Ahead of the Lunar New Year holiday, the Singapore stock market had moved lower in two straight sessions, slipping almost 10 points or 0.3 percent along the way. The Straits Times Index now sits just ... ( read original story ...)
Singapore-based DBS Bank plans to trim India branches in 2-3 years
The combined deposits of its Indian operations stood at SGD 9 billion and net advances were at SGD 5.6 billion at the end of December 2020 ... ( read original story ...)
Fifth Wall Launches First Proptech SPAC With $345M IPO
Fifth Wall held a $345 million IPO for Fifth Wall Acquisition Corp I, the first proptech-oriented special acquisition company (SPAC). ( read original story ...)
What Heng Swee Keat’s 2021 Singapore budget has in store for the city state’s coronavirus recovery
Heng Swee Keat is expected to avoid another draw on reserves, focusing on targeted spending, reskilling workers, and tapered support schemes. ( read original story ...)
Singapore Budget 2021: Stay updated with ST’s live coverage
SINGAPORE - This year's Budget, which will be announced by Deputy Prime Minister and Finance Minister Heng Swee Keat on Tuesday (Feb 16), comes as Singapore has spent about a year tackling the ... ( read original story ...)
Banks, Property Stocks Could be Losers From Singapore’s Budget
Equity investors expecting a big boost for Singapore’s benchmark index from its upcoming annual budget could be disappointed: heavyweight blue chips are unlikely to benefit from government largess. ( read original story ...)
Former Miss Universe S’pore contestant jailed 6 weeks for using friends’ debit cards to shop online
Miss Universe Singapore 2017 contestant, Ashley Rita Wong Kai Lin, was sentenced to six weeks' jail on Feb. 11 after she memorised two of her friends' debit card details and used them to spend over $2 ... ( read original story ...)
Monetary Authority of Singapore Requests Residents to use E-Hongbao, a Virtual Red Packet for Gifting During Lunar New Year
Monetary Authority of Singapore requests residents to use e-hongbao, a virtual red packet for gifting during Lunar New Year. ( read original story ...)
Singapore averted deeper economic recession with fine-tuned measures
As governments around the world moved to contain the coronavirus by imposing lockdowns and shutting businesses, the Ministry of Finance (MOF) had to quickly adjust last year's five Budgets. By ... ( read original story ...)
Private equity and Asia (2)
HAPPY Lunar New Year and Advanced Valentines to my readers! How do private equity or PE firms operate? Given their objective of profit, they have certain standard practices which are necessary for an ... ( read original story ...)
Singapore economy could have contracted 12.4% if not for COVID-19 Budget measures: MAS estimates | Video
Without the support measures rolled out by the Government to cushion the blow of the COVID-19 pandemic, the economy would likely have contracted by twice as much last year, according to a paper ... ( read original story ...)
Why Standard Chartered continues believing in banking with a cause
You may not be anywhere near the office water cooler right now, but we still want to spotlight the most talked about creative from the brands that should be on your radar. Today, we consider a new ... ( read original story ...)
River Hongbao festivities begin at Gardens by the Bay
Visitors on the opening day of the River Hongbao festivities were treated to a spectacle of lanterns and a lion dance exhibition to kick off Chinese New Year celebrations.. Read more at ... ( read original story ...)
Covid-19 Budget measures helped cushion recession’s impact, save jobs: Finance Ministry
The measures saved or created some 155,000 jobs over 2020 and 2021, and shaved the rise in unemployment rate.. Read more at straitstimes.com. ( read original story ...)
Singapore economy could have contracted 12.4% if not for COVID-19 Budget measures: MAS estimates
SINGAPORE: Without the support measures rolled out by the Government to cushion the blow of the COVID-19 pandemic, the economy would likely have ... ( read original story ...)
Budget measures continually fine-tuned to respond to evolving Covid-19 situation: Ministry of Finance report
SINGAPORE - As governments around the world moved to contain the coronavirus by imposing lockdowns and shuttering businesses, the Finance Ministry had to quickly adjust last year's five Budgets.. Read ... ( read original story ...)