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Tag: banking

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 ...

Posted on 16/02/2024

Singapore eyes corporate tax rise, AI investment in 2024 budget

SINGAPORE -- Singapore is set to raise corporate taxes on multinationals from the start of next year while it will beef up efforts to become an artificial intelligence hub, Finance Minister Lawrence ...

Posted on 16/02/2024

Best Credit Card Promotions in Singapore (Feb – May 2024): Citibank, DBS, HSBC, UOB, and More

When it comes to credit card promotions these days, we’re spoilt for choice. Banks offering credit cards in Singapore are competing so hard for new customers that they are practically raining Apple ...

Posted on 16/02/2024

S$600 more CDC vouchers, U-Save rebates for Singaporean households announced in Singapore Budget 2024

Besides CDC vouchers, eligible Singaporean HDB households will also get more U-Save rebates. What else was announced in Budget 2024?

Posted on 16/02/2024

Budget 2024: Singapore to introduce new refundable tax credit to attract high-quality investments

The new Refundable Investment Credit, which works as a tax credit with a refundable cash feature, will aim to support “high-value and substantive economic activities”, says Deputy Prime Minister and ...

Posted on 16/02/2024

Singapore economic outlook for 2024 mixed, says finance minister

Singapore Finance Minister Lawrence Wong on Friday told parliament the country's economic outlook appeared mixed in 2024, but he was cautiously optimistic it would be a better year for the city-state.

Posted on 16/02/2024

Singapore to announce ‘temporary financial support scheme’ for retrenched workers later this year: Budget 2024

The Singapore government will announce details of a temporary financial assistance scheme later this year, says Deputy Prime Minister Lawrence Wong in his Budget 2024 speech on Feb 16.

Posted on 16/02/2024

Singapore budget focuses on relief for households, businesses amid rising costs: ‘we have your backs’

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 16/02/2024

Budget 2024: Forward Singapore a ‘crucial road map’ to chart the way through less stable external environment

SINGAPORE will have to operate in an external environment that is “less stable and favourable” for some time, making the Forward Singapore exercise a crucial road map for the country’s way forward, ...

Posted on 16/02/2024

Singapore economic outlook for 2024 is mixed – finmin

Singapore Finance Minister Lawrence Wong told parliament on Friday that the city-state's economic outlook appeared mixed in 2024. In presenting the 2024 budget to parliament, he said Singapore ...

Posted on 16/02/2024

Singapore Budget 2024 key announcements and highlights

Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore's 2024 Budget statement in Parliament on Feb 16.

Posted on 16/02/2024

Budget 2024: Singapore to enable broadband speeds 10 times faster than current standards

SINGAPORE will allocate additional resources to upgrade its national broadband network, said Finance Minister Lawrence Wong on Friday (Feb 16). Read more at The Business Times.

Posted on 16/02/2024

Budget 2024: Start-ups hope for support in digitalisation, upskilling and overseas expansion

This is in the light of global challenges and rapid technological advancements. Read more at straitstimes.com.

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