Support measures by the government this year, including public transport vouchers and support packages from the Budget, are expected to “fully ... ( read original story ...)
Singapore tightens monetary policy for 4th time so far in 2022
SINGAPORE, Oct. 15 (Xinhua ... The Global Economics and Markets Research team of UOB (United Overseas Bank) said in a report that the majority of market consensus had expected a further rise in the ... ( read original story ...)
CLSA lifts all three TPs of Singapore banks on higher-than-expected NIMs
The banking sector is also the only sector in the market to benefit from the rising rates, note the analysts at CLSA. ( read original story ...)
Singapore’s services sector will have to do the ‘heavy lifting’ from here, says OCBC Bank
Selena Ling of the bank says Singapore's services sector has "a bit of wind under our wings." Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ... ( read original story ...)
Stock Market Highlights: Sensex ends 684 pts higher and Nifty50 above 17,100 led by financial and IT shares
Indian equity benchmarks BSE Sensex and NSE Nifty50 rose sharply on Friday, building on initial gains, amid strength across global markets as investors digested a worse-than-expected US inflation ... ( read original story ...)
Singapore’s central bank tightens policy for fourth time this year
The Monetary Authority of Singapore tightened monetary policy for the fourth time this year, as inflation neared a 14-year-high. The MAS said it would re-centre the mid-point of the policy band of its ... ( read original story ...)
Singapore’s private banking industry sets green standards, upskills workforce
SINGAPORE - A set of guidelines released on Friday outlines how private banks can integrate sustainability practices into their business models. Read more at straitstimes.com. ( read original story ...)
Singapore Announces S$1.5 Billion Support Package for All Singaporean Households
Singapore's Finance Ministry on Friday announced a S$1.5 billion support package for all Singaporean households amid rising inflation. The package will provide support for lower- to middle-income ... ( read original story ...)
Singapore announces $1.05bln support package for all Singaporean households
The package includes cash, vouchers and public transport subsidies mainly for lower to middle-income citizens, according to a statement from the Ministry of Finance ... ( read original story ...)
DBS and Maybank maintain ‘buy’ calls for ESR-LOGOS REIT with unchanged TPs
Analysts from DBS and Maybank have maintained their “buy” call for ESR LOGOS REIT (ELOG) with unchanged target prices (TPs) of 50 cents and 55 cents respectively. In their report dated Oct 14, DBS ... ( read original story ...)
Vietnam Faces Limited Risks from SCB Bank Run, S&P Says
Vietnam’s sovereign credit rating faces limited risks after customers of Saigon Commercial Bank, the nation’s fifth-largest commercial bank also known as SCB, pulled out their savings for several days ... ( read original story ...)
OCBC: Another Off-Cycle MAS Tightening Unlikely
OCBC Bank Head of Treasury Research & Strategy Selena Ling believes another off-cycle tightening by Singapore's central bank is quite unlikely out to April 2023. She speaks with Yvonne Man and Rishaad ... ( read original story ...)
Singapore Q3 GDP Blazes Past Expectations, MAS Tightens Policy
Singapore’s economy expanded far more than expected in the third quarter, data showed on Friday, as a boost from construction activity and steady consumer spending helped offset a decline in the ... ( read original story ...)
Singapore tightens policy, door open for more action amid risks to outlook
The Monetary Authority of Singapore (MAS), at a scheduled policy meeting, said it will re-centre the mid-point of the exchange rate policy band known as the Nominal Effective Exchange Rate, or S$NEER. ( read original story ...)
Stock Market LIVE Updates: Nifty and Sensex likely to make a gap-up start tracing gains across global markets
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-up start on Friday tracking strong global cues. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty ... ( read original story ...)
Singapore Central Bank Tightens Monetary Policy for Fifth Straight Time — Update
The Monetary Authority of Singapore tightened monetary policy for a fifth consecutive time to ease price pressures over the ... ( read original story ...)