according to the Singapore Business Federation’s Free Trade Agreement Survey 2023. The survey was conducted between October and December 2023. More than 800 businesses across industries in Singapore ...
Singapore continues to see strong growth in wealth inflows; MAS working to reduce wait time
SINGAPORE continues to see strong growth momentum for wealth inflows, even as financial institutions stepped up onboarding processes in the wake of the S$3 billion money laundering case uncovered last ...
Singapore sees growth in assets management, debt market last year
SINGAPORE, July 18 (Xinhua) -- Singapore's asset management volume reached 5.41 trillion Singapore dollars (4 trillion U.S. dollars) by 2023, a 10 percent growth from the previous year, according to ...
NEA officer receives S$20,000 PayNow transfer sent by mistake, withdraws & uses it, gets fined
A man in Singapore intending to transfer S$20,000 to himself via PayNow mistakenly keyed in the wrong mobile number and sent the money to a stranger instead. But when he messaged the recipient, Cho ...
Singapore Central Bank Commits $74.6 Million New Funding to Boost AI, Quantum Tech in Sector
Singapore's central bank has committed new funding to boost the adoption of artificial intelligence and quantum technologies in the financial sector, focusing on security and innovation. The Monetary ...
Singapore Seeks to Standardize Banks’ Anti-Laundering Rules
Singapore is seeking to set clearer standards for how banks tackle illicit flows after a multi-billion dollar money laundering scandal rocked the city-state.
Singapore central bank expects 2024 growth closer to potential rate of 2-3%
Singapore's full-year economic growth will come in closer to its potential rate of 2% to 3% and core inflation is expected to ease more significantly in the final quarter of the year, the head of its ...
Singapore’s MAS Sees 2024 Growth Near Upper End of Its Forecast
Singapore’s central bank expects the island’s economy to expand near the upper end of a 1%-to-3% range forecast for this year, even as geopolitical tensions and higher global interest rates continue ...
HoYoFest 2024 Returns To Singapore In Aug As Standalone Event With Exclusive Merch
HoYoFest 2024 will be making a stop in Southeast Asia, celebrating its return to Singapore with a standalone event from 12 to 18 August.
SM INVESTMENTS LISTS USD 500 MILLION DEBT NOTES ON SINGAPORE EXCHANGE
SM Investments Corporation (SM Investments) successfully priced a USD 500 million drawdown from its USD 3 billion multi-issuer Euro Medium-Term Notes (EMTN) program established in May this year. The ...
Singapore men divided on whether they would give birth instead of their wives, if they are able to
Interestingly, several men bravely said that they would, saying that it’s their instinct as husbands “to take on the pain for their families.” ...
Cut-off yield on latest Singapore 6-month T-bill falls to 3.64%
THE cut-off yield on the latest Singapore six-month Treasury bill (T-bill) fell to 3.64 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday (Jul 18). This ...
Standard Chartered boosts private bank team with 14 new hires
Standard Chartered has hired more than a dozen new bankers to its private banking teams in Singapore, Hong Kong and the United Arab Emirates in a bid to grow the affluent business, a bank statement ...
75 low-income families get cash with no strings attached as part of trial for assistance programme
Exhausted and hopeless was how Irawati began 2022 as the then jobless mother struggled to put food on the table. Her husband's income as a delivery rider was unstable, and she was often disappointed ...
No major negative surprises expected in 2QFY2024, RHB lifts DBS’s TP to $41.20
Analysts at RHB Bank Singapore have maintained “buy” and increased their target price on DBS to $41.20 from $38.90 previously following a recent meeting with the bank’s management. In their July 18 ...
Singapore man threatened to kill pregnant wife when she wanted to travel without him, gets jail for criminal intimidation
Angry after his wife informed him of her plans to see her mother in Sri Lanka without him, a man threatened her, demanding she get an abortion, or he ...