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Posted on 08/08/2023

Singapore affluent investors most optimistic in Asia despite global volatility: survey

Despite immense global market volatility, affluent investors in Singapore are the most optimistic in Asia, according to the Future of Wealth report commissioned by Bloomberg Media.

Posted on 08/08/2023

OCBC to offer same-day digital invoice financing to SMEs in tie-up with Sesami

SMALL and medium-sized enterprises (SMEs) that transact with the government using InvoiceNow on e-procurement platform Sesami will, from October, be able to receive same-day loan approvals through ...

Posted on 08/08/2023

Crypto firm Blockchain.com gets Singapore licence

The MAS licence will allow the firm to expand its services to global institutional and accredited investors. Read more at straitstimes.com.

Posted on 08/08/2023

Disgruntled Singapore man fined US$3,000 for padlocking ex-workmates inside old office after being fired

Vict Lim Siong Hock, 52, was fined nearly US$3,000 for wrongfully confining nine people inside his former workplace after being sacked.

Posted on 08/08/2023

Weekout (Aug 14): Ralph’s Coffee, Butcher’s Block X Braci, Pangium, Brango Productions, Singapore Night Festival, Hublot

This week, watch a play, visit the night festival, enjoy shopping and coffee, and partake in some four-hands dinners

Posted on 08/08/2023

Singapore’s political scandals could hurt, but not too much

No system is perfect. When you pride yourself on cleanliness, you need to deal with the blowback when stains appear. But by global benchmarks, the scandals that have caused embarrassment to the ...

Posted on 08/08/2023

“Why you hang Chelsea FC flag? This is not allowed in Singapore” — Netizen asks HDB resident after seeing football club’s flag hung below SG flag, days before NDP

SINGAPORE: A photo of a football club’s flag hung below a Singaporean flag on a housing block just days before Singapore’s National Day Parade has gone viral on Facebook. An online user took to social media on Wednesday (Aug 2) to share a photo at Yishun,

Posted on 08/08/2023

National Day campaigns and activations we loved in 2023

This National Day, POSB highlights Singapore’s tight-knit culture by reminding Singapore to acknowledge the neighbors and neighborhoods that make Singapore what it is today in a film titled ‘Just Next ...

Posted on 08/08/2023

DBS CEO Piyush Gupta sells $3.4 million worth of shares in bank

The shares were sold a day after DBS reported a record $2.69 billion in second quarter net profit. Read more at straitstimes.com.

Posted on 08/08/2023

Oil prices steady as China import decline offsets supply concerns

Oil prices were little changed on Tuesday after China reported a sharp monthly drop in imports in July, which reinforced demand fears, though that was offset by supply concerns from Saudi Arabian and ...

Posted on 08/08/2023

Analysts split on OCBC following 1HFY2023 results, with target prices ranging from $12.70 to $14.96

OCBC guides for the project revenue inflow in FY2023, FY2024 and FY2025 to be split at $500 million, $1 billion and $1.5 billion.

Posted on 08/08/2023

OCBC prices S$550 million perpetual capital securities at 4.5%

OCBC has priced S$550 million in perpetual capital securities at 4.5 per cent per annum, first callable in 2029. Read more at The Business Times.

Posted on 08/08/2023

Singapore banks look to wealth segment, interest margins growth after strong Q2 results

SINGAPORE’S local banks retained resilient results for the second quarter of 2023 as they continued to benefit from higher net interest income due to high interest rates. Read more at The Business ...

Posted on 08/08/2023

Blockchain.com scores payment license from Singapore central bank

Crypto exchange Blockchain.com has been granted a payments license from Singapore's central bank — the Monetary Authority of Singapore (MAS).

Posted on 08/08/2023

Can Hong Kong follow Singapore’s statutory master plan for development? Architect of island state says city can keep golf courses under such a blueprint

Liu Thai Ker, 85, ex-CEO of Singapore's Urban Redevelopment Authority, tells Post a plan based on population projection could set out land use for next half-century But critic says both jurisdictions ...

Posted on 08/08/2023

Singapore Stock Market May Build On Monday’s Gains

The Singapore stock market on Monday wrote a finish to the four-day losing streak in which it had dropped almost 80 points or 2.6 ...

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