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Tag: banking

Posted on 24/03/2025

Singapore core inflation falls further to 0.6% in February, lowest since June 2021

Prices fell for two categories of items – electricity and gas, and retail and other goods. Read more at straitstimes.com.

Posted on 24/03/2025

Chocolate Finance Says All Withdrawals From 10–18 March Have Been Paid Out

Singapore-based Chocolate Finance said it has completed processing all withdrawal requests submitted between 10 and 18 March.

Posted on 24/03/2025

JP Morgan prefers DBS, downgrades UOB to neutral

JP Morgan downgrades UOB to neutral, prefers DBS for its yield, cautious on Indonesia, but more positive on Thailand ...

Posted on 24/03/2025

Banking Circle’s BC Payments Gets In-Principle Nod for Payment License

BC Payments has received in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution (MPI) license.

Posted on 24/03/2025

Stocks to watch: UOB, SIA, Nio, Starhill Global Reit

SINGAPORE] The following companies saw new developments that may affect trading of its securities on Monday (Mar 24). Read more at The Business Times.

Posted on 24/03/2025

SGX delistings: The inevitable shift in an evolving market

Over in the United Kingdom, the London Stock Exchange saw 88 delistings in 2024 versus only 18 new entrants, the most significant net outflow of firms since the US sub-prime crisis of 2008. According ...

Posted on 24/03/2025

Temasek-backed 65 Equity Partners sees global firms as possible source for IPO pipeline

SINGAPORE] Compared with stock exchange peers in South-east Asia, Singapore is an attractive listing destination for global firms, and does not solely depend on domestic companies for initial public ...

Posted on 23/03/2025

UOB CEO’s pay drops 5.5% in 2024 despite record profit

SINGAPORE: UOB deputy chairman and CEO Wee Ee Cheong’s total pay for 2024 dropped by 5.5% to S$15 million, even though the bank posted a 5.8% increase in net ...

Posted on 23/03/2025

10 best savings account in Singapore with the highest interest rates (March 2025)

Savings accounts have a simple premise, but often come with complex mechanisms for you to earn bonus interest. When you open a savings account with a bank, you deposit money into it and let that money ...

Posted on 23/03/2025

OCBC to lower interest rates for 360 Account from May 1

From May 1 onwards, account holders under the 360 Account will receive a maximum rate of 6.3% per annum (p.a.), down from its prevailing rate of 7.65% p.a.

Posted on 23/03/2025

S-Reits surge as banks decline; see beginnings of a rebound

SINGAPORE] Trade tensions in global markets were evident in the performance of global banks in recent weeks. The Singapore trio of DBS, OCBC and UOB averaged declines of 1.4 per cent. At the same time ...

Posted on 23/03/2025

4 Multi Generation Family-Owned Singapore Companies That Are Listed On The SGX

These multi generation family-owned Singapore companies are publicly listed and their shares can be purchased on the SGX by investors ...

Posted on 23/03/2025

How financial literacy and trust can guide investment decisions towards better financial health

Fresh research shows that financial knowledge drives desirable and positive financial behaviours. Read more at straitstimes.com.

Posted on 22/03/2025

‘Water will be critical’, says UOB, first Singapore bank to publish TNFD-aligned report

Water will be critical', says UOB, first Singapore bank to publish report aligned to the Taskforce on Nature-related Financial Disclosures or TNFD.

Posted on 22/03/2025

Microsoft to launch 3 new data centres in Malaysia by mid-year as part of US$2.2B investment

Almost a year after announcing a US$2.2 billion (S$2.9 billion) investment over the next four years in May 2024 to expand cloud and artificial int ...

Posted on 22/03/2025

Chocolate Finance withdrawal updates: All requests between March 10 and 18 successfully processed and paid out

SINGAPORE: All withdrawal requests made by Chocolate Finance cardholders between March 10 and March 18 have been successfully processed and paid out by the end ...

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