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Tag: banking

Posted on 16/01/2023

Citi appoints Tibor Pandi as Singapore Citi country officer

Citi has appointed Tibor Pandi as the Citi country officer (CCO) for Singapore, effective February 1. Pandi will have an oversight of all business and operations in the country, responsible for ...

Posted on 16/01/2023

Chinese New Year red packet rates in Singapore (2023): Everything you need to know

Is this Chinese New Year going to be your first time giving out ang baos (red packets) as a newlywed couple? You might have some questions. What are the market rates for giving ang baos? Must I give ...

Posted on 16/01/2023

Prudential Singapore given go ahead to launch new financial advisory unit

Prudential can now provide customers with more products and services complementary to its life insurance offerings ...

Posted on 16/01/2023

Singapore’s inflation expectations dip with higher interest rates, global headwinds: poll

SINGAPOREANS’ headline inflation expectations for the year ahead fell, down to 3.8 per cent in a December poll from an 11-year high of 4.6 per cent in September 2022, according to the latest quarterly ...

Posted on 16/01/2023

Australia-to-Singapore solar project Sun Cable no longer viable, says billionaire investor

The 4,200km submarine cable was scheduled to begin construction in 2024. It entered into voluntary administration last week.

Posted on 16/01/2023

Nifty to reclaim 18100 or bears to drag index amid FPI outflow? 8 things to know before market opening bell

Trends in the SGX Nifty hint a positive opening for the Indian share market. Nifty futures trading around 18,060 levels on the Singapore Exchange, signalling that BSE Sensex and NSE Nifty 50 may open ...

Posted on 16/01/2023

Standard Chartered and Wilmar close US$200 mil sustainability-linked trade finance facility

Standard Chartered and Wilmar International, on Jan 16, announced that both parties have closed a US$200 million ($263.7 million) sustainability-linked trade finance facility. The margin ratchet on ...

Posted on 15/01/2023

Emergence of ‘finfluencers’ helps raise awareness about finance, but licensed advisors question their knowledge, partiality

A young man and woman in their 20s appear in a TikTok video, talking enthusiastically about their personal experience investing with only S$50. The caption on the video says it is a paid advertisement ...

Posted on 15/01/2023

Staging of events like Sail GP positive sign for recovery of S’pore’s tourism sector, says official

New and exciting products like the Singapore Sail Grand Prix will help aid the Republic’s tourism recovery post-Covid, said Alvin Tan, Minister of State for Culture, Community and Youth, and Trade and ...

Posted on 15/01/2023

Singapore bank share prices to drop on higher NPL, says JPMorgan

JPMorgan is forecasting that Singapore bank share prices will fall later in 2023, due to a risk of non performing loans (NPL). A team of five analysts from the financial services company say that ...

Posted on 15/01/2023

BENEFIT explores business ties with Singapore bank

BENEFIT, Bahrain’s leading company in fintech services, recently hosted a delegation from Singapore’s Grow Digital Bank to explore joint initiatives between the two nations, forging stronger ties and ...

Posted on 15/01/2023

EMA to issue bonds as part of $2b programme to finance green energy transition

To finance the Republic’s green energy transition and ensure the stability of the electricity market, the Energy Market Authority (EMA) is looking to launch green, sustainable and transition bonds as ...

Posted on 15/01/2023

Sean Lee adds to Marco Polo Marine stake; OCBC leads buybacks

FOR the five trading sessions that spanned Jan 6 to Jan 12, the Straits Times Index (STI) declined 0.8 per cent, with the Hang Seng Index gaining 0.5 per cent and the FTSE Bursa Malaysia KLCI ...

Posted on 15/01/2023

4 Singapore Stocks With Economic Moats: DBS; Raffles Medical; SGX; Viacom

An economic moat refers to businesses having a competitive advantage over their competitors to preserve market share ...

Posted on 15/01/2023

Me & My Money: Creating opportunities out of risks

The volatile markets of late may have deterred many potential investors and stayed the hand of those already in, but they are meat and drink for entrepreneur Stephen Davies. Read more at straitstimes.

Posted on 15/01/2023

What to do if the stock market is making you depressed

Market timing could mess with your emotions, something that is best set aside when you are making investment decisions. Read more at straitstimes.com.

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