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Posted on 24/02/2024

Singapore investigates money changer over suspected fraudulent trading

Samlit’s director and compliance manager have been placed under investigation as the scandal-hit the company seeks to discontinue its business.

Posted on 24/02/2024

Critics: ‘Singapore Washing’ of Chinese Companies Piles Dirty Laundry in City-state

Singapore has overtaken Hong Kong as Asia’s top financial center, while big tech companies – Alibaba, ByteDance and others – bring in investment ...

Posted on 24/02/2024

X0PA AI Opens New Centre of Excellence in Singapore to Drive Innovation in Artificial Intelligence, Engineering and Automation

The centre will focus on developing and delivering innovative technology solutions to its clients across various industries, as well as exploring and creating new possibilities for the futureSINGAPORE ...

Posted on 23/02/2024

Singapore’s Prepaid Card and Digital Wallet Sectors Predict Robust Growth by 2027: Q2 2023 Market Update

The financial landscape in Singapore is set to evolve significantly as the latest ... are enhancing customer experiences while reshaping financial interactions. Yahoo Finance ...

Posted on 23/02/2024

Singapore’s core inflation falls to 3.1% in January on smaller food and services price hikes

Core inflation is, however, expected to pick up in February, reflecting the effects of Chinese New Year spending.

Posted on 23/02/2024

Singapore core inflation eases to 3.1% in January, but February data may pick up on CNY effect

SINGAPORE (The Straits Times/ANN): Consumer prices have eased ... They added: “Thereafter, core inflation should resume a gradual moderating trend over the rest of the year as import cost pressures ...

Posted on 23/02/2024

SingLand H2 net profit rises 7% to $102.4 million on fair-value gain on investment properties

Earnings per share, including fair-value gain on investment properties, stood at 7.1 Singapore cents for the half year, up from 6.7 Singapore cents the previous year. Revenue for the half year rose 3 ...

Posted on 23/02/2024

Hot stock: Genting Singapore falls 9.7% on Friday after Q4 results disappoint

SHARES of Genting Singapore fell as much as 10.2 per cent on Friday (Feb 23), after the operator of Resorts World Sentosa reported disappointing fourth-quarter financials the day before. Read more at ...

Posted on 23/02/2024

Parliament debate on Singapore Budget 2024 to begin on Feb 26

SINGAPORE: Parliament will begin debating the Budget 2024 statement on Monday (Feb 26). It is expected to go on for at least two days before Deputy Prime Minister and Finance Minister Lawrence Wong ...

Posted on 23/02/2024

Record numbers at Singapore Airshow as post-COVID boom raises hopes

Record numbers attended the trade section of the first fully post-pandemic Singapore Airshow this week, with exhibitors and delegates optimistic about the aviation industry despite suppliers' ...

Posted on 23/02/2024

Our share price is ‘crap’, admits Standard Chartered boss

Standard Chartered is listed in London but offers consumer and commercial banking in the likes of China, Hong Kong and Singapore. Despite having no branches in the UK, it has sponsored Liverpool FC ...

Posted on 23/02/2024

T-bills in Singapore: What it is, how to buy and the latest cut-off yield (20 February 2024)

The latest six-month Treasury Bills (T-bills) that was issued on 20 February 2024 had a cut-off yield of 3.66 per cent per annum, and the cut-off price was 98.175.With a S$13.5 billion total amount ...

Posted on 23/02/2024

Singapore’s Inflation Slows Unexpectedly at Start of 2024 — Update

SINGAPORE--Singapore's inflation slowed in the first month ... it should resume its path of gradual moderation over the rest of the year "as import cost pressures continue to decline and tightness in ...

Posted on 23/02/2024

South Korea and Japan beef up military export trade, showcase defence capabilities at Singapore Airshow

SINGAPORE: South Korea and Japan have been moving to beef up their military export trade, with their intentions on display at the ongoing Singapore Airshow. South Korea is looking to be among the ...

Posted on 23/02/2024

Singapore stocks fall amid disappointing earnings, STI down 1.2%

Investors here ignored Wall Street’s heroics to focus on local corporates ... and they didn’t like what they saw. Disappointing results at Genting Singapore and Venture Corp helped send the Straits ...

Posted on 23/02/2024

StanChart CEO’s pay soars to $13.3 million, highest since 2015

SINGAPORE – Standard Chartered chief executive Bill Winters saw his total pay package rise 22 per cent in 2023. Winters’ total remuneration climbed to £7.8 million (S$13.3 million) last year, from ...

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