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Category: FINANCE

Posted on 14/12/2022

Man in SG jailed over offence linked to OCBC phishing scams and other crimes

A man relinquished control of his company’s bank account to an unknown person in late 2021. The account was then used to receive, and transfer out, the proceeds of online scams totalling S$53,801.

Posted on 14/12/2022

Hotel rates hitting the roof in Singapore, further upside to be seen in Japan and China: DBS

DBS Group Research analysts Geraldine Wong and Derek Tan are of the view that “sky-high rates are here to stay” for hotels in Singapore. The analysts write in a Dec 13 report that hotel revenue per ...

Posted on 14/12/2022

Singapore’s Canary Wharf Is Running Out of Office Space

The Asian financial center has begun its quest for a new business district. But will tenants agree to leave the buzzing Marina Bay and move next to a tranquil lake?

Posted on 14/12/2022

‘Profitability Is the Name of the Game:’ DBS Sees Opportunity in These 2 EV Stocks

No matter the vagaries of day-to-day market action, the target for investors will remain the same as it always has been: To find stocks that promise profitability, and a positive return going forward.

Posted on 14/12/2022

Standard Chartered trains over 8,000 employees as part of S$8m investment

STANDARD Chartered Bank has trained more than 8,000 employees in Singapore as part of an S$8 million investment to upgrade its talent, it announced on Tuesday (Dec 13). Read more at The Business Times ...

Posted on 13/12/2022

Moderna ready to invest in S’pore as it seeks to raise Asia-Pac headcount to 200 by end-2023

SINGAPORE - Biotechnology firm Moderna has committed to investing in Singapore and the region, with plans to grow its Asia-Pacific headcount from 80 to 200 by the end of 2023. Read more at ...

Posted on 13/12/2022

Man jailed for role in OCBC phishing scam, threatening cabby with knife, and false police report

A man relinquished control of his company's bank account to an unknown person in late 2021. The account was then used to receive, as well as transfer out, the proceeds of online scams totalling ...

Posted on 13/12/2022

DBS expects industrial S-REITs to be resilient amid supply spike, top picks are FCT, CLAR and MLT

DBS Group Research thinks that the Singapore industrial sector will continue to remain resilient even as supply spikes in the sector, leading to a possible downward pressure on rental rates. Analysts ...

Posted on 13/12/2022

Singapore becomes ‘most expensive city,’ Indians cope up with expenses

In the latest survey conducted by Economist Intelligence Unit (EIU) Worldwide Cost of Living (WCOL) Index, Singapore and New York City called as joint "most expensive cities in the world." ...

Posted on 13/12/2022

Dollar steadies in calm before CPI and central bank storm

The dollar was firm on Tuesday leading in to the release of U.S. inflation data and the final Federal Reserve meeting of the year, with investors waiting to update interest rate outlooks.

Posted on 13/12/2022

Asian stocks waver ahead of U.S. inflation data and central bank rate decisions

Asian stock markets slipped after making early gains on Tuesday, as investors waited for U.S. inflation data that many hope will persuade the Federal Reserve and other central banks to step back from ...

Posted on 13/12/2022

5 Best Personal Loans in Singapore with Lowest Interest Rates (2022)

If you’re in urgent need of money, but too paiseh to borrow from your family and friends, your best bet is probably a personal loan. With a personal loan, you borrow cash from a bank or financial ...

Posted on 13/12/2022

Man jailed over offence linked to OCBC phishing scams and other crimes

He allowed others to use his company’s bank account to receive and transfer out proceeds of online scams. Read more at straitstimes.com.

Posted on 13/12/2022

Real estate platform Ohmyhome expects to raise around $20 million in IPO

Ohmyhome, a Singapore-based real estate platform, has filed for a US initial public offering (IPO) aiming to raise more than US$14.6 million (S$19.78 million), according to a US Securities and ...

Posted on 13/12/2022

Real estate platform Ohmyhome expects to raise over US$14.6m in IPO

OHMYHOME, a Singapore-based real estate platform has filed for a US initial public offering (IPO) aiming to raise over US$14.6 million, according to a US Securities and Exchange Commission (SEC) ...

Posted on 13/12/2022

General Atlantic and Kotak backed KFin Tech likely to float IPO on December 19

KFin Technologies received approval from market regulator Securities and Exchange Board of India (SEBI) to raise Rs 2,400 crore. The financial services platform had filed preliminary IPO papers with ...

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