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Category: FINANCE

Posted on 08/05/2025

Rajat Tiwari To Lead €15 Billion Investment Initiative In Europe And Singapore

Rajat Tiwari, a prominent figure in investment banking, is set to spearhead a major financial collaboration between European investors and Singapore.

Posted on 08/05/2025

GE2025: Analysts expect ‘major’ Cabinet reshuffle, with defence, finance and DPM roles the ones to watch

Prime Minister Lawrence Wong is expected to bring in new political office holders and reassign key ministers as he forms his first Cabinet following the PAP's strong election showing.

Posted on 08/05/2025

New measures by local banks to prevent stolen card details from being added to mobile wallets

Previously, scammers could add such card details to their phones if they had also phished the user’s SMS OTP. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/05/2025

Malaysian Dollar Store Eco-Shop Sets IPO Price at Lower End of Range, Sources Say

Eco-Shop is set to price its initial public offering at the lower end of its guidance range, valuing the company at close to $1.5 billion, people familiar with the situation said.

Posted on 08/05/2025

Indonesian Billionaire’s Chandra Asri Expands In Singapore With Chevron Phillips Deal

The latest acquisition bolsters Chandra Asri’s position in Singapore where the group also operates an oil refinery, an ethylene cracker and a petrochemical plant.

Posted on 08/05/2025

SeaMoney rebrands to Monee, opens new headquarters for Sea group’s digital financial services

SINGAPORE] Sea’s digital financial services arm has rebranded from SeaMoney to Monee, an umbrella segment for all of Sea’s digital financial services. Read more at The Business Times.

Posted on 08/05/2025

BNB a “tortoise” in growth, but likely to offer steady returns: Standard Chartered

Standard Chartered's Geoff Kendrick believes that BNB will be capable of reaching price level heights of US$1,275 by end-2025 ...

Posted on 08/05/2025

Singapore signals commitment, policies to draw green dollar during Ecosperity Week

Economic uncertainties may persist, but climate change is still something we have to prepare for. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/05/2025

Governments, insurers and innovative finance needed to reduce risks of Asean power grid

South-east Asia faces a green investment gap of more than $272 billion a year. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/05/2025

Singapore’s DBS Q1 profits dip 2% amid Trump headwinds

SINGAPORE -- Singaporean lender DBS Group Holdings, Southeast Asia's largest bank by assets, on Thursday reported a 2% year-on-year fall in its first quarter net profit as it prepares for economic ...

Posted on 08/05/2025

Best Credit Card Promotions in Singapore (May 2025): Citibank, DBS, HSBC, UOB, and More

This May, sign up for a credit card and you could walk away with welcome gifts like: Apple 10.9-inch iPad 10th Gen WiFi 64GB (worth $499) Sony WH-1000XM5 Wireless Noise Cancelling Headphones (worth ...

Posted on 08/05/2025

DBS boosts allowance reserves amid uncertainties, Q1 profit beats views

Singapore's biggest bank, DBS Group, boosted its general allowance reserves amid heightened macroeconomic and geopolitical uncertainty on Thursday after posting a 2% year-on-year drop in first-quarter ...

Posted on 08/05/2025

DBS cautious about 2025 after Q1 profit beats expectations

By Yantoultra Ngui SINGAPORE (Reuters) -Singapore lender DBS Group flagged risk from heightened uncertainty and softer non-interest income growth for 2025 after posting on Thursday a 2% drop in ...

Posted on 08/05/2025

The 40% return delivered to Singapore Post’s (SGX:S08) shareholders actually lagged YoY earnings growth

Passive investing in index funds can generate returns that roughly match the overall market. But if you pick the ...

Posted on 08/05/2025

Report: Singapore dollar seen rising further, may reach parity with US dollar

The Singapore dollar is reportedly expected to rise further against the US dollar in the coming months, despite a recent surge driven by optimism over easing trade tensions, analysts said. According ...

Posted on 08/05/2025

Tackling verification and authentication weak spots in Singapore’s financial services industry

Over the past five years, Singapore has seen a rise in fraudulent activities targeting financial services institutions (FSIs). Incidents range from money mules exploiting Singpass credentials to open ...

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