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Tag: banking

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 ...

Posted on 03/01/2023

Singapore’s GDP grew by 3.8% in 2022: MTI’s flash estimates

In the 4Q2022, Singapore's GDP grew by 2.2% on a y-o-y basis. Singapore’s gross domestic product (GDP) grew by 2.2% on a y-o-y basis in the 4Q2022, moderating from the 4.2% grow in the 3Q2022. This is ...

Posted on 03/01/2023

Singapore’s economy topped forecasts in 2022 but new risks growing

Singapore's economy grew faster that official forecasts in 2022 but slower activity in the fourth quarter points to significant risks ahead for the city-state in the new year as global demand weakens ...

Posted on 03/01/2023

Look Ahead 2023: Young Singaporeans need to act fast to minimise impact as inflation persists and growth slows in new year, say experts

The current climate of persistent inflation and dampened economic growth looks set to continue in 2023, and young professionals in Singapore unused to such scenarios will have to take steps to ...

Posted on 03/01/2023

Dollar steady as investors await economic data, Fed minutes

The U.S. dollar was mostly flat on Tuesday as investors awaited slew of economic data this week along with minutes of the last Federal Reserve meeting that will shed light on the Central bank's ...

Posted on 03/01/2023

A tale of two halves for the market in 2023

First, there will be a volatile bottoming process, and then a rebound, say analysts. Read more at straitstimes.com.

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