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Tag: banking

Posted on 09/11/2022

Singapore’s DBS, other Southeast Asia banks gain on MUFG in market cap

Top Singaporean bank DBS Group Holdings and Indonesia's Bank Central Asia now hold market values that match or exceed that of Mitsubishi UFJ Financial Group, Japan's largest bank, the sea change ...

Posted on 08/11/2022

Standard Chartered and upSWOT launch business analytics solution

Through the new solution, Standard Chartered’s SME clients can connect the business apps that they use with upSWOT to generate real-time insights and dashboard analysis using the data aggregated ...

Posted on 08/11/2022

Is The Singapore Property Market Slowing Down?

In the meantime, you can take advantage of other investment vehicles that are benefiting from the high interest rate environment such as Singapore Savings Bonds or Treasury Bills. This can help ...

Posted on 08/11/2022

Singapore Market edges up ahead of U.S. midterm elections

However, market gains capped as investors seemed reluctant to make significant moves on sharply escalating COVID-19 cases in China and ahead of the U.S. midterm elections on Tuesday.

Posted on 08/11/2022

Grab online bank leader Reuben Lai to step down

Reuben Lai, executive director at GXS Bank, is leaving the position at the end of this year. The news was first reported by Tech In Asia. Lai was head of Grab Financial Group until May 2022, and then ...

Posted on 08/11/2022

The rise of $100 million net worth individuals: Why Singapore’s luxury property market still has room for growth

At this stage of cooling measures, there’s growing concern that even Singapore’s stable climate might put off foreign property investment.The Additional Buyers Stamp Duty (ABSD) rate for foreigners ...

Posted on 08/11/2022

Shoppers are back, but higher interest rates and weak currencies cloud Starhill Global REIT’s outlook: OCBC

Higher interest rates and the weak Malaysian ringgit and Australian dollar have dampened Starhill Global REIT’s (SGREIT) outlook, say OCBC Investment Research analysts. The REIT owns interests in ...

Posted on 08/11/2022

Following 3QFY2022 results, analysts divided on OCBC’s net interest margin outlook

Some analysts see a stable outlook ahead for Oversea-Chinese Banking Corporation (OCBC Bank) following its results for 3QFY2022 ended September, with mid-single digit loan growth within reach in the ...

Posted on 08/11/2022

DBS, Temasek, World Bank and more launch second edition of climate-tech accelerator programme

Organised in partnership with Temasek, GenZero, Google Cloud, the World Bank, Capgemini and the Centre for Nature-based Climate Solutions at the National University of Singapore (NUS CNCS), the group ...

Posted on 08/11/2022

This Fund Thinks Southeast Asia Looks Ripe For Investment, And Here’s Why

Yong also highlighted Singapore as a market with opportunities in the automotive ... The key issues facing the Asia-Pacific markets Of course, no area of investment is without concerns. For example, ...

Posted on 08/11/2022

Vertical’s Tribeca-backed global critical minerals event set for Singapore

A future-focused resources conference backed by one of Asia Pacific’s most prolific investment firms will converge on Singapore next year.

Posted on 08/11/2022

Summit Industrial REIT sold in Singapore-backed $5.9 billion deal

Government of Singapore Investment Corp. and Dream Industrial REIT acquire Summit’s industrial portfolio in all-cash transaction ...

Posted on 07/11/2022

Singapore parliament approves GST hike, finance minister slams opposition calls for delay

From January 1, the GST will rise from 7 to 8 per cent, with a further hike to 9 per cent in 2024 Deputy prime minister and finance minister Lawrence Wong said opposition MPs who suggested ...

Posted on 07/11/2022

Singapore’s GST hike to go through after Bill passed in Parliament, with opposition MPs recording dissent

GST will increase from 7 per cent to 8 per cent from Jan 1, 2023 and from 8 per cent to 9 per cent from Jan 1, 2024.

Posted on 07/11/2022

Singapore stocks end higher even as China’s Covid-19 curbs continue

SINGAPORE - Singapore shares closed higher on Monday (Nov 7), even as China’s decision over the weekend to stick to its zero-Covid policy dampened investor sentiment. The Straits Times Index (STI) ...

Posted on 07/11/2022

Singapore second largest source of FPI inflows in Indian equity markets, in October

In comparison to Mauritius-based offshore funds, which owned securities worth Rs4.69 lakh crore as of October 31, Singapore-based offshore funds held securities worth Rs4.89 lakh crore.

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