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Tag: banking

Posted on 13/02/2023

Singapore downgrades fourth-quarter GDP, but keeps 2023 forecast

Singapore's economy grew slightly less than initially estimated ... For the full year, GDP grew 3.6% versus an initial 3.8% estimate. Stock picks and investing trends from CNBC Pro: 10 stocks that fit ...

Posted on 13/02/2023

Singapore bank DBS profit soars 68% in the fourth quarter, flags robust outlook

DBS, the first Singapore bank to report this season, said October-December net profit rose to a record $2.34 billion Singapore dollars ($1.76 billion) compared with an average estimate of S$2.16 ...

Posted on 13/02/2023

Singapore maintains 2023 GDP growth forecast, spurred by China reopening

Singapore (AFP) – Singapore said Monday it will stick to ... a regional economist with CIMB Private Banking. Despite the reopening of China -- the world's second-biggest economy -- and other positive ...

Posted on 13/02/2023

Singapore’s budget expected to focus on inflation and support for laid off workers

Rising inflation and layoffs are among the concerns of Singaporeans and are expected to be addressed in the Singapore Budget 2023 on Feb. 14.

Posted on 13/02/2023

Commentary: Crucial for Singapore that Budget 2023 gets balance right

SINGAPORE: With Budget 2023 to be announced on Tuesday (Feb ... and that major central banks (like the United States Federal Reserve and the European Central Bank) are easing aggressive monetary ...

Posted on 13/02/2023

Onn Hafiz: Johor has potential to receive RM10b-RM15b investment from Singapore-based international companies

Johor has the potential to draw investments of around RM10 billion to RM15 billion from several international companies based in Singapore, according to Menteri Besar Datuk Onn Hafiz Ghazi.Onn Hafiz ...

Posted on 12/02/2023

Should you take out an education loan or personal loan for your higher studies?

However, the way interest is calculated for education loans in Singapore is more favourable than for personal ... For example, some education loans, such as the POSB Education Loan, require that you ...

Posted on 12/02/2023

WATCH: Brilliant Ockie Strydom shows nerves of steel to win Singapore Classic and bank R6m payday

Centurion - South African Ockie Strydom produced a stunning 72nd up-and-down birdie to win the Singapore Classic by one shot on Sunday ... jabbed it into the banking and rolled it stone dead. That ...

Posted on 12/02/2023

Should You Take An Education Loan or Personal Loan For Your Higher Studies?

Congratulations on making the decision to further your studies! Now that you have taken the big leap of faith, you might be wondering what available options there are in financing your higher ...

Posted on 12/02/2023

HSBC bets big on India’s $400 billion pile of wealth

Roaring with national pride. Soaring with global dreams,” blared the HSBC Holdings Plc ad outside an upscale Mumbai suburb in December. The 122-foot billboard displayed a tiger stalking over the ...

Posted on 11/02/2023

Tokenized Bank Deposit Could Be an Alternative to Stablecoins: JPMorgan Report

In November last year, JPMorgan, along with two other global banks including DBS Bank and SBI Digital Asset Holdings, conducted foreign exchange and government bond transactions against liquidity ...

Posted on 11/02/2023

Cleary, Linklaters and Shin & Kim Act on Korea Development Bank’s $2B Singapore Bond Offering

Cleary Gottlieb Steen & Hamilton and Linklaters, together with big six Korean law firm Shin & Kim, are advising Korea Development Bank’s (KDB) listing of $2 billion worth of U.S. dollar notes on the ...

Posted on 10/02/2023

Adani Wilmar, 2 others to be dropped from S&P BSE IPO index

The reconstitution would be effective February 20, 2023, S&P Dow Jones and BSE stated in a joint release. Asia Index is a 50-50 partnership between S&P Dow Jones Indices LLC and India's BSE.

Posted on 10/02/2023

Singapore will host the Aquatic World Championships in 2025

the Singapore Indoor Stadium and the OCBC Aquatic Center, which has two 50-meter swimming pools and facilities for springboard jumping. “World Aquatics couldn’t be happier to know that the ...

Posted on 10/02/2023

By the numbers: A look into Singapore’s Fintech Industry

Singapore falls behind India in terms of Fintech development. Singapore has been named the second-best market in Southeast Asia (SEA) for Fintech development by Robocash Group. The Lion City recorded ...

Posted on 10/02/2023

First Abu Dhabi Bank says not currently evaluating offer for Standard Chartered

First Abu Dhabi Bank (FAB), the United Arab Emirates' biggest lender, said on Friday it was not currently evaluating an offer for Britain's Standard Chartered. News of the potential offer first came ...

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