Singapore is facing its most severe recession ever, due to the shock to supply and demand caused by the Covid-19 pandemic, said Ravi Menon, managing ... ( read original story ...)
Construction worker fined for breaching COVID-19 quarantine order to go to a bank
A construction worker was fined S$2,000 in court on Thursday (Jun 11) for breaching his quarantine order to visit a bank. ( read original story ...)
How the SGX investor portal can be a 1-stop destination to support your investment journey
Global Financial Crisis, investors have not seen stock markets that have crashed so quickly as what had happened in February and March 2020, when the Covid-19 outbreak became a full-blown global ... ( read original story ...)
OCBC to resume face-to-face wealth advisory services by appointment at some branches
OCBC Bank will resume face-to-face wealth advisory services by appointment only for bancassurance, funds, structured investments and bonds at 27 branches and nine OCBC Premier Banking Centres.. Read ... ( read original story ...)
UOB Kay Hian donates $600,000 to ST School Pocket Money Fund
Stock brokerage company UOB Kay Hian has donated a total of $600,000 to The Straits ... Mr Warren Fernandez, chairman of the STSPMF and editor-in-chief of Singapore Press Holdings' English/Malay/Tamil ... ( read original story ...)
Tiny Singapore replaces U.S. as India’s top market for engineering exports
Singapore replaced the United States as India's biggest overseas market for engineering parts in April, with exports rising 95% to $553 million from a year earlier, a trade body said on Wednesday, as ... ( read original story ...)
Software Firm Duck Creek Raises $230 Million Ahead of IPO
Duck Creek Technologies, a software provider for insurers, has raised $230 million from new and existing investors ahead of a planned initial public offering. ( read original story ...)
Singapore record FX deposit surge hints at inflow, risk aversion
Foreign currency deposits at banks in Singapore rose by a record S$6 billion in April to their highest tracked level of S$27 billion, likely reflecting foreign inflows, risk averse depositors and ... ( read original story ...)
Lawrence Wong, Minister for National Development and Second Minister for Finance
Singapore Minister for National Development and Second Minister for Finance Lawrence Wong speaks to Singaporeans on living with COVID-19. Singaporean curator and scholar Peter Lee explores the history ... ( read original story ...)
Singapore stock watch: DBS says more customers asking about its fixed-rate home loans
The following companies saw new developments that may affect trading of their securities on Wednesday (June 10):. Read more at straitstimes.com. ( read original story ...)
Bharti Airtel increases stake in Bangladesh-based telco Robi Axiata
NEW DELHI: Bharti Airtel Ltd on Tuesday said its wholly-owned subsidiary Bharti International (Singapore) Pte Ltd has bought an additional 6.3% stake in Bangladesh’s second largest telecom operator ... ( read original story ...)
OCBC moves wealth advisory service online
SINGAPORE (THE BUSINESS TIMES) - OCBC on Tuesday (June 9) said it has managed to shift a "complex face-to-face process" involving more than 50 pages of documents and a comprehensive financial needs ... ( read original story ...)
Bringing society together is the ‘critical issue’ facing Singapore beyond elections: Heng Swee Keat
Bringing society together to cope with a period of massive change is the “really critical issue” facing Singapore beyond the upcoming ... ( read original story ...)
Can Singapore rely less on foreign workers? It’s not just about dollars and cents, say observers
Bringing in foreign workers is not as cheap as people think, he said. A construction worker typically earns about S$800 a month in basic pay, but each worker costs at least double that, if you count ... ( read original story ...)
Citi turns ‘sell’ call on Singapore banks to ‘buy’
One of the rare "sell" calls on Singapore banks has returned to the herd, as Citi Research yesterday upgraded its call on the sector to a "buy". The bank brokerage said the markets may be pricing in a ... ( read original story ...)
DBS beefs up support for social enterprises amid Covid-19
DBS beefs up support for social enterprises with cashflow support, skills training amid Covid-19 DBS beefs up and avails increased access to financing to more than 360 SEs in Singapore to help ... ( read original story ...)