Tag: banking

SINGAPORE (Reuters) - Singapore's proposed plan to tax greenhouse gas emissions would likely hit oil refiners hard, ramping up costs in an industry that has been central to the city-state's rapid development over the last half-century. Monday's ... ( read original story ...)

(Bloomberg) -- As Singapore’s stock market continues to rally, an often overlooked sector is getting a boost. The city-state’s listed restaurants have outperformed regional and global peers as dining out drives shares higher. These companies may be ... ( read original story ...)

First, there’s the possible introduction of dual class share structures for companies listed in Singapore’s stock market. Then, we’d move on to the latest growth numbers for Singapore’s economy. A possible introduction of dual share classes in ... ( read original story ...)

A popular ETF-like investment is designed to protect against portfolio losses in the event of a stock market crash. But most investors have no idea that holding this Exchange Traded Note (ETN) is likely to cost them more money than any market crash ever could. ( read original story ...)

Presenting the annual budget statement in Parliament on Monday, Finance Minister Heng Swee Keat said Singapore must take "decisive action" to position the country amid such "deep shifts" in the global economic environment. Outlining the government's ... ( read original story ...)

Following the Singapore Budget live can be difficult, especially for those of you who are stuck in the office rushing out some work deadlines for your uncompromising boss. At the same time, not all announcements would be relevant to you, the average ... ( read original story ...)

Singapore’s Finance Minister Heng Swee Keat outlined a set of targeted measures in his budget speech to help the struggling oil industry and spur construction. The government will bring forward S$700 million ($494 million) worth of infrastructure ... ( read original story ...)

Singapore’s effort to score the 2018 listing of state oil giant Saudi Aramco – expected to be the world’s biggest initial public offering – is the latest show of its ambition to develop an elite global exchange, but analysts say a lack of liquidity ... ( read original story ...)

(Photo by Suhaimi Abdullah/Getty Images) Singapore Finance Minister Heng Swee Keat is to deliver his second Budget Statement in Parliament today (Monday, 20 Feb) at 3:30pm. The budget for fiscal year 2017, which starts from April to March, will address the ... ( read original story ...)

Singapore's three finance companies are sleepy no more. The prices of all three rocketed as much as 32 per cent the past two days from Monday after the Monetary Authority of Singapore said it was relaxing rules on finance companies to spur them to ... ( read original story ...)

The Monetary Authority of Singapore (MAS) has opted to relax current rules regarding how finance companies provide loans to SMEs and startups. At the moment, a finance company faces a cap of 10% of capital funds for total uncollateralised lending ... ( read original story ...)

Singapore's trade-driven economy rose faster than thought in 2016 but concerns over a "lack of clarity" on US President Donald Trump's policies could hit growth this year, the government said Friday. The economy expanded 2.0 percent in 2016, powered by a ... ( read original story ...)

Hong Kong and Singapore are at it again. The Asian financial hub rivals are reviving a debate on dual-class shares as global competition for the hottest initial public offerings intensifies. Singapore is a few steps ahead. Prime Minister Lee Hsien Loong ... ( read original story ...)