With the increased attention toward personal assets, people are looking to strengthen their portfolios by investing in low-risk bonds. Learn more about Singapore Savings Bond (SSB), a bond with a ... ( read original story ...)
Singtel adds $100M to startup investment arm
Singapore telco pumps another $100 million into its VC arm Innov8 to expand its investment portfolio across Southeast Asia, China, Australia, Israel, and the US. ( read original story ...)
Singapore’s Central Bank to Consult Public for Stablecoin Regulations
The MAS is reviewing a regulatory regime targeting risks involving stablecoins, the minister in charge of the bank said. ( read original story ...)
No change to ‘generous’ CPF interest rates amid inflation, with floor rates still higher than bank rates: Tan See Leng
SINGAPORE — The interest rates for the Central Provident Fund (CPF) will remain unchanged for now because interest rates at banks continue to be below the effective CPF floor rates. ( read original story ...)
Singapore’s watchdog urges financial firms to ‘discourage’ retail crypto trading
Despite the cryptocurrency sector's exponential growth, Singapore's central bank is warning against crypto trading. ( read original story ...)
Barclays Hunts for Private Banking Deals Amid Singapore Rebuild
Barclays Plc. is on the prowl for deals that will expand its business catering to Asia’s wealthy six years after largely retreating from the space. ( read original story ...)
2022 Mid-Year Round Up: Where to Next for Singapore Stocks and REITs?
As we shake off a turbulent first half, we gaze into our crystal ball to see what we can expect for the second half of this year. The post 2022 Mid-Year Round Up: Where to Next for Singapore Stocks ... ( read original story ...)
HSBC aims to placate Hong Kong investors after rejecting break-up call from Ping An
HSBC’s bosses will meet retail investors in Hong Kong on Tuesday, seeking to convince them that a strategy to operate as a unified bank is better for its future than a break-up mooted by top ... ( read original story ...)
How Singapore is trying to cool itself down
The temperature had reached 86 degrees and was climbing. Humidity was measured at 75%. Sunshine glinted off the tall buildings.'Fourteen volunteers, six ... ( read original story ...)
Funding Digest: Axcynsis Therapeutics receives $10m, Leap Finance gets $15m
Singapore-based biotech startup Axcynsis Therapeutics and edtech firm Leap Finance have received fresh money as part of their earlier announced funding rounds, according to ACRA filings accessed by ... ( read original story ...)
DBS raises Multiplier deposit account interest rates for first time since 2020
DBS added that the changes took effect from Aug. 1. For this account, customers will get higher interest rates if they transact in larger amounts with D ... ( read original story ...)
Best Fixed Deposit Rates in Singapore (August 2022) — DBS, UOB, OCBC & More
Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don't need to do anything to earn this interest, just park ... ( read original story ...)
MAS loss of S$7.4 billion does not affect investment performance: Lawrence Wong
Why was there a loss, and why won't it affect investment performance? Finance Minister Lawrence Wong explains. ( read original story ...)
Singtel to invest $137.7m more to Singtel Innov8
This will enable Innov8 to expand its portfolio of investments. Singtel is planning to invest an additional $137.7m (US$100m) in its corporate venture arm, Singtel Innov8, bringing its total capital ... ( read original story ...)
Finance, tech firms drive Singapore office demand in H1
They accounted for over half of leasing activity in the CBD. Office demand in Singapore is being driven by the financial and technology sector as firms from these segments accounted for over half or ... ( read original story ...)
Singapore court gives Vauld parent three-month protection from creditors
Defi Payments, the parent company of troubled Singapore-based crypto exchange Vauld, received court approval to protect the platform from potential lawsuits for three months. See related article: ... ( read original story ...)