Tag: banking

The Singapore stock market has moved higher in back-to-back trading days, gathering more than 85 points or 2.4 percent along the way. The Straits Times Index now rests just beneath the 3,490-point plateau although the market may spin its wheels on Tuesday. ( read original story ...)

"While over 80% of firms listed on the Tokyo Stock Exchange's First ... advantage of that for bigger market shares and new products. We are encouraged by this as a global investor." GIC was established in 1981 to manage Singapore's foreign reserves. ( read original story ...)

Singapore registered fintech startup AND Global today announces the upcoming initial public offering (IPO) of its Mongolian subsidiary LendMN, a smartphone-based instant lending service provider. The IPO will launch on February 20, 2018 on the Mongolian ... ( read original story ...)

Singapore registered fintech startup AND Global today announces the upcoming initial public offering (IPO) of its Mongolian subsidiary LendMN, a smartphone-based instant lending service provider. The IPO will launch on February 20, 2018 on the Mongolian ... ( read original story ...)

SINGAPORE - Finance Minister Heng Swee Keat presented this year's Budget in Parliament on Monday (Feb 19), where he unveiled Singapore's plans in the face of three major shifts in the coming decade. These include a greater shift in global economic weight ... ( read original story ...)

Finance minister Heng Swee Kiat said the increase is to let the government have enough to meet the future needs, without burdening future generations. The GST hike will put inflationary pressure on Singapore. Depending on the price sensitivity of the ... ( read original story ...)

Following Budget 2018, Singapore finance minister Heng Swee Keat has revealed that goods and services tax (GST) will be implemented for digital services from overseas suppliers from 1 January 2020. "We do not expect either to occur every year; it is not a ... ( read original story ...)

And here are two REITs with exciting results this quarter. From Bloomberg Finance: Singapore’s tax increase on home purchases exceeding $1m (US$758,960) is aimed at making duties more equitable rather than imposing an additional property curb ... ( read original story ...)

This will help lower financing costs while ensuring Singapore does not draw directly on its reserves to fund major spending, Finance Minister Heng Swee Keat said. Statutory boards and government-owned companies are already using bonds to finance ... ( read original story ...)

On Monday, Singapore’s Finance Minister, Heng Swee Keat, delivered his much-awaited Budget statement. This year’s Budget was designed to be a “strategic and integrated plan to position Singapore for the future.” Within the plan are areas that could ... ( read original story ...)

Singapore has agreed not to cane a man accused of carrying out a rare bank robbery in the city state if Britain extradites him to face charges, officials said on Tuesday. David Roach, a Canadian citizen, is wanted in Singapore for allegedly stealing Sg$ ... ( read original story ...)

Aristotle For the past three years, I have had the privilege of watching the Singapore Budget while it’s being presented. This come as a perk/responsibility of writing at a finance website. And like all other writers covering the budget, I do my best to ... ( read original story ...)

SINGAPORE (Feb 19): The government is setting up a new Rail Infrastructure Fund to build major MRT lines in the future. It will inject an initial $5 billion in FY18 into the new fund. Finance Minister Heng Swee Keat said the initial injection of $5 billion ... ( read original story ...)