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Posted on 27/11/2024

Singapore households should remain prudent amid global risks: MAS

Households have strong financial buffers but should be careful given the heightened geopolitical uncertainties and trade tensions, MAS said in its annual financial stability review. ( read original story ...)

Posted on 27/11/2024

Financial institutions, companies in Singapore have enough buffer to weather shocks: MAS

COMPANIES and financial institutions in Singapore have enough buffers to manage shocks to their incomes and financing costs as their strong balance sheets can help them cope with higher borrowing ... ( read original story ...)

Posted on 27/11/2024

SMU and DBS Offer New Course to Equip Leaders for Sustainable Finance Challenges

Singapore Management University ( SMU) and DBS have partnered to launch the “Sustainable Finance in Action” course. This new programme designed to equip senior executives with the knowledge and skills ...

Posted on 27/11/2024

MGen’s PacificLight allots $900 million, to bid for 600-MW Singapore plant

PacificLight Power Pte. Ltd., controlled by Meralco PowerGen Corp. (MGen), plans to spend around $900 million to double its capacity, aiming to be a leading energy supplier here in the island country.

Posted on 27/11/2024

S$1.5b nickel investment fraud case: Man lived lavishly on gains from scheme he masterminded, prosecution says

(Photo: Reuters/Edgar Su) SINGAPORE: Alleged fraudster Ng Yu Zhi "lived lavishly" on the criminal proceeds from the S$1.5 billion (US$1.1 billion) nickel investment scheme he masterminded, prosecutors ...

Posted on 27/11/2024

Singapore Shares: Support Expected At 3,700 Points

The Singapore stock market has moved lower in back-to-back sessions, dropping almost 35 points or 0.9 percent along the way. The ...

Posted on 27/11/2024

Singapore Trader Pleads Not Guilty to $1.1 Billion Fraud

An ex-accountant accused of running a billion-dollar nickel scam that rocked Singapore’s business community pleaded not guilty on Tuesday to 42 charges including fraud and money laundering.Prosecutors ...

Posted on 27/11/2024

Singapore Prosecutors Say Trader Took $360 Million in Metal Scam

A Singapore businessman who convinced investors to put a total of S$1.5 billion ($1.1 billion) into a nickel trading scheme channeled a third of that into his own accounts, prosecutors said at the ...

Posted on 27/11/2024

Singapore’s MAS Warns of Rising Trade and Geopolitical Tensions

Singapore’s central bank warned of global monetary policy uncertainty in the face of increased trade friction and geopolitical wrangling.

Posted on 27/11/2024

Bus services affected by StanChart marathon this weekend

Twenty-seven SBS Transit bus services will be affected by lane/road closures for the Standard Chartered Singapore Marathon on Nov 30 and Dec 1. On Nov 30, bus services 10, 11, 14, 16/16M, 31, 32, 33, ...

Posted on 27/11/2024

Trump’s victory could make life harder for Hong Kong—and that may be good news for Singapore’s banks

Banks like Singapore's OCBC are poised to gain from Chinese investment into Southeast Asia—now potentially supercharged by a new Trump trade war.

Posted on 27/11/2024

Business in SG looking to hire head of AI, proper frameworks still a barrier

Business leaders capable of effectively tracking and measuring the impact of AI are much more likely to see tangible business benefits emerge on both company and employee levels. However, measuring ...

Posted on 27/11/2024

Singapore’s PAP goes from ‘faceless monolith’ to the forefront of activism

Prime Minister Lawrence Wong pushes for more direct engagement with Singaporeans to address changing electoral landscape and voter expectations.

Posted on 27/11/2024

Trial opens in S$1.5 billion nickel investment fraud case against Envy Global’s ex-director

The prosecution accused Ng Yu Zhi's defence team of time-wasting after his lawyers made an "eleventh hour" application to the court.

Posted on 27/11/2024

Break it Down: Orthocell takes next leap into Singapore sales

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds. In this episode, host Sarah Hughan tells all on Orthocell’s (ASX:OCC) medical device sales in Singapore on the ...

Posted on 27/11/2024

Singapore-listed Dow ETF offers local investors a gateway to US stocks, say panellists

Wong: It’s the same. So if you buy anything that is listed in the US, be it an ETF or a stock, whenever it pays dividends, an investor in Singapore will get hit by a 30 per cent withholding tax.

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