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Posted on 09/07/2024

Frasers Property secures $904 million sustainability-linked loan

SINGAPORE - Frasers Property’s wholly owned subsidiary, Frasers Property Treasury, has secured a dual-tranche, sustainability-linked loan aggregating $904 million. The group said on July 9 that ... ( read original story ...)

Posted on 09/07/2024

SGX has no immediate plans to allow crypto listings, CEO says

Speaking in an interview at the Reuters NEXT conference in Singapore, Loh said "not at the moment", when asked whether SGX would be open to crypto listings. "I think for any new product launches, it's ...

Posted on 09/07/2024

Watson Listing Plan Still On, Singapore’s Temasek Says

Singapore state-investment company Temasek Holdings said the plan to list A.S. Watson Group remains in place, a potential deal that could be worth billions of dollars.

Posted on 09/07/2024

Singapore’s Temasek doesn’t rule out high-carbon investments on road to net zero

Singapore state fund Temasek will consider investing in fossil fuel and other carbon-intensive projects if they make environmental as well as commercial sense, it said on Tuesday, even as it aims to ...

Posted on 09/07/2024

Singapore state investor Temasek to focus on early adopters of AI in the U.S.; cautious on China

The state investor forecasts that the U.S. will still be the largest destination for its capital, although it is also looking to increase its focus to India and Japan.

Posted on 09/07/2024

Banks in Singapore phasing out OTP login for digital token users to combat scams

Major banks in Singapore will begin phasing out the use of one-time passwords (OTP) for bank account logins by customers who are digital token users. These banks include DBS, OCBC and UOB. The move, ...

Posted on 09/07/2024

Singapore Container Ship Logjam Spills Over to Malaysian Port

Container ship congestion in Singapore, one of Asia’s busiest ports, is spreading to neighboring Malaysia, snarling supply chains and causing delays in the movement of consumer goods.

Posted on 09/07/2024

Singapore banks to phase out use of OTP for login for customers using digital tokens

Major retail banks in Singapore will phase out the use OTPs for account login for customers who are digital token users within the next three months. These include the three local banks: DBS Bank, ...

Posted on 09/07/2024

DBS CEO says bank hunting for bolt-on deals, not game-changing ones

DBS Group is looking for bolt-on acquisitions that would support its geographic and business strategy but has ruled out making a major buy to save itself from distraction, Piyush Gupta, CEO of the ...

Posted on 09/07/2024

Google reveals that Singapore is the country with the most searches for ‘travel’ in the past 12 months

The results also showed that Singapore is one of the top 10 countries searching for forest bathing experiences.

Posted on 09/07/2024

Bank Negara likely to leep OPR at 3% on Thursday – StanChart Singapore

StanChart Singapore said it will also monitor changes in BNM’s assessment of the ringgit after the central bank said in a note in May that "the ringgit currently does not reflect Malaysia’s economic ...

Posted on 09/07/2024

BNM LIKELY TO KEEP OPR AT 3.0 PCT ON THURSDAY — STANCHART SINGAPORE

says Standard Chartered Bank (Singapore) Ltd (StanChart Singapore). However, the bank said it will watch for any tweaks to BNM’s inflation outlook given the diesel subsidy rationalisation, which was ...

Posted on 09/07/2024

OCBC unveils financial programme for SG’s 36,000 property agents

It offers preferential home rates and bonus interest, amongst others. OCBC has launched OCBC PartnerCare, a financial and personal wellness programme aimed for the financial needs of property agents ...

Posted on 09/07/2024

REUTERS NEXT-DBS CEO says Trump will be open to cutting deals, which could suit China

SINGAPORE (Reuters) -Singapore bank DBS Group's CEO Piyush Gupta said on Tuesday U.S. presidential candidate Donald Trump, if he wins, would be open to cutting deals, which could suit China. Gupta, ...

Posted on 09/07/2024

Silkworm satay? Singapore approves insects as food

Singapore has approved 16 species of insects for sale and consumption in the country, including locusts, grasshoppers, mealworms and several types of beetle.

Posted on 09/07/2024

Singapore stocks open higher on Tuesday—STI gained 0.5%

SINGAPORE: Singapore stocks open higher on Tuesday, July 9, reflecting gains from Wall Street overnight. The Straits Times Index (STI) gained 18.14 points, or 0.5%, to reach 3,422.61 as of 9:01 am, ...

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