Despite an increase in the number of people accessing online banking services during the circuit breaker period, Singapore's three local banks say there are no plans to cut back on their physical ... ( read original story ...)
Singapore stock watch: Singapore banks to keep wage subsidies
The following companies saw new developments that may affect trading of their securities on Friday (May 22):. Read more at straitstimes.com. ( read original story ...)
Citi Singapore returns COVID-19 Jobs Support Scheme payouts
Citi Singapore has returned payouts under the Jobs Support Scheme (JSS) and will decline future payments from the Government under the ... ( read original story ...)
Commentary: New Singapore Government measures must be more targeted than previous three Budgets
While new fiscal stimulus is needed to save jobs and businesses in Singapore, focus must also be on building longer-term resilience, says OCBC ... ( read original story ...)
Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries
The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said. ( read original story ...)
Wage subsidies from Jobs Support Scheme will be used to create new jobs: Singapore banks
Local banks in Singapore are using the wage subsidies from the Jobs Support Scheme (JSS) to create new jobs during the COVID-19 ... ( read original story ...)
Citibank Singapore returns COVID-19 Jobs Support Scheme payouts
Citibank Singapore has returned payouts under the Jobs Support Scheme (JSS) and will decline future such payouts from the Government. ( read original story ...)
Singapore Sees Negative Rates Creep In With Flush Liquidity
Negative interest rates are creeping into Singapore.The nation’s overnight borrowing rate was less than two basis points above zero on Tuesday, down from the year’s high of 1.68% in January. The ... ( read original story ...)
Singapore stock watch: Manulife US Reit, Del Monte, Vicom, Keppel DC Reit, PropNex
Manulife US Reit: The office real estate investment trust (Reit) has obtained a US$100 million five-year secured green loan from OCBC Bank. Proceeds will be used primarily to refinance Peachtree, a 27 ... ( read original story ...)
Coronavirus: Singapore rebuts claims Manpower Minister Josephine Teo profited from migrant worker housing
Surbana Jurong – whose international chief executive Teo Eng Cheong is Teo’s husband – in the conversion of the Singapore Expo, an exhibition centre, into a facility housing 8,000 beds. The centre is ... ( read original story ...)
Singapore’s new test kit that can detect coronavirus antibodies in an hour is awaiting FDA approval
The test kit, which passed regulatory approval in Singapore and the EU, is not for rapid and early diagnosis ... Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Data ... ( read original story ...)
Nasdaq set to tighten listing rules, impacting China IPOs
Nasdaq Inc is planning new rules that would make initial public offerings more difficult for some Chinese companies, thrusting the US exchange into the middle of an increasingly contentious debate ... ( read original story ...)
COVID-19: Singapore, Malaysia finance ministers discuss economic recovery
Finance Minister Heng Swee Keat and his Malaysian counterpart Mr Tengku Zafrul Aziz have discussed how the economies of both countries ... ( read original story ...)
Singapore looks to restart economy with phased easing of virus curbs
Singapore will see three-quarters of its economy resume normal operations when curbs to fight the coronavirus are eased from June 2, although the relaxing of measures will likely see a rise in daily ... ( read original story ...)
Singapore to reopen finance and wholesale on June 2
SINGAPORE -- Businesses including finance, wholesale trade and semiconductor manufacturing will be allowed to restart on-site operations June 2, Singapore's government said Tuesday, after two months ... ( read original story ...)
AU Small Finance Bank jumps 4% after Singapore govt buys stake in lender
Holdings had picked up 2.4 million shares of the lender.AU Small Finance Bank reported a 3.4% increase in its net profit for the March quarter to ₹122.32 ... ( read original story ...)