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Posted on 17/05/2023

HSBC targets Asia returns in ‘mid-teens’ amid Ping An pressure

HSBC Holdings said it is targeting return on tangible equity for its Asia business that’s in the “mid-teens”, amid pressure from its top shareholder to improve returns. Read more at The Business Times ...

Posted on 17/05/2023

Ripple’s XRP Bucks Crypto Gloom After Latest Court Twist Sparks 8% Jump

XRP, the native token of Ripple Labs Inc.’s blockchain ecosystem, jumped the most in about seven weeks after investors interpreted a court ruling as favorable for the crypto payments company.

Posted on 17/05/2023

MAYBANK CUTS SINGAPORE’S NON-OIL EXPORTS FORECAST, SEES POSSIBLE TECHNICAL RECESSION

Maybank Research of Singapore has downgraded its 2023 non-oil domestic exports (NODX) forecast for the republic to between -9.0 per cent and -6.0 per cent from -7.0 per cent to -4.0 per cent, “given ...

Posted on 17/05/2023

Singapore e-commerce generated $2b of Singapore’s GDP in 2022: report

The country ranked amongst the top 20 most entrepreneurial countries. Singapore's e-commerce entrepreneurs contributed nearly $2b to the country's gross domestic product (GDP), and $1.18b in exports ...

Posted on 17/05/2023

Public Bank launches cross-border QR payments to Singapore

Merchants and individuals can exchange payments to and from either country. Public Bank, through its new mobile app feature PB Engage, has enabled customers to make instant QR payments for retail ...

Posted on 17/05/2023

Are Major Banks in Singapore Realising Their Digital Transformation Agendas?

How are DBS, UOB, and OCBC banks pursuing their digital transformation goals in Singapore to stay ahead of fintech competition?

Posted on 17/05/2023

Seize New Opportunities, Seek New Cooperation: The New development of digital economy in Zhejiang and Singapore

During the forum, the Zhejiang Pilot Free Trade Zone Enterprise Innovation and Development Alliance was officially established. It aims to implement the strategy of upgrading the pilot free trade zone ...

Posted on 17/05/2023

SA, Singapore collaborate on ICT, skills enhancement

The nations sign memorandums of understanding during Singapore prime minister Lee Hsien Loong’s official state visit to SA.

Posted on 17/05/2023

Singapore has the highest stamp duty rates for foreign residential property buyers

According to a study by Savills, Singapore ranks highest in the world for total stamp duty rates for a foreigner looking to buy a residential property, clocking in at about 64 per cent* of the selling ...

Posted on 17/05/2023

Singapore-Based Y Combinator Graduate Raises $6.6 Million To Expand Its ‘Growth Capital As A Service’

Singapore-based fintech startup Jenfi announced Tuesday it raised $6.6 million in a pre-Series B funding round led by Headline Asia, the regional arm of global venture capital firm Headline, best known for its investments in dating app Bumble and luxury e ...

Posted on 17/05/2023

No Singapore Airlines group A320neos with Pratt engines grounded – exec

None of the Airbus A320neo planes in the Singapore Airlines group with Pratt & Whitney engines are currently grounded over a lack of spares, Leslie Thng, CEO of Scoot, the airline's low-cost subsidiary,

Posted on 17/05/2023

Coinbase Singapore Unveils No-Fees on USDC Trading Among Slew of Product Updates

Coinbase will be introducing no-fee USDC purchases with SGD among a slew of updates to its products for its Singaporean customers.

Posted on 17/05/2023

Shop over 350 brands and exclusive offers at Singapore’s largest Consumer Electronics Extravaganza

Leading I.T electronics brands such as HP, ASUS, Dell, Lenovo, Microsoft, Prism+, MSI, Xiaomi and more will converge at CEE (Consumer Electronics Exhibition), one of Singapore's largest consumer ...

Posted on 17/05/2023

Singapore’s Jewels: 20 small-cap companies that investors should pay attention to

Investors looking for Singapore-listed companies to invest in should consider the Lion City’s “20 jewels,” according to RHB. “Jewels” are small-cap companies which have a market capitalisation range ...

Posted on 17/05/2023

Singapore hangs 2nd citizen in 3 weeks for trafficking cannabis despite calls to halt executions

Singapore on Wednesday hanged another citizen for trafficking cannabis, the second in three weeks, as it clung firmly to the death penalty despite growing calls for the city-state to halt drug-related executions.

Posted on 17/05/2023

Trust Bank Rolls Out Supplementary Credit Card With Instant Issuance

Trust Bank launched its supplementary credit card where the application is fully digital and will be issued instantly to its customers.

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