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Tag: banking

Posted on 21/04/2023

Fixed deposit interest rates dip in Singapore amid uncertain economic outlook

SINGAPORE: Fixed deposit interest rates in Singapore have dipped in recent months, down from highs of about 4 per cent at the start of the year. The lower interest rates at Singapore ...

Posted on 21/04/2023

Chongqing, Singapore boost cross-border investment

The event kicked off in Chongqing and Singapore both online and offline. In recent years, the event has yielded deals of $30.21 billion in the financial services sector and 74 innovative policies for ...

Posted on 21/04/2023

Singapore’s success hinges on staying open and relevant to the world: DPM Heng

He urged Singaporeans to think about what special role they can play to stay relevant to the world. Read more at straitstimes.com.

Posted on 21/04/2023

Singapore, China to deepen ties for green and transition financing

Newly-formed Green Finance Taskforce will also encourage greater collaboration between the public and private sectors. Read more at straitstimes.com.

Posted on 21/04/2023

OCBC SME Index turned contractionary for first time in eight quarters

The OCBC SME Index (SMEI) turned contractionary for the first time in 1Q2023 ended March 2023, after eight consecutive quarters of expansion, but is expected to ease slightly in 2Q2023. The index was ...

Posted on 21/04/2023

‘I was so consumed by work’: DBS CEO Piyush Gupta reflects on career failures, gives tips on navigating setbacks

Work-life balance can be a real conundrum for many - especially for those who are at the starting point of their careers.For Piyush Gupta, the chief executive of DBS Group, giving up his interests to ...

Posted on 21/04/2023

Singapore: UOB to Build Tech and Innovation Center in Punggol Digital District

UOB will reportedly invest more than S$500 million "to build its new global technology and innovation center in JTC’s Punggol Digital District (PDD)." ...

Posted on 21/04/2023

Standard Chartered leads MISC’s ESG financing

MISC Bhd’s Singapore-based subsidiaries have entered into a US$527mil (RM2.3bil) syndicated loan facility to finance six very large ethane carriers (VLECs) with Standard Chartered playing a lead role ...

Posted on 21/04/2023

Singapore Stock Market May Give Up Support At 3,300 Points

The Singapore stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had ...

Posted on 21/04/2023

Singapore rolls out new plans to support green finance | Video

Singapore is rolling out new plans to support green finance, including Asia's first master's programme on sustainable financing conducted at the National University of Singapore. Deputy Prime Minister ...

Posted on 21/04/2023

MAS bets on transition finance in next phase of its green finance plan

THE Monetary Authority of Singapore (MAS) is placing its bets on transition finance with an expanded vision on how it plans to corral capital towards Asia’s net-zero transition. Read more at The ...

Posted on 21/04/2023

Singapore plans ESG rules, pushes transition finance

The central bank and Singapore Exchange Ltd are planning to require key financial institutions and listed companies to make ESG disclosures in line with rules being developed by the International ...

Posted on 20/04/2023

DBS sharply upgrades Keppel, citing its capabilities as asset manager and developer

DBS Group Research noted it had been transforming from an industrial conglomerate into a leading global asset manager and operator. Read more at straitstimes.com.

Posted on 20/04/2023

Current generation must invest to keep Singapore sustainable for future generations: Grace Fu

The current generation has to set aside financial resources for future generations to thrive. Read more at straitstimes.com.

Posted on 20/04/2023

Singapore must abandon ‘use and throw culture’, invest now for future sustainability: Grace Fu

TO STAY sustainable, Singapore must move away from its “use and throw culture”, and make long-term investments today in areas such as coastal protection and food security, said Minister for ...

Posted on 20/04/2023

Singapore to tighten ‘greenwashing’ audit as climate finance grows

Singapore's financial regulator is tightening scrutiny of companies that claim to have put in place plans to fight climate change, as the city-state positions itself as Asia's climate financing hub.

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