THE cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.9 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday (Feb 13). Read more ...
Singapore ‘Election’ Budget to Take Aim at Rising Costs, Slowing Growth
ECONOMY: Singapore's economy finished 2024 on a high, but external headwinds--fueled by U.S.-instigated trade disputes--suggest that a key aim of the budget will be shoring up resilience.
DBS names new group COO, group audit head
Jimmy Ng, current group head of operations, will retire and become a senior advisor for AI. DBS has appointed a new group chief operating officer (COO) and group audit head. Derrick Goh will assume ...
DBS appoints Derrick Goh as group COO in newly created role
Singapore's largest bank DBS announced another spate of leadership changes in senior-level appointments on Wednesday (Feb 12), including a newly-created role of Group Chief Operating Officer (COO). The role will be taken on by Derrick Goh,
Life insurance sales in Singapore up nearly 20% to $5.9 billion in 2024
Sale of investment-linked plans jumped 41 per cent amid economic uncertainty and higher interest rates. Read more at straitstimes.com.
Singapore’s SMEs missing out on S$800m annually due to idle cash
Over 2 in 5 keep their cash idle in deposits and bank accounts. Singapore’s small and medium enterprises (SMEs) are estimated to be missing out S$800m annually by keeping cash idle in low-yield bank ...
Alberta Fund Shuts Singapore, New York Offices; Two Senior Executives Leave
Alberta Investment Management Corp. has decided to shutter its new offices in Singapore and New York as it retrenches from its global expansion plan.
Singapore Dollar Strengthens Amid Recovering Risk Appetite
The Singapore dollar strengthened against its U.S. counterpart in the Asian session, as risk appetite recovered alongside mild gains in U.S. stock-index futures.
Nearly 40% of Singapore investment professionals foresee improvement in private capital market
SINGAPORE: Singapore’s private capital market is poised for a potential upswing in 2024, with 38.5% of investment professionals expecting conditions to improve, according to a r ...
SMEs must expand overseas, invest in upskilling for long-term growth: DBS
EVEN as small and medium-sized enterprises (SMEs) grapple with rising business costs, they must continue to position themselves for long-term growth by expanding overseas and investing in upskilling, ...
Singapore shares open lower on Thursday; STI down 0.1%
SINGAPORE equities began Thursday (Feb 13) in negative territory, following mixed performance overnight in the US and Europe. Read more at The Business Times.
Singapore’s job market sees 11% decline as digitalisation and automation reshape hiring
SINGAPORE: Singapore’s job market has experienced an 11% drop in hiring over the past year, reflecting the ongoing shifts in workforce demand due to digitalisation, automation, ...
Temasek-Backed Cuscaden To Delist Singapore’s Paragon In Deal Valuing Shopping Mall REIT At $2.1 Billion
Cuscaden Peak Investments—backed by Singapore state-linked investor Temasek Holdings—is seeking to take Paragon REIT private in a deal valuing the shopping mall operator at $2.1 billion.
More than 100 job openings at Amazon Web Services as firm deepens investment in S’pore
AWS said its ongoing investment is expected to contribute around $23.7 billion to the country’s GDP. Read more at straitstimes.com.
Woelly William Shares Top Financial Management Strategies for Singapore’s Growing Businesses
In Singapore's fast-moving business world, managing money well is key for long-lasting growth. Woelly William a well-respected accountant in Singapore has helped many companies stay financially ...
Singapore companies see decline in anti-corruption disclosures, but matches Asean average: NUS Business School study
When it came to their disclosures on complying with relevant laws and their disclosures on their commitment to protecting whistleblowers against reprisal, Singapore companies scored 100% on both ...