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Tag: banking

Posted on 14/10/2024

Singapore’s economy grew 4.1% in Q3 of 2024: MTI advance estimates

SINGAPORE: Singapore's economy picked up momentum in the third quarter of 2024, growing by 4.1 per cent compared to the same period last year. It was helped by the manufacturing sector's expansion ...

Posted on 14/10/2024

Singapore Central Bank Keeps Policy Unchanged for Sixth Straight Time

Singapore’s growth momentum has picked up and the negative output gap is projected to close in H2 2024,” the MAS said.

Posted on 14/10/2024

Singapore keeps monetary policy unchanged as growth picks up pace in Q3

Singapore's central bank on Monday left its monetary policy settings unchanged, as expected, as data showed the economy picked up pace in the third quarter and policymakers expressed optimism about ...

Posted on 14/10/2024

Heartland merchants get boost in earnings on weekends from PayLah cashback initiative

DBS said the volume of transactions across 22,000 heartland merchants rose by about 40 per cent. Read more at straitstimes.com.

Posted on 14/10/2024

4 Singapore Blue-Chip Stocks That Raised Their Dividends Over the Past 3 Years

These four companies managed to raise their dividends in a difficult operating environment. The post 4 Singapore Blue-Chip Stocks That Raised Their Dividends Over the Past 3 Years appeared first on ...

Posted on 14/10/2024

The Past & Also The Future? Can Singapore Remisiers Continue Be The Bridge Between Investors & The Financial Market?

Remisiers were once the backbone of SGX in driving interest and education among retail investors. Can they remain relevant in a digital world ...

Posted on 14/10/2024

Singapore emerges as second-largest global source of cross-border capital

SINGAPORE: Singapore has solidified its position as a major player in global finance, ranking as the second-largest source of cross-border capital worldwide, according to a report by Colliers. The ...

Posted on 13/10/2024

Best fixed deposit rates in Singapore (October 2024): Rates up to 3.45%, minimum deposits from $500

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 13/10/2024

Citibank to shut last ‘transactional’ branch in S’pore next month as it eyes wealthy customers

Citibank will close its last branch in Singapore, located at the CPF Jurong Building in Jurong East, on Oct 12. The branch’s automated teller machines (ATMs), cash deposit machines and express cheque ...

Posted on 13/10/2024

Heartland merchants get boost in earnings on Saturdays from PayLah cashback initiative

DBS said the volume of transactions across 22,000 heartland merchants rose by about 40 per cent. Read more at straitstimes.com.

Posted on 13/10/2024

‘Look beyond viewpoint of the past’: Indian commerce minister to Singapore companies

SINGAPORE companies should look at the “transformative progress” of India and consider its long-term investment potential – beyond the “viewpoint of the past”, said India’s Minister of Commerce and ...

Posted on 13/10/2024

How to invest for a better yield on cash – instead of chilling in T-bills, invest with POSB?

T-Bills yields are falling. The latest T-Bills yields closed at 3.06%, which is the lowest it has been since late 2022 (more than 24 months ago). For Singapore investors, we have been enjoying high ...

Posted on 13/10/2024

Singapore Paincare Holdings Full Year 2024 Earnings: EPS: S$0.011 (vs S$0.004 loss in FY 2023)

Profit margin: 7.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. EPS: S$0.011 (up from S$0.004 loss in FY 2023). All figures shown in the chart above are for ...

Posted on 13/10/2024

Me & My Money: Fintech exec started developing her investing acumen as a teen

Ms Alice Liu has learnt to manage risk while being unafraid to grasp opportunities. Read more at straitstimes.com.

Posted on 12/10/2024

DBS Group Could Continue To Deliver Returns, But Safety Margin Is Thin

DBS Group surpasses expectations with 19% total return in 5 months, strong Q2 performance, and shareholder-friendly dividends. Read more here.

Posted on 12/10/2024

SG stock market rebounds with $1.4b net buys from institutional investors in August

Institutional investors net bought $1.4b in Singapore stock in late August, rising from the $1.3b net outflow earlier in the year, according to SGX. The top 10 stocks for the period included the STI ...

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