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Category: FINANCE

Posted on 16/04/2025

Singapore eases monetary policy again as growth outlook dims and tariff pressures mount

By bno - Surabaya Office Singapore has loosened its monetary policy for the second consecutive time, with the Monetary Authority of Singapore (MAS) acting amid mounting concerns that the city-state ...

Posted on 16/04/2025

DBS maintains ‘fully valued’ call on Aztech following weaker 1QFY2025 numbers

DBS says that Aztech's share price is now held up by dividend entitlement of 10 cents which will go ex on April 17 ...

Posted on 16/04/2025

Savills Singapore lowers 2025 investment sales forecast from $23 bil to $20 bil on US tariffs impact

In a press release, the firm states the lower estimate takes into account “the negative bias from the US tariffs”.While the 90-day freeze on the tariffs announced by the Trump administration on April ...

Posted on 15/04/2025

Minority shareholders question OCBC CEO Helen Wong’s re-election as director of Great Eastern

Great Eastern shares have been suspended from trading amid a takeover offer by OCBC. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 15/04/2025

Standard Chartered Singapore Marathon returns on Dec 6-7 with new format

SINGAPORE] This year’s Standard Chartered Singapore Marathon (SCSM) – the only World Athletics Gold Label Race in South-east Asia – will sport a brand-new look and be held over two days instead of the ...

Posted on 15/04/2025

Stanchart Singapore Marathon’s half marathon, marathon to run on separate days

The Dec 6-7 event will be cut from 3 to 2 days for a 'smoother race-day experience'. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 15/04/2025

Standard Chartered Singapore Marathon to become 2-day event – could Hong Kong follow?

Organisers of Hong Kong’s race to ‘consider every possibility’ after Singapore responds to event’s growth in past three editions.

Posted on 15/04/2025

UOB, Wee Foundation commit S$110 million to NTU for new educational initiatives

SINGAPORE] UOB and the Wee Foundation on Monday (Apr 14) committed S$110 million to Nanyang Technological University (NTU) to fund three new educational initiatives, which will benefit up to 1,200 NTU ...

Posted on 15/04/2025

Singapore Airlines Will Invest $34 Million To Upgrade SilverKris and KrisFlyer Gold Lounges At Changi Airport

Drawing on previous enhancements to existing Singapore Airlines lounges elsewhere at Changi Airport, the Singaporean flag carrier also plans to improve the food and beverage offering in its Terminal 2 ...

Posted on 15/04/2025

Singapore Airlines to invest S$45 million in lounges at Changi Airport T2

SINGAPORE] Singapore Airlines (SIA) will invest S$45 million to upgrade its SilverKris and KrisFlyer Gold lounges at Changi Airport Terminal 2 over the next two years, it announced in a media release ...

Posted on 15/04/2025

Bangladesh seeks Singapore’s investment to boost growth in key sectors

Highlighting Singapore as a key source of foreign direct investment (FDI) in Bangladesh, Foreign Secretary Md Jashim Uddin has invited more investment in priority sectors like energy, ICT, ...

Posted on 15/04/2025

Asian Stock Markets Rise Amid Hopes for More U.S. Tariff Exemptions

Asian stock markets rose Tuesday morning amid tentative hopes for more U.S. tariff exemptions that could lessen the negative impact of tougher trade barriers.

Posted on 15/04/2025

A ransomware attack hit a DBS vendor. What is it and how does it affect bank operations?

SINGAPORE] Customer data from DBS and Bank of China’s Singapore branch (BOC) were stolen when their printing vendor was hit by a ransomware attack last week. Read more at The Business Times.

Posted on 15/04/2025

Automotive group Vin’s Holdings shares rise on IPO debut in SGX’s first listing of 2025

SINGAPORE] Shares of Vin’s Holdings (VH) climbed on its debut on Tuesday (Apr 15), in the first IPO on the Singapore Exchange this year. Read more at The Business Times.

Posted on 15/04/2025

2 in 3 Singapore residents aim to be financially independent between age 40 and 60: CIMB survey

More than half of those surveyed also said they believe they need more than S$1 million to achieve financial independence.

Posted on 15/04/2025

UOB enhances sustainable financing frameworks, granting SMEs easier access

UOB says it is the only Singapore bank to incorporate MAS’s technical screening criteria of the Singapore-Asia Taxonomy into all of its six sector-focused sustainable financing frameworks.

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