The MPFA highlighted that HSBC's actions “did not comply” with the Mandatory Provident Fund Schemes Ordinance's conduct requirements ...
P1-B moved from foreign banks to poll exec’s offshore accounts – Marcoleta
At least P1 billion worth of funds were transferred from different banks, including those based in South Korea, to 49 offshore accounts supposedly linked to a ...
DBS CEO says Trump will be open to cutting deals, which could suit China
SINGAPORE: DBS CEO Piyush Gupta said on Tuesday (Jul 9) that US presidential candidate Donald Trump, if he wins, would be open to cutting deals, which could suit China. Gupta, who made the comments in ...
Should I Refinance Now Or Hope Mortgage Rates in Singapore Drop in 2025?
Mortgage rates in Singapore have stabilised in 2024, after sharp spikes observed in the post-pandemic era. With the US Fed poised to cut rates four times in 2025, mortgage rates are expected to dip in ... ( read original story ...)
Singapore Exchange Has No Current Plans for Crypto Listings, CEO Says
The CEO of Singapore's primary bourse has said that current conditions are not ripe for the exchange to list any crypto products.
Singapore Exchange Ditches Bitcoin & Crypto ETF Listings, What’s Happening?
Singapore Exchange (SGX) currently has no plans to permit cryptocurrency listings, according to CEO Loh Boon Chye’s latest statement. This view ...
MALAYSIA FEST 2024 TO SHOWCASE LOCAL PRODUCTS IN SINGAPORE FROM JULY 25
The Malaysia Fest 2024 expo from July 25 to July 28 at the Singapore EXPO convention and exhibition centre will showcase a variety of Malaysian food, fashion, beauty and travel products. Federal ...
Singapore port congestion threatens to gum up global trade
Singapore is the world’s largest transshipment hub: the container port connects more than 600 ports from 123 countries and has an annual capacity of 50mn 20ft equivalent units, a measure of volume.
With The Stock Down 14% Year, Will Strong Singapore Business Drive LVS Stock Higher Post Q2?
Las Vegas Sands is expected to publish its Q2 2024 results around mid-July. We expect revenues to come in around $2.85 billion, about 11% higher than last year and..
Singapore stocks rally in tandem with most regional markets; STI closes 0.6% higher
SINGAPORE - The Straits Times Index (STI), cued by record-high closings on Wall Street overnight, rose 21.62 points or 0.6 per cent to 3,426.09 on July 9. The S&P 500 and Nasdaq closed 0.1 per cent ...
Investors shift to Singapore after Indian central bank’s curbs on local rupee futures
The jump in open interest on rupee/dollar currency futures on the Singapore Exchange indicates that investors are shifting their arbitrage and hedging activity to the city-state after the Indian ... ( read original story ...)
Rich Chinese return to Hong Kong as Singapore steps up regulatory oversight
Hong Kong has benefited from the reopening of its borders in 2023. The city has efficient connections to Shenzhen and the surrounding Greater Bay Area via its high speed rail line. That is attractive ...
Singapore banks to phase out use of OTP for customers using digital tokens
Major retail banks in Singapore will phase out the use of OTPs for account login for customers who are digital token users within the next three months. These include the three local banks: DBS Bank, ...
Why Lowest Mortgage Rates Are Not the Only Thing Homeowners in Singapore Should Focus On
Ben Goh, Team Lead – Mortgages, PropertyGuru Finance advises it is most important to focus on selecting a loan package that suits your needs. “All banks and lenders are under the purview of the ... ( read original story ...)
Are Singapore Rent Prices for HDB and Condos Finally Coming Down? (2024)
2023 saw a softening of the buoyant rental market. Our latest Singapore Property Market Report Q1 2024 shows that asking rents have stabilised and have been dipping slowly since Q1 2023. So begets the ... ( read original story ...)
Frasers Property secures $904 million sustainability-linked loan
SINGAPORE - Frasers Property’s wholly owned subsidiary, Frasers Property Treasury, has secured a dual-tranche, sustainability-linked loan aggregating $904 million. The group said on July 9 that ... ( read original story ...)