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Tag: banking

Posted on 05/10/2022

Blended finance key to climate change fight

SINGAPORE: Singapore’s top central banker says blended finance is key to tackling climate change by earmarking more money for marginal environmental projects. ( read original story ...)

Posted on 05/10/2022

Three weeks after previous hike, OCBC raises fixed deposit interest rates again to match UOB

OCBC Premier Banking customers get 3.0% p.a., while OCBC Premier Private clients get 3.1% p.a. This is up from previous rates of 2.6%-2.8%, effective since Sept 15. Na Kok Peng, h ... ( read original story ...)

Posted on 05/10/2022

How Singapore is setting its status as a financial hub in the current economic climate – OnyxTraders reports

OnyxTraders expert broker discusses the reason why being a financial hub is critical to a regional economy. Financial services can take advantage of online platforms to provide better services and ... ( read original story ...)

Posted on 05/10/2022

Rising interest rates: Up to 3.85% for fixed mortgage rate in Singapore; more people placing fixed deposits

Property buyers are facing the highest housing loan interest rates in years, with some close to 4 per cent per annum, even while more Singaporeans seek to protect their savings by opening fixed ... ( read original story ...)

Posted on 05/10/2022

Best Fixed Deposit Rates in Singapore (Oct 2022) — DBS, UOB, OCBC & More

Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don't need to do anything to earn this interest, just park ... ( read original story ...)

Posted on 04/10/2022

Allow one-time transfer of bank home loans back to HDB to help some cope with high interest rates, suggests MP

In an adjournment motion, MP Saktiandi Supaat outlined several suggestions to help Singaporeans and businesses navigate rising interest rates. ( read original story ...)

Posted on 04/10/2022

Home loan interest rates in Singapore hit highs of up to 3.85 per cent

Currently, both Maybank and Standard Charted (StanChart) offer only a floating rate home loan package pegged to the benchmark Singapore Overnight Rate Average (Sora). UOB’s head of group personal ... ( read original story ...)

Posted on 04/10/2022

Singapore Ambassador Seeks Peaceful Resolution To Disputes Between India And China

The Singaporean diplomat also discussed Singapore-ASEAN concern about China’s aggressive policies at display in the region and India-Singapore relations. ( read original story ...)

Posted on 04/10/2022

ANEXT Bank’s Toh Sui Mei on how to stay ahead of SMEs needs

The CEO of Singapore’s newest digital bank talks about why banks find it challenging to meet the SMEs needs, and why digital banks are the answer. Toh Sui Mei recalls a time during the early days of ... ( read original story ...)

Posted on 04/10/2022

Daily roundup: UOB raises fixed home loan rates to 3.85 per cent, following DBS’ move — and other top stories today

READ MORE 3. 'I don't know if he was drunk or on drugs': 2 SIA crew members punched in the face near Melbourne hotel A Singapore Airline cabin crew member was punched in the face in Melbourne. PHOTO: ... ( read original story ...)

Posted on 04/10/2022

DBS, UOB raise fixed rate home loans to 3.5% and beyond

DBS raises its fixed rate home loans to 3.5 per cent while UOB ups its fixed rate mortgages to as high as 3.85 per cent per annum. ( read original story ...)

Posted on 04/10/2022

Commentary: Is it time for stock market investors to hold or fold?

Inflation has dominated global headlines this year and equities have tumbled. OCBC Investment Research's Carmen Lee discusses where investors can look to for an escape. ( read original story ...)

Posted on 04/10/2022

Singapore Bourse Poised To Reverse Monday’s Losses

The Singapore stock market headed south again on Monday, one session after ending the five-day losing streak in which it had stumbled almost 150 points or 4.8 percent. The Straits Times Index now ... ( read original story ...)

Posted on 04/10/2022

Maybank Singapore offers fixed deposit rates up to 3.05% per annum

The offer starts at a minimum placement of S$20,000 and a 6-month tenure. Maybank Singapore has raised its fixed deposit rates to up to 3.05% per annum for the 15 month tenure, the bank announced. For ... ( read original story ...)

Posted on 04/10/2022

PhonePe IPO: Company moves domicile from Singapore to India; ESOPs for 3000 employees approved

PhonePe has moved all businesses and subsidiaries including Insurance Broking Services and Wealth Broking businesses of PhonePe Singapore to PhonePe Pvt Ltd - India. ( read original story ...)

Posted on 04/10/2022

PhonePe moves domicile from Singapore to India ahead of IPO launch

Fintech player PhonePe, a part of the Walmart Inc-controlled Flipkart group, on Monday said it has completed the process of moving its domicile from Singapore to India. The development comes ahead of ... ( read original story ...)

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