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Tag: banking

Posted on 10/01/2024

Should investors invest into these STI-tracked ETFs? PhillipCapital takes a closer look

The team estimates that the implied value for Nikko AM Singapore STI ETF is $3.69 and $3.73 for the SPDR Straits Times Index ETF.

Posted on 10/01/2024

MAS to review extension of brief ban on non-bank, non-card remittances to China

MAS will decide before end March whether to extend the suspension beyond March 31. Read more at straitstimes.com.

Posted on 10/01/2024

Singapore Asks China For Information on Frozen Remittances

Read More: Singapore Regulator Halts Some Remittance Routes to China Singapore’s regulator last month ordered remittance companies in the city-state to halt the use of non-bank and non-card channels ...

Posted on 10/01/2024

OCBC prices $450 mil perpetual capital securities first callable in 2029

Oversea-Chinese Banking Corporation (OCBC) has priced $450 million worth of perpetual capital securities under its US$30 billion ($39.95 billion) global medium term note programme.

Posted on 10/01/2024

Singapore shares decline at Wednesday’s open; STI down 0.4%

SINGAPORE stocks opened weaker on Wednesday (Jan 10) following overnight losses on Wall Street, as weak US trade data weighed on investor sentiment. Read more at The Business Times.

Posted on 10/01/2024

OCBC prices S$450 million in 4.05% perpetual capital securities, first callable in 2029

OCBC has priced S$450 million in perpetual capital securities at 4.05 per cent under its US$30 billion global medium-term note programme. Read more at The Business Times.

Posted on 10/01/2024

Share Prices of These 5 Singapore REITs Increased in 2023: Can Their Run Continue?

thereby mitigating a sharp rise in finance costs for 2024. Frasers Centrepoint Trust, or FCT, is a retail REIT with a portfolio of nine suburban retail malls and an office building in Singapore. FCT’s ...

Posted on 09/01/2024

Singapore stock market positive upswing on Tuesday’s open

SINGAPORE: The Singapore stock market experienced a positive upswing on Tuesday, Jun 9, benefitting from the overnight gains seen in global equity markets, The Business Times reports. The Straits ...

Posted on 09/01/2024

Non-SimplyGo EZ-Link, NETS FlashPay cards not valid for public transport from June

SINGAPORE: Non-SimplyGo EZ-Link adult cards and NETS FlashPay cards can no longer be used to pay public transport fares from Jun 1, the Land Transport Authority (LTA) announced on Tuesday (Jan 9). The ...

Posted on 09/01/2024

Lazada layoffs put spotlight on potential IPO, growing competition in South-east Asia

Potential investors would want to put money in a company where the cash burn is under control. Read more at straitstimes.com.

Posted on 09/01/2024

Great Eastern, OCBC employees help elderly woman avoid S$250,000 scam

SINGAPORE: An elderly woman avoided being cheated of more than S$250,000, thanks to an alert Great Eastern customer service officer and OCBC employees. On Dec 2, 2023, a scammer impersonating a ...

Posted on 09/01/2024

Potential ‘designated entities’ under Singapore’s Significant Investments Review law have already been contacted

Find out more about subscription packages here. ALL entities being considered for designation under Singapore’s proposed Significant Investments Review Bill have already been contacted by the ...

Posted on 09/01/2024

Things about Asia’s markets you might not have known

HSBC Global Research recently revealed lesser known facts about Asian stock markets in 2023, and CNBC picked out three.

Posted on 09/01/2024

Singapore to invest SGD 5 billion in Tamil Nadu; MoUs signed at Global Investors Meet

Most of the Singapore investments in Tamil Nadu would be made in sectors pertaining to sustainability and infrastructure, according to a media release issued by the Singapore Ministry of Trade and ...

Posted on 09/01/2024

Winning Secrets: HSBC Singapore gauges the satisfaction, engagement, and wellbeing of employees consistently

Mukul Anand, Head, HR, HSBC Singapore on the importance of measuring the success of HR initiatives through key indicators.

Posted on 09/01/2024

Best credit cards for petrol in Singapore (2024)

Saving on fuel costs can help ease the high cost of owning a vehicle in Singapore. Find out which credit card is best for pumping petrol here.

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