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Tag: banking

Posted on 15/07/2024

Trump shooting does little for Singapore market; STI ends flat

THE Straits Times Index closed at 3,499.89 on Monday (Jul 15), up 2.11 points or 0.06 per cent, in a mixed day for Asian indices. Read more at The Business Times.

Posted on 15/07/2024

S-REITs in ‘robust run’; CLAR, MPACT and MLT top picks: DBS

As such, the DBS team has expanded their scope with four additional filters. These filters include Singapore-focused REITs where Singapore contributes at least 50% of its total assets, S-REITs with ...

Posted on 15/07/2024

Singapore depends on multi-national enterprises for 73% of its corporate tax revenue

SINGAPORE is the fourth-most dependent economy in the world that relies on large multinational enterprises for its corporate income tax revenue. Read more at The Business Times.

Posted on 15/07/2024

Singapore Banks to Phase Out OTPs for Online Logins Within 3 Months

Singapore banks phase out OTPs for online logins to combat phishing. Digital tokens to become mandatory within 3 months.

Posted on 15/07/2024

Sea’s digital bank picks Natalia Goh as new CEO to ward off tough competition

SINGAPORE - Sea Ltd. appointed Natalia Goh as the new leader of its Singapore digital bank, picking the operating chief of rival Trust Bank to steer the South-east Asian internet company’s budding ...

Posted on 15/07/2024

DBS CEO interviews SG kitefoiler ahead of Paris Olympics

Maeder are partnering up to galvanise youth to believe in themselves and pursue their aspirations, even if it means taking the path less travelled.

Posted on 15/07/2024

DBS partners SG kitefoiler Max Maedar to empower youths

In addition to DBS' multi-year partnership with Maedar, POSB has inked a one-year partnership with Singapore's track-and-field athletes, Ang Chen Xiang and Marc Brian Louis. Both athletes embody the ...

Posted on 15/07/2024

CapitaLand Investment raises $186 million from sustainability-linked bonds in China

SINGAPORE - CapitaLand Investment (CLI) has raised one billion yuan (S$186 million) from the second and final tranche of its sustainability-linked bonds in China, after amassing the same amount from ...

Posted on 15/07/2024

Singapore shares gain at Monday’s open; STI up 0.2%

SINGAPORE equities rose at the opening bell on Monday (Jul 15) to track global gains the prior week. Read more at The Business Times.

Posted on 15/07/2024

Astrea 8 Private Equity Bonds: 8 Things To Know Before You Invest (And Earn Up To 4.35% And 6.35% Respectively)

Before you invest, here are 8 things you should know about the latest Astrea 8 PE bonds on offer for retail investors in Singapore. As its name suggests, Astrea 8 is the eighth private equity bond ...

Posted on 15/07/2024

Analysing Catalist: A segment of the Singapore market

What are the strengths and weaknesses as of today, since the Catalist board was set up in 2007? Read more at straitstimes.com.

Posted on 15/07/2024

Consider investing in undervalued firms as trading picks up in S’pore stock market: Panel

The benchmark index was supported by the three Singapore banks – DBS, UOB and OCBC – which all hit record highs during the week, as well as interest rate-sensitive real estate investment trusts and ...

Posted on 14/07/2024

Banks in Singapore to phase out one-time passwords in 3 months

The Monetary Authority of Singapore (MAS) has announced a new requirement impacting all major retail banks in the country to phase out the use of one-time passwords (OTPs) within the next three months ...

Posted on 14/07/2024

Bank stops woman from transferring $1,500 to ‘boyfriend’ for his release from S’pore Customs

A woman went to the Bedok branch of UOB to transfer $1,500 to her “boyfriend” on Feb 27. She claimed that he was detained by the Singapore Customs and had to pay a sum of money for his release. Bank ...

Posted on 14/07/2024

Singapore investors pivot to ‘risk on’ approach ahead of expected rate cut: survey

Singapore investors are adopting a risk-on position ahead of the much-awaited rate cut by the US Federal Reserve, with 60% looking to raise their bet on equities, according to a survey by Fidelity ...

Posted on 14/07/2024

OCBC garners 93.52% of Great Eastern’s shares, short of compulsory acquisition threshold

This is lower than the 98.87% shareholding required to trigger a compulsory acquisition of shares. Read more at straitstimes.com.

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