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Tag: banking

Posted on 19/02/2024

How evolving regulations are transforming cross-border treasury operations

The Asset provides authoritative, unbiased coverage of the financial markets together with independent financial research on Asian issues, trends & developments ...

Posted on 19/02/2024

More firms look for inflation support, green incentives, SkillsFuture credits in Budget this year: UOB survey

COMPARED to 2023, more businesses this year hope that the Budget will provide inflation-related support, incentives to go green and SkillsFuture credits, according to the UOB Business (SME & Large ...

Posted on 19/02/2024

Singapore lands more than S$750million in investments from aerospace companies

Aerospace companies have committed to invest more than S$750 million in Singapore over the next three to five years. The Economic Development Board said that 2,500 jobs are expected to be filled over ...

Posted on 19/02/2024

7 SG Credit Cards compete for love in February: Best CC Promotions!

SINGAPORE: Singapore’s leading banks have rolled out enticing credit card promotions, offering rewards ranging from... The post 7 SG Credit Cards compete for love in February: Best CC Promotions! appe ...

Posted on 18/02/2024

Singapore’s fiscal position, details of Refundable Investment Credit scheme could give it an edge over competitors: watchers

WHILE jurisdictions elsewhere have introduced or are planning measures similar to Singapore’s new Refundable Investment Credit (RIC) scheme, the city-state’s strong track record and fiscal ability, ...

Posted on 18/02/2024

Scam victims in Singapore lost S$651.8 million in 2023, with record high cases

DESPITE numerous media reports and warnings by the authorities about scams, the number of scam cases here hit a record high in 2023, with 46,563 cases reported. Read more at The Business Times.

Posted on 18/02/2024

Singapore finance minister announces expanded social, corporate support in 2024 budget

Singapore's Finance Minister Lawrence Wong on Friday told parliament the 2024 budget would boost spending to counter inflationary pressures on households and businesses in the city-state as its ...

Posted on 18/02/2024

Singapore bags S$750 million in aerospace investment commitments, 2,500 jobs to be filled: EDB

SINGAPORE has bagged over S$750 million in investment commitments from more than 10 aerospace projects. The sector is also expected to hire over 2,500 roles over the next three to five years. Read ...

Posted on 18/02/2024

Retail investors net buy S$1 billion of Singapore stocks in early 2024

THE net institutional fund flows for the first six weeks of 2024 showed a similar trend as the same period in 2023, with net withdrawals of S$463 million. This was slightly higher than the net ...

Posted on 18/02/2024

S$40b to be spent on Forward Singapore exercise a very significant signal: Analyst

The announcement that S$40 billion will be spent by the end of the decade in the Forward Singapore exercise, has been described as a very significant signal. Political analyst Eugene Tan says it also ...

Posted on 18/02/2024

Singapore to Invest Over $743 Million in AI in Five Years

Singapore has announced a major investment in artificial intelligence (AI), with more than $1 billion earmarked over the next five years to propel the city-state to new heights in AI development.

Posted on 18/02/2024

Commentary: Budget 2024 – Remaking Singapore, one Budget at a time

In seeking to remake Singapore root and branch, Budget 2024 has set the tone for subsequent Budgets, says SMU associate professor of law Eugene Tan.

Posted on 17/02/2024

Singapore billionaire Wee Cho Yaw, ex-UOB chairman dies at 95

Billionaire Wee Cho Yaw (pic), chairman emeritus and honorary adviser of UOB, has died at the age of 95. The bank announced Wee’s death in a statement on Facebook yesterday.

Posted on 17/02/2024

Singapore’s budget has ‘something for everyone’ amid rising living costs. Does move signal an election is near?

Measures such as US$445 for each household, and rebates for businesses, would provide ‘near-term relief’, No 2 leader Lawrence Wong said.

Posted on 17/02/2024

Singapore to invest over $1 billion in AI over the next five years: Budget 2024

It will also upgrade the national broadband network to ensure that it can effectively support AI development and deployment.

Posted on 16/02/2024

Anchor Fund @ 65 and Growth IPO Fund invest in 9 companies; preparing them for IPO

A TOTAL of nine companies have already received investments from two funds that were established in 2022 to support high-growth enterprises to raise capital in Singapore’s public equity market. Read ...

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