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Tag: banking

Posted on 31/08/2023

Stablecoin Summit Singapore 2023: Inaugural Gathering of Global CBDC and Stablecoin Experts Empowering NextGen Finance

The Monetary Authority of Singapore recently unveiled its Stablecoin Regulatory Framework to strong international reception, buttressing the nation-state's prominence as a cornerstone of the ...

Posted on 31/08/2023

UOB Kay Hian keeps ‘buy’ on Capitaland Ascott Trust with lowered target price

On Aug 2, CLAS signed a memorandum of understanding (MOU) with its sponsor, The Ascott Limited, to acquire the three assets, which are the 230-unit The Cavendish London, the 136-unit Temple Bar Hotel ...

Posted on 31/08/2023

SBF signs MOUs with UOB, Y3 Technologies to help local companies expand into Asean

The Singapore Business Federation has signed two memoranda of understanding to support Singapore businesses expanding into Asean.

Posted on 31/08/2023

Singapore’s banking giants embroiled in billion-dollar money laundering case

Prosecutors have said they are seeking documents from at least 10 financial institutions in relation to the case. Read more at straitstimes.com.

Posted on 31/08/2023

Commentary: Why aren’t Singaporean brands finding their place on bookshelves?

Singapore has strong brands that have made a mark at home and abroad. But if nobody writes their stories, readers won't know what they're missing, says author Sue-Ann Chia.

Posted on 31/08/2023

Singapore’s banking giants entangled in US$740 million money laundering scandal

The scandal has raised questions about crash barriers against illicit money flowing into one of the world’s most important financial hubs.

Posted on 31/08/2023

Singapore Shares May Bounce Higher Again On Thursday

The Singapore stock market on Wednesday snapped the six-day winning streak in which it had jumped almost 70 points or 2.3 percent.

Posted on 31/08/2023

Goldman Drums Up IPO Renaissance Hopes in Deals-Starved Market

A smattering of companies set to test the market for stock listings is igniting hopes across Wall Street. Most Read from BloombergSingapore S$1 Billion Laundering Scandal Embroils Its Banking ...

Posted on 30/08/2023

Laundering scandal ensnares Singapore banking giants

Buildings housing DBS, HSBC and Standard Chartered are seen in Singapore. Many of the biggest banking names in the city-state have been found to have had contact with some of those accused in a major ...

Posted on 30/08/2023

StanChart to offer new dads 20 weeks of paid time off; HSBC extends paternity and maternity leave

It expands on its existing benefits that allow new dads two weeks of paid leave, while new mums can take 16 weeks. HSBC Singapore head of human resources Mukul Anand said: “With the ever-changing ...

Posted on 30/08/2023

3 Solid Singapore Blue-Chip Stocks That Could Potentially Raise Their Dividends Again

United Overseas Bank, or UOB, is the third-largest bank in Singapore and provides a comprehensive range of banking, insurance, and investment services. The lender is thriving in an environment of ...

Posted on 30/08/2023

Billion-dollar money laundering case embroils Singapore’s banking giants

Prosecutors have said they are seeking documents from at least 10 financial institutions in relation to the case. Read more at straitstimes.com.

Posted on 30/08/2023

DBS, OCBC are creditors to alleged launderers’ Singapore firms

TWO of the biggest local banks in Singapore are creditors to suspects in a major money laundering scandal involving over S$1 billion of assets. Read more at The Business Times.

Posted on 30/08/2023

The Share Prices of These 4 Singapore REITs Are Hitting a Year-Low: Are They a Bargain?

The REIT sector has been under pressure over the past year, but could these REITs be a bargain waiting to be scooped up? The post The Share Prices of These 4 Singapore REITs Are Hitting a Year-Low: ...

Posted on 30/08/2023

Frasers Centrepoint Trust to divest Changi City Point for $338 mil

Changi City Point is a retail mall located at 5 Changi Business Park Central 1. The building has three storeys and one basement level and is connected to the Expo MRT station on the East West and ...

Posted on 30/08/2023

Curbs on significant investment need not hurt Singapore’s reputation for openness

AT FIRST glance, Singapore’s planned curbs on “significant investments into critical entities” might seem like a bold and even uncharacteristic move for an economy that prides itself upon openness. In ...

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