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Tag: banking

Posted on 13/01/2023

Central bank rates seen peaking soon in Southeast Asia

With slowing inflation in the US keeping the Fed on track to downshift to a quarter-point move at its next meeting, many analysts surveyed expect rate increases in Southeast Asia to end this quarter.

Posted on 13/01/2023

Tech talent still in demand by companies in Singapore

One in two firms in Singapore also say they will continue to increase their headcount in H1 2023, according to JobStreet's survey.

Posted on 13/01/2023

Dining & Buffet Credit Card Promotions and 1-for-1 Deals (January 2023)

From Asian and western to international hotel buffets, here are the best 1-for-1 dining buffets happening in Singapore this January 2023.

Posted on 13/01/2023

UOB prices $850 mil perpetual capital securities with 5.25% coupon

United Overseas Bank (UOB) says it intends to issue $850 million worth of perpetual capital securities on Jan 13. The perpetual capital securities come with a fixed distribution rate of 5.25% and will ...

Posted on 13/01/2023

UOB prices S$850m in 5.25% perpetual capital securities, first callable in 2028

UOB has priced S$850 million in 5.25 per cent perpetual capital securities on Thursday (Jan 12), which will be first callable in 2028. Read more at The Business Times.

Posted on 13/01/2023

Singapore managers upbeat on Asian markets but fret about inflation, global slump, poll finds

Singapore fund managers are optimistic about Asian stocks and bonds driven by China’s recovery, but worry about inflation and an economic slump, with more than two-thirds polled by the Investment ...

Posted on 13/01/2023

Singapore home auctions by banks likely to rise in 2023

More private residences are expected to be put up for auction by banks and distressed owners this year should the economy slow further and higher mortgage rates start to hurt more homeowners, say ...

Posted on 13/01/2023

Investments in ports foretell the future of global commerce

Tuas is a vision of the future on two fronts. It illustrates how port operators the world over are deploying clever technologies to meet the demand for their services in the face of obstacles to the ...

Posted on 13/01/2023

Twitter Employees Were Evicted From Their Singapore Office Over Unpaid Rent

Twitter employees at the company’s Singapore office were evicted on Wednesday and reassigned as remote workers.

Posted on 12/01/2023

Gap Widens for Asia Banking ESG Leaders and Laggards

Asia’s major banks are seeing a widening gap between ESG leaders and laggards, as regulators in the region ramp up scrutiny of sustainable finance, according to WWF-Singapore. While leading banks in ...

Posted on 12/01/2023

KPMG calls for clarity over wealth taxes, policies to spur green investments in Budget 2023 wish list

CLARITY on whether Singapore will be introducing wealth taxes in the near future and policies to spur greater green investments were among the proposals recommended in KPMG’s Budget 2023 wish list on ...

Posted on 12/01/2023

KPMG proposes Budget 2023 measures to drive Singapore’s green and inclusive growth towards lasting paths for businesses

Green finance will be key to powering Singapore's sustainability – spurring blended finance and transition finance ecosystems will be instrumental in intensifying green investments Forging a ...

Posted on 12/01/2023

Maintain ‘overweight’ on S-REITs as inflation looks to ease: UOB KH

UOBKH's Jonathan Koh has reduced his FY2024 DPU estimates by 1.8% on average. His TPs, however, have been raised by 3.5%.

Posted on 12/01/2023

DBS ‘optimistic’ about ‘buoyant growth’ in 1H2023, but sees ‘potential slowdown’ in ‘uncertain’ 2H2023

Assuming there will be no mutation of variants causing renewed outbreaks and restrictions, a complete unwinding of Covid-related restrictions in 2H2023 is highly probable – and it will serve as a ...

Posted on 12/01/2023

Singapore stocks slip ahead of US inflation report; STI down 0.1%

THE Straits Times Index (STI) dipped 0.1 per cent or 3.73 points to 3,267.78 on Thursday (Jan 12), as the trio of Singapore banks stuttered ahead of the release of US inflation data. Read more at The ...

Posted on 12/01/2023

Molecular Group announce the establishment of its new investment company XMG Capital in Singapore

Chainwire Molecular Group, a leading investment firm based in Hong Kong, is pleased to announce the establishment of its new investment company, XMG Capital. Located in Singapore, a hub for the ...

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