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Tag: banking

Posted on 17/12/2023

‘Invest more’ in Singapore-REITs (S-REITs) as rates set to dip, DBS says

The share prices of S-REITs have experienced a notable 7% rebound in November and December after a retreat in global benchmark 10-year yields.

Posted on 17/12/2023

Singapore’s former mufti warns followers about possible investment scam using his name and photo

Dr Fatris Bakaram, who served as Mufti from 2011 to 2020, said it was "regrettable". Read more at straitstimes.com.

Posted on 17/12/2023

S’pore’s former Mufti warns followers about potential investment scam bearing his name and photo

Dr Fatris Bakaram, who served as Mufti from 2011 to 2020, said it was "regrettable". Read more at straitstimes.com.

Posted on 17/12/2023

Singapore Exchange (SPXCF) Price Target Increased by 5.15% to 7.67

The average one-year price target for Singapore Exchange (OTC:SPXCF) has been revised to 7.67 / share. This is an increase of 5.15% from the prior estimate of 7.30 dated October 31, 2023. The price ...

Posted on 16/12/2023

Singapore stocks opened nearly flat, with STI down by 0.04%

SINGAPORE: Singapore stocks opened nearly flat on Friday, exhibiting a modest decline of 0.04% in the Straits Times Index (STI) at 3,121.85 as of 9:01 a.m., The Edge Singapore reports. The subdued ...

Posted on 16/12/2023

Best Fixed Deposit Rates in Singapore (Dec 2023)—HSBC Hits 3.65%, Citibank At 3.5%

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 16/12/2023

Singapore office completions to hit 7-year high in 2024

Two major projects are expected to be completed next year. No new investment grade office buildings were completed in the Singapore CBD in 3Q23. According to JLL, Guoco Midtown, which was completed in ...

Posted on 16/12/2023

Singapore’s 10 most searched stocks for 2023

The stock market, ever the focal point for those seeking financial growth, witnessed a range of highs and lows, keeping investors on their toes. Yahoo Singapore recently released “Top 10 Most Searched ...

Posted on 15/12/2023

Pave Bank launches with $5.2M funding round for programmable money revolution

Former BigPay, Monzo, and VP Bank execs launch Pave Bank, a new programmable bank at the intersection of traditional finance and digital ...

Posted on 15/12/2023

Can Singapore’s new taxonomy fill the regulatory vacuum in ‘transition finance’ for Asia and beyond?

Market participants have welcomed the Singapore-Asia Taxonomy, but whether it emerges as a widely used standard for transition finance, like the EU Taxonomy has been for green finance, remains to be ...

Posted on 15/12/2023

Singapore shares fall in contrast to regional markets; STI dips 0.2%

SINGAPORE shares sank on Friday (Dec 15) in a surprise contrast to regional markets, which ended largely positive after the United States Federal Reserve hinted at an end to its string of rate hikes.

Posted on 15/12/2023

GCash eyes “biggest IPO” title, overseas expansion in 2024

The Philippines’ biggest payments and mobile wallet floats the possibility of going public soon. The golden question that GCash is facing right now is this: when’s the IPO happening? G-Xchange CEO and ...

Posted on 15/12/2023

Best Fixed Deposit Rates in Singapore (Dec 2023)—DBS, UOB, HSBC, and More

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 15/12/2023

With rates poised to dip, time to “invest more” in S-REITs: DBS

DBS Group Research is saying that therefore, it is time for investors to invest in S-REITs, or invest more. In their Dec 14 report, analysts Derek Tan, Rachel Tan, Dale Lai and Gerladine Wong write ...

Posted on 15/12/2023

Singapore economy growth to accelerate in 2024: Mastercard

THE growth of Singapore’s economy will accelerate and be led by external trade, despite weakening consumers’ purchasing power in 2024, said the Mastercard Economics Institute (MEI) on Friday (Dec 15).

Posted on 15/12/2023

Best savings accounts in Singapore with highest interest rates (December 2023)

So far, 2023 has been pretty hard on our bank accounts. Between inflation and an impending recession, it looks like our wallets are taking quite a hit this year, even with the government payouts to ...

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