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Tag: banking

Posted on 27/12/2023

A Complete Guide to Citibank Foreign Currency Account

Need to hold funds in a foreign currency outside of the region you are residing in? Citibank's Foreign Currency Account may be your solution - with a single account, you can conveniently carry out ...

Posted on 27/12/2023

UOB Vietnam increases charter capital to expand services

VOV.VN - Singapore-based United Overseas Bank (UOB) has decided to inject an additional VND3 billion into its affiliate bank in Vietnam (UOB Vietnam), raising its affiliate’s charter capital to VND8 ...

Posted on 27/12/2023

Singapore’s Economic Outlook for 2024

Singapore’s growth forecast for 2024 is looking up and inflation rate is likely to ease. Here’s a quick look at Singapore’s economic outlook for next year.

Posted on 27/12/2023

Singapore and Norway in top ten richest countries

Singapore and Norway make it into the top ten of Global Finances' list of richest countries in the world. But the first place might shock you.

Posted on 27/12/2023

Singapore-Based FII-Backed Stock In Focus On Divestment of 100% Stake In Subsidiary

Small-cap financial services company LKP Finance Limited has a market worth of around Rs 285 Cr. The stock is in the limelight as the company stated that it is selling all of its shares in its ...

Posted on 27/12/2023

Singapore core inflation dips to 3.2% in November, expected to remain elevated in the near term

Last month saw slower price increases for retail and other goods, food, as well as electricity and gas. Read more at straitstimes.com.

Posted on 26/12/2023

Starbucks, Tim Horton’s Among Global Coffee Chains Eyeing Singapore For Expansion Despite Stiff Local Competition

What Happened: CNBC reported on Tuesday that several global coffee brands have launched new outlets in Singapore in recent months. These include China’s Luckin Coffee, Indonesian chains Kenangan ...

Posted on 26/12/2023

Singapore stocks end flat as traders remain cautious amid hopes of interest rate cuts

Across the region, stock markets that were open for trading posted a mixed set of results for the day. Read more at straitstimes.com.

Posted on 26/12/2023

Singapore stocks end Tuesday flat as traders eye potential interest rate cuts

STOCK markets on Tuesday (Dec 26) were a mixed bag of results, as hopes of interest rate cuts – on the back of subdued inflation data in the US – sparked investor optimism, but investors chose to ...

Posted on 26/12/2023

Jail for man who helped childhood friend cheat scam victims, used bank accounts to funnel ‘dirty money’

Even though he suspected that his childhood friend might be getting funds from illegal activities, Brandon Phua Zhi Wen still agreed to help him out by withdrawing a total of S$40,000 in cash.

Posted on 26/12/2023

UOB Vietnam bank raises charter capital by 60%

UOB Vietnam, wholly owned by Singapore’s United Overseas Bank (UOB), has increased its charter capital by 60% to VND8 trillion ($329 million) through a capital injection from its parent bank.

Posted on 26/12/2023

Here are the top 3 Singapore blue chip stocks in 2023

In fact, the top 3 blue-chip stocks in Singapore saw their share prices gain by 13% to 49% over the same period. Blue-chip stocks are well-known for their resilience and are so named because they have ...

Posted on 26/12/2023

Singapore warns of scammers impersonating central bank officers

About 41 individuals have fallen victim to scammers, with $2.6m in losses. The Monetary Authority of Singapore (MAS) and the Singapore Police Force (SPF) has warned the public of scammers pretending ...

Posted on 26/12/2023

Singapore’s most influential lawyers under 40

One of this year’s awardees assisted in Singapore’s largest money laundering investigation. In search of the best lawyers in the country, Singapore Business Review reached out to over 20 legal firms ...

Posted on 26/12/2023

Coffee chains are crowding Singapore in hopes of jumpstarting their global expansions

Singapore's prominence as a global financial hub has attracted international coffee chains to the country despite an already competitive market.

Posted on 26/12/2023

Singapore ranks 3rd in latest global rich list

SINGAPORE: Singapore has secured the third position in the latest ranking of the world’s wealthiest... The post Singapore ranks 3rd in latest global rich list appeared first on The Independent Singapo ...

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