Minister Tharman Shanmugaratnam, chairman of the Monetary Authority of Singapore (MAS), is going to hail new virtual bank licences, expected to be granted later this year, as the next chapter in ... ( read original story ...)
DBS share price: factors to look at ahead of its Q2 results
Singapore’s largest bank DBS Group Holdings will be announcing its second quarter earnings results for the three months ended June 30, 2019, before the market opens next Monday (July 29, 2019). DBS is ... ( read original story ...)
Singapore June core inflation rate slows to more than two-year low
"The risk of a monetary easing has definitely risen," said Edward Lee, an economist at Standard Chartered. "But this is not unexpected. We do expect a bottoming during this time." Core inflation is ... ( read original story ...)
UOB donates $500,000 to ST School Pocket Money Fund
SINGAPORE - The United Overseas Bank (UOB) donated $500,000 to The Straits Times School Pocket Money Fund (STSPMF) on Monday (July 22). The funds are in support of ChildAid 2019, an annual charity ... ( read original story ...)
Prime US REIT closes flat at IPO price on trading debut
SINGAPORE (July 19): Prime US REIT closed flat at its first trading session on the Singapore Exchange on Friday. As at 5pm, the counter was trading at its IPO price of 88 US cents with 10.7 million ... ( read original story ...)
Singapore-based fintech soCash raises US$6m to expand to Indonesia, Malaysia, Hong Kong
Meanwhile, Standard Chartered was the first bank in Singapore to partner with soCash. The bank has integrated soCash into its mobile banking app in Singapore since 2017, enabling customers to withdraw ... ( read original story ...)
Singapore fintech startup SoCash raises $6m in series B round
Singapore-based fintech startup SoCash raised US$6 million in a series B round led by Japanese money-handling systems developer and manufacturer Glory. SC Ventures, the investments unit of Standard ... ( read original story ...)
Singapore Reits can no longer be seen as ‘low-risk’ if leverage limit is raised: OCBC
SINGAPORE - If the proposed changes of raising the leverage limit of Singapore real estate investment trusts (S-Reits) above the current leverage limit of 45 per cent goes through, debt markets can no ... ( read original story ...)
Four dynamic built environment tradeshows to welcome Asia’s largest gathering of industry professionals and innovators
SINGAPORE, July 22, 2019 /PRNewswire/ -- From ... solutions and renewable energy and Smart Cities and Buildings (SCB) Asia featuring the latest advances in urban solutions and smart cities. ... ( read original story ...)
OCBC survey: Half of sandwiched gen find it tough supporting parents and children the same time
According to a recent OCBC’s Financial Wellness Index survey, the majority of working adults in Singapore are financially unprepared for retirement (‘Most working adults not financially ready for ... ( read original story ...)
UOB collaborates with public sector on new inclusive hiring initiative in Singapore
Asia’s most renowned regional HR Excellence Awards is back in October in Malaysia to sieve out HR’s finest gems. Are you a diamond in the rough? View the categories and find out more. Having ... ( read original story ...)
Singapore Life partners DBS to roll out QR code payable premiums
More than $11m of premiums have been remitted via the unified scan-and-pay function. Fintech firm and life insurer Singapore Life has teamed up with DBS to roll out what is said to be the city-state’s ... ( read original story ...)
Supervisor jailed for taking upskirt photos of Citibank colleagues
The supervisor of a team at Citibank preyed on nine of his female colleagues, taking upskirt pictures of them at the office. The 47-year-old man, who held a senior position, cannot be named to protect ... ( read original story ...)
Why I Believe Singapore Exchange Limited Can Continue to Grow
Singapore Exchange Limited (SGX: S68), or SGX, is Singapore’s sole stock exchange. It offers a platform for trading securities such as equities, fixed income, and derivatives. SGX also offers services ... ( read original story ...)
Singapore fuel inventories hit eight-month low as IMO fuel-switch takes effect
SINGAPORE (Reuters) - Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended July 17, official data showed, in one of the latest signs that ... ( read original story ...)
Top China LPG Buyer Considers Singapore IPO for Trading Unit
Oriental Energy Co., China’s biggest importer of liquefied petroleum gas, is considering an initial public offering of its trading and logistics unit on the Singapore stock exchange. The company is in ... ( read original story ...)