Malaysia's biggest lender by assets, Malayan Banking Bhd (Maybank) , launched an Islamic wealth management regional offshore hub in Singapore on Monday.
From SIBOR to SORA: What you should know about the upcoming change in home loan interest rate benchmarks
The Singapore Overnight Rate Average (SORA) will soon replace the Singapore Interbank Offered Rate (SIBOR) – what does this mean for your mortgage? ( read original story ...)
Daily Cuts – A para-athlete’s marathon journey
The Standard Chartered Singapore Marathon is back next week and Arnold Gay and Susan Ng speak with Zac Leow about his upcoming attempt at the Guinness World Record for this!
Singapore stocks slip on Monday even as most regional markets gain
SINGAPORE stocks closed lower on Monday (Nov 20), bucking a regional trend where most markets ended positive. Read more at The Business Times.
Establishing a family office in Singapore will now take as long as 18 months: FT
Wealthy investors looking to establish a family office in Singapore will now face up to an 18-month wait amid stricter regulations. The Republic, on Oct 3, said that it was looking into single family ...
Singapore’s Digital Money Revolution: Wholesale CBDC Takes Center Stage
The Monetary Authority of Singapore has unveiled a digital money strategy focusing on wholesale CBDC, tokenized bank liabilities, and regulated stablecoins, excluding retail CBDC. Local banks OCBC and ...
Interview with Citibank CEO – Citibank CEO Jane Fraser discusses overhaul in exclusive interview with CNA
Citigroup's recently-announced overhaul is taking shape. The broad aim, trim down the bureaucracy for a more nimble, client-focused institution. While the strategy is in place, investors are yet to ...
Van Thinh Phat chairwoman manipulates lender SCB in $44B scam
Truong My Lan, chairwoman of disgraced property developer Van Thinh Phat, allegedly committed a VND1-quadrillion (US$44 billion) scam using lender SCB over 10 years.
Singapore trade grows 0.3% in October
Exports rose by 2.8% whilst imports declined by 2.3%. Singapore recorded a marginal 0.3% trade growth year-on-year in October 2023, following a 12.5% decline in the previous month, according to data ...
Amazon Singapore’s Black Friday sale: Bose, Ninja and more electronic deals
Here are some of the top electronics deals from Bose, Samsung and more you can find on Amazon this Black Friday.
Winking Studios opens 2.5% above IPO price at 20.5 cents
SINGAPORE - Shares of Winking Studios began trading a20.5 cents on the Catalist board of the Singapore Exchange (SGX) on Monday. This is 2.5 per cent above its initial public offering (IPO) price of ...
Interview with Citibank CEO
Citigroup's recently-announced overhaul is taking shape. The broad aim, trim down the bureaucracy for a more nimble, client-focused institution. While the strategy is in place, investors are yet to ...
Man and teenager charged with conspiring to rob S$81,000 after victim tried to trade cash for crypto
SINGAPORE: A man and a teenager were charged in court on Monday (Nov 20) with conspiring to rob a man who tried to use S$81,060 in cash to trade for crypto tokens. Firdaus Muhammad ...
Crypto Cash Clash: Man narrowly hangs on to S$81K in attempted robbery in Singapore
A 33-year-old man has found himself in a financial fiasco after attempting to trade crypto tokens for cold, hard cash. Little did he know, his rendezvous with a mysterious Telegram stranger would soon ...
How Generative AI can be both a security friend and foe to businesses in Singapore
Generative AI can be a force multiplayer to help you stay one step ahead of adversaries in the cyber arms race.
Lessons from Singapore
Singapore’s impressive GDP per capita growth has led to it soaring from $3,611 in 1960 to an impressive $67,359 in 2022. In 1960, Singapore had a GDP per capita that was 9.7 times that of Pakistan, ...