The team estimates that the implied value for Nikko AM Singapore STI ETF is $3.69 and $3.73 for the SPDR Straits Times Index ETF.
MAS to review extension of brief ban on non-bank, non-card remittances to China
MAS will decide before end March whether to extend the suspension beyond March 31. Read more at straitstimes.com.
Singapore Asks China For Information on Frozen Remittances
Read More: Singapore Regulator Halts Some Remittance Routes to China Singapore’s regulator last month ordered remittance companies in the city-state to halt the use of non-bank and non-card channels ...
OCBC prices $450 mil perpetual capital securities first callable in 2029
Oversea-Chinese Banking Corporation (OCBC) has priced $450 million worth of perpetual capital securities under its US$30 billion ($39.95 billion) global medium term note programme.
Singapore SMEs launch new products at consumer tech fair in Las Vegas
FROM smart gloves to a blood sugar monitor, technological innovations by 13 Singapore companies are on show at the Consumer Electronics Show (CES) 2024 in Las Vegas, which began on Tuesday (Jan 9).
Singapore’s Indian-origin army man pleads guilty for attempting to have sex with minor
There is a gag order on the identity of the girl, who is now 17. He had tried to have sex with her when she was 15.
Singapore government defers 2023 ministerial salary review, citing ‘other pressing issues’, will review framework and benchmark ‘in due course’
SINGAPORE— The review of salaries for political office holders, originally scheduled for 2023, was deferred by the government due to what the Minister-in-charge of the Public Service Chan Chun Sing ...
Singapore shares decline at Wednesday’s open; STI down 0.4%
SINGAPORE stocks opened weaker on Wednesday (Jan 10) following overnight losses on Wall Street, as weak US trade data weighed on investor sentiment. Read more at The Business Times.
OCBC prices S$450 million in 4.05% perpetual capital securities, first callable in 2029
OCBC has priced S$450 million in perpetual capital securities at 4.05 per cent under its US$30 billion global medium-term note programme. Read more at The Business Times.
Crypto Custodian BitGo Wins In-Principle Approval as Major Payments Institution in Singapore
BitGo was also recently named by Hashdex as the custodian in its application to become an issuer of a spot exchange-traded fund.
Crypto wallet firm BitGo gets Singapore regulator nod
Once it gets its full licence from MAS, the firm plans to expand its offerings to institutional clients. Read more at straitstimes.com.
BitGo obtains in-principle approval in Singapore for digital asset license
California-based crypto custody business BitGo said it views Singapore as an important hub for crypto innovation.
Share Prices of These 5 Singapore REITs Increased in 2023: Can Their Run Continue?
thereby mitigating a sharp rise in finance costs for 2024. Frasers Centrepoint Trust, or FCT, is a retail REIT with a portfolio of nine suburban retail malls and an office building in Singapore. FCT’s ...
Singapore may finally allow cats in public housing
Singaporeans living in public housing may soon be legally allowed to keep a maximum of two pet cats under a new policy. About the policy: On Dec. 2, Senior Minister of State for National Development ...
McKinsey sees Singapore’s manufacturing constrained, services resilient
Advanced estimates showed GDP grew 1.2% in 2023. Even after growing faster than expected last year, Singapore’s economy may continue to face challenges with a sluggish global demand threatening its ...
Singapore’s Keppel signs power supply deal with chipmaker GlobalFoundries
Global asset manager Keppel's infrastructure unit will supply electricity to the Singapore operations of the U.S.-based contract chipmaker GlobalFoundries under a multi-year power purchase agreement, ...