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Category: FINANCE

Posted on 01/03/2023

More than 3,800 riders have signed up for OCBC Cycle 2023 in just three weeks

The event, to be held on 6 and 7 May, is returning in full physical format for the first time since 2019. Read more at straitstimes.com.

Posted on 01/03/2023

Najib knew about ‘obscured’ 1MDB transactions through S’pore bank: Witness

Former prime minister Najib Abdul Razak had knowledge about the flow of 1MDB funds through an “obscured” route in the Singapore branch of BSI Bank, the bank's former employee testified. The bank’s ...

Posted on 01/03/2023

UOB completes deal for Citi’s Vietnam consumer banking business

Citigroup said on Wednesday that it had completed the sale of its Vietnam retail banking and consumer credit card businesses to Singapore's United Overseas Bank in a transaction expected to result in ...

Posted on 01/03/2023

Stock Market Live: SGX Nifty indicates a negative open for Sensex and Nifty 50

Indian equity benchmarks NSE Nifty 50 and BSE Sensex are expected to open lower on Wednesday tracing global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading ...

Posted on 01/03/2023

Singapore: MAS Imposes Due Diligence Requirements for Corporate Finance Advisers

MAS issued a Notice imposing mandatory baseline standards of due diligence and conduct requirements "for corporate finance (CF) advisers." ...

Posted on 01/03/2023

Singapore banks face slowing loan growth

The three local banks face a continued slowdown in loan growth and higher credit costs in 2023 but their earnings will stay buoyant, analysts tells The Straits Times.

Posted on 01/03/2023

In Your Opinion: How financially literate are Singapore’s youth?

Why youth do not want financial advice from a 'suit', but from those they can identify with. Read more at straitstimes.com.

Posted on 28/02/2023

Singapore vows to keep economy competitive despite global headwinds

SINGAPORE - Even as the economic landscape becomes more challenging, Singapore will spare no effort to remain a competitive global business hub, said Minister for Trade and Industry Gan Kim Yong on ...

Posted on 28/02/2023

UOB allegedly demands fraud victim to pay for unauthorized transactions and freezes bank account

The Online Citizen Asia UOB allegedly demands fraud victim to pay for unauthorized transactions and freezes bank account Consumer Watch ...

Posted on 28/02/2023

Singapore extends investment promotion tax incentives; raises quantum for Global Investor Programme

SINGAPORE is extending several investment promotion tax incentives for another five years, even as it prepares to implement global tax rule changes. But separately, individuals will need to invest ...

Posted on 28/02/2023

Stock Market LIVE Updates: Sensex rises 100 pts, Nifty above 17,400; ZEEL jumps 4%, Adani Ent sheds 5%

Nifty futures on the Singapore Exchange traded 7.5 points, or 0.04 per cent, higher at 17,495.50, signaling that Dalal Street was headed for a muted start on Tuesday. In a sign of weakness at higher ...

Posted on 28/02/2023

163 IPOs in Southeast Asia in 2022

IPO fundraising was subdued in Southeast Asia last year, as Vietnam saw eight successful IPOs while raising $71 million.

Posted on 28/02/2023

Jail for SG national serviceman who stole subordinate’s mobile phone, accessed and emptied victim’s bank account

A full-time national serviceman (NSF) with the Singapore Civil Defence Force (SCDF) was at his workplace when he stole his subordinate’s mobile phone and accessed the latter’s bank account.

Posted on 28/02/2023

Singapore boosts grants, tax schemes for companies going abroad; new Scale-Up X for promising local enterprises

BUSINESSES are getting more help to venture abroad with enhanced grants and schemes, while a new Scale-Up X programme will give tailored help to promising local enterprises, Minister for Trade and ...

Posted on 28/02/2023

Photos: HSBC Singapore’s new office design sees move to an activity-based workplace

The office design promotes wellbeing by considering strategies related to air, water, light, acoustic and thermal comfort.

Posted on 28/02/2023

Citi appointed depositary bank for Hangke’s GDR program

This is in connection with Hangke’s $172.85m IPO of tis GDRs. Citi’s Issuer Services has been appointed as the depositary bank for the global depositary receipt (GDR) program of Zhejiang HangKe ...

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