(Bloomberg) — Singapore’s regulator is working with banks to hash ... The work by the group wouldn’t be focused just on the wealth business, but cuts across the banking sector, the people said. Their ...
Number of millionaires in Singapore soars past 333,000 in 2023
SINGAPORE - The number of millionaires in Singapore rose to 333,204 in 2023. This was about 0.4 per cent more than the figure of 332,000 in 2022. Conversely, the worldwide tally shrank to 58 million ... ( read original story ...)
Singapore boxship waiting times cut to ‘two days or less’, claims PSA
Since the start of 2024, PSA said it has faced strong berth demand as well as off-schedule vessel arrivals, resulting in high concentrations of vessels arriving during certain days of the week, ...
Malaysia says near Singapore deal for special economic zone
Malaysia said it’s near a deal with Singapore to develop Southeast Asia’s first cross-border special economic zone, which the countries hope will lure new investment and spur growth.
Singapore’s Stock Rally Likely to Extend as Dividend Plays Shine
Singapore stocks’ best rally in years may have legs as potential US interest-rate cuts burnish the appeal of the high-yielding market.
DBS Bank, JP Morgan ranked as best bank employers in Singapore in survey
The research included a wide range of factors contributing to employers’ appeal to candidates. Read more at straitstimes.com.
SMEs’ broad turnaround paves way for Singapore GDP growth to be around 3% in Q2: OCBC
The OCBC SME Index posted its first expansion at 50.2 points after shrinking for the five previous quarters. Read more at straitstimes.com.
Singapore SMEs in expansionary mode after five straight quarters of contraction: OCBC
SINGAPORE’S small and medium-sized enterprises (SMEs) saw a turnaround in the second quarter, entering expansionary territory after five straight quarters of contraction, according to OCBC’s quarterly ...
Singapore’s hell theme park featuring Chinese folklore is dead serious about the afterlife
But at Hell's Museum in Singapore, the main attraction at the Haw Par Villa park, visitors are welcomed to a kitschy, air-conditioned hell on Earth. Inside the sprawling park complex with more than ...
Banks in Singapore Expected to Boost Resilience Against Phishing Scams, Fraudulent Activities
“making it harder for scammers to fraudulently access a customer’s account and funds without the customer’s explicit authorization using his mobile device.” Phishing scams remain a concern in ...
Open interest in currency derivatives up 44% in Singapore after RBI’s new norms
The aggregate open interest currency derivatives contract on the Singapore Exchange have risen around 44 percent after the Reserve Bank of India’s (RBI) new norms kicked in on May 3. Experts attribute the sharp increase as a reaction to the Indian banking regulator asking participants to have valid underlying contracted exposure that has not been hedged ...
Singapore’s sophistication, Johor’s cheaper cost create ‘best of both worlds’ for SEZ between both sides: Rafizi
Both Malaysia and Singapore are significant players and partners in the semiconductor ecosystem, and the JS-SEZ will strengthen both countries’ position in the electrical and electronics sector, UOB ...
Singapore Film Festival Unveils Documentary and Short Film Grant Recipients
The Singapore International Film Festival unveils the recipients of its documentary and short film grant schemes.
NSE’s loss, Singapore’s gain: Rupee volumes on SGX surge as FII leave in hordes
The market's fears about the impact of RBI's decision to restrict the use of exchange-traded currency derivatives for hedging appear to have come true. Investors are ditching NSE in favour of the ...
3 Singapore Dividend Stocks That Can Supply You with Dependable Retirement Income
If you are looking for a reliable source of dividend income, these three stocks could be the ones for you. The post 3 Singapore Dividend Stocks That Can Supply You with Dependable Retirement Income ...
Crypto payments regulation: Time for a Singaporean approach?
Singapore’s Payment Services Act has introduced robust regulatory standards for digital payment services, ensuring consumer protection while fostering an innovative crypto ecosystem. The Singapore ...