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Posted on 23/03/2023

Contagion fears spread, but impact of banking crisis on Asia largely contained

As far as he knows, there has been no data or evidence to suggest that any bank in Asia-Pacific is at risk of a collapse. It is a sentiment shared by others in the region. Singapore-based Sue Trinh, ...

Posted on 23/03/2023

Nearly Half of Singapore Businesses Call for Improved Fintech Solutions to Offset Current Economic Headwinds, Shows Rapyd Report

41% of global organizations believe that international business expansion is imperative to ease their current trading concerns. In Singapore, 48% believe better fintech solutions and faster ...

Posted on 23/03/2023

I went on an EDM cruise from Singapore and only hung out with Sima Aunty from Indian Matchmaking

It’s The Ship is a two-days-and-two-nights long event featuring a line-up of regional and international DJs – basically it's a 24-hour club.

Posted on 23/03/2023

UPDATE 1-Singapore to follow “hierarchy of claims” in liquidating financial institutions

March 22 (Reuters) - Singapore’s central bank said it will abide by the hierarchy of claims while liquidating a financial institution where shareholders will be the first to absorb losses before ...

Posted on 23/03/2023

OCBC’s Vasu Menon expects US Fed to raise rates by 25 bps; ‘banking crisis’ does not spell ‘gloom and doom’

"In a nutshell – be nimble, stay defensive, focus on quality, and invest carefully and gradually with a mid to long-term view." ...

Posted on 23/03/2023

Singapore at-sea deployment of F-35Bs can overcome airfield dependency

Singapore could potentially deploy F-35Bs from its Joint Multi-Mission Ship to overcome airfield dependency and improve air defence as part of its apparent new security strategy. After comprehensive ...

Posted on 23/03/2023

Brave Singapore motorcyclist challenges himself to ride through cemetery to ‘experience jasmine smell’ (Video)

A motorcyclist has challenged himself to survive driving through dark roads at a supernatural hotspot recently.

Posted on 22/03/2023

CGS-CIMB Sticks to Their Buy Rating for OCBC (OVCHF)

CGS-CIMB analyst Andrea Choong maintained a Buy rating on OCBC (OVCHF – Research Report) yesterday and set a price target of S$13.50. The ...

Posted on 22/03/2023

UOB (UOVEF) Receives a Buy from CGS-CIMB

In a report released yesterday, Andrea Choong from CGS-CIMB maintained a Buy rating on UOB (UOVEF – Research Report), with a price target ...

Posted on 22/03/2023

Singapore stocks extend gains on Wednesday, with STI up 1.5%

All 30 STI constituents registered gains; Mapletree Pan Asia Commercial Trust is the biggest winner among the blue chips. Read more at straitstimes.com.

Posted on 22/03/2023

Muslims in Singapore to mark start of Ramadan on Mar 23

SINGAPORE: Muslims in Singapore will mark the start of the holy month of Ramadan on Thursday (Mar 23).  The holy month begins with a sighting of the new moon based on the Islamic lunar calendar, after ...

Posted on 22/03/2023

Stock Market Live: Sensex and Nifty 50 likely to open with gains, Asian indices in the green

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open higher trading global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading 25.5 points ...

Posted on 22/03/2023

The Singapore economic miracle and what we can learn from it

For economists, anthropologists, sociologists, and political scientists, Singapore represents a veritable laboratory of conundrums waiting to be analysed. In the pre-colonial era, this island of marsh ...

Posted on 22/03/2023

Banks to share information voluntarily in initial phase of proposed platform to fight money laundering

SINGAPORE – Banks that agree to share details of customers ... The six banks – DBS, OCBC, UOB, Standard Chartered, Citibank and HSBC – will be first to use Cosmic, which aims to thwart financial ...

Posted on 22/03/2023

Singapore to host Asian Water Polo Championships from 22-27 March

Singapore is currently hosting the Asian Water Polo Championships from 22 Mar to 27 Mar at the OCBC Aquatic Centre at the Singapore Sports Hub, with Asian powerhouse ...

Posted on 22/03/2023

Crypto Firms Turn To Swiss Banks After Silvergate Capital, Signature Bank Collapse

noting that the bank's location in Switzerland and Singapore is attractive to companies. Castley further revealed that interests are "mainly coming from investors, asset managers and blockchain ...

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