THE battle for deposits has gone up another notch with UOB raising the interest rates on its flagship savings account following similar moves by rivals DBS and OCBC Bank. Read more at The Business ...
Over 75% Singaporeans ‘definitely’ want better online banking services
The majority of Singaporeans now use mobile apps for bank services. The majority of Singaporeans (81%) are now using mobile apps for banking services, and 77% of them say they “definitely” was a ...
Singapore’s Temasek sees ‘reputational damage’ due to FTX, official says
Singapore government-owned Temasek has suffered a lot more than just financial losses due to investing in FTX, according to Deputy Prime Minister Lawrence Wong.
Citi expects global growth to slow below 2% in 2023
FILE PHOTO: A shopping trolley is pushed around a supermarket in London, Britain May 19, 2015. REUTERS/Stefan Wermuth//File Photo SINGAPORE (Reuters) -The U.S. Securities and Exchange Commission has ...
Singapore Personal Income Tax Guide
Personal income tax in Singapore is based on a progressive structure. Find out what which income types are taxable and how the income tax applies to you as a resident vs non resident. Personal income ...
Singapore impact investor Silverstrand deepens investment in aquaculture fund Aqua-Spark
SINGAPORE-BASED impact investor Silverstrand Capital has further signalled its commitment to ocean and marine causes, with an additional investment in Netherlands-based aquaculture investment fund ...
Singapore Stocks close with extended gains
The Singapore stock market finished session higher after randomly teeter-tottering between wins and losses on Wednesday, 30 November 2022, extending gains to second straight day, on hopes that China ...
CDL reports high occupancies for Singapore office, recovery in retail and hotel portfolios
However for the nine months to Sept 30, 2022, CDL sold 802 units valued at $1.9 billion, which was lower than the 1,382 units valued at $2.5 billion for the same period a year ago. This is because ...
Singapore’s Financial Regulator Defends Itself After FTX Blowup
Singapore state fund Temasek’s investment in FTX has caused reputational harm, but “it is the nature of investment and risk-taking,” said Deputy Prime Minister Lawrence Wong.
Singapore’s Temasek holds internal review of $275 million FTX-related loss
Singapore's Deputy Prime Minister Lawrence Wong said on Wednesday that Temasek Holdings has initiated an internal review of its investment in the now-bankrupt FTX crypto exchange, which resulted in a ...
Boustead Singapore (SGX:F9D) Will Be Hoping To Turn Its Returns On Capital Around
Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that ...
Hong Kong sees IPO slowdown reversing; eyes international issuers
SINGAPORE (Reuters) - Singapore's Deputy Prime Minister Lawrence Wong said on Wednesday that Temasek Holdings has initiated an internal review of its ...
‘Not completely obvious’ that capital markets have kept pace with climate risks: Singapore Exchange
Michael Syn of the Singapore Exchange says "the anxiety at COP27 was much higher than at COP26." Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ...
Singapore’s logistics sector in a “sweet spot”: RHB
Among the ASEAN member countries covered in their report, they point out that only Singapore has been ranked among the top positions, at seventh out of 160 countries measured by the World Bank’s 2018 ...
Trust Bank Selects Thought Machine to Power Singapore’s New Wave of Digital Banks
Thought Machine, a cloud-native banking technology company, announced that it is powering Singapore’s cloud-native digital bank Trust Bank.
FTX collapse: ‘Very limited’ impact on Singapore’s financial system and economy, says DPM Wong
Key financial institutions in Singapore have “insignificant” exposures to cryptocurrency and players in the industry, says Deputy Prime Minister Lawrence Wong.