GLOBAL ratings agency S&P said on Thursday (Dec 5) it has placed Singapore Post (SingPost) on CreditWatch negative, following a change in its future strategy and the sale of its Australian business.
NXP, TSMC Affilate Plan to Expand $8 Billion Singapore Plant
NXP Semiconductors NV and a Taiwan Semiconductor Manufacturing Co. affiliate are discussing an expansion of their $7.8 billion Singapore venture, recognizing a need to diversify chip production in ...
Hongkong Land Is Said to Weigh Sale of Singapore Developer MCL
Asian real estate group Hongkong Land Holdings Ltd. is considering selling its closely held property developer arm MCL Land Ltd., according to people with knowledge of the matter.
2 new e-payment methods launching in mid-2025 as Singapore phases out cheques
Users of retail and corporate cheques will have two new electronic payment methods as part of Singapore's move to phase out cheques. From mid-2025, they can use electronic deferred payment system EDP ...
Deadline for banks to cease processing corporate cheques extended to end-2026
Two new electronic deferred payment (EDP) systems to support corporate and individual cheque users will also be launched in mid-2025.
Best Fixed Deposit Rates in Singapore (Dec 2024)—Rates Up To 3.20%, Minimum Deposits From $500
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
Singapore’s media industry gets a boost with a new skills framework and apprenticeship programme
With these exciting developments, Singapore is positioning itself as a hub for innovation in media and entertainment. By equipping local talent with cutting-edge skills and offering them opportunities ...
Economists cautious on Hong Kong, Singapore growth next year
Growth in Hong Kong and Singapore for next year may come under pressure as Donald Trump returns to the White House armed with tariffs that may further slow China’s economy, according to the latest ...
Latest Singapore six-month T-bill cut-off yield slips to 3%
THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 3 per cent, auction results released by the Monetary Authority of Singapore on Thursday (Dec 5) showed. Read more at ...
Two more e-payment methods to launch in mid-2025 as Singapore phases out cheques
They will address need for post-dated payments and greater certainty of payment. Read more at straitstimes.com.
New finance target in COP29 outcome could help developing countries set stronger targets, says Singapore minister
The new climate finance target agreed upon at the UN climate conference COP29 will provide developing countries with capital to implement their green plans, and could help them set more ambitious ...
Praemia REIM Is Said to Consider Singapore Health-Care REIT IPO
France’s Praemia REIM is considering listing a health-care real estate investment trust in Singapore, according to people familiar with the matter, adding to a slew of potential deals that could ...
HSBC Global Insurance CEO warns Hong Kong: Strengthen talent and digital infrastructure or fall behind Singapore and Dubai
In the latest report of Yahoo Finance, Edward Moncreiffe, CEO of Global Insurance at HSBC, emphasized that Hong Kong must focus on enhancing its physical and digital infrastructure, regulatory ...
POSB partners Mandai Wildlife Group for financial literacy efforts
POSB inked a multi-year partnership with Mandai Wildlife Group to boost financial literacy efforts among children and families. Read more at The Business Times.
Bitcoin Exceeds $100,000 on Trump’s Pro-Crypto Pick for the SEC
President-elect Donald Trump’s pick of a crypto proponent to be the next head of the US securities regulator lifted Bitcoin to a record $100,000 as traders warmed to the prospect of relaxed ...
Independent Reserve Opens Singapore Office
Independent Reserve, an Australian-based crypto exchange, has opened a new office in the Central Business District in.