Will Be Opened In Singapore To Promote The New Wave Of Digital Finance
Global Strategy Conference will be opened in Singapore to promote the new wave of digital finance Singapore - January 3, ...
Bank of Singapore confirms appointment of Jason Moo as new CEO
Bank of Singapore (BoS), the private banking arm of Oversea-Chinese Banking Corporation (OCBC), announced that it has appointed Jason Moo as its new CEO on Jan 3. BoS’s announcement comes after ...
Singapore shares start 2023 in negative territory; STI down 0.3%
SINGAPORE stocks pulled back on Tuesday’s (Jan 3) open, with banks and index counters recording losses in the first trading session of the year. Read more at The Business Times.
Singapore GDP growth slumps in 2022 as trade slowdown weighs
Singapore’s economy likely expanded at a substantially slower pace in the fourth quarter of 2022, preliminary data showed on Tuesday, as high inflation and a lull in the country’s major exports took a ...
Singapore Q4 GDP Expands 2.2% Y/y, Beating Forecasts
Gross domestic product (GDP) expanded 2.2% in October-December on a year-on-year basis, the Ministry of Trade and Industry said in a statement. Eight economists polled by Reuters had expected growth ...