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Tag: banking

Posted on 03/01/2023

Singapore’s Standing in the Global Art Market Could Rise as International Galleries Flock to the City

Tan is a Singaporean art adviser who previously served as the executive director of global artistic programs and deputy director at New York’s Asia Society Museum. He was also director of Marc Straus ...

Posted on 03/01/2023

StanChart ups maximum interest rate on Bonus$aver to 7.88%

SINGAPORE – Standard Chartered Bank has raised the maximum interest rate on its Bonus$aver account to 7.88 per cent a year – its highest ever for the product – up from 4.88 per cent. Read more at ...

Posted on 03/01/2023

Singapore PMI resumes downward trend, slides deeper into contraction

SINGAPORE’S overall factory activity resumed its downward trajectory in December, deeper into contraction territory, after a surprise uptick in November. Read more at The Business Times.

Posted on 03/01/2023

StanChart ups maximum interest rate on Bonus$aver to 7.88%, now the highest of savings accounts here

SINGAPORE – Standard Chartered Bank has raised the maximum interest rate on its Bonus$aver account to 7.88 per cent a year – its highest ever for the product – up from 4.88 per cent. Read more at ...

Posted on 03/01/2023

Singapore stocks start the year mixed; STI down 0.2%

SINGAPORE shares traded mixed on Tuesday (Jan 3), the first trading day of the year, after a volatile 2022. Read more at The Business Times.

Posted on 03/01/2023

Singapore’s market is seen as boring, but here’s my case for it

LAST year was, to put it mildly, a roller coaster for global markets. The Russia-Ukraine war, inflation and interest rate hikes were just some of the incidents that contributed to the volatility. Read ...

Posted on 03/01/2023

Commentary: 8 ways young Singaporeans can improve on personal finance in 2023, and why starting early helps

As the new year begins and in the light of a high inflationary environment and economic uncertainties, it is an opportune time for everyone, especially young adults, to spring-clean their finances, ...

Posted on 03/01/2023

Knights’ New Year Global Strategy Conference Will Be Opened In Singapore To Promote The New Wave Of Digital Finance

Global Strategy Conference will be opened in Singapore to promote the new wave of digital finance Singapore - January 3, ...

Posted on 03/01/2023

Bank of Singapore confirms appointment of Jason Moo as new CEO

Bank of Singapore (BoS), the private banking arm of Oversea-Chinese Banking Corporation (OCBC), announced that it has appointed Jason Moo as its new CEO on Jan 3. BoS’s announcement comes after ...

Posted on 03/01/2023

Singapore shares start 2023 in negative territory; STI down 0.3%

SINGAPORE stocks pulled back on Tuesday’s (Jan 3) open, with banks and index counters recording losses in the first trading session of the year. Read more at The Business Times.

Posted on 03/01/2023

Singapore GDP growth slumps in 2022 as trade slowdown weighs

Singapore’s economy likely expanded at a substantially slower pace in the fourth quarter of 2022, preliminary data showed on Tuesday, as high inflation and a lull in the country’s major exports took a ...

Posted on 03/01/2023

Singapore Q4 GDP Expands 2.2% Y/y, Beating Forecasts

Gross domestic product (GDP) expanded 2.2% in October-December on a year-on-year basis, the Ministry of Trade and Industry said in a statement. Eight economists polled by Reuters had expected growth ...

Posted on 03/01/2023

SGX Nifty down 30 points; here’s what changed for market while you were sleeping

Nifty futures on the Singapore Exchange traded 26.5 points, or 0.15 per cent, lower at 18,196.50, signaling that Dalal Street was headed for a negative start on Tuesday.

Posted on 03/01/2023

Singapore dollar competes with baht for best regional currency

The baht is set to be powered by an influx of Chinese tourists after the mainland rescinded most of its Covid controls over the past month, paving the way for a recovery in outbound travel. The ...

Posted on 03/01/2023

Singapore’s 2022 GDP Growth Beats Amid Lurking Headwinds

Singapore’s recovery held up in 2022, with a relatively strong year-end performance shoring up the economy ahead of an expected global slowdown this year. Most Read from BloombergElon Musk Becomes ...

Posted on 03/01/2023

Singapore economy grew 3.8% in 2022, slower than 7.6% growth in 2021: MTI advance data

SINGAPORE: Singapore’s economy grew 3.8 per cent for the whole of 2022, slowing from the 7.6 per cent growth in the year before, according to advance estimates released by the Ministry of Trade and ...

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