Economist at UOB Group Barnabas Gan assessed the advanced data for Singapore’s GDP. “Based on advance estimates by the Ministry of Trade and Industry, Singapore’s 4Q20 GDP contracted 3.8% y/y, ... ( read original story ...)
BMO Financial Group Enters Agreement to Sell Private Banking Business in Hong Kong and Singapore to J. Safra Sarasin Group
BMO Financial Group announced it has entered into an agreement to sell its Private Banking business in Hong Kong ... ( read original story ...)
Breakingviews – Tokopedia neatly channels Indonesia’s potential
Tokopedia is in demand. The company last valued at about $7.5 billion is the number two online shopping site in Indonesia behind $100 billion Singapore-based rival Sea. But the smaller rival stands ... ( read original story ...)
Stock Markets Live: SGX Nifty Indicates Gap-Down Open; HDFC, Bajaj Finance, Sun Pharma In Focus
Catch all live updates on share prices, index moves, corporate announcements and more from Indian stock markets today. ( read original story ...)
Renewed Selling Pressure Likely For Singapore Stock Market
The Singapore stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had gained almost 30 points or 1 percent. The Straits Times Index now sits ... ( read original story ...)
OCBC again cuts interest rates on flagship 360 savings account
OCBC will again lower the interest rates on its flagship savings account, marking its fourth round of revisions since May last year. From Feb 1, balances up to $25,000 in the OCBC 360 account will ... ( read original story ...)
S’pore banks expected to benefit from pickup in credit growth
A leading financial services firm has reiterated its "overweight" call on the local banking sector in anticipation of a pickup in business activity and credit growth this year on the back of ... ( read original story ...)
Citi to provide in-app lending with Grab
Citi, the largest pan-regional credit card issuer, and Grab, Southeast Asia’s leading super app, have expanded their partnership in consumer lending with the launch of the bank’s first API-enabled ... ( read original story ...)
Singapore: Industrial Production looks healthy – UOB
UOB Group’s Senior Economist Alvin Liew gives his opinion on the recent data releases in Singapore. Key Quotes “Singapore’s industrial production (IP) beats market expectati ... ( read original story ...)
Teenage Indian Student Wins Recognition in Singapore for Building 25 Million Dollar Tech Startup
The student said that he picked up coding at the age of 11 by spending hours watching YouTube tutorials and went on to jailbreak a cast-off iPhone 4, a gift from his mother, a business journalist. ( read original story ...)
Singapore banks to benefit from pick-up in credit growth this year: CGS-CIMB
CIMB has reiterated its "overweight" call on Singapore's banking sector in anticipation of a pickup in business activity and credit growth in 2021.. Read more at straitstimes.com. ( read original story ...)
Best short & long term endowment plans in Singapore (2021)
You need to be a DBS/POSB customer to apply ... LIC stands for the Life Insurance Corporation of Singapore. This is a relatively small player in Singapore’s insurance industry, but rest assured ... ( read original story ...)
Online shopping boosts Singapore’s cashless payments market
Seven in 10 consumers shopping online increased their use of digital payment methods. Singapore's digital payments have received a boost in the form of changes in consumers' shopping behaviors during ... ( read original story ...)
Mild Upside Predicted For Singapore Stock Market
Ahead of the long weekend break for New Year's day, the Singapore stock market had snapped the modest two-day winning streak in which it had gained almost 30 points or 1 percent. The Straits Times ... ( read original story ...)
Firms, employees in Singapore make good use of paid leave in a year of no travel
With leisure travel grinding to a halt amid the coronavirus pandemic in 2020, many employees in Singapore found themselves in the strange position - perhaps for the first time - of not having made ... ( read original story ...)
Looking back on 2020: The top 8 downsides to Covid-19 in Singapore
Singapore — No doubt about it, Covid-19 changed our lives completely last year, and the adjustments have not always been easy, based on the number and variety ... ( read original story ...)