Singapore's Economic Development Board said geopolitical and economic uncertainties would pose challenges in 2025 as it reported on Thursday a rise in investment commitments in the city-state last ...
Budget 2025 likely to address near-term cost challenges and roll out initiatives under Forward SG: DBS
On the financial front, policymakers are working to revitalise Singapore’s local stock market. The MAS equities market review group is exploring measures to attract companies and investors.
SGX seeing ‘improved momentum’ in IPO pipeline, hopeful that listings will exceed last year’s
More companies could be listing here this year with the Singapore Exchange (SGX) seeing an improved pipeline of initial public offerings (IPOs), the bourse operator said. Read more at The Business ...
HSBC upgrades Grab to ‘buy’ on attractive valuations, growth drivers ahead
HSBC upgraded its rating on ridehailing giant Grab to a “buy” on attractive valuations and “intact” growth drivers, while Maybank maintained its buy rating. Read more at The Business Times.
Students in S’pore schools embrace switch to e-payments, welcome speed and ease of transactions
As of January, more than 230,000 students nationwide use e-payments in school canteens and bookshops. Read more at straitstimes.com.
Singapore Stock Market Due For Support On Thursday
The Singapore stock market has moved lower in three straight sessions, slipping almost 40 points or 1.1 percent along the way. The ...
Nearly 90% of Singapore banks lose clients due to onboarding delays
Singaporean banks have been experiencing the highest client losses worldwide due to Know Your Customer (KYC) inefficiencies. Nearly 90% of banking executives in Singapore report losing clients due to ...
Citi appoints Ashu Khullar as co-head of global asset managers, memo shows
Citigroup has appointed Ashu Khullar to partner with Anthony Diamandakis to serve together as co-heads of global asset managers, according to an internal memo seen by Reuters on Wednesday.
Singapore real estate rebounds 28% in 2024, reversing 30% slump
Easing interest rates and renewed investor confidence will likely sustain momentum into 2025, according to CBRE. Singapore’s real estate investment volumes are projected to grow by 10% year-on-year in ...
Singapore stocks buck regional trend as Trump defers tariffs on Canada, Mexico; STI slips 0.09%
The STI showing bucked the trend seen in regional bourses after US President Donald Trump delayed the start of tariffs on Mexico and Canada for a month. But those on China were not deferred and were ...
Slow Onboarding Drives Client Losses in Singapore’s Banks
Singapore’s banks are facing a surge in client abandonment due to slow onboarding and inefficient KYC processes.
Citibank’s Ashu Khullar Appointed Global Co-Head of GAM
Citibank India CEO, Ashu Khulla r, has been announced as the group's global Co-head of the Global Asset Managers (GAM) business while K Balasubramanian will take the reins as Mumbai-based India head, ...
Singapore banks see 90% client losses due to onboarding delays
Singaporean banks have been experiencing the highest client losses worldwide due to Know Your Customer (KYC) inefficiencies. Nearly 90% of banking executives in Singapore report losing clients due to ...
OCBC share price could break towards $19 level, while UOB could reach $39.90: IG
Meanwhile, DBS’s share price has a lower trendline support of $43.80 and could head toward the $42.48 level for a retest, says market strategist Yeap Jun Rong.
IN FOCUS: What will make you put your money in a digital bank?
“Digital banks, with their lower costs and minimal overheads, are well-positioned to offer financial benefits sustainably in the short to medium term at least,” said Mr Amit Chopra, head of banking ...
Citibank’s Ashu Khullar to be global co-head of GAM; K Balasubramanian to be India CEO
Ashu Khullar, Citis India chief, is appointed as the global co-head of GAM, based in London, and will oversee EMEA and Asia. K Balasubramanian will succeed him as India's CEO, pending RBI approval.