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Category: FINANCE

Posted on 21/11/2022

DBS LAUNCHES THIRD SEASON OF SPARKS, ITS AWARD-WINNING WEB SERIES

Building on its "Live more, Bank less" brand promise, DBS today launched Season 3 of Sparks, its award-winning web series. The new season entrenches the bank's purpose to make banking joyful and help ...

Posted on 21/11/2022

Singapore stocks rise at Monday’s open; STI up 0.2%

SINGAPORE stocks rose in early trade on Monday (Nov 21), tracking Wall Street gains as investors tried to shrug off concerns about further interest rate hikes. Read more at The Business Times.

Posted on 21/11/2022

This new coalition loyalty programme wants to make shopping more rewarding for you

With yuu Rewards Club, you can earn points, redeem treats and rack up bonus points while shopping at your favourite brands.

Posted on 21/11/2022

OCBC wants to grow in S’pore, Malaysia and HK; Sees longer-term opportunities in Indonesia

SINGAPORE - The local market continues to present opportunities for OCBC Bank, and Mr Sunny Quek, its newly appointed head of global consumer financial services, has set out his vision to grow the ...

Posted on 20/11/2022

26-year-old investor files for bankruptcy as FTX meltdown puts focus on Singapore’s digital asset stance

Jacob* was immediately intrigued with cryptocurrencies and digital assets when he first heard about them as a teen, but only found time to learn how to trade during lockdown in 2020.He quickly built ...

Posted on 20/11/2022

How Dyna-Mac, An SGX-Listed Company Used OCBC’s Sustainability Linked Loan To Reduce Its Carbon Emission Intensity

Making money while doing good for the environment and society at large. The post How Dyna-Mac, An SGX-Listed Company Used OCBC’s Sustainability Linked Loan To Reduce Its Carbon Emission Intensity ...

Posted on 19/11/2022

4-day scam operation prevents more than 1,100 victims from losing more than $5m

A four-day operation conducted by The Anti-Scam Centre (ASC) of the Singapore Police Force, in collaboration with six banks, prevented losses of more than $5.1 million from more than 1,100 victims.

Posted on 19/11/2022

The Average Cost of Having a Baby in Singapore in 2022

Getting maternity insurance in Singapore is one of the best ways to protect both the ... that you’ll automatically receive when you open the CDA for your child at DBS/POSB, OCBC or UOB. Your ...

Posted on 19/11/2022

Top Stock Market Highlights of the Week: Temasek-FTX, Warren Buffett’s Big Buy, and Singapore Bank Mortgage Rates

We explore the implosion of a cryptocurrency exchange and Warren Buffett’s latest purchase. The post Top Stock Market Highlights of the Week: Temasek-FTX, Warren Buffett’s Big Buy, and Singapore Bank ...

Posted on 18/11/2022

Singapore Market falls on hawkish Fed, China COVID woes

The Singapore stock market finished session in the red on Friday, 18 November 2022, as profit booking triggered after hawkish comments from a top U. S. Federal Reserve official renewed worry about ...

Posted on 18/11/2022

Pofma correction orders issued to ex-GIC economist, The Independent Singapore over false claims on Govt’s fiscal surpluses

The Ministry of Finance (MOF) said on Friday that Mr Yeoh’s claim in two Facebook posts dated Nov 7 that there are $30 billion in structural fiscal surpluses that are available to the Government for ...

Posted on 18/11/2022

Corrections and clarifications regarding the Government’s fiscal surpluses and Singapore’s Reserves

The Independent Singapore (“TISG”) reproduced Yeoh’s statement in ... Any drawing of the Past Reserves is subject to the President’s concurrence. The Minister for Finance has instructed the Protection ...

Posted on 18/11/2022

S’pore a critical market for HSBC as it eyes growth backed by resurgent Asia: Group CEO

SINGAPORE - HSBC Holdings’ global franchise remains strong and continues to grow steadily as its customers, especially in the Asia-Pacific, continue to expand their global networks. Mr Noel Quinn, ...

Posted on 18/11/2022

DBS re-initiates ‘buy’ on ThaiBev, calling it one of the ‘most valuable’ large-cap Asean F&B counters

Follow us on Facebook and join our Telegram channel for the latest updates. DBS Group Research analyst Andy Sim and the Singapore research team have re-initiated coverage on Thai Beverage (ThaiBev) ...

Posted on 18/11/2022

Singapore firm weighs $200m IPO, ending listing drought

Legend Logistics is exploring an initial public offering (IPO) in Singapore to raise as much as $200 million, according to people with knowledge of the matter, in what would be the largest IPO in the ...

Posted on 18/11/2022

Singapore state investment firm to write down $275M in FTX

Singapore's central bank earlier this week said FTX was not licensed and did not operate in the city-state. Neither was the exchange exempted from licensing, according to the Monetary Authority of ...

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